3 bedroom link detached house for sale

£450,000 Offers over

3

Bedrooms

2

Bathrooms

Floorplan

Modern family living at its best - If youre looking for a luxury 3 bedroom detached home that has 2 bathrooms, this chain free family house should be at the top of your viewing list. The home has been built with assisted living in mind, meaning there are several features about this particular home that are larger than many others in the development.
The hallway is incredibly wide and open and gives you a feeling of space which is then continued throughout the entire house. A ground floor WC is essential in family homes and this one is much larger than found in most houses
If youre entertaining friends and family or even if youre just relaxing and watching TV, the lounge/dining room is the perfect room. Two large sofas can fit easily at the front of the room and a dining table and chairs will be positioned at the far end. There is also an incredibly large storage cupboard in this room and this has been used as a small office space by the current owners.
The contemporary kitchen is on the right side of the home and offers eye level and base level storage cupboards along with a fitted hob with under oven/grill. Theres space for all the regular appliances and theres also plenty of room for a breakfast bar if you prefer a less formal place to eat than the dining area.
Upstairs, all the bedrooms are really good sizes for a family with the largest room having built in wardrobes as well as an en-suite shower room. A king size bed and wardrobes will fit easily in bedroom 2 and the third bedroom is ideal for a child. The bathroom is again larger than found in many other homes and it has a three piece white suite with a shower attachment above the bath.
Outside the garden is very well maintained and there is a timber storage shed to store garden tools and outdoor furniture. The house also has a driveway which offers off street parking for two cars.
Ground Rent: 100 per year
Lounge/Dining Room: 179 x 112Kitchen: 106 x 103Ground Floor WCBedroom 1: 12 x 1011En-Suite Shower Room/WCBedroom 2: 1011 x 91Bedroom 3: 103 x 65Bathroom/WCRear GardenOff Street Parking



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

£ 373950

Mortgage Loan to Value

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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
    £ 11250
  • 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

£ 36450
  • 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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