4 bedroom detached for sale

£280,000

4

Bedrooms

Floorplan

A large extended detached family home set in a small, quiet and popular cul-de-sac located off Heaton Road and Wallington Road. The spacious living accommodation boasts, entrance porch & hall, 21 ft. lounge with a multi-fuel burning stove, separate dining room, large L-shaped kitchen, cloaks/WC, four first floor double bedrooms, en-suite shower room to bedroom one and a family bathroom. There is a garden to the front with a long block paved driveway to the side leading to a detached garage and to the rear is an enclosed, private garden. Energy Rating: D-60. Council Tax Band: D (2,490.88).

Entrance Porch - Composite entrance door, front & side aspect UPVC double glazed windows, Karndean flooring and a wooden door leading to:

Hallway - Staircase to first floor and Karndean flooring.

Lounge - 6.53m x 3.25m (215' x 107') - Front aspect UPVC double glazed window and UPVC double glazed French doors opening to the garden. Multi-fuel stove, Karndean flooring, coving and a radiator.

Dining Room - 3.63m x 2.99m (1110' x 99') - Front aspect UPVC double glazed window, understair storage cupboard, Karndean flooring, coving and a radiator.

L-Shaped Kitchen - 5.27m x 4.62m (max.) (173' x 151' (max.)) - Rear aspect UPVC double glazed window and UPVC double glazed French doors opening to the garden. A range of base & wall units with granite worksurfaces & wood effect rolled worksurfaces incorporating a twin Belfast sink with boiling instant hot water tap and waste disposal unit. Gas range cooker with matching extractor hood over, space for concealed washing machine, tumble dryer & dishwasher, breakfast bar and a radiator.

Cloaks/Wc - Pedestal wash basin, low level WC, UPVC clad walls and an extractor fan.

First Floor Landing - Access to loft and a radiator.

Bedrooom One - 5.13m x 2.76m (max.) (169' x 90' (max.)) - Rear aspect UPVC double glazed window, laminate flooring and a radiator.

En-Suite - Rear aspect UPVC double glazed window, walk-in double cubicle with electric shower, pedestal wash basin, low level WC, UPVC clad walls, extractor fan and a radiator.

Bedroom Two - 3.81m x 3.32m (max.) (125' x 1010' (max.)) - Front aspect UPVC double glazed window, fitted sliding wardrobes, built-in storage cupboard, laminate flooring and a radiator.

Bedroom Three - 3.81m x 2.98m (125' x 99') - Front aspect UPVC double glazed window, fitted sliding wardrobes, airing cupboard and a radiator.

Bedroom Four - 2.66m x 2.56m (88' x 84') - Rear aspect UPVC double glazed window, laminate flooring and a radiator.

Bathroom - White suite comprising; bath with mixer tap & showerhead, vanity unit housing wash basin and a low level WC. UPVC clad walls and a chrome heated towel rail.

Externally - There is a lawn and gravelled front garden, a long block paved driveway to the side with wrought iron gates and leads to a detached garage. To the rear is a private, South facing rear garden with lawn, block paved patios, wooden shed and borders.

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

£ 233700

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

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
    £ 7000
  • 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

£ 23700
  • 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.

£

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

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  %

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

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