Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£1,950,000 Guide Price
Bedrooms
Bathrooms
In the course of construction, with an estimated completion date in Summer 2025, this magnificent detached residence will be finished to an exacting specification and constructed with breathtaking materials to include striking light brickwork complemented by external cladding to the upper parts. At this stage in construction it may be possible to personalise some internal finishes. The house will benefit from the latest thermal efficiencies and air sourced heating, zoned underfloor to the ground floor with radiators above. The house itself extends in excess of 3,500 sq. ft. with the ground floor accommodation radiating around a splendid hallway with a striking oak staircase. There are three reception areas in total including an amazing family space with a state of the art kitchen equipped with high quality appliances. Upstairs, the principal bedroom has a large en suite with bath and shower, plus a south-east facing balcony. Four further double bedrooms (three with en suites) and a family bathroom. Outside, the property will have electric gates set back from the road and the plot extends to approx. 0.65 of an acre in all and abounds with mature specimen trees. A curving driveway sweeps in front of the house and accesses a detached triple garage building with the space above suitable as an annexe/gym/work from home facility or consulting rooms (subject to the necessary Local Authority Consents).
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
The Property has been saved to your favorites
/ 5
It's quick and easy
