5 bedroom detached for sale

£580,000

5

Bedrooms

Floorplan

This family home is situated at the end of a quiet cul-de-sac away from passing traffic. As soon as you step inside this property we are sure that you will soon feel right at home and be excited at the prospect of what this house could offer.

The family will love the spacious lounge which has plenty of room for the comfiest of settees and on those special occasions, have all the family round and enjoy a meal in the separate dining room where there is plenty of space for everyone. The kitchen has ample cupboard space for all your condiments, pots and pans and is great for late night chats over a glass of wine or a cup of coffee. For those quieter times, the conservatory is the perfect place to catch up with the Sunday papers as you gaze outwards over the pretty garden. The utility room, a must for any large family, will help keep the laundry at bay and the house tidy. Upstairs the bedrooms wont disappoint either as theyre all of a good size, so theres no dreaded box room to leave the youngest disappointed, so each member of the family has their own personal space. As well as there being a family bathroom, the master bedroom benefits from having a en-suite which will help with the morning rush and the downstairs cloakroom is perfect for when friends come calling. For those wanting extra space, the downstairs bedroom which also has a en-suite is ideal for a guest staying over or can be used as a home office/playroom. It is the garden that is the real "show stopper" here. Theres a patio to the rear of the property making it perfect for barbecues or winding down with a glass of wine after work. There is also plenty of lawn area for the little ones to run around and play which basks in the sun for most of the day. Theres no need to be fighting over parking as there is a large driveway to accommodate your multi vehicle family and a double garage which is ideal for extra storage or parking that classic car.

For those of you unfamiliar with the area, the property is within close proximity to the town centre and the Arboretum, access to the M5 is just round the corner and there are plenty of bus links nearby. There are also some highly regarded private and state schools close by. Did we mention that the property is being sold with no onward chain. We could go on and on, but to fully appreciate this superb home an internal viewing will be required. We look forward to your call.

ROOM SIZES:

GROUND FLOOR
Porch
Hallway
Lounge: 16 9" x 11 2" (5.11m x 3.4m)
Dining Room: 10 6" x 9 9" (3.2m x 2.97m)
Kitchen: 16 0" x 10 6" (4.88m x 3.2m)
Utility: 6 2" x 5 0" (1.88m x 1.52m)
Conservatory: 14 0" x 13 5" (4.27m x 4.09m)
WC
Bedroom 5: 11 6" x 7 9" (3.51m x 2.36m)
En suite

FIRST FLOOR
Landing
Store
Bedroom One: 12 5" x 11 10" (3.78m x 3.61m)
En-suite
Bedroom Two: 14 0" x 8 0" (4.27m x 2.44m)
Bedroom Three: 10 4" x 8 2" (3.15m x 2.49m)
Bedroom Four: 8 0" x 7 10" (2.44m x 2.39m)
Bathroom: 7 10" x 7 4" (2.39m x 2.24m)

OUTSIDE
Driveway
Double Garage
Rear Garden

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

£ 481200

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

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 14500
  • 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

£ 46200
  • 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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