3 bedroom detached for sale

£280,000 Offers over

3

Bedrooms

Floorplan

Situated in this sought after development with an array of local amenities close to hand, this deceptively spacious, three bedroom detached property is perfect for a wide range of buyers and early viewing is strongly recommended. The accommodation comprises of an entrance hall, cloakroom, dual aspect lounge with French Doors to the rear garden, modern fitted kitchen/diner with island unit, three bedrooms (master with en-suite shower room) and a fitted bathroom. Externally, the property has an enclosed rear garden with raised decking areas and there is a tandem length driveway leading to a single garage.

HALLWAY 10 7" x 6 6" (3.23m x 1.98m) Accessed via an external door with wood effect flooring, wall mounted radiator, storage cupboard, airing cupboard, stairs rising to the first floor and ceiling light.

CLOAKROOM With a low flush w.c., pedestal wash hand basin, opaque uPVC double glazed window to the front elevation, vinyl floor covering, wall mounted radiator, and ceiling light.

LIVING ROOM 18 0" x 11 0" (5.49m x 3.35m) With a fitted carpet, uPVC double glazed window to the front elevation and French Doors to the rear garden, two wall mounted radiators and two ceiling lights.

KITCHEN/DINER 17 9" x 11 0" (5.41m x 3.35m) With a range of fitted high and low level units with squared edge wooden worktop over incorporating a ceramic sink and drainer, splash back tiling, island unit with breakfast bar seating, integrated electric twin oven, inset gas hob with extractor hood over, washing machine and dishwasher plumbing, dual aspect uPVC double glazed bay windows to the front and rear elevations, external door to the rear garden, under stairs storage cupboard, two wall mounted radiator and fitted ceiling spotlights.

LANDING With a fitted carpet, uPVC double glazed window to the rear elevation and ceiling light.

MASTER BEDROOM 16 5" x 10 9" (5m x 3.28m) With a fitted carpet, uPVC double glazed window to the front elevation, wall mounted radiator and ceiling light.

EN-SUITE With a double wide walk in shower enclosure with a mains fed mixer bar shower, low flush w.c., pedestal wash hand basin, vinyl floor covering, wall mounted radiator, opaque uPVC double glazed window to the front elevation and fitted ceiling spotlights.

BEDROOM TWO 13 2" x 10 4" (4.01m x 3.15m) With a fitted carpet, uPVC double glazed window to the front elevation, fitted storage cupboard, wall mounted radiator, loft hatch and ceiling light.

BEDROOM THREE 7 7" x 7 3" (2.31m x 2.21m) With a fitted carpet, uPVC double glazed window to the rear elevation, wall mounted radiator, loft hatch and ceiling light.

BATHROOM With a fitted suite comprising of a panelled bath, low flush w.c., pedestal wash hand basin, vinyl floor covering, wall mounted radiator, uPVC double glazed window to the rear elevation and ceiling light.

EXTERNAL The enclosed rear garden is laid to lawn with two raised decked areas, paved patio area, fenced boundary and secure gate access. To the front is a garden which is laid to lawn with a range of shrubs alongside a tandem length driveway with an EV charging point and leading to a single garage.

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

£ 233700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 7000
  • 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

£ 23700
  • 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

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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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