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£475,000 Offers over
Bedrooms
Bathrooms
Entering the property you are greeted by the main hallway with stairs to the first floor, access into the downstairs WC and the Second Reception Room to the front of the property which has an array of functionalities such as a home office, playroom or additional seating room.
To the rear is the heart of the home; the Kitchen/Dining Area which is fitted with grey wall and base units and an extensive central island with ceiling lights above and space for dining chairs. There is an array of integrated appliances such as, a double oven, induction hob, dishwasher, fridge/freezer, wine cooler and washing machine. An opening leads to the Orangery that has Bi-fold doors leading to the rear garden making this an excellent entertainment space and more than equipped for day to day family life.
To the first floor are the four bedrooms all of a fantastic size with the main bedroom benefitting from an En-suite shower room. The family bathroom is also to the first floor comprising; a bath with shower over, low level WC, hand wash basin in vanity unit and tiled walls.
Externally to the front is a large driveway fit for multiple vehicles with a lawned area to the side. To the rear is the well-sized enclosed garden with patio area and decking, ideal for outdoor dining with artificial lawn laid also.
Additional Information
Tenure: Leasehold
Lease Length:999 years from 1.1.2001
Ground Rent: 80 per year
Council Tax: E
EPC Rating: C
IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars an accurate and reliable reflection of the property. They do not however constitute or form part of an offer or any contract and are not to be relied upon as statements of representation or fact. 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. You should confirm the boundaries and land ownership of the property with your legal representative. All measurements have been taken as a guide to prospective buyers and are not precise. Please be advised that some of the details in the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings unless specifically stated are to be agreed during negotiations with the seller.
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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