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£650,000
Bedrooms
Bathrooms
Council tax band: F
Michael Nicholas Estate Agents are delighted to offer to the market this executive style 'David Wilson' detached family home.
Nicely positioned within the ever sought after 'Church Lane', viewing is highly recommended to fully appreciate all on offer.
Upon entry you will find an entrance hallway, large lounge, separate dining room, kitchen/breakfast room, conservatory, study, utility area and cloakroom.
To the first floor can be found 4 bedrooms with the master having full en-suite facilities and fitted wardrobes.
Externally the gardens are well tended, enclosed and mainly laid to lawn with various flower beds and borders. To the front is a double garage and parking for several vehicles.
Further benefits include gas central heating and double glazing.
The property is close to all major road networks, schools and the shopping facilities at Downend and Emersons Green.
Early viewing is advised to fully appreciate the quality of this all round home.
Tenure:
We understand the property has a freehold tenure, this will be confirmed via your solicitor prior to exchange of contracts.
From our office in Downend travel onto Badminton Road traveling towards the Avon Ring Road. Take a left turn into Aintree Drive bearing left at the T junction. Take the 2nd right into Church Lane where number 65 can be found set back on the left hand side.
Entrance
Enter via composite double glazed door into entrance hallway.
Entrance Hallway
Radiator, 2 under stairs storage cupboards, coved ceiling, doors to:
Lounge
19 9 x 11 3 (6.03m x 3.45m) Double glazed box bay window to front, 2 radiators, TV point, coved ceiling, electric living flame fire with surround, back & hearth, double glazed sliding patio doors to rear garden.
Dining Room
11 3 x 9 11 (3.44m x 3.05m) Double glazed sliding doors to conservatory, radiator, coved ceiling, double doors to hallway, door to kitchen/breakfast room.
Conservatory
18 9 x 8 10 (5.73m x 2.7m) Wood effect flooring, double glazed surround, glass roof with fitted blinds, radiator, spot lighting, double glazed door to garden.
Study
8 7 x 7 7 (2.64m x 2.34m) Double glazed window to front, radiator, coved ceiling, built in storage cupboards, loft access to further storage.
Cloakroom
Obscure double glazed window to side, 2 piece suite comprising of low level WC, wash hand basin, tiled splash back, radiator.
Kitchen/Breakfast Room
11 2 x 10 3 (3.42m x 3.14m) Double glazed window to rear, wood effect floor, radiator, fitted with a range of wall and base units with matching stone work top surfaces over, inset 1 1/2 bowl sink drainer unit with mixer tap over, built in oven, microwave, hob & extractor, inset spot lighting, built in dishwasher, built in fridge/freezer, part tiled walls, opening through to utility area.
Utility Area
Matching wood effect flooring, cupboards housing space for washing machine, space for condensing tumble dryer, wall mounted boiler, part double glazed door to side.
Landing
Spindled balustrade, radiator, loft access to a part boarded loft with lighting, doors to:
Bedroom 1 (En-Suite)
10 4 x 11 4 (3.15m x 3.47m) (Measured to wardrobes). Double glazed window to rear, radiator, a good range of full width fitted wardrobes, radiator, door to en-suite.
EN-SUITE
Obscure double glazed window to side, 3 piece suite comprising of low level WC, pedestal wash hand basin, tiled shower cubicle, matching wood effect floor, tiled splash backs, heated towel rail, extractor fan.
Bedroom 2
10 8 x 9 7 (3.27m x 2.95m) (Measured to wardrobes). Double glazed window to rear, radiator, built in wardrobes.
Bedroom 3
11 5 x 7 11 (3.5m x 2.42m) Double glazed window to rear, radiator, built in wardrobes.
Bedroom 4
11 5 x 8 0 (3.5m x 2.45m) (Max). Double glazed window to front, radiator.
Bathroom
Obscure double glazed window to side, a modern re-fitted suite comprising of bath with shower system over, a combination low level WC & wash hand basin with mixer tap & cupboard below, fully tiled walls, heated towel rail, wood effect floor, extractor fan, inset spot lighting.
Front Garden
Area of stone chippings, flower beds & borders, outside light, car charging point, paved pathway to side & entrance, driveway providing off street parking for up to 3 vehicles, further area of stone chippings to side ideal for vehicles/motorhome or caravan.
Double Garage
17 1 x 15 10 (5.22m x 4.84m) Personal door to side access, electric up and over door, light and power, storage above.
Rear Garden
Paved patio, area to side for storage, mainly laid to lawn with various borders of flowers, shrubs & bushes.
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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