4 bedroom detached for sale

£875,000

4

Bedrooms

2

Bathrooms

Floorplan

An immaculately presented, substantial four bedroom detached property located in the desirable Warblington area, convenient for good road and rail transport links. This property has been extended and fully renovated by the current owners in 2023/2024 and must be viewed to appreciate all on offer.

This impressive detached home is set in the sought after area of Warbling ton, within walking distance of local schools, the harbour side, pubs and other amenities, and with easy reach of excellent transport links, including the A27, A3(M) and Havant train station with mainline services to London Waterloo. The house is immaculately presented and offers spacious living accommodation to the ground floor, with a large kitchen/diner, separate lounge, study/fifth bedroom and utility room. A particular feature of the property is the bifold doors leading from the kitchen into the garden. The property also benefits from a resin drive, electric car charging point, triple glazed windows and a summer house equip with plumbing and electrics. A viewing is highly recommended to appreciate the quality of the accommodation on offer.

On entering the property, the entrance hall leads into the open plan kitchen/diner. The kitchen features wall and base fitted units with a U-shaped work top. The kitchen benefits from integrated electric oven, induction hob, coffee machine, microwave, dishwasher, wine fridge and a double bin. There are also bifold doors which stretch across the back of the kitchen/diner which open out to the garden. From the kitchen there is access to all ground floor accommodation. The lounge is great size and features a bay window looking out to the front of the property. The utility area has an array of wall and base fitted units with space for a washing machine and tumble dryer. There is a door which goes into the back garden. The fifth bedroom/study is a good size double with a window looking out to the side of the property. There is also a down stair cloakroom.

To the first floor, the property features a spacious master suite, which comprise of the bedroom which is 1311 x 1010, a dressing room and an ensuite shower room. The shower room is made up of walk in shower, wash basin with storage underneath and toilet. There are three further, well-proportioned double bedrooms, with the third bedroom being an L-shaped room. The family bathroom offers a bath with a shower over, as well as a wash basin and toilet.

Outside, to the front of the property there is a resin drive way which provides off road parking for up to 4 cars. There is also a charging point for electric cars and a storage area which is covered by an electric garage shutter door. There is side access to the back the back garden both to the left and right hand side of the property. The back garden has a patio which is adjacent to the property with a path to the right hand side leading to the summer house, with the remainder of the garden laid to lawn. The summer house benefits from electricity as well as plumbing and is currently used as bar/games room. There is also an enclosed covered seating area which has electrics making is an ideal area to have a hot tub.

GROUND FLOOR
LOUNGE- 4.54m (1411') x 3.95m (13)
KITCHEN/DINER- 6.54m (216') max x 5.44m (1710') excluding entrance hall
UTILITY ROOM- 3.74m (123') x 2.25m (74')
STUDY/BEDROOM- 3.41m (112') x 2.25m (74')


FIRST FLOOR
LANDING
MASTER BEDROOM- 4.24m (1311') excluding bedroom entrance x 3.30m (1010')
DRESSING ROOM- 2.37m (79') x 2.20m (73')
EN-SUITE SHOWER ROOM
BEDROOM 2- 3.95m (13) x 3.62m (1110')
BEDROOM 3- 3.62m (1110') x 2.97m (99') excluding recess
BEDROOM 4 3.26m (109') max x 2.98m (99')
FAMILY BATHROOM

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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

£ 724575

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 21875
  • 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

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£

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

£ 68325
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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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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