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£675,000
Bedrooms
Bathrooms
Stunning Modern Home with Land, Garden Studio & Premium Features 136 The Drove, Barroway Drove, PE38 0AL Discover countryside living at its finest in this beautifully presented modern detached home, offering space, style, and versatility both inside and out. Set on an impressive plot with a 1.9-acre (STS) fenced paddock and generous garden, this five-bedroom residence has been finished to an exceptional standard, making it ideal for families, equestrians, or those seeking a luxurious rural lifestyle. Step inside to a bright and welcoming interior featuring oak internal doors, a high-quality finish throughout, and an open plan kitchen/diner complete withNeff appliances, Quartz worktops and bi-fold doors leading out to the landscaped gardenperfect for indoor-outdoor living. The living room, with its cosy wood burner, provides the perfect spot to relax, while the modern air source central heating ensures comfort year-round. The property boasts five generous bedrooms, including a master with en-suite, and a sleek family bathroom. Outside, youll find a versatile garden studio cabin, ideal as a home office, gym or creative space, as well as lovely gardens, a patio, and a barbecue area for entertaining. Equestrian or hobby-use buyers will appreciate the field shelter, three timber storage sheds, all complementing the secure paddock. A double garage with electric door and ample driveway parking complete this exceptional offering.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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