5 bedroom link detached house for sale

£595,000

5

Bedrooms

3

Bathrooms

Floorplan

Set back from the road and screened to the front by mature trees and bushes, the property enjoys a relatively private setting within the development. Arranged over two floors the property offers spacious and well proportioned rooms, suitable for a variety of family needs. In brief, the accommodation comprises:- entrance porch, entrance hall, cloakroom, kitchen/breakfast room, utility room and 3 reception rooms at ground floor level and 5 bedrooms and 3 bath/shower rooms (2 en suite) at first floor level. Heating is gas fired to radiators and the windows are Upvc sealed unit double glazed. There are established, low maintenance gardens to the front and rear, parking for several cars and a double garage. The Council Tax rating is currently Band E and the EPC rating is currently being assessed. The property further benefits from being able to offer vacant possession with no onward chain.

Beresford Road is particularly well placed for access to St Johns Community Primary School and Ely leisure, a complex on the western outskirts of the city, which includes various eating establishments, cinema, sports centre, swimming pool together with sporting activities including golf, squash and tennis. Ely offers a good range of day-to-day amenities, several weekly markets and a mainline railway station with services to Cambridge, London, Birmingham and the north.

Entrance Porch: - Door to:-

Entrance Hall: - Stairs to floor floor.

Cloakroom: - Tiled floor, low level WC and wash hand basin.

Study: -

Sitting Room: - Fireplace with stone surround and hearth and inset gas fire. French doors to:-

Dining Room: - Dual aspect, French doors to garden and door to:-

Kitchen/Breakfast Room: - Tiled floor, sink unit, range of matching base and wall cabinets, range of integrated appliances comprising fridge/freezer, dishwasher, double oven and 4 ring gas hob with extractor fan above. Door to:-

Utility Room: - Tiled floor, sink unit, base level cabinets, Cupboard housing the hot water cylinder, cupboard housing the gas boiler, position for washing machine and tumble dryer and door to garden.

First Floor: -

Landing: - Linen cupboard and loft hatch to roof space.

Bedroom 1: - Dual aspect, range of built in wardrobes and door to:-

En Suite Bathroom: - Tiled floor, low level WC, wash hand basin and System Pool bath.

Bedroom 2: - Dual aspect, range of built in wardrobes and door:-

En Suite Shower Room: - Low level WC, wash hand basin and shower cubicle.

Bedroom 3: -

Bedroom 4: -

Bedroom 5: -

Bathroom: - Tiled floor, low level WC, wash hand basin, panelled bath and shower cubicle.

Outside: - The property is set well back from the road behind areas of artificial lawn and a variety of established shrubs and bushes. A block paved driveway provides off road parking and access to a double garage with twin remote controlled up and over doors to front, power, light and door to rear garden. The rear garden is fully enclosed and contains an artificial lawn, established shrubs and bushes and paved terraces.

Map location is not available for this property.

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

£ 493575

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
    £ 14875
  • 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

£ 47325
  • 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

Please enter a valid UK mobile number (e.g. 07123456789 or +447123456789)

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