5 bedroom detached for sale

£575,000

5

Bedrooms

2

Bathrooms

Floorplan

OVERVIEW Presenting this well-proportioned detached house, ideally positioned on a generous plot on Chesham Grove. Conveniently located in the highly sought after Meir Park, this property is close to nearby schools and local amenities, making it an excellent choice for families seeking a spacious family home.

The accommodation features five double bedrooms, including a principal bedroom with en-suite facilities.. Two well-appointed bathrooms provide both a shower and a bath in each, catering effortlessly to the needs of a family.

The home offers three versatile reception rooms, including a formal dining room, and a main reception with a charming inglenook fireplace, garden views, and direct access to expansive gardens surrounding the residence on all four sides. The kitchen features a central island, a utility room, and dedicated dining space, creating a practical and sociable setting for daily living.

For convenience, the property benefits from ample driveway parking and a double garage with up and over doors. This house comes to market with the additional advantage of no onward chain.

Desirable features such as the beautiful fireplace, extensive gardens, substantial parking, and a double garage complement the spacious and flexible accommodation. This detached house offers an outstanding opportunity for families eager to secure a substantial home in a sought after location within Stoke-on-Trent.

PORCH 8 5" x 8 0" (2.57m x 2.46m) Entered via a hardwood front door with glazed side panels and floor to ceiling window to the side elevation, ceramic tiled floor.

ENTRANCE HALL 18 2" x 11 11" (5.54m x 3.65m) An impressive entrance hall with stairs leading up to the first floor, two radiators.

WC 7 7" x 3 5" (2.33m x 1.05m) Comprising; low level WC and hand wash basin, window to the front elevation, radiator.

RECEPTION ROOM/STUDY 14 11" x 11 11" (4.55m x 3.64m) Having bow bay window to the front elevation, radiator.

DINING ROOM 14 11" x 9 10" (4.55m x 3.00m) Window to the side elevation, radiator.

LIVING ROOM 19 11" x 14 11" (6.09m x 4.55m) A spacious reception room with beautiful exposed brick inglenook fireplace, patio doors to the side elevation opening onto the garden, wood effect laminate flooring, radiator.

KITCHEN 16 3" x 14 11" (4.97m x 4.55m) Fitted with an extensive range of wall and base units with worksurface over which incorporates a sink unit and drainer, integrated double oven and hob with extractor hood, integrated fridge freezer, space and plumbing for dishwasher, breakfast dining area, window to the rear elevation, radiator.

UTILITY ROOM 15 8" x 10 10" (4.78m x 3.31m) Fitted with wall and base units with worksurface over which incorporates a sink unit and drainer, space and plumbing for washing machine and tumble dryer, window to the rear elevation, door giving access to the garden, radiator.

LANDING 28 2" x 12 0" (8.59m x 3.67m) Spacious mezzanine landing, loft access.

BEDROOM 20 2" x 15 7" (6.15m x 4.75m) Two windows to the front elevation, two radiators.

BEDROOM 15 8" x 13 8" (4.80m x 4.17m) Window to the rear elevation, radiator.

BEDROOM 17 11" x 11 11" (5.48m x 3.65m) Two windows to the rear elevation, radiator.

ENSUITE 14 11" x 7 7" (4.55m x 2.32m) A generously sized en-suite with five piece suite comprising; low level WC, pedestal hand wash basin, panelled bath, shower unit and bidet, window to the side elevation, dressing area, radiator.

BEDROOM 14 11" x 11 11" (4.55m x 3.64m) Having bow bay window to the front elevation, radiator.

BEDROOM 13 5" x 11 11" (4.11m x 3.65m) Window to the rear elevation, radiator.

BATHROOM 14 11" x 9 10" (4.55m x 3.00m) Five piece suite comprising; low level WC, pedestal hand wash basin, corner bath, shower unit and bidet, window to the side elevation, radiator.

EXTERNAL The property sits on a generously proportioned plot with block paved driveway to the front providing ample parking for a number of vehicles. The gardens extend to all four sides of the property with turfed lawn, paved patio and BBQ area.

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

£ 477075

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
    £ 14375
  • 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

£ 45825
  • 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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