4 bedroom detached for sale

£415,000 OIRO

4

Bedrooms

THE PROPERTY AND TOWN Impressive detached family residence built by David Wilson Homes. Situated in a cul de sac setting, the accommodation includes entrance hall, guest cloakroom, study, lounge, snug, living dining kitchen and utility room. To the first floor, four bedrooms (master with en-suite facility) and family bathroom. Off road parking and garage.

Castle Donington itself is a vibrant location with a high standard of amenities including shops, post office, doctors surgery, pharmacy, super markets, pubs and restaurants. For the commuter East Midlands airport, Parkway railways station and the national motorway network are all readily accessible as are the centres of Nottingham, Derby and Leicester via the 24 hour running Skylink bus service.

ACCOMMODATION

GROUND FLOOR

ENTRANCE HALL With stairs rising to the first floor, cloaks cupboard, central heating radiator, laminate flooring.

GUEST CLOAKROOM Comprising a suite in white of wash hand basin and W.C. Central heating radiator, part tiled walls.


STUDY 9 2" x 7 7" (2.79m x 2.31m) With uPVC framed double glazed window to the front elevation, central heating radiator, fitted desk and shelving, laminate flooring.

LOUNGE 16 6" x 12 (5.03m x 3.66m) With uPVC framed double glazed window to the front elevation. Two central heating radiators. Focal feature fireplace


SNUG 10 7" x 8 6" (3.23m x 2.59m) With uPVC framed double glazed doors opening to the rear garden, central heating radiator.

LIVING/DINING KITCHEN 16 7" x 10 1" (5.05m x 3.07m) Including a range of units at eye and base level providing work surface, storage and appliance space. Single drainer sink unit with mixer tap over, Electrolux fittings including a six ring hob with extractor hood over, electric double oven, integrated fridge/freezer and dishwasher, under stairs storage cupboard, uPVC framed double glazed French doors opening to the rear garden, central heating radiator.



UTILITY ROOM 5 5" x 5 4" (1.65m x 1.63m) With wall mounted Ideal central heating boiler, plumbing for washing machine, central heating radiator, door opening to the side elevation.

FIRST FLOOR

LANDING With access to the roof space, central heating radiator, airing cupboard.

MASTER BEDROOM 12 3" x 11 7" (3.73m x 3.53m) With uPVC framed double glazed window to front and side elevations, central heating radiator, fitted wardrobes. En-suite shower room leading off.

EN-SUITE SHOWER ROOM Comprising a suite in white of wash hand basin and W.C. Walk in cubicle housing the refitted mains fed shower with hand held attachment and rain shower head. Opaque uPVC framed double glazed window, heated towel rail, part tiled walls, tiled floor.

BEDROOM TWO 12 3" x 12 3" (3.73m x 3.73m) Narrowing 10 7". With uPVC framed double glazed window to the front elevation, central heating radiator, overstairs storage cupboard., in built wardrobes.

BEDROOM THREE 10 11" x 9 8" (3.33m x 2.95m) With uPVC framed double glazed window to the rear elevation, central heating radiator.


BEDROOM FOUR 10 4" x 8 9" (3.15m x 2.67m) With uPVC framed double glazed window to the rear elevation, central heating radiator, in built wardrobe.

FAMILY BATHROOM Comprising a suite in white of panelled bath with a modern mains fed shower over including a hand held attachment and rain shower head. Wash hand basin and W.C.. Opaque uPVC framed double glazed window to the rear elevation, Chrome style heated towel rail, part tiled walls, tiled floor.


OUTSIDE

GARDENS AND GARAGE The property is set back from the road behind a small, easily maintainable garden, adjacent driveway providing off road parking and leading through to the single garage. To the rear an enclosed garden with shaped lawn and patio.

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

£ 345075

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
    £ 10375
  • 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

£ 33825
  • 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