4 bedroom detached for sale

£525,000

4

Bedrooms

Floorplan

OVERVIEW Four bedroom detached family residence in quiet cul de sac location being offered with No Upward Chain. Being both gas centrally heated and double glazed the accommodation includes; Porch, hallway, lounge, separate dining room, fitted kitchen/breakfast room, guest cloakroom, master bedroom with en suite shower cubicle, three further bedrooms and family bathroom. The property stands in larger than average plot with detached double garage, driveway for several vehicles and garden to rear.

GROUND FLOOR

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

ENTRANCE HALL with tiled flooring, radiator and doors off to:-

GUEST CLOAKROOM being fully tiled and fitted with low level w.c., vanity wash hand basin, radiator and double glazed window at front.

LOUNGE 16 7" x 11 8" (5.08m x 3.58m) having Adams style marble fireplace surround, radiator, coved ceiling and double glazed window to the front.

DINING ROOM 11 8" x 10 2" (3.58m x 3.10m) with double glazed french door to the garden, radiator and coved ceiling.

FITTED KITCHEN/BREAKFAST ROOM 18 11" x 12 0" (5.77m x 3.66m) fitted with a comprehensive range of matching wall and base units with inset Belfast sink,

FIRST FLOOR

LANDING with loft access and doors to:

MASTER BEDROOM 11 8" x 15 5" (3.58m x 4.70m) with double glazed window to the front, radiator and door to:

EN SUITE SHOWER with walk in shower cubicle, vanity wash hand basin, low level w.c., fully tiled walls, radiator and two double glazed windows to the front.

BEDROOM TWO 11 5" x 8 2" (3.48m x 2.50m) with radiator, coved ceiling and double glazed window to the rear.

BEDROOM THREE 11 5" x 8 10" (3.50m x 2.70m) with double glazed window, radiator and coved ceiling.

BEDROOM FOUR 8 6" x 6 7" (2.60m x 2.03m) with radiator, double glazed window and coved ceiling.

FAMILY BATHROOM having tiled walls, panelled jacuzzi bath, wash hand basin, low level w.c., radiator and double glazed window.

OUTSIDE To the rear is an enclosed garden with paved patio, lawn beyond and shrubbery borders.

DOUBLE GARAGE



TENURE We are advised by the vendor 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

£ 435825

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
    £ 13125
  • 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

£ 42075
  • 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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