4 bedroom detached for sale

£445,000

4

Bedrooms

3

Bathrooms

Floorplan

One of a kind! This phenomenal home on Loughboroughs tranquil Priory Road has been upgraded to perfection!

This truly unique home is formed of an initial entrance hall, which provides access to the large living room. The delightful solid oak doors linking the two spaces (and are also present throughout the rest of the home) are an indication of the quality-focused upgrades contained within the property. The living room benefits from a large window, as well as a handy recess into what was originally a hallway, generously opening the space for additional furniture. A second hallway links the living room to the absolutely exceptional kitchen; featuring luxurious modern cabinetry, a superb stainless steel oven with a 6 burner plus a hotplate, integrated American-style fridge/freezer, and a fantastic breakfast bar; this a space fit for the most talented chefs.

The dining area is filled with light from the south-east facing patio door and large window, and can comfortably house a ten-person dining table. The utility area features the same high-end cabinetry, whilst conveniently concealing the appliances from view. Elsewhere, the ground floor houses a lengthy second reception room, with French doors opening to the garden, whilst the sleek shower room is a welcome amenity.

The sense of luxury within the home continues to the upper floor, which benefits from four fantastic bedrooms, three of which will comfortably house double or king-size beds, whilst the master and second both feature built-in storage. The master bedroom also benefits from a large en-suite shower room, immaculately maintained by the current owners. The internal accommodation is completed by the main bathroom, featuring a full-size bath with shower above, alongside a sink and W.C.

Externally, the home benefits from generous multi-car parking, as well as an integral garage. The rear garden is a true highlight, with a superb lawn, large area of decking, a spacious patio and a delightful raised koi pond.

Priory Road lies in a highly desirable area, with both Holywell Primary and Woodbrook Vale secondary schools just a short distance away. Loughborough town centre is readily accessible, with Pantain Road bus stop just metres away.

To view this special property in person, please contact Clare, Katie, Dominique or Ryan at the Edwards office to arrange your viewing.

Any fixtures, fittings or appliances mentioned in these details have not been tested and can not be assumed to be in full efficient working order. It should not be assumed that items shown in our photographs are included in the sale of the property. Although we have taken every care to ensure the dimensions for the property are true, they should be treated as approximate and for general guidance only. Where an offer is accepted, the prospective purchaser will be required to confirm their identity to us by law. We will need to see a passport or driving license along with a recent utility bill to confirm residence. These details and floor plans, although believed to be accurate, are for guidance only and prospective purchasers should satisfy themselves by inspection or otherwise to their accuracy. No individual within this estate agency has the authority to make or give any warranty in respect to the property. We believe you may benefit from using the services of Simpson Jones, Taylor Rose Solicitors, Moss Solicitors, Idyll Mortgages and/or Jex Surveyors, the Provider(s), who are conveyancers, mortgage adviser and surveyor respectively. We recommend sellers and/or potential buyers use the services of the Provider(s). Should you decide to use the services of the Provider(s) you should know that we would expect to receive a referral fee of between 50 and 144 from them for recommending you to them. You are not under any obligation to use the services of any of the recommended providers, though should you accept our recommendation the provider is expected to pay us the corresponding Referral Fee.


EPC Rating: D

Hallway (1.77m x 1.33m)

Living Room (3.34m x 4.26m)

Internal Hallway (2.88m x 1.05m)

Family Room (2.65m x 5.54m)

Kitchen (3.36m x 3.54m)

Dining Room (3.49m x 3.57m)

Utility Room (2.39m x 2.65m)

Downstairs Shower Room (2.5m x 1.51m)

Landing (2.12m x 2.95m)

Bedroom One (2.59m x 5.48m)

Bedroom One Ensuite (3.25m x 1.61m)

Bedroom Two (3.04m x 4.28m)

Bedroom Three (3.04m x 3.04m)

Bedroom Four (2.14m x 2.57m)

Bathroom (2.12m x 1.71m)

Garage (2.44m x 5.24m)

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

£ 369825

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
    £ 11125
  • 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

£ 36075
  • 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

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

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