4 bedroom detached for sale

£950,000

4

Bedrooms

2

Bathrooms

Floorplan

This deceptively spacious detached house has over 1,900 square feet of accommodation. There are 3 receptions and a very well fitted kitchen/diner, 4 double bedrooms as well as a large en-suite. There is also a separate utility room, cloakroom, double glazing and gas central heating.

Door to large Entrance Lobby 9 x 45 ceramic tiled floor, part glazed door to the hallway

Hallway 20 x 46 Parquet flooring, covered radiator, glazed double doors to the lounge, cloak hanging cupboard, understairs cupboard with trip switches and a light.

Ground Floor W/C Double glazed frosted window to the side aspect, low flush w/c, wash hand basin, ceramic tiled walls and floor.

Reception One 239 x 14 Double glazed windows and double glazed double doors into the garden, parquet flooring, radiators, wall light points, feature fire place.

Reception Two 174 x 132 (97) Dual aspect double glazed windows to the front and side aspect, radiator.

Reception Three 167 x 82 Double glazed windows to the front aspect, radiator, skylight.

Modern Fitted Kitchen/Diner 138 x 112 Double glazed windows and a door to the side aspect. The kitchen is fitted with an extensive range of modern wall and base units including large pan drawers, 2 wine racks, one and a half bowl single drainer sink, inset to work surfaces, waste disposal, built in Neff double oven with microwave, 5 ring gas hob with extractor fan over, integrated Neff fridge and freezer, space for dish washer, upright modern radiator, deep pantry cupboard with shelving.

First Floor Landing Large double glazed frosted window to the side aspect, attractive wooden balustrade, large airing cupboard with hot water tank with immersion heater, slatted shelving and a water softener serving all of the house, access to the loft.

Bedroom One 14 x 119 (plus depth of wardrobe) Double glazed windows to the rear aspect, parquet flooring, built in wardrobes, radiator.

Large En-Suite 118 x 510 Double glazed frosted window, panelled bath with shower, low flush w/c, bidet, radiator, tiled walls and floor, fitted mirror.

Bedroom Two 12 x 98 Double glazed window to the side aspect, radiator.

Bedroom Three 122 x 99 Double glazed windows to the front aspect, radiator.

Bedroom Four 129 x 78 Double glazed windows to the front aspect, radiator, built in double wardrobes with cupboards over.

Bathroom W/c Double glazed frosted windows, bath/shower, wash hand basin, low flush w/c, tiled walls, heated towel rail, extractor fan.

Exterior

To The Front Off street parking for at least 4 cars.

Rear Garden Facing west with two patio areas, outside light, outside tap, flower and shrub borders, timber shed, pedestrian side access.

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

£ 775200

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
    £ 23750
  • 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

£ 62700
  • 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

Adjust these figures

  %
  %
£
  %

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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