5 bedroom detached for sale

£350,000 OIRO

5

Bedrooms

Floorplan

Situated in this newly constructed development, this immaculately presented five bedroom detached house makes for the perfect family home and is in move in ready condition. Benefitting from nearly 7 years of NHBC warranty left, the property comprises of a spacious hallway, living room, open plan kitchen/diner with French Doors to the rear garden, utility room and cloakroom to the ground floor. To the first floor there is a generously sized master bedroom with fitted wardrobes and en-suite shower room, a second double bedroom also with fitted wardrobes and three further well proportioned bedrooms alongside the family bathroom. Externally, the property offers a prime, South-West facing rear garden, a double driveway to the front leading to an integral single garage.

HALLWAY 16 7" x 6 4" (5.05m x 1.93m) Accessed via an external door with fitted carpet, wall mounted radiator, stairs rising to the first floor, under stairs storage cupboard and ceiling light.

LIVING ROOM 15 1" x 10 7" (4.6m x 3.23m) With a fitted carpet, uPVC double glazed window to the front elevation, wall mounted radiator, internet access point and ceiling light.

KITCHEN/DINER 21 5" x 9 11" (6.53m x 3.02m) With a range of high and low level units with a rolled edge worktop over with upstand incorporating a one and quarter bowl sink and drainer, integrated electric oven, inset gas hob with stainless steel splash back and extractor hood over, integrated fridge, freezer and dishwasher, wood effect vinyl flooring, uPVC double glazed window to the rear elevation and fitted ceiling spotlights. The dining area has a fitted carpet, uPVC double glazed French Doors to the rear garden, wall mounted radiator and ceiling light.


UTILITY ROOM 6 6" x 5 4" (1.98m x 1.63m) With a range of high and low level units with a rolled edge worktop over with upstand, integrated washing machine and dryer point, wood effect vinyl flooring, wall mounted radiator, external door to the rear garden and ceiling light.

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

LANDING With a fitted carpet, loft hatch and ceiling light.

MASTER BEDROOM 13 6" x 10 10" (4.11m x 3.3m) With a fitted carpet, uPVC double glazed window to the front elevation, wall mounted radiator, fitted wardrobes with sliding mirrored doors and ceiling light.

EN-SUITE Comprising of a double wide walk in shower cubicle with a mains fed mixer bar shower, low flush w.c., pedestal wash hand basin, wood effect vinyl floor covering, part wall tiling, wall mounted radiator, extractor fan, opaque uPVC double glazed window to the front elevation and ceiling light.

BEDROOM TWO 11 7" x 10 7" (3.53m x 3.23m) With a fitted carpet, wall mounted radiator, uPVC double glazed window to the front elevation, over stairs storage cupboard, fitted wardrobes and ceiling light.

BEDROOM THREE 11 8" x 10 (3.56m x 3.05m) With a fitted carpet, wall mounted radiator, uPVC double glazed window to the rear elevation, two additional internet access points and ceiling light.

BEDROOM FOUR 10 2" x 9 3" (3.1m x 2.82m) With a fitted carpet, wall mounted radiator, uPVC double glazed window to the rear elevation and ceiling light.

BEDROOM FIVE 7 2" x 6 11" (2.18m x 2.11m) With a fitted carpet, wall mounted radiator, uPVC double glazed window to the rear elevation and ceiling light.

BATHROOM Fitted suite comprising of a panelled bath with electric shower over, low flush w.c., pedestal wash hand basin, vinyl floor covering, wall mounted radiator, opaque uPVC double glazed window to the side elevation, extractor fan, part wall tiling and ceiling light.

EXTERNAL The property boasts a sought after South-West facing, enclosed rear garden which is laid to lawn with a gravelled area and paved patio. There is a fenced boundary and secure gate access. To the front is a laid to lawn garden, a double width driveway providing off road parking for two vehicles and leading to an integral garage with a roller shutter door, power and lighting.

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

£ 291450

Mortgage Loan to Value

%

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
    £ 8750
  • 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

£ 28950
  • 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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