4 bedroom detached for sale

£580,000

4

Bedrooms

2

Bathrooms

Floorplan

MANTONS ESTATE AGENTS proudly presents this exceptional four-bedroom detached family home, ideally situated in a tranquil cul-de-sac within the sought-after 'Grange Farm' development in Barton Le Clay. Boasting over 1400 sq.ft of living space, this property has undergone significant upgrades & modifications to cater to the needs of a modern family.

Adorned with contemporary decor, modern floor coverings & smooth ceilings, this home exudes sophistication. The beautifully fitted kitchen is a focal point, complete with Granite worktops. A generous 17ft living room & a master bedroom with a stylish en suite & fitted wardrobes further accentuate the property's impressive attributes.

In summary, the property comprises a spacious entrance, refitted cloakroom & a 27ft living room with French doors opening to the 27ft kitchen/family room which seamlessly flows into the conservatory, the sitting area features a mesmerising log burner. The kitchen is equipped with ample units, breakfast bar, integrated dishwasher & double oven, complemented by a utility room. The first floor features a spacious landing, four generously sized bedrooms & a fitted bathroom suite. The master bedroom includes a refitted en-suite shower room.

Additional benefits include double glazed windows & doors, driveway with ample off-road parking leading to a single garage, replacement internal doors, intruder alarm & a secluded North/East facing rear garden with two patio areas.

For a closer look at this impressive home, contact Mantons Estate Agents to arrange a viewing.

COUNCIL TAX BAND: F

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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

£ 481200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 14500
  • 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

£ 46200
  • 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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