Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£650,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE 650,000 - 675,000. Situated in the heart of Fareham, tucked away down a private drive, is this substantial four-bedroom detached home. It features an impressive kitchen/dining/family room, two further reception rooms, utility room, garage & driveway parking for up to four vehicles.
On approach, you enter the property into a generous entrance hallway with doors leading to the principal rooms. The accommodation includes a well-proportioned, triple aspect, lounge overlooking the rear garden, with a playroom positioned adjacent. To the rear of the home lies an impressive triple aspect, open-plan kitchen/dining/family room, featuring a free standing log burner and doors that open directly onto the garden. The kitchen is fitted with tasteful shaker-style units, wooden worktops, a central island with induction hob, built-in ovens and an additional breakfast bar. Completing the ground floor is a utility room with WC and a gym. Upstairs there are four double bedrooms, two of which benefit from balconies with elegant glass balustrades, along with a spacious four-piece family bathroom. An internal viewing is highly recommended to fully appreciate the accommodation on offer.
The property is approached via a private drive with shared access occupying a generous plot. To the front, a block-paved area provides off-road parking, including an electric vehicle charging point, while the remainder of the frontage offers an extensive driveway leading to the garage with an up-and-over door. The garage has been partially partitioned to create additional storage space at the rear. The rear garden wraps around the property and is mainly laid to lawn, complemented by mature trees and shrubs and enclosed by wooden fencing and walled boundary. Adjacent to the rear of the house is a patio area enjoying a pleasant southerly aspect, ideal for outdoor dining and entertaining.
Map location is not available for this property.
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
