4 bedroom detached for sale

£400,000

4

Bedrooms

EXTENDED FOUR BEDROOM DETACHED FAMILY HOME - An excellent opportunity to purchase this David Wilson built four bedroom family home, ideally located in a cul de sac and within easy access of local amenities, schools, shops and the perimeter road for access to the A5 and motorway network. The spacious accommodation comprises of an entrance hallway, cloakroom, lounge / family room, open plan kitchen / diner, utility room, spacious rear lounge with bi folding doors, landing, four bedrooms and a bathroom. The property also benefits from double glazing, gas central heating, south facing rear garden, single garage and off road parking to the front for three cars. For viewings call Martin & Co 01455 636349

ENTRANCE HALL Double glazed composite entrance door to entrance hallway with adjacent double glazed window, stairs to first floor landing, radiator.

FAMILY ROOM 16 5" x 10 9" (5.01m x 3.29m) Double glazed bay window to front, feature fireplace, radiator. (currently being used as a bedroom)

CLOAKROOM WC 5 5" x 2 11" (1.66m x 0.91m) Low level WC, sink unity with vanity cupboard, laminate wood flooring, radiator.

OPEN PLAN KITCHEN DINER 24 10" (Max) x 19 1" (Max) (7.58m x 5.84m) Fitted with modern, matt grey base, wall and drawer units with matching work surfaces above and inset stainless sink unit with mixer tap, central island with oak breakfast bar and pan cupboards below, space and plumbing for American style fridge freezer, space for range cooker, double glazed windows to side and rear, double glazed door to side, karndean flooring, access to utility room.

UTILITY ROOM 7 7" x 7 1" (2.33m x 2.18m) Base and wall units with work surface above and inset sink unit, plumbing for a dishwasher and washing machine, storage cupboard housing Worcester gas boiler, tiled effect flooring, door to garage.

REAR LOUNGE / LIVING ROOM 22 11" x 10 5" (7.01m x 3.18m) Spacious room with bi folding doors to the rear garden, double glazed window, three Velux windows, wall mounted electric fire, tiled under floor heating (This is independent of the main heating system, two radiators.

FIRST FLOOR LANDING Access to fully board attic space.

MAIN BEDROOM 17 1" x 11 6" (5.23m x 3.51m) Double glazed window to front, radiator.

BEDROOM TWO 12 6" x 8 3" (3.83m x 2.54m) Double glazed window to front, radiator

BEDROOM THREE 10 9" x 10 3" (3.28m x 3.14m) Double glazed window to rear, radiator

BEDROOM FOUR 9 3" x 7 1" (2.82m x 2.16m) Double glazed window to rear, radiator

FAMILY BATHROOM 9 5" x 8 5" (2.89m x 2.58m) Modern suite comprising panelled bath with Mira electric shower and glazed screen, wash hand basin, low flush WC, part tiled walls, two heated hand towel rails, vinyl floor covering, obscure double glazed window.

REAR GARDEN South facing, two tier garden with paved patio area, lawned area, flower borders with a variety of plants and shrubs, side access and gate, hot and cold outside taps.

FRONT Driveway and parking for three cars.

SINGLE GARAGE 7 9" x 16 9" (2.37m x 5.11m) Integral garage with electric roller door, power and lighting, plumbing for washing machine, space for tumble dryer, roof space storage, door to utility room.

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

£ 332700

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
    £ 10000
  • 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

£ 32700
  • 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

  %
  %
£
  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message