4 bedroom detached for sale

£425,000

4

Bedrooms

2

Bathrooms

Floorplan

Gatcombe Close is on a modern development with surrounding greenery and mature trees. This modern and spacious detached home has four bedrooms, two bathrooms, a separate lounge and kitchen/diner with a utility room. It is perfect for families looking for a modern and well maintained home. The home has a single brick built garage and driveway, providing ample parking space for multiple vehicles. The interior features a contemporary design, with plenty of natural light streaming in through windows, and the enclosed southerly aspect private rear garden is a nice area to relax in. Nearby, you will find a range of amenities, such as schools, shops, and parks all within easy reach. With excellent connections to major transport links, you will have quick and convenient access to surrounding areas. Dont miss out on the opportunity to view this beautiful family home.

Contact us today to arrange a viewing and take the first step towards making it yours.


ENTRANCE HALLWAY 6 2" x 8 4" (1.90m x 2.55m) Enter the home and into the wide hallway. To the left is the access to the lounge, to the right is access to the kitchen/diner, and ahead is the downstairs cloakroom. Carpeted stairs lead to the first floor. Having wooden flooring, single white radiator and a storage cupboard.

DOWNSTAIRS CLOAKROOM Comprising a white suite of WC, and sink. Amtico flooring and single white radiator.

LOUNGE 11 5" x 20 7" (3.5m x 6.29m) The lounge is a light and airy room benefiting from having three double glazed windows. The bay window has a great view of the greenery surrounding the home. Having a carpeted floor and two white radiators.

KITCHEN, DINER AND UTILITY 14 11" x 20 6" (4.57m x 6.26m) The kitchen/diner is a bright, functional, and family-friendly space with ample space for a dining table and chairs. The bay window and double doors to the southerly aspect garden are a lovely touch, bringing in plenty of natural light and offering a smooth indoor-outdoor connection, perfect for summer evenings or weekend brunches. The modern kitchen has Amtico flooring, cream fronted wooden wall and base units with wooden style work surfaces and an integrated stainless steel sink, fridge freezer, dishwasher, double oven and large gas hob. Access to the utility area which houses the modern boiler and further kitchen units and room and plumbing for a washing machine. External side door provides access to the driveway and garage.

FIRST FLOOR LANDING Having a carpeted floor and provided access to all bedrooms and family bathroom. Storage / Airing cupboard and single white radiator

SINGLE BEDROOM 8 0" x 6 9" (2.44m x 2.06m) The single bedroom is currently used as an office, and there ample room for a bed. Having a storage cupboard, carpeted floor and single white radiator.

DOUBLE BEDROOM 10 0" x 11 10" (3.07m x 3.61m) Overlooking the front of the home, this double bedroom also benefits from having a built in wardrobe. Decorated in a neutral colour and having a carpeted floor.

DOUBLE BEDROOM 12 2" x 8 6" (3.71m x 2.61m) A double bedroom, having a carpeted floor and a single white radiator.

FAMILY BATHROOM 5 10" x 6 4" (1.80m x 1.95m) Having Amtico flooring, a white suite comprising bath with mixer shower over and clear shower screen, sink and WC.

MAIN BEDROOM 11 0" x 9 1" (3.36m x 2.77m) The main bedroom is a double room and benefits from having dual aspect windows making this an airy and light room. Benefits from built in wardrobes and an ensuite shower room.

SHOWER ROOM 6 2" x 4 1" (1.88m x 1.25m) Ensuite shower room with Amtico flooring comprising a white suite of shower cubicle with mixer shower, WC and sink.

GARAGE AND OUTSIDE 10 4" x 21 1" (3.17m x 6.45m) Private & enclosed southerly aspect rear garden mostly laid to lawn and full of potential for avid gardeners! Wooden gate leading to the side driveway and single brick built garage. The garage contains power sockets & lighting.

Map location is not available for this property.

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

£ 353325

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
    £ 10625
  • 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

£ 34575
  • 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

£

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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