3 bedroom detached for sale

£335,000

3

Bedrooms

2

Bathrooms

Floorplan

Greenwoods are delighted to offer Kinsale Road to market. This spacious three bedroom home not only offers plenty inside but really stands out from the crowd when it comes to external space with driveway to the front and impressive rear garden.

As you enter this lovely home, to your left is the expansive lounge-diner (over 7m in length) this is an ideal space for hosting friends and family. To the rear of this room are the French doors providing access to the patio section of the garden via the lean-to/potting shed.

At the end of the entrance hall is the kitchen benefitting a large window flooding the space with natural light and views out onto the greenery beyond. The kitchen itself profits plenty of storage cupboards and workspace perfect for meal prep.
To the right of the kitchen is an incredibly versatile space that has been used as a studio space by the current owner but could be a play room, home office, workshop or potential to be used as a guest room. This space has plumbing with a fitted sink and a separate WC to the rear with further access provided to garden and driveway at either end.
Upstairs are the three bedrooms, two of which are large double bedrooms, the largest of which having built in storage cupboards too. This floor is finished with a family bathroom, containing white three piece bathroom suite.

As previously mentioned this property really stands out from the crowd with its external spaces.
The garden is split into sections, the first of which being a patio area a tranquil spot to enjoy the warm summer evenings, perhaps even a BBQ in the sun! Leading down the garden is the lawned section, again a spot that would be suitable for a variety of needs, sunbathing, kids play zone, yoga spot or simply a green space to enjoy.
There is a paved path to the left that flows down to the other sections of garden, including a pond area, vegetable patch, green house and an observing bench to watch the world go by in your own private piece of woodland.

Lounge/Diner - 7.42 x 3.84 (244' x 127') -

Studio Space/Utility - 3.88 x 2.73 (128' x 811') -

Kitchen - 3.38 x 2.93 (111' x 97') -

Bedroom One - 4.03 x 3.42 (132' x 112') -

Bedroom Two - 3.66 x 3.41 (120' x 112') -

Bedroom Three - 2.55 x 2.43 (84' x 711') -

Bathroom - 2.47 x 2.29 (81' x 76') -

Lean-To - 2.10 x 1.7 (610' x 56') -

Wc -

Tenure - Freehold -

Epc - D -

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

£ 279075

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
    £ 8375
  • 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

£ 27825
  • 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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