4 bedroom detached for sale

£425,000 Guide Price

4

Bedrooms

2

Bathrooms

1

Reception

Floorplan

Complete estate agents are delighted to offer this beautiful four bed detached family home built by Bloor Homes situated on the favoured Gateway development. The accommodation comprises an entrance hall, cloakroom, 21ft living room, 21ft kitchen/dining room. On the first floor is the master bedroom with ensuite shower room, three further bedrooms and the family bathroom. Additional benefits include a garage and driveway providing parking for two cars, double glazing and gas heating. This property is offered for sale with no onward chain.LocationThe property is positioned in the Melksham East estate. Within convenient distance of local amenities including Melksham Town Football and Rugby clubs, Forest & Sandridge primary school, Melksham Oak secondary school, local convenience store, public house and Spa Medical Centre. The town centre of Melksham is just over a mile away offering a wider variety of amenities to include a public library, swimming pool/gym, shops, supermarkets, eateries, doctors and dentist surgeries. The town is conveniently situated with good access to Bath, Devizes, Bradford on Avon, Trowbridge and Chippenham. Melksham railway station has links to the West Coast Mainline via Chippenham offering services to London Paddington and Bristol Temple Meads. Close to the M4 motorway via junction 17 which offers convenient access to the major centres of Bath, Bristol, Swindon and London. AccommodationEntrance door to:Entrance HallWith doors to cloakroom, kitchen/diner, living room and stairs to first floor, storage cupboard, LVT flooring and radiator.CloakroomWindow to front elevation, fitted with two piece suite comprising, wall hung wash hand basin and low-level WC with tiled splash back, radiator and LVT flooring.Living Room 2103 x 1110 (6.40m x 3.38m)Windows to front with french doors to rear elevation and two radiators.Kitchen / Dining Room 2103 x 1002 (6.40m x 3.05m)Fitted with a matching range of base and eye level units with granite work top over, breakfast bar with cupboards below and and Quartz worktop, Belfast sink unit with mixer tap, integrated fridge/freezer, dishwasher, and a range master induction hob cooker with extractor hood above, recessed down lighting, windows to the front and rear, LVT flooring and radiator.Utility RoomFitted with matching base and eye level units housing a wall mounted gas boiler, integrated washing machine and microwave. Quartz worktop, LVT flooring and door into rear garden.First Floor LandingDoors to bedrooms, bathroom and storage cupboard. ""Bedroom One 1201x 1100 (3.68m x 3.35m)Window to rear elevation, built in wardrobes with sliding doors, door to en-suite and radiator.""En-SuiteComprising double shower with glass screen, pedestal wash hand basin and low level WC, tiled splash backs, window to rear elevation and ladder radiator.""Bedroom Two 1208 x 1004 ( 3.66 x 3.68m)Window to rear elevations and radiator.""Bedroom Three 1200 x 803 (3.65m 2.44m)Window to front elevations and radiator.""Bedroom Four 910 x 803 ( 2.77m x 2.44m)Window to the front elevation and radiator."" Family Bathroom Three piece suite comprising bath with shower over, pedestal wash hand basin and low-level WC with tiled splash backs, LVT flooring, recessed lighting, window to front elevation and ladder style radiator.""Externally & ParkingPathway to the front and laid to shingle, a driveway to the side with gated side access to the rear garden.Garage & DrivewayUp and over door to the front, double glazed personal door to the side into the garden, power and lighting and parking to the front.Rear GardenEnclosed by timber fencing with a gated side access, low maintenance artificial lawn and paved patio with raised beds, garden shed and outside tap.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."

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

£ 353325

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
    £ 10625
  • 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

£ 34575
  • 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

Adjust these figures

  %
  %
£
  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message