3 bedroom detached for sale

£587,500

3

Bedrooms

1

Bathrooms

Floorplan

OVERVIEW Delightful three bedroom family detached residence situated in prominent corner position having lots of potential for extending (subject to planning and building regulation approvals). The charming well presented accommodation includes central entrance hallway, lounge with separate dining room and conservatory, kitchen, three generous sized bedrooms, shower room, separate w.c., gardeners w.c., garage and attractive gardens with southerly aspect.


GROUND FLOOR

ENTRANCE PORCH having upvc double glazed double doors to the front with matching windows.

ENTRANCE HALL with radiator, coved ceiling, stairs to first floor and Cloaks Cupboard off.

LOUNGE with Adams style fireplace surround, radiator and two double glazed windows to the front. Double glazed patio style doors lead to:-

CONSERVATORY being double glazed with door to the rear garden.

DINING ROOM with double glazed windows to the front and side, radiator and coved ceiling.



KITCHEN fitted with a matching range of base and wall units having roll edge work surfaces with tiled splashbacks having inset one and a half bowl sink unit and built in four plate hob unit with separate double oven in three quarter height housing. There is radiator, double glazed window and Pantry Cupboard off with fitted shelving and double glazed window at side.

ENCLOSED SIDE PASSAGEWAY with door from the kitchen with further doors to the rear garden and garage.

GARDENERS W.C. leading off the side passage way with low level w.c.

FIRST FLOOR

GALLERY LANDING with obscure double glazed to the rear, coved ceiling and access to the loft space.

MASTER BEDROOM with radiator, double glazed windows to front and side and coved ceiling.

BEDROOM TWO with two built in double wardrobes, double glazed windows to front and side, radiator and coved ceiling.

BEDROOM THREE with double glazed window to the front and radiator.

SHOWER ROOM with tiled walls having shower cubicle with thermostatically controlled shower, pedestal wash hand basin, low level w.c., heated towel rail and obscure double glazed window.

SEPARATE W.C. with low level w.c. and obscure double glazed window.

OUTSIDE

SINGLE GARAGE having motorized up and over, plumbing for washing machine, power and light points and pedestrian door.

GARDEN To the side/rear is a well presented garden with southerly aspect having paved terrace with mature ornamental shrubbery border to the front and gate to the foregarden.

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

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

£ 487387.5

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
    £ 14687.5
  • 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

£ 46762.5
  • 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

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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