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£575,000 OIRO
Bedrooms
Bathrooms
Council tax band: C
Michael Nicholas Estate Agents have great pleasure in bringing to the market this EXTENDED and FANTASTIC 1930's style Family home.
Positioned on the ever popular Badminton Road within the heart of Downend, the property is a short walk to the pretty High St with it's array of shops/pubs/restaurants as well as having excellent connectivity to the A4174 and motorway networks. The property MUST BE viewed to fully appreciate the scale of the accommodation on offer, however in brief the property offers the following.
Upon entry you will be greeted with a traditional style entrance hallway which then leads through into a well proportioned lounge with bay window and wood burning stove. From here access leads into a modern fitted kitchen/breakfast room with integrated appliances. Furthermore there is a large feature window and glass door which leads into the family room/sun room/dining room. This space is a great size and very light, it's got access to the rear garden and a door leading into the connected further accommodation.
The side extension to the house measures in excess of 50ft in length and comprises the following further accommodation. There is a good size utility room, shower room, additional room with a private door to the front driveway and a further bedroom/study with doors to the rear garden. This space flows really well with the existing living space, however should the next owner wish it could (subject to usual permissions) be used as a separate living space for a dependent relative or young person living independently from the main house.
To the first floor can be found 3 traditional style bedrooms ( 2 large doubles and a single) and a modern fitted family bathroom.
Externally the WOW factor continues with the 125ft WEST facing rear garden. It's mainly laid to lawn with various plants/shrubs/bushes and trees. There are several seating positions to enjoy the aspect on offer and the garden is fully enclosed. To the front is a block paved driveway providing off street parking for 2 vehicles.
Further benefits include, gas central heating, double glazing (installed in October 2021) and a solar panel system which is owned outright and sold with the property. The owner informs us that it is on the feed-in-tariff and earns approximately 600-700 per year (not verified by Michael Nicholas)
The prospect of buying this property is a great one, rarely do properties with so much to offer come to the Downend market, therefore early viewing is advised to appreciate all on offer - VIEW NOW!
From our office in Downend, proceed through the shops and the Cleeve traffic lights onto the continuation of Badminton Road, number 63 can be found a short distance on the left hand side.
Entrance
Enter via composite double glazed door into entrance hallway.
Entrance Hallway
Radiator, stairs to first floor, tiled floor, double glazed window to front, meter cupboard, coved ceiling, ceiling rose, under stairs storage cupboard, doors to:
Lounge
16 10 x 12 4 (5.16m x 3.76m) (Measured into box bay & recess). Double glazed box bay window to front, radiator, wood effect laminate floor, feature wood burner with oak mantle above, coved ceiling, ceiling rose, double doors to kitchen/breakfast room.
Kitchen/Breakfast Room
19 1 x 10 2 (5.85m x 3.13m) Matching wood effect laminate floor. The kitchen is modern in style and fitted with a range of wall and base units with matching work top surfaces over, built in oven, gas hob & extractor over, inset 1 1/2 bowl stainless steel sink drainer unit with mixer tap over, built in dishwasher, built in fridge/freezer, coved ceiling, part tiled walls, spot lighting, large feature double glazed window to rear and a matching double glazed door to family room/sun room/dining room.
Family Room/Sun Lounge/Dining Room
16 10 x 12 0 (5.15m x 3.66m) Matching wood effect laminate flooring, twin sky lights, double glazed windows to rear, double glazed patio doors to rear garden, radiator, spot lighting, door to side extension and further accommodation.
Utility Room
9 10 x 9 5 (3.01m x 2.88m) Oak flooring, double glazed window to side, radiator. Fitted with a modern range of wall and base units with matching work top surfaces over, space for washing machine, stainless steel sink drainer unit with mixer tap, cupboard for solar equipment, part tiled walls, door to bedroom 4/study, opening to lobby area leading to the shower room and additional reception room.
Bedroom4/Office
11 9 x 9 4 (3.6m x 2.88m) Matching oak flooring, double glazed window to side, double glazed door to rear garden, radiator.
Inner Lobby
Matching oak flooring, oak doors to shower room & additional room.
Shower Room
Tiled flooring, part tiled walls, 3 piece suite comprising of low level WC, wash hand basin with mixer tap filler, large tiled shower cubicle, inset spot lighting, extractor fan, heated towel rail.
Additional Room
22 1 x 8 4 (6.75m x 2.56m) Composite door to front, oak floor, twin sky lights, radiator.
Landing
14 10 x 10 4 (4.53m x 3.15m) Double glazed window to side, coved ceiling, ceiling rose, doors to:
Bedroom 1
14 10 x 10 4 (4.53m x 3.15m) (Measured into bay and to wardrobes). Double glazed box bay window to front, oak flooring, range of built in furniture including wardrobes, cupboards, shelving, dressing table and drawers. Radiator, loft access, ceiling rose, coved ceiling.
Bedroom 2
11 8 x 12 3 (3.58m x 3.74m) Double glazed window to rear, radiator, coved ceiling, ceiling rose.
Bedroom 3
7 9 x 6 3 (2.38m x 1.92m) Double glazed window to front, radiator, coved ceiling, ceiling rose.
Family Bathroom
Obscure double glazed window to rear, wood effect floor, radiator, fully tiled walls, white 3 piece suite comprising of bath with mixer tap filler & shower system over, low level WC, pedestal wash hand basin with mixer tap filler, spot lighting, extractor fan.
Front Garden
Block paved driveway providing off street parking for 2 vehicles, steps leading to entrance with matching patio area to both sides, 2 entrance doors into property, outside light, raised flower bed borders, various shrubs & bushes.
Rear Garden
WEST FACING.
The garden comprises a paved patio area leading to extensive lawn. The garden measures approximately 125ft in length it's established with a range of shrubs/bushes and trees. There are raised sleeper vegetable plots, greenhouse and an outside tap. The garden is fully enclosed and a truly wonderful space for the whole family to enjoy.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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