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£700,000
Bedrooms
Bathrooms
A distinctive detached property upon a great plot with an in/out driveway, double garage and a 126ft south facing garden. From a generous entrance hall there are 4 bedrooms complemented by 2 bathrooms, 2 receptions and a fitted kitchen.
LARGE ENTRANCE HALL
A generous space c20ft in length. A large feature spiral staircase. Radiators. Doors to rooms. Coving to ceiling.
BEDROOM 1
Double glazed window to front. Radiator. Extensive range of fitted wardrobes. Coving to ceiling.
BEDROOM 2
Two double glazed window around the rear corner of the room overlooking the garden. Radiator. Coving to ceiling with decorative rose.
BATHROOM
Two double glazed windows to side. Five piece suite comprising panelled corner bath, twin vanity units with semi inset wash basins, close coupled WC and corner shower enclosure. Part tiled walls.
LOUNGE
A tall and wide double glazed bow window to front. A further 2 semi circular picture windows to side. Feature fireplace. Radiator. Wall & ceiling lights. Coving to ceiling.
DINING ROOM
Double doors and adjacent window open to the Conservatory. Feature brick walls. Radiator. Arch to Kitchen.
CONSERVATORY
A lovely seating spot to look over the garden.
KITCHEN
Double glazed door and window to rear. Further double glazed window to side. Range of fitted units at both base and eye level with decorative cornice & pelmet plus bridging unit over window with shelving. Complementary roll edge worktop with inset stainless steel sink unit & mixer tap. Integrated oven, hob, hood, microwave, dishwasher & fridge freezer. Part tiled walls.
LANDING
Double glazed velux window to front. Metal balustrade. Doors to rooms.
BEDROOM 3
Double glazed velux window to side. Part sloping ceiling. Radiator. Fitted wardrobes.
BEDROOM 4
Double glazed velux window to rear. Radiator. Built-in cupboard. Part sloping ceiling.
SHOWER ROOM
Double glazed velux window to side. White suite comprising close coupled WC, wall fixed wash basin & walk-in shower enclosure with electric shower. Ceramic tiled walls. Radiator.
EXTERIOR
FRONT Situated behind a wide grass verge and with an in/out driveway plus a driveway leading past the side of the property to the double garage.
REAR The rear garden is approx. 126ft and south facing commencing with a patio across the rear plus the driveway in front of the double garage. To the other side is an outside WC also housing the boiler. The rest of the garden is mostly laid to lawn with flower & shrub borders & a pergola behind the garage, a greenhouse and a garden room.
GARAGE The double garage has twin remote controlled doors and a personal door & window overlooking the garden. There is also a useful loft area too.
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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