4 bedroom detached for sale

£575,000

4

Bedrooms

Floorplan

SPACIOUS DETACHED FAMILY HOME IN POPULAR LOCATION - An excellent opportunity to purchase this well presented, F.E Downes built, spacious detached property ideally located in a sought after area of Burbage and with large garden to the rear. The property is within easy reach of local amenities and the A5, motorway network for commuting. The spacious accommodation comprises on the ground floor of an entrance porch, reception hall, lounge, dining room, study, cloakroom, kitchen diner and utility room. The first floor has a large landing, four double bedrooms with the main en suite and a family bathroom. The property sits in good size mature, corner plot gardens and has a driveway and double garage for off road parking. For viewings call Martin & Co 01455 636349

ENTRANCE PORCH Double glazed entrance door and side panels to entrance porch, tiled flooring, obscure glazed window and door to entrance hallway.

ENTRANCE HALLWAY Spacious hallway with stairs to first floor landing, radiator.

CLOAKROOM WC 10 10" x 5 0" (3.31m x 1.54m) Sink unit with vanity cupboard below, low level WC, laminate wood flooring, obscure double window to front, radiator.

LIVING ROOM 23 0" x 12 6" (7.03m x 3.82m) Spacious room with double opening double glazed french doors to rear garden, stone fireplace and surround with inset electric fire and wood mantel above, dual aspect double glazed windows, two radiators.

DINING ROOM 11 6" x 9 8" (3.53m x 2.95m) Double glazed window to rear, radiator

STUDY 11 6" x 8 0" (3.53m x 2.44m) Double glazed window to side, radiator.

BREAKFAST KITCHEN ROOM 13 5" x 11 5" (4.1m x 3.48m) Fitted with a matching range of base wall and drawer units and breakfast bar and work surfaces above, inset sink unit with centre bowl and mixer tap, built in Bosch / Mile electric ovens, separate induction hob, integrated fridge freezer, double glazed window to rear, door to ide, door to utility room.

UTILITY ROOM 10 2" x 6 5" (3.1m x 1.96m) Fitted with a matching range of base and wall units, wine holder, inset sink unit with work surface above, space and plumbing for washing machine and tumble dryer.

LANDING Double glazed window to front, access to roof space, built in cupboard housing valiant gas boiler and shelving.

MASTER BEDROOM 15 8" x 12 11" (4.8m x 3.94m) Double glazed window to rear, fitted wardrobes with shelving and hanging space, radiator, door to en suite.

EN SUITE 11 6" x 5 4" (3.53m x 1.65m) Panelled bath with mixer tap and glazed shower screen, sink unit with vanity cupboard below, low level WC, ceramic tiled walls, radiator, obscure double glazed window.

BEDROOM TWO 12 11" x 10 9" (3.94m x 3.3m) Fitted wardrobes with shelving and hanging space, dual aspect double glazed windows, radiator

BEDROOM THREE 12 7" x 10 9" (3.86m x 3.3m) Fitted wardrobes with shelving and hanging space, dual aspect double glazed windows, radiator.

BEDROOM FOUR 9 10" x 9 6" (3.00m x 2.92m) Fitted wardrobes with shelving and hanging space and cupboards above, double glazed window to rear, radiator.

FAMILY BATHROOM 11 6" x 9 10" (3.53m x 3.02m) Four piece suite comprising shower cubicle with glazed door, mains mixer unit, panelled bath, sink unit with vanity cupboard below, low level WC, ceramic tiled floors and ceiling, obscure double glazing window, radiator.

DOUBLE GARAGE Electric up and over door, power and lighting.

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

£ 477075

Mortgage Loan to Value

%

Gross Yield

%

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
    £ 14375
  • 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

£ 45825
  • 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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