3 bedroom detached for sale

£365,000 Guide Price

3

Bedrooms

1

Bathrooms

2

Reception

Floorplan

Complete estate agents are delighted to offer this well presented detached home nicely tucked away in a small quiet cul-de-sac within the highly sought after Morgan estate within a level walk into town. The accommodation comprises an entrance porch, hallway, kitchen, dining room, Living room, conservatory, utility, cloakroom, three bedrooms and a shower room. Externally a driveway with parking that leads to the garage. Open plan front garden and a fully enclosed and generous rear garden. The property further benefits from gas heating and double glazing. Early viewing is recommended and offered for sale with no chain.SituationWithin an favoured established location on the southern side of the town, towards the end of a small Cul-de-sac the property lies within a level walk of the town centre, which offers a range of facilities which include swimming pool/fitness centre, library, shops, eateries and supermarkets and bus services to surrounding towns whilst a petrol filling station/shop and a primary school lies a short distance away.Neighbouring towns include Corsham, Devizes, Bradford on Avon, Trowbridge and Chippenham with the latter having the benefit of mainline rail services from Melksham whilst the Georgian City of Bath with its many facilities lies some 12 miles distant. Access to the M4 at junction 17 is 3 miles north of Chippenham Accommodation Upon entry you will see that this is a light and airy home due to the large windows and good sized accommodation throughout, arranged on two floors. Double glazed porch with doors to:Spacious hallway with stairs that lead to the first floor (with a cupboard beneath) and doors that access the Kitchen and Sitting Room. The Living Room is a very comfortable room with a central gas fireplace, opening to the Dining room which leads into the Conservatory over looking the garden.The Kitchen is fitted with a range of base and wall cupboards and drawers with work surface over, inset composite sink and drainer unit. Built in double oven. Gas hob with extractor above, space for Fridge/Freezer.Conservatory is light and airy with ceramic tiled floor, doors opening to the garden.Utility Room with window and glazed door into the rear garden, a fitted base unit with work top over and a stainless steel bowl sink inset with cupboard below, space for washing machine and tumble dryer. Doors to the garage and cloakroom.CloakroomLow level wc.Landing with an airing cupboard and doors to all rooms. Bedrooms 1 and 2 are both a good-sized double rooms, and both have built in wardrobes, one having access to the part boarded loft.Bedroom Three is a good single room. The Shower Room is fully tiled and offers a generous size walk in shower with sliding doors and electric shower, vanity unit wash hand basin with cupboard below and low level w/c. Externally, this sizeable plot offers Driveway Parking and gives access to the Garage, which has power, light and wall mounted gas boiler. The Rear Garden is laid to paving and shingle with raised beds, enclosed by timber fencing with a gate leading to the front. 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.



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

£ 303825

Mortgage Loan to Value

%

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

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 9125
  • 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

£ 30075
  • 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
    £

    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.

Notes

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