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£850,000
Bedrooms
Bathrooms
Holly House is one of two recently built beautiful detached family homes which are Victorian in design, with a variety of architectural detailing relevant to this architectural era, which knit together to create two cohesive and harmonious high quality homes. The style of architecture is drawn from the character of many houses in the immediate area and incorporating the following detailing reflecting this era: large bay windows, gablet dormer windows, exposed rafter feet, brick interspersed with small sections of vertical tile hanging and brickwork, chimneys with decorative corbelling, traditional sash design windows and traditional gabled roofs. Internally the property provides spacious flexible living accommodation with contemporary open plan living space and separate sitting room. On the upper floor the bedroom accommodation incorporates en-suite facilities, as well as a family bathroom and linen store and on the second floor an office/bonus room. This two/three storey property is versitile in its layout. To the rear there is a garden laid to lawn with patio area and the property benefits from a double car port with store room above and gated driveway with additional parking. This family home has been built with unrivalled attention to detail combining elegance and luxury in a much sought after location.
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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