9 bedroom detached for sale

£1,499,990

9

Bedrooms

''Galaxy Real Estate'' is proud to present this exceptional 9 bed, 8 bath (4 of them are en-suite) property that seamlessly blends comfortable family living with lucrative rental income opportunities. The substantial garden has a development opportunity (STPP). The property is ideal for growing families, investors and developers.

The main house welcomes you with a spacious reception area that leads to a separate living room, perfect for relaxation and entertainment. Adjacent to the living room is a modern, fully-equipped kitchen and a contemporary bathroom, ensuring convenience and style for the primary residents.

On one side of the main house, there are two separate flats. The first flat features one bedroom, a bathroom, and a kitchen, offering a cozy and private living space for tenants. The second flat is larger, comprising two bedrooms, a bathroom, and a kitchen, ideal for small families or roommates. Both flats provide excellent rental income potential, making this property a smart investment.

At the back of the ground floor, you will find a versatile store area complete with its own kitchen and WC. This space can be used for storageor a home office. The property also boasts a huge garden, perfect for outdoor activities, gardening, or simply enjoying the open air. A large driveway offers ample parking space for multiple vehicles, enhancing convenience for residents and guests.

Moving to the first floor, the main house features four bedrooms, each with its own en-suitebathroom, providing privacy and luxury for family members or guests. Additionally, there is one more bedroom and a separate room that can function as either a bedroom or a study, offering flexible living arrangements to suit various needs.

This property, offered by ''Galaxy Real Estate'', is a perfect blend of comfort, convenience, and income potential, making it an ideal choice for homeowners and investors alike. Contact us today to schedule a viewing and explore the possibilities this unique property has to offer.

Disclaimer

The information provided regarding this property has been supplied by the seller. While GalaxyReal Estate strives to ensure that all details are accurate and up to date, we cannot guarantee the completeness or correctness of the information provided. Prospective buyers are strongly advised to conduct their own due diligence and seek independent professional advice to verify all details and assess the property-s suitability for their needs.Galaxy Real Estate accepts no liability for any inaccuracies or omissions in the information provided.

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

£ 1256441.25

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
    £ 37499.75
  • 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

£ 131448.75
  • 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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