4 bedroom detached for sale

£825,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

THE PROPERTY A wonderfully located detached 1930s family home, set towards the end of a quiet no through road, and with wonderful far reaching views and extensive gardens.

The front door opens into an inner hallway with a useful cloakroom, from where there is a door into the central hallway which has an attractive turned staircase, and leads to all main downstairs rooms. The sitting room has a large bay window overlooking the front garden and open fireplace. The dining room also has a large bay window overlooking the front garden, and a feature fireplace which offers a charming focal point to the room.

However, the moment you enter the kitchen/breakfast room, your breath is quite taken away by the large window running across the rear of the property offering expansive far reaching views from the garden towards the fields and open countryside in the distance.

The kitchen is fitted with a range of modern cabinetry, a walk in pantry, and is separated from the breakfast area by a useful breakfast bar. From here, there is space for a large breakfast table, where you can sit to enjoy the views of the garden. There is a side door to the garden, and also a door to the utility room from where one can access the garden and the extended garage.

Upstairs the staircase charmingly splits to create two bedroom areas. The principal bedroom is a large double room with windows to the gardens. It benefits from a range of wooden wardrobe cupboards and its L shape provides an ideal space for a dressing table. There is a spacious shower room on this side of the house, which could be incorporated into the main bedroom if required.

On the other side of the staircase, there are three further bedrooms, two of which are double bedrooms, and a family bathroom.

The front of the property has a lawned area, and parking area to the front of the garage. The rear garden is a particular joy, being extremely private, with a paved area leading to the lawns, vegetable patches and a wildlife pond. The overall plot area of this property is approx 0.23 acres.

SCHOOL CATCHMENT: This property falls within the enviable school catchment areas of both Olivers Battery and John Keble CofE Primary Schools, and Kings School. It is also a short walk from St Peters Catholic Primary School.

LOCATION: Olivers Battery is a popular suburb of Winchester, with a parade of local shops, a regular bus service, and excellent schools. There is a large Sainsburys supermarket, and doctors surgery nearby at Badger Farm.

CONSTRUCTION: Built 1938. Traditional brick construction under tiled roof
BROADBAND: (Source Ofcom) Ultrafast Broadband is available, 1000mbps download, 100mbp upload
FLOODING (Source Govt Environment Agency) Ground water, surface water, and rivers & seas, Very Low Risk
Parking: The property has driveway and garage parking, in addition to parking being available in the road
Heating: Gas central heating
Council Tax Band F, EPC Band C

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

£ 683325

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
    £ 20625
  • 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

£ 64575
  • 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

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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