4 bedroom semi-detached for sale

£725,000

4

Bedrooms

3

Bathrooms

Floorplan

Castles are delighted to present this truly exceptional four-bedroom semi-detached family home, perfectly positioned on the highly desirable Meridian Park development.From first glance, this impressive double-fronted property stands out with its elegant faade and stylish plantation shutters. Step inside and youll find a home finished to an outstanding standard, decorated throughout with sophistication and care.The spacious entrance hall features striking Alva herringbone flooring and a statement staircase, setting the tone for the rest of the home. At the heart of the property is the beautifully designed kitchen-diner, complete with composite stone worktops, a central island, and a full suite of high-spec appliances including a Smeg hob, Miele microwave and steam oven, and two Pyrolytic self-cleaning ovens.A separate utility room provides convenient access to the rear garden a true highlight of the home. This outdoor space is perfect for both entertaining and family life, with a covered seating area fitted with power and a TV, creating a functional and cosy outdoor room for year-round enjoyment.Also on the ground floor is a stylish WC and a generous lounge featuring a sleek electric feature fireplace.Upstairs, the first floor offers three beautifully presented bedrooms, one with its own en-suite, along with a modern family bathroom. The top floor is dedicated to an indulgent principal suite, boasting an en-suite shower room and an enviable dressing area a private sanctuary at the top of the home.Additional features include off-street parking for 23 cars and a double garage. The location is second to none just moments from the popular Meridian Park, offering green open space for walks, play, and relaxation.This is a home that truly needs to be seen to be appreciated.

EPC Rating C - Council Tax FFor further details or to arrange a viewing, please call or email .

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 600825

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 18125
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 57075
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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