4 bedroom detached for sale

£675,000

4

Bedrooms

3

Bathrooms

Floorplan

NO ONWARD CHAIN!!
Substantial four bedroom detached property. Beautiful modern family home that has been recently renovated and finished to a high standard, in a very desirable area of Drayton.
This home has been designed with a growing family in mind at every turn.
Upon entering the home into the spacious wood panelled elegant hallway there is an entertainment room on the left with inset LED lighting and built in TV and media unit with flame effect fire and inset wall units. This would also make a convenient fourth bedroom. Next is the family bathroom, complete with double width shower, free-standing elevated bath and floating sink with ambient lighting.
There is a stunning open plan kitchen, dining and living area with a central island and substantial laundry/utility room. This makes for a fantastic entertaining space and links nicely onto the garden via the double doors and the separate utility room which also has doors to the garden. The kitchen is tastefully designed and fitted with curved units complemented with solid wood work tops and many additional features and designs.
Upstairs, off the central landing there are doors to all three bedrooms, all with built in wardrobes. There is a separate shower room on this level off the landing and the master suite also has an en-suite shower room with walk in wardrobe and aspects to the front and back of the home.
Externally the gardens are beautifully landscaped with a large granite stone patio off the rear of the house, housing two separate seating areas and an Oak framed out building housing a bar and hot tub.
A well-appointed pond adds a nice touch and there are additional seating areas throughout the grounds which are there on mainly laid to lawn with some beautiful plants and shrubs planted all with low maintenance in mind.
The home has been carefully thought out and the garden has a tarmac driveway that is accessible via the front carriage drive, that in turn provides independent access to the rear double garage which could be easily adapted into an annexe. The garage has mains electric, water and a toilet. Currently this is being used to run a business from home and comprises an office entrance hall, etc and the remaining space utilised as a garage for storage.


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Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. We cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.

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

£ 559575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 16875
  • 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

£ 53325
  • 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

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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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