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£795,000
Bedrooms
Bathrooms
EXCEPTIONAL FAMILY HOME WITH DETACHED TWO BEDROOM ANNEXE
Offered to the market is this distinctive detached family home that in our opinion offers many versatile and adaptable accommodation configurations.
By the improvements made by the current owners, we feel that the property offers the answer to the complexity of bringing two generations of families to live together, or, arguably the perfect working from home arrangement.
Within the grounds the accommodation that is offered has been constructed to present extensive accommodation for dual generations to live separately and independently within in their own housing all within the same grounds.
Due to how rare this type of property is, as agents we honestly feel that no amount of words, pictures, floorplans or videos will do it justice. We firmly believe the only way that this property can be truly acknowledged, appreciated and experienced is by arranging a time to view it internally.
The main property is presented to the highest of standards with features including a re fitted kitchen, re fitted family bathroom ( with bath that plays music ! ) and en suite. The property is entered via an open and welcoming hallway which offers an insight to the generosity of the accommodation within the property. At the rear of the property overlooking the garden is the lounge with feature fireplace with inset log burner. The accommodation flows from the lounge through a feature archway to the dining area, which also has views over the rear garden.
From the dining area the kitchen with its range of re fitted units is accessed. The units provide exceptional storage for a families needs or a keen cook/baker. A simple room that we as agents feel adds an extraordinary feature to the property, is the utility room with direct access to the side of the property ( ideal for dirty wet dogs ). The utility room offers space for coats, boots bags etc and space for kitchen appliances including washing machine.
The remaining accommodation consists of three double bedrooms with the master benefiting from a ensuite and range of built in wardrobes.
Set to the rear of the plot is the detached annexe. The annexe has been designed by the current owners with multiple uses in mind. As with the main property the annexe is presented to the highest of specifications. The accommodation consists of a master bedroom with en suite bathroom, further double bedroom, separate WC, enclosed utility area and the 18ft lounge. If the annexe was not to be used as accommodation, we feel it could be an exceptional working from home set up with two separate offices / beauty treatment rooms and expansive reception lounge / meeting room.
Outside there is parking for multiple vehicles and is set in a way that the main house can park allowing direct drive access to the annexe.
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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