5 bedroom detached for sale

£515,000 Guide Price

5

Bedrooms

2

Bathrooms

2

Reception

Complete estate agents are delighted to offer this lovely and spacious four/five bed detached property nicely tucked away in a small quiet cul-de-sac on the favoured older part of Bowerhill. Offering good access to the Oaks secondary school and Bowerhill primary school as well as the treasured Kennet and Avon canal walks on the very fringe of Bowerhill. Based on two floors the accommodation offers good living proportions throughout and comprises, an entrance porch, entrance hall, cloakroom, sitting room, kitchen/dining room, a utility, rear lobby area and a study/bedroom five. To the first floor there are four beds, an en-suite and a family bathroom. Externally there is a generous driveway providing parking for several vehicles, a double garage, home office and enclosed side and rear gardens. The property further benefits from gas heating and double glazing. Viewing is strongly recommended. No Chain.On the favoured older part of Bowerhill and within convenient distance of the local amenities to include a Tesco convenience store, public house, primary school, Melksham Oak secondary school and village hall. The town centre of Melksham is just over a mile away and offering a wider variety of facilities to include a variety of shops and supermarkets, restaurants and bars, doctors and dentists surgeries and a swimming pool/fitness centre with a library and cafe. Regular bus services to neighbouring towns of Devizes, Trowbridge, Chippenham and the Georgian city of Bath. Chippenham having a mainline railway station with links to (London-Paddington) and access to the M4 motorway via junction 17 offering convenient access to the major centres of Bath, Bristol, Swindon and London.AccommodationFront door with obscure double glazed pane inset leading to;Entrance HallStairs to first floor with useful cupboard below, kardean flooring, radiator.CloakroomDouble glazed window to front, low level W/C with integrated cistern, wall mounted hand basin with cupboard below, tiled walls, radiator.Sitting RoomDouble glazed window to front, two column radiators, Karndean flooring, television point.Kitchen / Dining RoomDouble glazed window and french doors opening to the rear garden. The fitted kitchen comprises a range of wall, base units and drawers with worktop and inset stainless steel stink fitted with filtered cold and boiling water tap and tiled splash backs. A range of integrated appliances comprising dishwasher, full length fridge and freezer, combination oven/ microwave and two further integrated electric fan assisted ovens an central Island and breakfast bar with an induction hob with a rising downdraft extractor. Karndean flooring.Rear LobbyDouble glazed door opening to the side, Kardean flooring, further door to family room and door to:UtilityDouble glazed window to rear, worktop and space for washing machine and tumble dryer, radiator, wall mounted gas boiler.Family Room/Bedroom FiveDouble glazed window to front, telephone point, radiator.First Floor LandingAccess to two partly boarded loft spaces with access via loft ladder, built-in airing cupboard, doors to all rooms.Bedroom OneDouble glazed window to rear, radiator, door to:En-SuiteObscure double glazed window to rear. Comprising a tiled shower cubicle, low level W.C, his and hers wall mounted wash hand basin with drawers below, recessed down lighters, radiator.Bedroom TwoDouble glazed window to front, a range of fitted wardrobes, radiator.Bedroom ThreeDouble glazed window to front, radiator.Bedroom FourDouble glazed window to front, radiator, built-in cupboard.Family BathroomDual aspect double glazed windows to rear and side. Four piece suite comprising a rounded Bath, pedestal wash hand basin, low level W.C, shower cubicle with waterfall shower head, recessed down lighters, tiled splash backs and heated towel rail.OutsideDouble Garage & Driveway With two up and over doors, power and light, window to front, double doors opening onto the side garden, access to eaves storage.The driveway is laid to block paving and shingle and enclosed by low walling.Rear GardenThe southerly facing rear garden is a good size and enclosed by timber fencing and laid to paving and shingle raised beds with seating, further decked areas, gated access to both sides with one leading to the double garage. Home OfficeTimber built and fully insulated with double glazed window and door, electric heating and recessed lighting. Laminate flooring.These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give a representation or warrenty in respect of the property. Floor plan measurements and distances are approximate only and should not be relied upon. We have not carried out a detailed survey nor tested the services, appliances or specific fittings.



Features
  • Freehold

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

£ 427575

Mortgage Loan to Value

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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

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 12875
  • 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

£ 41325
  • 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)
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  • Letting Fee
    £
  • Maintenance
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  • 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.

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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

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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