4 bedroom detached for sale

£585,000

4

Bedrooms

3

Bathrooms

Floorplan

A spacious detached house in a sought after location of Denvilles. Three reception rooms, kitchen with utility room, four good bedrooms, two en suite shower rooms plus family bathroom, good sized south facing garden, generous off-road parking and garage.

This well-proportioned family home is located in the sought after are of Denvilles, within easy reach of good local schools and excellent transport links. The house is half a mile (about a 10 minute walk) from Wablington train station, with Havant train station (with mainline services to London Waterloo) about a mile away. Warblington School is also within walking distance. The house boasts four good bedrooms, three reception rooms and a good-sized plot with a southerly aspect rear garden. There is a generous space for off-road parking on the driveway, as well as an attached single garage. The house has been very well cared for and maintained by the current owners.

On entering the house, there is spacious entrance hall along with a ground floor cloakroom accessed just one step up on to a half landing on the stairway. The dual aspect sitting room is a good size, featuring a bay window to the front and double doors opening to the dining room. The dining room has a further pair of patio doors opening out to the rear garden. The kitchen can be accessed from both the hallway and dining room, offering a range of base and wall units with space for a range style cooker with filter hood above, an integrated Bosch dishwasher (new in Jan 2023) and a sliding door through to a very useful utility room.

To the first floor, the largest of the bedrooms features a range of built-in wardrobes, as well as a good-sized en suite shower room. The second bedroom also offers built-in wardrobe space and an en suite shower room (no toilet). There are two further bedrooms, one of which is another good double room with access to an area of eaves storage. The family bathroom offers both a bath and separate shower cubicle, as well as a wash basin and toilet.

Outside, there is a generous driveway to the front of the house providing good off-road parking space. This leads to an attached single garage at the side of the house. There is gated access to the southerly aspect rear garden, which features a raised patio area at the rear of the house with steps down to further patio space and the lawn beyond. The garden is edged with mature flower beds. There is a large timber cabin (153' x 153') with light and power, which potentially could be used as a home office or gym. There is also a timber shed. Behind these is an extended area of garden which is mostly laid to gravel providing an area of practical outdoor space.

GROUND FLOOR:
ENTRANCE HALL
CLOAKROOM
SITTING ROOM 5.93m (196') max x 3.56m (118')
DINING ROOM 3.55m (118') x 2.98m (99')
STUDY 3.62m (1110') x 2.38m (710')
KITCHEN 3.55m (118') x 2.72m (811')
UTILITY ROOM 2.48m (82') x 1.81m (511')

FIRST FLOOR:
BEDROOM 1 4.06m (134') x 3.61m (1110')
EN-SUITE SHOWER ROOM
BEDROOM 2 3.61m (1110') x 3.54m (117')
EN-SUITE SHOWER ROOM
BEDROOM 3 4.21m (1310') max x 3.60m (1110') max
BEDROOM 4 2.98m (99') x 2.38m (710')
FAMILY BATHROOM

Council Tax Band: F

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

£ 485325

Mortgage Loan to Value

%

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
    £ 14625
  • 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

£ 46575
  • 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

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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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