4 bedroom detached for sale

£550,000 Guide Price

4

Bedrooms

2

Bathrooms

3

Reception

Floorplan

Complete Estate Agents are delighted to present this Detached Edwardian Villa nestled on the incredibly popular Sandridge Road and set within a generous plot, with mature gardens both front and rear, offering a good degree of privacy and excellent off-road parking for numerous vehicles. In need of updating this Edwardian Villa boasts a delightful character with original features and spanning across 2,040sq ft, plenty of outdoor space. Offered for sale with no onward chain.Based over two floors the accommodation comprises a spacious entrance hall with original ornate tiled flooring, a living room, sitting room, dining room, kitchen, conservatory and cloakroom. On the first floor there are four good size bedrooms, a store room, bathroom and a separate W.C. Externally there are front and rear mature gardens, driveway and a garage. Accommodation Canopy PorchGlazed door and window to the front.Entrance HallWith original tiled flooring, radiator, doors to living room, sitting room, dining room, cloakroom and garden.Living Room Bay window to the front with window to the side, fireplace and two radiators.Sitting RoomBay window to the front elevation, fireplace with wood surround and radiator.Cloakroom Window to the rear elevation, low level W.C. pedestal wash hand basin.Dining Room Windows to the side and rear elevations, radiator, built in cupboards and shelving, fireplace with free standing boiler.KitchenFitted with a matching range of wall and base units with worktop space over, stainless sink and drainer unit with mixer tap, built in electric over and hob, space for dishwasher and fridge freezer, tiled splashbacks, window over looking the garden and door to the side.ConservatoryHardwood glazed with flagstone flooring and doors to the rear garden, plumbing for washing machine.LandingDoors to bedrooms and bathroom, radiator.Main BedroomBay window to front elevation, built in wardrobes and radiator.BathroomFitted with a two piece suite comprising bath with shower over, pedestal wash hand basin, window to rear elevation and heated towel rail.W.C.Window to the side elevation, pedestal wash hand basin and low level W.C, airing cupboards housing water cylinder, radiator.Bedroom TwoWindow to front elevation and radiator.Bedroom ThreeWindow to rear elevation, built in wardrobe and radiator.Bedroom FourWindows to rear and side elevations and radiator.Rear GardenEnclosed by fencing and laid to lawn with a variety of mature trees and shrubs providing plenty of privacy.GarageWindow to rear, personal door to the side, up and over door to front elevation, power, light and eves storage.DrivewayRunning up from the road and across the property to the garage with ample parking. Front garden walling to front and side and laid to lawn with shrubs and trees.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 warranty 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.Cloakroom



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

£ 456450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

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
    £ 13750
  • 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

£ 43950
  • 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.

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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.

£

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
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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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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.

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