5 bedroom detached for sale

£250,000 OIRO

5

Bedrooms

Floorplan

Offered with no onward chain This thoughtfully extended detached family home which has also been re-modelled internally offers exceptionally spacious 5 bedroom accommodation within a good size corner plot The property boasts 3 reception rooms plus a rear conservatory with a utility room off the fitted kitchen Upstairs and accessible off a spacious landing are 5 bedrooms The master boasts en-suite facilities in addition to the family bathroom and ground floor W.C. Outside there is a front driveway and good size and tended gardens Too many features to list makes internal inspection essential

ENTRANCE HALL Served by a double glazed front door Radiator

LOUNGE 14 3" x 10 6" (4.34m x 3.2m) Double glazed window to the front Radiator Door into the dining room

SITTING ROOM 15 10" x 8 9" (4.83m x 2.67m) Storage cupboard Radiator Double glazed front window

DINING ROOM 9 8" x 8 7" (2.95m x 2.62m) Connecting door into the lounge Radiator Sliding doors into the conservatory Radiator

Off the entrance hall W.C. Vanity hand wash basin Radiator Double glazed front window

KITCHEN 12 5" x 8 2" (3.78m x 2.49m) Fitted with a comprehensive range of wall and base units One and a half bowl sink Ample work surfaces with tiled splashbacks Electric oven Gas hob with extractor hood Under stairs cupboard Radiator Double glazed window to the rear

UTILITY ROOM 9 1" x 8 7" (2.77m x 2.62m) Fittedwall and base units with ample work surfaces Plumbed for a washing machine Radiator Double glazed window and door to the rear

CONSERVATORY 11 0" x 8 9" (3.35m x 2.67m) A brick base construction with double glazed windows to three sides Double glazed door

LANDING A good size walk round area with linen cupboard and offering access into all bedrooms

BEDROOM 1 10 4" x 10 2" (3.15m x 3.1m) Fitted sliding door wardrobes Double glazed window to the front Radiator

ENSUITE Step in shower cubicle W.C Vanity hand basin Radiator Double glazed window to the side

BEDROOM 2 8 6" x 10 5" (2.59m x 3.18m) Radiator Double glazed window to the rear

BEDROOM 3 8 3" x 6 10" (2.51m x 2.08m) Sliding door wardrobes Radiator Double glazed window to the front

BEDROOM 4 10 9" x 8 4" (3.28m x 2.54m) This is an "L" shaped room measured to the widest points Radiator Double glazed window to the side and rear

BEDROOM 5 11 8" x 8 9" (3.56m x 2.67m) Radiator Double glazed window to the front

BATHROOM Fitted with a traditional three piece suite Panelled bath Hand wash basin W.C Partially tiled Radiator Double glazed window to the rear

GARDENS There are good size gardens to three sides With lawned areas The rear has a decking area and is enclosed

PARKING There is a front drive offering off road parking On street parking is also available

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

£ 208950

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
    £ 6250
  • 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

£ 21450
  • 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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