5 bedroom detached for sale

£515,000

5

Bedrooms

APPROACH The property stands back from the road behind driveway for several vehicles with raised flower bed to the corner.

GROUND FLOOR

PORCH with upvc entrance door at front with matching windows and further double glazed door to:

HALL with wood effect flooring, radiator and stairs to the first floor.

FRONT RECEPTION ROOM 15 1" x 11 11" (4.62m x 3.65m) with brick fireplace surround, radiator and double glazed bay window to the front.



REAR RECEPTION ROOM 19 4" x 11 11" (5.91m x 3.65m) with Adam style fireplace, wood effect flooring, radiator and double glazed patio doors to the rear garden.

REFITTED KITCHEN 15 5" x 8 3" (4.70m x 2.54m) being fitted with a comprehensive range of contemporary soft close base and wall units with incorporated breakfast bar,k roll edge work surface area with tiled splash back having inset one and a half bowl sink unit with built in electric hob having canopy extractor hood over with separate double oven, together with fitted fridge freezer and dishwasher. There is double glazed window to the rear, radiator and Pantry Cupboard off.

UTILITY ROOM 10 8" x 5 3" (3.27m x 1.61m) with matching base and wall units, incorporated single drainer sink unit, plumbing for washing machine and double glazed window at rear.

SHOWER ROOM 5 7" x 5 3" (1.72m x 1.61m) having tiled walls and floor and fitted with large shower cubicle with fitted electric shower unit, pedestal wash hand basin, low level w.c., radiator and extractor fan.

FIRST FLOOR

ENCLOSED SIDE PASSAGEWAY with doors to front and rear.

SAUNA being situated to the rear of the Enclosed Side Passgeway.

GARAGE currently converted into a room with door to the Enclosed Side Passegway.

LANDING with access to loft space and off which lead:

BEDROOM ONE 11 6" x 10 0" (3.53m x 3.06m) with range of fitted furniture, radiator and double glazed window.

EN SUITE BATHROOM 10 0" x 7 2" (3.06m x 2.20m) being part tiled and fitted with corner jacuzzi bath with shower attachment over, separate shower cubicle, pedestal wash hand basin, low level w.c., radiator and obscure double glazed window.

BEDROOM TWO 15 5" x 11 11" (4.71m x 3.64m) with range of fitted wardrobes, dresser and bed side cabinets, built in sink unit, radiator and double glazed bay window.

BEDROOM THREE 16 2" x 10 8" (4.93m x 3.26m) with fitted furniture, radiator and double glazed window.

BEDROOM FOUR 11 3" x 8 9" (3.43m x 2.68m) again with fitted wardrobes etc, double glazed window and radiator.

BEDROOM FIVE 8 2" x 6 10" (2.50m x 2.10m) with double glazed window and radiator.

FAMILY BATHROOM 9 10" x 6 6" (3.0m x 2.0m) being part tiled and fitted with corner bath having shower attachment, pedestal wash hand basin, bidet, low level w.c., radiator and two double glazed windows to rear.

OUTSIDE The property stands in plot extending to approx 0.20 acres having paved rear terrace with covered HEATED SWIMMING POOL beyond which is archway leading to large lawned area having mature hedgerows.

TENURE We are advised by the vendors that the property is FREEHOLD (subject to verification by your solicitor).



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

£ 427575

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
    £ 12875
  • 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

£ 41325
  • 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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