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£650,000 Guide Price
Bedrooms
Bathrooms
Set within a peaceful cul-de-sac in the sought-after Ashley Park development, this detached four-bedroom home offers approximately 1,970 sq ft of flexible accommodation with excellent potential to modernise or extend (subject to consent). Positioned on a generous plot of around 0.26 acres, the property features an In-and-Out driveway, double garage, and a private west-facing garden.
The front door opens into a central hallway with stairs to the first floor and useful built-in storage. The main living and dining space spans the full depth of the property, enjoying a triple aspect with sliding patio doors opening to the garden. A feature Purbeck stone fireplace creates a focal point, and theres ample room for both relaxing and entertaining.
The adjoining kitchen/breakfast room overlooks the rear garden and includes a range of units, a peninsula breakfast bar, and integrated cooking appliances. Theres also access to the rear garden via a side door.
Bedrooms three and four are located on the ground floor, both comfortable doubles one overlooking the rear garden, the other to the front with the flexibility to use one as a home office or snug. A fully tiled ground floor shower room serves these rooms.
Upstairs, there are two further double bedrooms, both with built-in wardrobes and eaves storage. Bedroom one enjoys a front aspect with fitted furniture and a recessed dressing area, while bedroom two enjoys a dual aspect and garden views. The first floor also features a family bathroom with electric shower over the bath.
Outside, the west-facing rear garden offers a combination of lawn and patio areas, mature planting, and plenty of space to extend (subject to planning). The double garage has power, lighting, storage space in the roof, and houses the wall-mounted boiler.
A rare opportunity to secure a substantial home in one of Ashley Heaths most desirable residential areas, bordering Ringwood Forest and within easy reach of local amenities and commuter routes.
Offered for sale with no onward chain subject to probate.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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