4 bedroom detached for sale

£390,000

4

Bedrooms

Floorplan

Orchard House is an individually built four bedroom detached family home which is in the village of Whitley. This impressive property is finished to a very high standard throughout and offers spacious family accommodation over two floors. It is ideally located for access to the M62 at junction 34 and is available with no onward chain.

The property has been finished to a very high standard and specification with modern quality fittings to the bathrooms and kitchen. Skirting boards, architraves and internal doors are all solid oak, the doors having nickel handles. The property has been refurbished in recent years, is newly redecorated throughout and is ready to move straight into.

A spacious reception hall provides access to the majority of the ground floor accommodation. Off the beautiful and grand hallway is the cloakroom with a counter top hand wash basin and low level WC. The spacious lounge has a large bay window overlooking the front of the property and beyond and a Chesney solid stone feature fireplace. From the lounge, double doors with glass panels lead into a further reception room which has patio doors to the rear courtyard. The breakfast kitchen which leads through an archway to the large dining room is fitted with a high end bespoke designed and fitted Scottswood kitchen, which offers extensive storage space and is fitted with granite work surfaces, a 1 bowl sink and drainer with stylish mixer tap. Integrated appliances include fridge freezer and dishwasher as well as the Rangemaster halogen hob, electric ovens and concealed extractor fan. Additionally there is a large central island with further storage and wine rack below. The kitchen is lit with spotlights in the ceilings, and also in and under the wall units.

Access to the first floor is via the bespoke oak staircase dressed with toughened glass and designer walking lights up to the galleried landing area. The front facing master bedroom features a stunning fully tiled en-suite shower room with WC, hand wash basin and walk in cubicle with waterfall showerhead. There are three further double bedrooms, all with TV points and large windows. The beautiful family bathroom has fully tiled walls and floors, three large mirrors to the walls, a double ended bath, a WC and "his and hers" wash basins.

When constructed, attic roof trusses and four velux windows were installed in the loft, giving the potential to easily add two more bedrooms in the roof space, subject to any necessary permissions.

Entry to the property is through either the pedestrian timber gates, or vehicular access through the electric gate into the rear courtyard, offering enclosed parking for several vehicles and providing access to the garage and utility room. The garage has an up and over door, power and lighting plus a large utility area which houses the boiler, along with plumbing for a washing machine and space for a tumble dryer. To the front of the property are freshly stocked raised flower beds, pathways and lawned areas.

The property is private and enclosed by walls topped with fence panels, there is outside lighting and an internal security system.

An internal inspection is strongly recommended to fully appreciate what this property and its location offers.

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

£ 324450

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
    £ 9750
  • 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

£ 31950
  • 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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