3 bedroom detached for sale

£340,000

3

Bedrooms

2

Bathrooms

Floorplan

SUMMARY
We are very pleased to introduce to the market a beautiful, detached property located on Mill Fold Gardens.

Sat within a desirable development and close by the many local amenities, the property comprises of entrance hallway, lounge with feature bay window, a beautiful, large kitchen/ diner with large patio doors and windows, skylights and built in appliances. To the first floor there is an open landing area, three bedrooms, with the master benefitting from an en-suite, and a family bathroom with a three piece suite.

Externally there is off road parking to the front and a well kept, landscaped garden to the rear - this is the perfect space for families with a patio area too. The property also benefits from an integrated garage.

Mill Fold Gardens is close by to local amenities, very close to motorway access & the development is beautiful. The house itself is the perfect family home with upgraded fixtures and fittings throughout such as oak internal doors, gas fired boiler heating system with upstairs and downstairs temperature control and scheduling, ventilation system throughout the whole house, USB charging points in each room and energy efficient lighting throughout. There is also 5 years NHBC warranty remaining.

HALLWAY 11 5' x 2 10' (3.50m x 0.87m)
Neutral decor, herringbone engineered oak wood flooring, composite door, radiator

LOUNGE 14 9' x 10 5' (4.50m x 3.20m)
Neutral decor, herringbone engineered oak wood flooring, radiator, UPVC bay window, vertical blinds

KITCHEN/DINER 17 4' x 11 1' (5.30m x 3.40m)
Neutral decor, a range of wall and base units, Stainless steel sink with additional 1/2 bowl, integrated double electric oven with gas hob and glass splash-back, stainless steel chimney hood, integrated fridge freezer, chrome LED down lights, chrome effect sockets with USB ports, porcelanosa tiled floor, UPVC window and door, skylights, radiator


DOWNSTAIRS WC 6 2' x 3 0' (1.90m x 0.93m)
Tiled flooring, hand wash basin, toilet, radiator

INTEGRAL GARAGE 18 8' x 8 10' (5.70m x 2.70m)
Power, up and over door

BEDROOM ONE 12 2' x 9 2' (3.72m x 2.80m)
Neutral decor, carpet, UPVC window, radiator


EN-SUITE 6 6' x 5 6' (2m x 1.70m)
Neutral decor, partially cladded walls, white toilet and wash hand basin, shower cubicle, chrome towel rail / heater

BEDROOM TWO 9 10' x 9 10' (3m x 3m)
Neutral decor, engineered oak wood flooring , UPVC window, radiator


BEDROOM THREE 9 10' x 8 10' (3m x 2.70m)
Neutral decor, engineered oak wood flooring, UPVC window, radiator

FAMILY BATHROOM 6 10' x 6 6' (2.10m x 2m)
Neutral decor, porcelanosa tiled flooring with white marble effect, floor to ceiling tiling to shower/bath, built in glass shelving unit with lighting, white bathroom suite with shower over bath, UPVC window, heated chrome towel radiator, polished edged mirror, chrome LED downlights,


EXTERNAL
Externally there is a driveway to the front, and an enclosed garden to the rear with patio area. Outdoor tap, lighting.

NEED A MORTGAGE?
Why be restricted to your current or high street lenders rates?

Especially when Martin & Co can introduce you to our Mortgage Advisor with access to a comprehensive panel of over 80 lenders, including a range of off market products, offering potential savings against your current lender.

Call today to arrange a ten-minute (no obligation) telephone consultation (at a time to suit you)

One quick call could potentially save you thousands of pounds over the course of your mortgage.

Please remember, your home is at risk if you do not keep up with your mortgage repayments.

RESERVATION FEE
Should you be successful in your offer to purchase the property and in order to place the property 'under offer', you may be required to complete a reservation agreement and pay a (refundable at completion) reservation fee, details available upon request.

Features
  • Freehold

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

£ 283200

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
    £ 8500
  • 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

£ 28200
  • 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

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