4 bedroom detached for sale

£340,000 Offers in excess of

4

Bedrooms

THE PROPERTY AND VILLAGE Impressive detached family home that enjoys a two storey rear extension creating accommodation of around 1,300 square feet. Accommodation includes entrance hall, lounge, dining room, breakfast room, kitchen, cloakroom and shower. To the first floor four bedrooms, master en-suite, plus the main bathroom.

Whitwick is a village and civil parish close to the town of Coalville in the northwest of the county and is situated in an ancient parish which formerly included the equally historic villages of Thringstone and Swannington. There is a very good standard of local amenities including shops, schools and public houses

ACCOMMODATION

ENTRANCE VESTIBULE Leading through to the entrance hall.

ENTRANCE HALL With stairs rising to the first floor, central heating radiator with cover, part panelled walls, laminate flooring.

LOUNGE 15 11" to bay x 12 (4.85m to bay x 3.66m) With double glazed window to the front elevation, central heating radiator with cover, wood flooring and double doors leading through to the dining room.

DINING ROOM 9 10" x 9 (3m x 2.74m) With double glazed sliding doors opening to the conservatory, central heating radiator, wood flooring.

CONSERVATORY 9 10" x 8 4" (3m x 2.54m) Being of double glazed unit and brick plinth construction. Double doors opening to the rear garden, central heating radiator, tiled floor.

BREAKFAST ROOM 10 9" x 8 2" (3.28m x 2.49m) With archway leading through to the kitchen, central heating radiator, laminate flooring.

KITCHEN 16 10" x 8 1" (5.13m x 2.46m) With a range of units at eye and base level providing work surface, storage and appliance space. One an a quarter bowl sink unit with mixer tap over, four ring hob with extractor hood over, electric oven, dishwasher, double glazed windows to the rear elevation, down lighters, door opening to the side elevation.

W.C WITH ADJACENT SHOWER Low flush W.C with separate walk in shower cubicle.

FIRST FLOOR

LANDING With double glazed window to the side elevation. Central heating radiator. Access to the attic conversion via a loft ladder. This makes an ideal space for a playroom.

MASTER BEDROOM 17 x 9 (5.18m x 2.74m) Forming part of the rear extension and helping create a delightful bedroom with an en-suite bathroom leading off. Double glazed windows to the rear elevation, central heating radiator, laminate flooring.

EN-SUITE BATHROOM With a contemporary suite in white of panelled bath with shower attachment off the mixer tap, wash hand basin with storage beneath, W.C. Opaque double glazed window to the front elevation, wall mounted storage cupboards, heated towel rail.

BEDROOM TWO 12 3" x 12 2" (3.73m x 3.71m) With double glazed window to the rear elevation, central heating radiator, laminate flooring.

BEDROOM THREE 11 3" x 10 (3.43m x 3.05m) With double glazed window to the front elevation, Central heating radiator.

BEDROOM FOUR 8 x 7 1" (2.44m x 2.16m) With double glazed window to the front elevation. Central heating radiator.

BATHROOM Comprising a contemporary suite in white of panelled bath with mains fed shower over, wash hand basin and W.C. Heated towel rail, fully tiled walls.

OUTSIDE The property is set back from the pavement behind off road parking which leads through to the garage 19 1 x 8 2" with up and over door. Side gated access leading through to the rear garden. To the rear a lovely garden with shaped lawn, stocked flower borders, mature trees and a summer house which enjoys light and power supplies.

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

£ 283200

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
    £ 8500
  • 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

£ 28200
  • 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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message