3 bedroom detached for sale

£400,000 Offers over

3

Bedrooms

2

Bathrooms

2

Reception

An immaculately presented, detached family home in the recently built development of Malvinha Court, on the outskirts of Malvern. The accommodation briefly comprises; entrance hall, downstairs WC, lounge and open plan kitchen / family room to the ground floor. To the first floor, the superb principal suite incorporates a dressing room and large en-suite bathroom, there are then two further double bedrooms, family bathroom and a very useful study area. The property benefits from landscaped gardens, garage, and parking, and has no onward chain.

RECEPTION HALL
Entered via a composite, part glazed front door. With radiator, luxury vinyl tile flooring, under stairs cupboard, stairs rising to first floor and oak doors to all rooms.

DOWNSTAIRS WC
Fitted with a modern white suite comprising of vanity wash hand basin and close coupled WC.
Opaque double glazed window to front aspect, radiator and luxury vinyl tile flooring.

LOUNGE
5.20m x 3.0m (171' x 910')
Double glazed window to front aspect, luxury vinyl tile flooring and radiator.

KITCHEN / DINING ROOM
8.20m x 3.64m (2611' x 1111')
Beautifully fitted with a range of matching, cream, wall and base units with work surface over and incorporating a useful breakfast bar. Stainless steel one and half bowl sink and drainer with mixer tap. Built in double oven, and 5 burner gas hob with canopy extractor above. Integrated fridge/ freezer, dishwasher and washing machine.
Double glazed windows and French patio doors to the rear aspect., luxury vinyl tile flooring, radiator, and internal door to integral garage.

FIRST FLOOR LANDING & STUDY AREA
Loft access, carpeted floor, airing cupboard, oak doors to all bedrooms and bathroom.
This generously proportioned area is perfect to use as a home study.

PRINCIPAL BEDROOM
3.91m x 3.63m (1210' x 12)
Double glazed window to rear aspect. Carpeted floor, radiator, air conditioning, opening through to;

DRESSING ROOM
2.82m x 2.71 (93' x 811')
With mirrored wardrobes to both sides, side aspect opaque double glazed window, carpeted floor, radiator. Door to:

EN-SUITE BATHROOM
2.82m x 2.43m (93' x 8')
Supremely spacious en-suite with walk in shower and separate bath, close coupled WC and pedestal wash basin with mixer tap, Opaque double glazed window to the front aspect, part tiled walls, radiator, luxury vinyl tiled flooring.

BEDROOM TWO
4.18m (max) x 3.32m (139' (max) x 1011')
Double glazed window to rear aspect. Carpeted floor, fitted wardrobes and radiator.

BEDROOM THREE
3.36m x 3.23m (11 x 107')
Double glazed window to front aspect. Carpeted floor and radiator.

BATHROOM
3.36m x 2 (11 x 68')
Fitted with a modern white suite comprising of walk in shower cubicle, panel bath with mixer tap and shower attachment, wash hand basin with mixer tap, and close coupled WC
Double glazed, obscured window to side aspect, part tiled walls, radiator and luxury vinyl tile flooring.

FRONTAGE - Graveled fore garden with hedge border and paved path leading to gated side access. Block paved driveway with parking for two vehicles (a third space could be made if required).
Electric charging point. Canopy porch.

REAR GARDEN - A beautifully landscaped garden featuring paved and graveled areas and provides a superb entertaining space. Raised borders have been thoughtfully planted with specimen trees which will provide increasing privacy as they mature.

GARAGE -Integral garage with up and over door to front, inner door to family room, power and light.

COUNCIL TAX BAND - E
Purchasers are advised to confirm this with the local council or via www.voa.gov.uk. before proceeding with any offer as Jessava Estates cannot be responsible for any inaccurate information.

FREEHOLD - We understand that the property is Freehold, however, these details must be confirmed via your solicitor.

SERVICES
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.

Whilst Jessava Estates endeavor to ensure that these sales particulars are correct, they do not form part of an offer or any contract and none is to be relied upon as statements of representation or fact. All measurements are approximate and have been taken as a guide to prospective buyers only. If you require clarification on any aspect, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed upon with the seller.

In accordance with The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, by law we must carry out due diligence on all of our clients to confirm their identity. If you have an offer accepted on a property, we will use an electronic verification system alongside obtaining your identity documents. This allows us to verify you from basic details using electronic data; it is not a credit check so, therefore, will have no effect on you or your credit history. A copy of the search will be retained for our records.




Council Tax Band: E (MHDC)
Tenure: Freehold

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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

£ 332700

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
    £ 10000
  • 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

£ 32700
  • 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.

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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.

£

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

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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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