3 bedroom detached for sale

£249,995

3

Bedrooms

1

Bathrooms

Floorplan

Welcome to this charming and well-maintained three bedroom home, nestled on the sought-after Moorside Road in the heart of Tottington. This delightful property combines comfort, convenience, and flexibility, offering a range of potential to suit a variety of lifestyles. Whether youre a growing family, a couple, or someone looking for a versatile space, this home is sure to meet your needs.

Upon entering the property, you are welcomed into a warm and inviting hallway that sets the tone for the rest of the house. To the right, youll find a spacious living room, perfect for relaxing or entertaining. The room boasts a large window, allowing natural light to flood the space and create a bright and airy atmosphere. The kitchen is positioned at the front of the property, featuring a range of traditional units, ample counter space, and provisions for all essential appliances. It is a functional space, ideal for preparing meals and offering direct access to the side of the property.

The ground floor also offers a shower room, equipped with a contemporary shower unit, WC, and hand wash basin a practical addition that adds to the overall functionality of the home. A furtherhighlight of this property is the second reception room offering the flexibility to be used as a third bedroom, a home office, or a formal dining room.

Upstairs, youll find the two generously sized main bedrooms. Both rooms offer ample space for large beds, wardrobes, and additional furniture. The larger of the two rooms features built-in storage, ensuring that you have plenty of room for all your belongings. The second bedroom, while slightly smaller, still offers comfortable proportions and would make an ideal guest room or childs bedroom.

Externally, the property benefits from a well-maintained wrap around garden, offering a peaceful outdoor retreat. Its a perfect space for enjoying outdoor dining or gardening. The front of the property provides a large driveway suitable for multiple vehicles accessed via double gates. A detached garage is located at the end of the driveway providing a useful storage space.

Early viewing is recommended to fully appreciate what this property has to offer.

Additional Information

Tenure: Freehold

Council Tax: D

EPC Rating: E

Living Room - 5.4m x 3.1m (178' x 102')

Kitchen - 2.6m x 2.1m (86' x 610')

Bedroom/Second Reception Room - 2.5m x 3.1m (82' x 102')

Shower Room - 1.5m x 1.8m (411' x 510')

Bedroom 1 - 2.8m x 3.9m (92' x 129')

Bedroom 2 - 2.8m x 3.1m (92' x 102')

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.

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

£ 196446.125

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 6249.875
  • 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

£ 8949.875
  • 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

Adjust these figures

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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

Adjust these figures

  %

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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