4 bedroom detached for sale

£600,000 Offers over

4

Bedrooms

2

Bathrooms

2

Reception

Floorplan

**Offers Invited Between 600,000 & 650,000** Jan Mitchell Properties are delighted to offer for sale this significantly extended detached family home, that has been tastefully renovated by the current vendors to create a simply stunning residence, located in a quiet cul-de-sac within the ever desirable Knight Meadow estate on the South Eastern side of the popular Kenilworth.

Internally the property has contemporary on trend d?cor throughout and is a real credit to the current vendors, briefly comprising:- Grand entrance hall with store cupboard beneath the stairs, dual aspect lounge with bay window and media wall housing the feature fireplace, downstairs w/c, open plan kitchen diner with range cooker and Belfast style sink all focusing round a central island and opening through seamlessly to the bright and airy family room with vaulted ceiling, large sky light and bi-fold doors opening out onto the covered terrace making the whole space perfect for entertaining all year round. completing the ground floor is a semi converted store/occasional study space.

To the first floor off the landing there are four generous bedrooms and a beautiful recently refitted four piece bathroom with feature freestanding bath and walk in shower.

Externally however is where this property really comes into its own with sunny Westerly facing landscaped rear garden consisting of various paved, lawned and bedded sections making the most of the sun all day long and then to the front is a lawn and drive leading to the attached garage store.

Overall a stunning family home that really has to be viewed to appreciate the size and standard of accommodation first hand.

Location
Denewood Way is located in the popular Knight Meadow estate on the southeastern side of Kenilworth, providing easy access to the A46 bypass. This makes it an ideal location for commuters, particularly those traveling to Jaguar Land Rover at Whitley or Gaydon, and Warwick University.

The area is well-served by local amenities, including Kenilworth Golf, Rugby, Cricket, and Football clubs, as well as a variety of shops. A notable feature of Denewood Way is its proximity to Knowle Hill Nature Reserve, which offers open spaces and a small wooded area, perfect for family outings and dog walks.

Kenilworth town centre is just a 20-minute brisk walk away and features excellent schooling options, including Thornes First School, Park Hill Primary School, and Kenilworth Secondary School. The town boasts many parks and open spaces, such as Abbey Fields, Castle Farm, and Kenilworth Common, which are ideal for recreational activities. The Old High Street and Warwick Road offer a wide selection of traditional pubs, bars, and shopping facilities. Additionally, Kenilworth is well-connected by bus routes to nearby Leamington Spa and Coventry.

Measurements
Lounge - 5.91m x 3.64m
Kitchen/Diner - 5.89m x 3.91m
Family Room - 3.60m x 4.49m
Store/Study Space - 2.54m x 3.48m
Bedroom One - 3.81m x 3.73m
Bedroom Two - 3.71m x 2.92m
Bedroom Three - 2.95m x 2.95
Bedroom Four - 4.01m x 2.12m
Bathroom - 1.84m x 2.61m
W/C - 2.21m x 1.03m

IMPORTANT NOTE TO PURCHASERS
We endeavour to make our property details accurate, however, they do not constitute or form part of an offer or any contract and are not to relied upon as statements of representation or fact. Any services, systems and appliances listed in the details have not been tested by us and no guarantee is given to their operating ability or efficiency. All the measurements and floor plans have been taken as a guide to prospective purchasers and are not to be relied upon. Please be advised that some of the information may be awaiting vendor approval. If you require clarification of further information on any points please contact us direct.

MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.

Tenure - We are not able to verify the tenure of the property as it is not always possible to see sight of the relevant documentation prior to marketing. Prospective purchasers must make further enquiries with their legal adviser

Council Tax Band: E (Warwick)
Tenure: Freehold
Parking options: Off Street
Garden details: Private Garden



Features
  • Freehold

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

£ 497700

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

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 15000
  • 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

£ 47700
  • 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)
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  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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Notes

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