4 bedroom detached for sale

£450,000

4

Bedrooms

ENTRANCE HALL 13 5" x 6 1" (4.09m x 1.85m) Immediately on entering the property the entrance hall sets the tone of style and quality repeated throughout the house. A most impressive, stylish and practical marbled tiled floor finish. Doors off to the following.

SITTING ROOM 21 2" x 12 3" (6.45m x 3.73m) Notably spacious, principle reception room with generous natural light entering through a double glazed window to the front elevation and double glazed door and windows to the rear, the door opening to the adjacent conservatory. The sitting room also has a feature open fireplace, radiators and TV aerial point. An opening leads off to the dining room.

DINING ROOM 10 0" x 9 0" (3.05m x 2.74m) Standing next to the kitchen this room makes an ideal dining room but could be utilised to suit the needs of the individual buyer, such as home office/study. The room also has a radiator and double doors leading in to the conservatory.

HOME OFFICE / STUDY 11 1" x 6 3" (3.38m x 1.91m) With double glazed window to front. Radiator.

UTILITY ROOM 7 4" x 5 11" (2.24m x 1.8m) Fitted with storage unit, worksurface with space under for white goods, plumbing for washing machine, wall mounted gas boiler, door to outside.

GROUND FLOOR WC With wc and wash hand basin and tiled floor.

CONSERVATORY 21 0" x 8 6" (6.4m x 2.59m) Large double glazed conservatory with PVCu units set over a brick base. The room is the ideal environment in which to sit and relax whilst taking in the attractive aspect over the lovely rear garden. Fitted storage units. Tiled floor finish. Two sets of double doors opening to the patio and garden beyond

Returning to the entrance hall stairs rise off to the first floor.

LANDING With loft access and doors leading to four bedrooms including master with en-suite as well as separate family bathroom.

MASTER SUITE Large master bedroom with ensuite shower room facility.

MASTER BEDROOM 15 10" x 14 0" (4.83m x 4.27m) Generous double bedroom with double glazed window to front. Radiator. Door to ensuite shower room.

ENSUITE SHOWER ROOM 9 6" x 5 6" (2.9m x 1.68m) Stylish and recently re-fitted shower room with oversize shower including drying area. Wash hand basin and wc. Obscured glazed, double glazed window. Radiator. Downlighters inset to ceiling.

BEDROOM 2 12 4" x 11 3" (3.76m x 3.43m) Further well proportioned double bedroom having double glazed window to the front. Radiator.

BEDROOM 3 9 6" x 9 3" (2.9m x 2.82m) Double glazed window to rear taking in the attractive aspect. Radiator.

BEDROOM 4 9 6" x 8 0" (2.9m x 2.44m) With double glazed window to rear and radiator.

FAMILY BATHROOM 6 4" x 6 3" (1.93m x 1.91m) Stlish re-fitted bathroom with three piece suite comprising wc, wash hand basin and close coupled wc. Obscured glazed double glazed window. Extensively tiled walls.

OUTSIDE The property enjoys a generous plot with to the front ample off street parking to a drive and access to both a Single and a Double Garages. To the rear there is a notably large garden, not only does it impress size wise but also in the respect that it backs onto a paddock offering a very pleasant open aspect. The garden is laid predominantly to lawn with surrounding stocked borders as well as being enclosed by hedging and fencing

These particulars are for the guidance of proposed purchaser/s and do not represent the terms of a contract, they must be accepted as a guide only and are issued without any responsibility for the vendor, Martin & Co. or its employees. Measurements shown in these particulars are approximate and a guide only, they should not be relied upon or taken as correct. We have not tested any services or equipment within this property. We recommend purchasers obtain legal advice & survey/s before committing to purchase. No person representing this firm has the authority to give any warranty or representation in respect of this property. New money laundering regulations require us to verify the identity of any prospective purchaser.

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

£ 373950

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 11250
  • 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

£ 36450
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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.

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