4 bedroom detached for sale

£850,000

4

Bedrooms

2

Bathrooms

Floorplan


SUMMARY
'''CLOSE TO PARMITERS SCHOOL AND ST MICHAELS SCHOOL'''LARGE FAMILY RESIDENCE'''DRIVEWAY'''LARGE REAR GARDEN'''DETACHED'''DOUBLE GARAGE'''


DESCRIPTION
A prestigious four bedroom detached house featuring driveway, double garage, downstairs WC, games room, large fitted kitchen, conservatory and large lounge/ diner. To the first floor are four spacious bedrooms with ensuite to master bedroom and family bathroom. This very well proportioned and presented home has been lovingly maintained by the current owners and boasts a large rear garden with patio area, perfect for enjoying al-fresco dining in the warmer months. Very well placed to the reputable Parmiters school and great for North Orbital Road and M1 motorway.

Entrance Hall
Front door, under stairs cupboard.

Cloakroom
Tiled walls, wash hand basin in vanity unit, heated towel rail, window to front.

Games Room10 1' max x 9 1' max ( 3.07m max x 2.77m max )
Radiator, window.

Kitchen13 8' max x 10 1' max ( 4.17m max x 3.07m max )
Fitted kitchen comprising wall and base units, stainless steel sink with drainer, integrated dishwasher, cooker point with cooker hood, gas hob, double oven, door to side, radiator.

Dining Area12 11' x 10 1' ( 3.94m x 3.07m )
Radiator, bi-folding doors, window.

Living Room Area15 11' max x 13 9' max ( 4.85m max x 4.19m max )
Three radiators.

Conservatory12 11' x 10 1' ( 3.94m x 3.07m )
Under floor heating, patio door to side.

First Floor Landing

Bedroom 113 3' max x 10 5' plus wardrobes ( 4.04m max x 3.17m plus wardrobes )
Window, radiator, wardrobes.

Ensuite
Heated towel rail, walk in shower, extractor fan, window, WC.

Bedroom 29 11' max x 11 6' plus wardrobe ( 3.02m max x 3.51m plus wardrobe )
Built in wardrobe, radiator, window.

Bedroom 39 11' x 9 9' plus fitted bookshelf ( 3.02m x 2.97m plus fitted bookshelf )
Radiator, window, fitted bookshelf unit.

Bedroom 49 4' plus wardrobes x 8 11' plus recess ( 2.84m plus wardrobes x 2.72m plus recess )
Window, radiator, fitted wardrobes.

Bathroom
Bath, shower attachment, wash hand basin, WC, heated towel rail, extractor fan.

Loft Space

Outside

Front Garden
Driveway for three cars.

Rear Garden
Lawn area, side access.

Garage9 2' max x 34 8' max ( 2.79m max x 10.57m max )



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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

£ 703950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 21250
  • 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

£ 66450
  • 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

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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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