4 bedroom detached for sale

£375,000

4

Bedrooms

2

Bathrooms

Floorplan

THE PROPERTY AND TOWN Beautifully appointed and presented property situated in a lovely tucked away position, offered in show home condition. The gas centrally heated and double glazed accommodation includes entrance hall with guest cloakroom, lounge, separate family/dining room and impressive dining/breakfast kitchen. To the first floor four bedrooms (master with en-suite shower room) and family bathroom. Externally there is a private enclosed rear garden, off road parking and detached garage. Locally there is easy access to Foxbridge Primary School plus the recently opened Sainsburys and Starbucks drive through.

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 railway 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 Accessed via a composite entrance door. With stairs rising to the first floor, central heating radiator, quality flooring.

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

FAMILY/DINING ROOM 13 5" x 8 8" (4.09m x 2.64m) 10 8" to side bay window. With uPVC framed double glazed window to front and side elevations. Central heating radiator.

LOUNGE 17 3" x 10 8" (5.26m x 3.25m) This lovely room has uPVC framed double glazed window to front and side elevations, uPVC framed double glazed patio doors opening to the rear garden, Two central heating radiators.

DINING/BREAKFAST KITCHEN 15 x 14 3" (4.57m x 4.34m) A real feature of the property is this beautiful space that includes an extensive range of units at eye and base level providing work surface, storage and appliance space. Integrated appliances include four ring hob with extractor hood over, electric oven, dishwasher, washing machine and fridge/freezer. One and a quarter bowl sink unit with mixer tap over, central heating radiator, quality flooring, storage cupboard, uPVC framed double glazed window to the side elevation, uPVC framed patio doors opening to the rear garden.

FIRST FLOOR

LANDING

MASTER BEDROOM 15 x 8 10" (4.57m x 2.69m) With uPVC framed double glazed window to the side elevation. Central heating radiator. 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 mains fed shower. Central heating radiator.

BEDROOM TWO 12 8" x 8 7" (3.86m x 2.62m) Extending to 15 5". With dual aspect uPVC framed double glazed windows, central heating radiator, overstairs storage cupboard.

BEDROOM THREE 10 11" x 9 4" (3.33m x 2.84m) With uPVC framed double glazed window to the front elevation. Central heating radiator.

BEDROOM FOUR 7 7" x 7 6" (2.31m x 2.29m) With uPVC framed double glazed window to the rear elevation. Central heating radiator.

FAMILY BATHROOM Comprising a suite in white of panelled bath, wash hand basin and W.C. Opaque uPVC framed double glazed window to the side elevation, central heating radiator.

OUTSIDE The property is situated in a tucked away position at the end of a short drive just off Heritage Road. The property has a lawned garden with adjacent driveway providing off road parking and leading through to the DETACHED GARAGE 19 4" x 10 (5.89m x 3.04m)with up and over door. To the rear, a private garden laid to lawn with an area of patio adjacent to the property, all enclosed by wall and fence surround.

Map location is not available for this property.

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

£ 312075

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
    £ 9375
  • 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

£ 30825
  • 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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