5 bedroom detached for sale

£700,000 Offers in excess of

5

Bedrooms

4

Bathrooms

Floorplan

'''SOLD SUBJECT TO CONTRACT''' ...DO YOU HAVE A SIMILAR PROPERTY TO SELL?......

Homes on Web are absolutely delighted to announce to the market this striking five bedroom detached property, situated in the highly desired modern development of Redhouse Park, Milton Keynes. With beautiful walks nearby and a short drive to local shops and amenities, as well as offering three en suites, three reception rooms and a great sized rear garden, it really is the perfect family home.

Why buy this home...?
As you drive through the quiet cul-de-sac and approach the property you are greeted with a driveway and double garage, also with a small garden area with shrubs and flowers, adding to its kerb appeal. Covering over 2100 square feet and presented with stylish decor throughout with large windows that create a bright and airy atmosphere, this property is ideal for those looking to move straight in with little to no decoration at all!

Entering the property you are greeted with a spacious and bright entrance hall lined with wood effect laminate flooring and stairs rising to the first floor. On the right side of the house you will find the family room to the front, which is currently used as a playroom. To the rear is the 20 ft plus lounge, with stunning bi fold doors leading to the rear garden, a comfortable space for relaxation and entertainment.

On the left side of the property is a downstairs cloakroom and a study to the front, an ideal space for someone looking to work from home! The 23 ft plus kitchen/diner is to the rear, fitted with sleek work surfaces, ample storage space, a breakfast bar and some built in appliances with a large window and double glazed doors to the rear garden, allowing the room to be flooded with natural light. There is also space for a good sized dining table, making it a perfect space to enjoy meals with family and friends. From the kitchen/diner is access to the utility room, fitted with a sink and drainer and further storage with space for further appliances.

As you climb the carpeted staircase you approach the galleried landing, with an airing cupboard and access to the loft area. The master bedroom is located at the front of the house, with neutral decor and spot lights, with a door leading to a three piece ensuite with a panelled bath, heated towel rail and modern tiling. There are a further two double bedrooms, both with ensuites with shower cubicles, heated towel rails and modern tiling. There are a further two bedrooms to the rear, both good sized and tastefully decorated. The family bathroom is modern and stylish, fitted with a three piece suite.

Step outside to the generous rear garden which has a well maintained lawn, sleepers and a patio area suitable for outdoor seating and dining, a lovely space to host parties and barbecues in the summertime!

To the front is also a OHME intelligent electric car charger.

More about the location...
Just a 5 minute drive from the property is the popular Newport Pagnell high street, home to a Co-op, post office, pubs, restaurants, coffee shop, cake shop, dentists, pharmacy, medical centre, butchers, bakery, greengrocer and a variety of other shops.

Also situated just 2.5 miles from the historic railway town of Wolverton, home to popular shops, restaurants and amenities including the mainline train station serving London Euston.

There are plenty of green areas and play parks nearby, also close to beautiful picturesque walks, this area really is perfect for families and dog walkers!

It is abundantly clear that this property has been a much loved family home and internal viewing is highly recommended to fully appreciate the accommodation on offer!

PLEASE NOTE:
There is a management charge of approx 125 per annual year.

ENTRANCE HALL - 1410' (4.52m) Max x 117' (3.53m) Max
Double glazed front door. Double glazed windows to front. Stairs rising to first floor accommodation. Laminate flooring. Radiator. Spot lights. Doors leading to downstairs cloakroom, family room, study, lounge and kitchen/diner.

DOWNSTAIRS CLOAKROOM
Fitted in a two piece suite comprising; Low level WC and wash hand basin. Tiled to splashback areas. Tiled flooring. Double glazed frosted window to front.

FAMILY ROOM - 136' (4.11m) Max x 116' (3.51m) Max
Double glazed windows to front and side. Laminate flooring. Spot lights. Radiator.

STUDY - 116' (3.51m) Max x 98' (2.95m) Max
Double glazed window to front. Laminate flooring. Spot lights. Radiator.

LOUNGE - 205' (6.22m) Max x 114' (3.45m) Max
Double glazed bi fold doors leading to the rear garden. TV and telephone points. Laminate flooring. Spot lights. Radiator.

KITCHEN DINER - 237' (7.19m) Max x 126' (3.81m) Max
Fitted in a range of wall and base units with complementary work surfaces. One and a half bowl stainless steel sink with mixer tap. Gas hob with cookerhood over and eye level electric oven. Built in microwave and dishwasher. Space for fridge freezer. Breakfast bar. Tiled flooring. Spot lights. Space for good sized dining table. Radiator. Double glazed window to rear and double doors leading to rear garden. Door leading to utility room.

UTILITY ROOM - 115' (3.48m) Max x 59' (1.75m) Max
Fitted in a range of base units with complementary work surfaces. Single bowl stainless steel sink and drainer with mixer tap. Plumbing for washing machine and space for dryer. Tiled flooring. Spot lights. Wall mounted boiler. Double glazed door leading to side.

FIRST FLOOR LANDING
Airing cupboard. Access to loft area. Spot lights. Doors leading to all first floor accommodation.

MASTER BEDROOM - 143' (4.34m) Max x 116' (3.51m) Max
Double glazed window to front. Spot lights. Radiator. Door leading to ensuite.

ENSUITE
Fitted in a three piece suite comprising; Low level WC, wash hand basin and panelled bath with shower over. Tiled to splashback areas. Heated towel rail. Extractor fan. Tiled flooring.

BEDROOM TWO - 157' (4.75m) Max x 121' (3.68m) Max
Double glazed window to rear. Spot lights. Radiator. Door leading to ensuite.

ENSUITE
Fitted in a three piece suite comprising; Low level WC, wash hand basin and shower cubicle. Tiled to splashback areas. Heated towel rail. Tiled flooring. Spot lights. Double glazed frosted window to side.

BEDROOM THREE - 1111' (3.63m) Max x 118' (3.56m) Max
Double glazed window to front. Built in wardrobes. Spot lights. Radiator. Door leading to ensuite.

ENSUITE
Fitted in a three piece suite comprising; Low level WC, wash hand basin and shower cubicle. Tiled to splashback areas. Heated towel rail. Tiled flooring. Spot lights. Double glazed frosted window to front.

BEDROOM FOUR - 116' (3.51m) Max x 102' (3.1m) Max
Double glazed window to rear. Radiator.

BEDROOM FIVE - 113' (3.43m) Max x 70' (2.13m) Max
Double glazed window to rear. Radiator.

FAMILY BATHROOM
Fitted in a three piece suite comprising; Low level WC, wash hand basin and panelled bath with shower over. Tiled to splashback areas. Heated towel rail. Tiled flooring. Spot lights. Double glazed frosted window to side.

REAR GARDEN
Mainly laid to lawn. Patio area. Enclosed by wooden fencing. Shed. Door leading to garage. Gated access to front.

DETACHED DOUBLE GARAGE
Up and over doors. Power and light. Door leading to rear garden.

PARKING
Block paved driveway providing off road parking for 2 cars. OHME intelligent electric car charger.



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

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

£ 580200

Mortgage Loan to Value

%

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
    £ 17500
  • 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

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£

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

£ 55200
  • Mortgage Interest
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    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)
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  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
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  • Service Charge
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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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Total Profit

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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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