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£515,000 Offers in excess of
Bedrooms
Bathrooms
Council tax band: E
Michael Nicholas Estate Agents are proud to offer to the market this beautifully presented family home which was built by Redrow Homes in 2021
This light and spacious home briefly comprises the following accommodation.
Once inside you will be greeted with a welcoming entrance hallway with access to the cloakroom, utility cupboard and a quality fitted kitchen/dining room with access to the rear garden via the feature bi-folding doors.
On the first floor you will find the generous lounge with access to the balcony. On addition this floor offers a large bedroom 2 and the family bathroom.
From the top floor landing you access the large master bedroom with fitted wardrobes, full en-suite and 'Juliette balcony doors' You will also find the two further generous bedrooms.
Further benefits include double glazing, side by side off street parking, well tended gardens, garage and the remainder of the NHBC guarantee.
The property is within walking distance of the highly regarded Frenchay Church Of England Primary School, Frenchay Common with its vast open green space and with access leading into the woodland and river walks. All major road networks are also very close by.
Further Information:
The properties EPC is band B.
Further Information:
Please note: The owner of this property would consider purchasing the property of a buyer interested in buying Mustoe Road. This is subject to the style/location/price and lessor value'.
Tenure:
The vendor has advised us that this property is of a freehold tenure. This information is yet to be confirmed. Purchasers should obtain information of this from their solicitor prior to exchange of contracts.
An estate charge of approximately 170 per year is applicable.
As you travel along the A4174 towards Hambrook, turn left at the Hambrook traffic lights onto Bristol Road. Continue along until you reach the Frenchay Park development on the left hand side, you turn in to Alexander Road.
Then take the first turning right in to Merton Road, then next right into Mustoe Road. Follow along and around, number 48 can be found set back on the left hand side.
Entrance
Enter via double glazed composite door into entrance hallway.
Entrance Hallway
Wood effect flooring, radiator, storage cupboard with lighting, utility cupboard with space for washing machine, work top & shelving above, door to cloakroom, door to kitchen/dining room, stairs to first floor.
Cloakroom
Matching wood effect floor, radiator, 2 piece suite comprising of low level WC, wall hung wash hand basin with mixer tap filler, tiled splash backs, extractor fan.
Kitchen/Dining Room
17 3 x 12 7 (5.27m x 3.85m) Feature double glazed bi-folding doors with electric blinds to rear garden, matching wood effect floor, radiator, inset spot lighting. Fitted with a range of wall and base units with matching work top surfaces over, built in fridge/freezer, built in double oven, hob & extractor above, 1 1/2 bowl sink drainer unit with mixer tap over, cupboard housing boiler, radiator.
Landing
Stairs rising to 2nd floor landing, radiator, doors to:
Lounge
17 3 x 11 8 (5.28m x 3.57m) Double glazed doors to balcony, additional double glazed window to front. TV point, radiator.
Balcony
Enclosed by glass balustrade and ironwork railings, decked floor.
Bedroom 2
17 3 x 12 1 (5.28m x 3.7m) Double glazed window to rear, radiator.
Bathroom
3 piece suite comprising of low level WC, wall hung wash hand basin with mixer tap filler, bath with mixer tap filler & shower system above, part tiled walls, heated towel rail, fitted mirror, shaver point, extractor fan.
Landing
Double glazed window to side, radiator, loft access, cupboard housing tank, doors to:
Bedroom 1 (En-Suite)
15 3 x 11 8 (4.66m x 3.57m) (Measured to wardrobes). Double glazed doors to 'Juliette' balcony, additional double glazed window to front, radiator, built in wardrobes, door to en-suite.
EN-SUITE
3 Piece suite comprising of low level WC, wall hung wash hand basin with mixer tap filler & mirror above, tiled shower cubicle, shaver point, heated towel rail, extractor fan.
Bedroom 3
12 4 x 9 10 (3.77m x 3.03m) (Measured into recess). Double glazed window to rear, radiator.
Bedroom 4
12 10 x 7 1 (3.93m x 2.17m) Double glazed window to rear, radiator.
Front Garden
Bin store, paved area to entrance, outside lighting, side access.
Off Street Parking
Driveway providing off street parking for 2 vehicles leading to garage.
Garage
20 0 x 9 9 (6.12m x 2.99m) Up and over door, power and lighting.
Rear Garden
Paved patio area leading to lawn, various flower beds & borders, trees, side gated access to front.
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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