4 bedroom semi-detached for sale

£365,000

4

Bedrooms

Floorplan

Being offered to the market with no onward chain this deceptively spacious three/four bedroom semi-detached property requires early viewing. Constructed in 2021 the property briefly comprises of an entrance hall, cloakroom, fourth bedroom/study and an open plan living/dining/kitchen with French Doors to the rear garden to the ground floor, a spacious living room and double bedroom with en-suite to the first floor and bedrooms two and three and a family bathroom to the second floor. Externally, the property has an enclosed south-east facing rear garden and a driveway for two cars to the front.

HALLWAY Accessed via an external door with wood effect vinyl flooring, storage cupboard, stairs rising to the first floor, wall mounted radiator and two ceiling lights.

CLOAKROOM With a low flush w.c., corner pedestal wash hand basin with chrome mixer tap, wood effect vinyl flooring, wall mounted radiator and ceiling light.

BEDROOM FOUR/STUDY 8 11" x 6 (2.72m x 1.83m) With wood effect vinyl flooring, uPVC double glazed window to the front elevation, wall mounted radiator and ceiling light.

OPEN PLAN LIVING/DINING/KITCHEN 20 x 12 11" (6.1m x 3.94m) With a fitted kitchen comprising of a range of high and low level fitted units with a rolled edge worktop over incorporating a one and quarter bowl stainless steel sink and drainer, upstand, integrated electric oven, inset gas hob with extractor hood over, washing machine plumbing and dryer point, wood effect vinyl flooring and ceiling light. The living/dining space has wood effect vinyl flooring, uPVC double glazed French Doors to the rear garden, wall mounted radiator, under stairs storage cupboard and two ceiling lights.


FIRST FLOOR LANDING With a fitted carpet, wall mounted radiator, ceiling light and stairs rising to the second floor.

LIVING ROOM 12 10" x 10 2" (3.91m x 3.1m) With a fitted carpet, uPVC double glazed window to the front elevation, wall mounted radiator and ceiling light.

MASTER BEDROOM 12 10" x 9 10" (3.91m x 3m) With a fitted carpet, uPVC double glazed window to the rear elevation, wall mounted radiator and ceiling light.

EN-SUITE Comprising of a double wide shower enclosure with electric shower, low flush w.c., pedestal wash hand basin, vinyl floor covering, wall mounted radiator and ceiling light.

SECOND FLOOR LANDING With a fitted carpet, wall mounted radiator, loft hatch and ceiling light.

BEDROOM THREE 12 10" x 9 11" (3.91m x 3.02m) With a fitted carpet, wall mounted radiator, Velux window and ceiling light.

BEDROOM FOUR 12 10" x 6 4" (3.91m x 1.93m) With a fitted carpet, uPVC double glazed window to the front elevation, over stairs storage cupboard, wall mounted radiator and ceiling light.

BATHROOM Comprising of a panelled bath with chrome mixer tap, mains fitted mixer bar shower over, low flush w.c., pedestal wash hand basin, vinyl floor covering, wall mounted radiator, opaque uPVC double glazed window to the side elevation and ceiling light.

EXTERNAL The property enjoys an enclosed south-east facing rear garden which is mainly laid to lawn with a fenced boundary and secure gate access. To the front is a driveway providing off road parking for two vehicles.

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

£ 303825

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

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
    £ 9125
  • 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

£ 30075
  • 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

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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