3 bedroom detached for sale

£300,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

GUIDE PRICE 300,000-320,000. Occupying an enviable plot situated on a private drive within a peaceful cul-de-sac this three bedroom detached property is offered in immaculate condition and is move in ready. Bright and spacious throughout the accommodation comprises of an entrance hallway, cloakroom, dual aspect lounge with French Doors to the rear garden, fitted kitchen also with French Doors and a separate dining room to the ground floor. To the first floor the master bedroom has fitted wardrobes and an en-suite shower room, a second double bedroom with fitted wardrobes and a third, single bedroom alongside a family bathroom. Externally, the property offers a good sized, enclosed rear garden and there is a double width driveway to the side leading to a detached single garage. Early viewing is strongly recommended to appreciate the setting and accommodation available.

HALLWAY 15 6" x 6 1" (4.72m x 1.85m) Accessed via an external door with wooden flooring, wall mounted radiator, stairs rising to the first floor, under stairs storage cupboard and ceiling light

LIVING ROOM 15 10" x 10 (4.83m x 3.05m) With wooden flooring, two uPVC double glazed windows to the front elevation and French Doors to the rear garden, two wall mounted radiators and two ceiling lights.

DINING ROOM 10 4" x 8 4" (3.15m x 2.54m) With wooden flooring, two uPVC double glazed windows to the front elevation, wall mounted radiator and ceiling light.

KITCHEN 10 7" x 10 3" (3.23m x 3.12m) With a range of high and low level units with a rolled edge worktop over incorporating a stainless steel sink and drainer, splash back tiling, integrated electric oven, inset gas hob with extractor hood over, washing machine plumbing, integrated dishwasher, wooden flooring, wall mounted radiator, uPVC double glazed French doors to the rear elevation and ceiling light.

CLOAKROOM Comprising of a low flush w.c., corner pedestal wash hand basin, vinyl flooring, wall mounted radiator, opaque uPVC double glazed window to the rear elevation and ceiling light.

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

MASTER BEDROOM 12 11" x 8 11" (3.94m x 2.72m) With wooden flooring, two uPVC double glazed windows to the front elevation, fitted wardrobes, 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, part wall tiling and ceiling light.

BEDROOM TWO 10 1" x 9 4" (3.07m x 2.84m) With wooden flooring, two uPVC double glazed windows to the front elevation, fitted wardrobes, over stairs storage cupboard, wall mounted radiator and ceiling light.

BEDROOM THREE 6 11" x 6 5" (2.11m x 1.96m) With wooden flooring, uPVC double glazed window to the rear elevation, wall mounted radiator and ceiling light.

BATHROOM Comprising of a panelled bath with chrome mixer tap and shower attachment over, low flush w.c., pedestal wash hand basin, vinyl floor covering, wall mounted radiator, part wall tiling, opaque uPVC double glazed window to the rear and ceiling light.

EXTERNAL The property enjoys an enclosed rear garden which is mainly laid to lawn with a fenced boundary and secure gate access. There is a double width driveway to the side of the property and leading to a detached single garage with up and over door, power and lighting. The property occupies and enviable plot located within a private driveway shared with just one other property and there are open views to the front.

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

£ 250200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 7500
  • 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

£ 25200
  • 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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