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£650,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE 650,000 - 675,000. Offered with no onward chain, nestled in a highly sought-after location, is this spacious detached home which offers a blend of modern living and versatile accommodation. An internal viewing is highly recommended to appreciate the accommodation on offer.
As you enter the property, youre greeted by an inviting entrance hallway/snug with a cozy log burner. The ground floor boasts several reception rooms, including a formal dining room that flows into a bright lounge with bi-folding doors, skylight windows and an open fire. The heart of the home is a stunning Wren kitchen, installed in 2019, featuring Dekton worktops, Fisher & Paykel drawer dishwashers, an induction hob, and a Franke boiling water tap. A separate utility room adds convenience. The front bedroom includes a modern en-suite, while the ground floor also offers two additional bathrooms, a music room, a spacious study, and a sunroom. The property includes annexe potential, offering flexible living arrangements to suit various needs. Upstairs there are three further bedrooms, dressing room and a shower room.
At the front of the property, the driveway offers ample off-road parking. A pedestrian gate set within a fenced area opens to a lawned area, enclosed by mature shrubs. A side gate provides convenient access to the rear garden. Adjacent to the rear of the house, a patio area provides ample space for entertaining, while a recently built shed provides extra storage or workshop space. The remainder is laid to lawn with mature shrub borders.
Full Fibre Broadband up to 1600 Mbps Mbps Download speed and up to 115 Mbps upload speed. This is based on information provided by Openreach.
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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