4 bedroom detached for sale

£275,000

4

Bedrooms

1

Bathrooms

Margi Willis Estates are delighted to offer to the sales market this well presented detached home situated in the ever popular village of West Hallam with its wealth of amenities. The accommodation briefly comprises: Entrance hall, guest cloaks-w.c, lounge, dining room, conservatory and kitchen to the ground floor and to the first floor there are four bedrooms and bathroom. Outside there is a block paved driveway and garage at the front elevation and at the rear there is an enclosed garden with ornamental grassed and paved areas.

Entrance Hallway

With double glazed entrance door to the front, push to open useful under stairs storage including drawer and cupboard radiator, stairs leading up to the first floor landing.

W.C

With a refitted suite of low level w.c, vanity wash hand basin, ladder towel rail, tiled splash backs, double glazed window to the side elevation.

Lounge (4.80m x 3.58m (159" x 119" ))

With double glazed window to the front elevation, radiator, inset living flame gas fire, french doors leading to the dining room.

Dining Room (4.01m x 2.84m (132" x 94" ))

With double patio door to the rear elevation, radiator.

Conservatory (2.82m x 2.57m (93" x 85"))

Constructed of upvc with dwarf brick base with light and power, ceiling fan, double glazed french doors leading to the rear garden.

Fitted Kitchen (3.71m x 2.51m (122" x 83"))

Comprising a range of fitted wall, base and drawer units incorporating working surfaces over, single drainer sink unit with mixer tap over and tiled splash backs, space for gas cooker, integrated fridge and freezer, space and plumbing for dishwasher and automatic washing machine, radiator, tiling to the floor, double glazed window to the rear elevation, double glazed side entrance door.

Landing

With storage cupboard, double glazed window to the side elevation, with door to hot water tank and airing cupboard.

Bedroom One (4.32m x 2.62m (142" x 87"))

With mirror fronted wardrobe, radiator, electric heater, double glazed window to the front elevation.

Bedroom Two (3.96m x 2.64m (13 x 88"))

With radiator, double glazed window to the rear elevation.

Bedroom Three (2.74m x 2.44m (9 x 8))

With radiator, double glazed window to the front elevation.

Bedroom Four

With radiator, double glazed box bay window to the front elevation.

Bathroom

Comprising a three piece suite of wash hand basin and w.c set into vanity unit, paneled bath with electric shower over, wall mounted radiator, tiling to the walls, double glazed window to the side elevation.

Outside

To the front of the property there is a block paved driveway this returns to the side providing ample off the road car standing and leads to the detached brick built garage this measures 166" x 8 with light and power and an up and over door.
At the rear there is a pleasant enclosed garden with high quality artificial grass and paved patio and outdoor tap.

About West Hallam

West Hallam is a popular, picturesque village in Derbyshire which boasts a host of amenities including: Tesco express, two doctors surgeries, a variety of take-aways, village public house, estate agent, beauty salon and hairdresser. The village is extremely popular with all demographics, families who wish The local Primary and Secondary schools are well regarded and The Village holds many community events, the most popular and well known is the well dressings which are held in the heart of the village in the month of July. It is an ideal commuter base for Derby, Nottingham, the M.1 Motorway and the A38. Shipley Country Park is close by and is very popular with walkers, ramblers and horse riders.

Anti Money Laundering Regulations

All intending purchasers of a property being marketed by Margi Willis Estates will be required to provide copies of their personal identification documentation to comply with the current money laundering regulations. We ask for your prompt and full co-operation to ensure there is no delay in agreeing the sale of a property.

Conveyancing

We can provide you with a conveyancing quotation for your sale and/or purchase upon request. Mwe is partnered with Move With Us Ltd. Conveyancing, a referral fee is paid upon completion only, which is one hundred and eighty one pounds (this includes completion fees and Incentives)

Disclaimer

Please note: These property particulars do not constitute or form part of the offer or contract. All measurements are approximate. Any appliances or services to be included in the sale have not been tested by ourselves and accordingly we recommend that all interested parties satisfy themselves as to the condition and working order prior to purchasing. None of the statements contained in these particulars or floor plans are to be relied on as statements or representations of fact and any intending purchaser must satisfy themselves by inspection or perusal of the title to the property or otherwise as to the correctness of each of the statements contained in these particulars. The vendor does not make, warrant or give, neither do Margi Willis Estate Agents and any persons in their employment have any authority to make or give, any representation or warranty whatsoever in relation to this property

Mortgage Advice

Independent Mortgage Advice is available through our Mortgage Advisor. Please contact us for further information. Please note: Your home may be at risk of repossession if you do not keep up repayments on your mortgage.

Our View

This property will suit many potential buyers due to its condition, location and the plentiful parking. West Hallam is a Conservation Village which is surrounded by beautiful Derbyshire countryside whilst also benefiting from excellent road and transport links to Derby & Nottingham. The Village boasts a wealth of housing stock to suit all budgets and requirements, the local amenities include shops & beauty salons, and - of course - us, Margi Willis Estates, the villages own independent Estate Agency, serving the housing needs of the local community. West Hallam is also in catchment for the highly regarded local primary and secondary schools, which further enhances the overall appeal of the village. So, for nature lovers, families, investors, commuters and everyone else in between, West Hallam is the ideal location.

Viewing This Property

Viewing this property is strictly by appointment only through Margi Willis Estates. Contact us: You can also contact us on Facebook and Twitter.



Features
  • Freehold

Nearest Stations:

2.89 miles
Ilkeston
3.52 miles
Langley Mill
4.52 miles
Spondon
5.26 miles
Duffield
5.62 miles
Derby

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

£ 229575

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
    £ 6875
  • 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

£ 23325
  • 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

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