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£400,000 Guide Price
Bedrooms
Bathrooms
This four-bedroom detached property on the popular Timken development, has a self contained one bedroom annex with its own front door, ideal for a family with an elderly relative. The property has plenty of space for a growing family with three separate reception rooms and a kitchen/breakfast room.
Four Bedroom Detached Property With a Self Contained Annex for Sale in Daventry
description: This four-bedroom detached property with no upper chain, located in a quiet close on the popular Timken development, has a self-contained one-bedroom annex with its own front door and would be ideal for a family with an elderly relative.
The main property has plenty of space for a growing family with three separate reception rooms and a good-sized kitchen/breakfast room. The addition of the one-bedroom annex gives the accommodation plenty of flexibility if you have a large family.
The annex accommodation which is a great size could have a number of uses including, office space, treatment room, granny annex, teenager pad or even a rental property to help generate additional income if required.
If you are looking for something different with income potential or just want to reduce costs and move in with family or relatives then call the Campbells team today, as this property might just be what you have been waiting for.
The annex: The self-contained annex, which has its own private door is surprisingly spacious and consists of an entrance hallway leading to a shower room a fitted kitchen and a good-sized lounge/dining room with patio doors leading into a shared rear garden, a door from the lounge leads you into a double bedroom with a fitted wardrobe.
Outside the annex shares the main propertys sunny low maintenance rear garden, the annex also shares the off-road parking forward of the garage/storage area.
The annex has a separate phoneline, its own boiler providing a quality underfloor gas central heating system, electrics and its own address for postal address, there for it also has its own council tax banding. This annex area even has a safety emergency pull cord assistants alarm which sounds in the main property.
Council Tax Band - A EPC Rating - tbc Tenure €“ Freehold
accommodation: The accommodation in the main property consists of an entrance hallway, leading to a ground floor cloakroom, separate study, a good-sized lounge with a feature box bay window and glazed double doors leading into a separate dining room.
The dining room which has French double glazed patio doors into the rear garden also offers access into a sizable kitchen/breakfast room with space for a dining table and chairs.
To the first floor you have four good sized bedrooms - three doubles and a proper sized single, there are built in wardrobes to bedrooms one and two with the main bedroom having en-suite facilities, there is also a family bathroom.
Further benefits include gas central heating from a replaced boiler and UPVC double glazing throughout.
Council Tax Band - E - EPC Rating - tbc Tenure €“ Freehold
outside: Outside to the front you have a small well-maintained garden mainly lay to lawn with side gated access to the rear garden.
There is off-road parking to the side of the property which is shared with the annex and there is further additional on road parking close to the property.
The pleasant rear garden which is enclosed by wood panel fencing and is very low maintenance with a number of decked patio areas, with a water feature which is an ideal place for relaxing in the sun, sipping your favourite drink after a long day.
As previously mentioned, the low maintenance sunny rear garden is shared with the one-bedroom annex.
Location: The property is on the popular Timken Estate and was built just over 20 years ago by Wilcon Homes, it is only a five-minute drive from Daventry Town Centre.
Daventry itself benefits from many facilities and amenities including the Leisure Centre, Daventry Country Park, various Bars and Restaurants, Supermarkets, small Boutiques, and local Shops along with the twice-weekly Market held on the High Street. The new Daventry cinema which has recently opened, has received fantastic reviews and is a great addition to the town.
Daventry is also a great location for commuting, it is only a short drive from major road networks and only fifteen minutes from Long Buckby Railway Station. The town is 75 miles from London via the M1 motorway, 13 miles from Northampton. 10 miles from Rugby and 15 miles from Banbury making it great for commuting.
Other nearby places include Towcester, Southam, Coventry and many desirable villages such as Ashby St Ledgers, Braunston, Weedon, Dunchurch and Staverton to name just a few.
Room measurements: Study
2.45m (8) x 2.36m (79")
Kitchen/Breakfast Room
4.69m (155") x 3.39m (111")
Dining Room
3.25m (108") x 2.83m (93")
Lounge
4.62m (152") max x 3.49m (115")
Bedroom 1
3.75m (124") x 3.49m (116")
Bedroom 2
3.63m (1111") max x 3.34m (1011")
Bedroom 3
2.74m (9) x 2.57m (85")
Bedroom 4
3.25m (108") x 2.77m (91")
Garage/Storage
2.50m (82") x 1.38m (46")
The Annex:
Shower Room
2.35m (79") x 1.20m (311")
Kitchen Area
2.35m (79") x 2.10m (611")
Living Room
3.66m (12) x 3.21m (106")
Bedroom
3.12m (103") x 3.04m (10)
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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.
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