Are you an Estate Agent? Register here
£900,000 Offers in excess of
Bedrooms
Bathrooms
A substantial five bedroom detached family home, presented to a beautiful standard and located in a highly sought-after and peaceful road just a short distance from the seafront. The property has a stylish modern design, with elevations of contemporary composite weatherboarding and attractive brickwork. The accommodation is immaculately kept and is light and airy throughout; there is a large living room - with log burner and patio doors spanning the entire width of the room - a recently refitted kitchen with an abundance of fitted units, integrated appliances and contrasting white resin work surfaces culminating in a large breakfast bar. Accessed from the kitchen is a large second reception room, also with doors onto the garden, and a useful utility room with space for laundry appliances and a butler sink. A ground floor double bedroom, with adjacent wardrobe/storage space and shower room, lends itself to being used as a guest suite or annex. A striking oak staircase with glass balustrade is a wonderful feature and leads to the first floor landing which gives access to a family shower room and four further double bedrooms, with views overlooking the garden and towards the sea. The master bedroom is of considerable size and has a wonderful dressing area and ensuite shower room. Outside, you will find beautifully-kept, established gardens, mainly laid to lawn and with a wide variety of mature shrubs and plants. To the rear of the garden is a generous wooden garden shed and greenhouse. To the front is a large in-and-out block-paved driveway with parking for several cars.
council tax band E.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy