3 bedroom semi-detached for sale

£300,000 Offers in excess of

3

Bedrooms

THE PROPERTY AND VILLAGE Mature semi detached that enjoys an enviable location with delightful views at all angles, looking towards the magnificent Priory church to the rear elevation. The property has been extended to both side and rear elevations and has accommodation including entrance hall, shower room, dining room, study/occasional bedroom, lounge, kitchen and utility. To the first floor three bedrooms, master with en-suite. Central heating is provided by a modern Vaillant system which marries the latest in heat pump technology with super efficent storage and intelligent, connected Smart controls, all of which is complemented by solar panels.

The Priory Church of St Mary and St Hardulph was originally a monastery founded in about AD 676 on the site of The Bulwarks, an Iron Age hill fort. It was re-founded as an Augustinian priory early in the 12th century before becoming a monastery Breedon has two pubs: the Holly Bush and the Three Horseshoes, a small primary school and post office/general store Further facilities are available in nearby Castle Donington and Ashby de la Zouch. For the commuter the A42. A50 and M1 are readily accessible, as is East Midland airport and Parkway railway station, with a regular service to London St Pancras.




ACCOMMODATION

GROUND FLOOR

ENTRANCE HALL With tiled floor, stairs rising to the first floor, understairs storage cupboard, second storage cupboard, central heating radiator.

SHOWER ROOM With a contemporary suite in white of wash hand basin and W.C. Walk in cubicle housing the mains fed shower, with hand held attachment and waterfall shower head. Opaque double glazed window to the front elevation, heated mirror, Chrome style heated towel rail, down lighters.

DINING ROOM 11 4" x 10 7" (3.45m x 3.23m) With double glazed window to the front elevation, central heating radiator, laminate floor, coving to ceiling.

STUDY/OCCASIONAL BEDROOM 11 6" x 10 11" (3.51m x 3.33m) With double glazed window to front and side elevations, both enjoying the surrounding views. Central heating radiator. This room has been used by the current vendors as a bedroom periodically.

LOUNGE 15 7" x 11 11" (4.75m x 3.63m) With sliding double glazed doors that open to the rear garden and provide delightful views over surrounding farmland and to The Priory church. Central heating radiator, air conditioning unit and coving to ceiling.

KITCHEN 12 11" x 10 6" (3.94m x 3.2m) having been totally refurbished in 2018 and including a range of units at eye and base level providing work surface, storage and appliance space. One and a quarter bowl sink unit with mixer tap over, integrated fittings to include Zanuusi freezer, Bosch fridge, AEG oven and microwave, AEG induction hob with extractor hood over, AEG dishwasher. Double glazed window to the rear elevation with fabulous views.

UTILITY ROOM 9 x 4 8" (2.74m x 1.42m) With storage cupboards and work surface, fitted fridge, plumbing for washing machine, opaque double glazed window to the rear elevation, tiled a floor and technology relating to the solar panels and heating.

FIRST FLOOR

LANDING With access to the three quarter boarded roof space via a loft ladder.

MASTER BEDROOM 11 6" x 9 6" (3.51m x 2.9m) With double glazed window to the front elevation, central heating radiator, recess providing space for a wardrobe.

EN-SUITE SHOWER ROOM Comprising a suite of wash hand basin and W.C. Walk in shower housing the electric shower. Opaque double glazed window to the rear elevation, Chrome style heated towel rail, tiled walls and floor

BEDROOM TWO 9 5" x 8 5" (2.87m x 2.57m) Currently utilised as a home office and including double glazed window to the front elevation, central heating radiator, cabin bed with storage beneath, wardrobe. Laminate flooring.

BEDROOM THREE 9 6" x 6 11" (2.9m x 2.11m) With double glazed window to the rear elevation, views to farmland and Priory church, storage cupboard, laminate flooring.

OUTSIDE The property is situated on a corner plot with garden to the front, side and rear which is mostly laid to lawn and enclosed by fence surround. Garden shed. The rear element of the garden has a raised patio and is adjacent to farmland and takes in the wonderful views. Parking space to the front.

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

£ 250200

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
    £ 7500
  • 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

£ 25200
  • 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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