5 bedroom detached for sale

£1,699,950

5

Bedrooms

3

Bathrooms

3

Reception

Floorplan

This striking individually designed five double bedroomed family home sleek and stylish living space expertly designed and perfected for the contemporary lifestyles we live in today.

A prime location in the heart of Formby positioned on the ever popular Victoria Road, to the front is a remote controlled gated large driveway offering ample off road parking, leading to the garage, to the rear there is a generous sized lawned garden which enjoys sunny south-westerly aspects and is private and secluded with established trees screening the gardens, boasting your very own plunge pool.

The interior accommodation comprises of: a full-height entrance door, opening into a bright, welcoming reception hallway with a feature staircase and under floor heating throughout, that leads though to the primary living area offering a free-flowing design comprising of a well designed, quality modern dining/kitchen space with island and high spec fixtures, fittings and integral appliances, the living area offers a media wall and feature fire both rooms have bi-folding doors opening into the gardens that encourages an excellent quality of natural light, off the reception hallway you`ll find a guest cloakroom for your benefit

The expansive ground floor plan also incorporates a stunning games room, the garage which is currently used as a gym, leading from the Kitchen is a seperate Utility and laundry Room and the property also benefits from an infrared Sauna and a full security system.

To the first floor is a balcony landing with access from here to the three spacious bedrooms all easily large enough to fit in double beds, The Impressive Master bedroom boasts a balcony which is a sun trap during the summer months, a walk-in dressing room and access to the brand new, modern family bathroom with feature lighting, freestanding bath, walk-in shower and his and hers sink units.

To the second floor are two further large double bedrooms with Velux Sky-lights and a stunning bathroom.

Excellent location within close distance to local amenities, high Ofsted rated schools and easy access to major road links only a short drive away.

This home is truly something special and needs to be viewed internally to be fully appreciated.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
Sefton Council, Band H

Utilities
Electric: Mains Supply
Gas: Mains Supply
Water: Mains Supply
Sewerage: Mains Supply
Broadband: FTTP
Telephone: None

Other Items
Heating: Not Specified
Garden/Outside Space: No
Parking: No
Garage: No



Features
  • Freehold

Map location is not available for this property.

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

£ 1435405.25

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
    £ 42498.75
  • 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

£ 160442.75
  • 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

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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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