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£625,000
Bedrooms
Bathrooms
Michael Nicholas Estate Agents are proud to offer to the market this Attractive and Outstanding Detached Family home. Located within the highly sought after Lyde Green development and set within this pleasant position the property is worthy of an internal inspection to fully appreciate the accommodation on offer.
Once inside you will find a central entrance hallway with access to the lounge, study, kitchen and utility/cloakroom. From the well appointed kitchen you will find access a separate dining room with access to the rear garden.
To the first floor can be found 4 bedrooms and a family bathroom. The master bedroom has a good selection of fitted wardrobes, full en suite facilities and a pleasant front aspect
Externally the rear garden is mainly laid to lawn with borders housing a variety of shrubs/plants/bushes and trees. There is a paved patio and decking area to enjoy the westerly aspect on offer. There is also a recessed area housing space for a shed and side gated access leading to the driveway, To the front is a garden area and a driveway to the side leading to the DOUBLE GARAGE..
Further benefits include gas central heating and double glazing throughout.
Viewing is highly recommended to fully appreciate all on offer.
General information:
The development has great commuter access with the A4174 linking to the motorway network, there is also a network of cycle paths linking to business destinations such as Abbey Wood, Filton Air industry and Aztec West as well as being within a short distance of the Metrobus facility within Lyde Green.
The immediate area around Lyde Green & Emersons Green is well served with facilities, schools and shops, including independent outlets and Sainsburys. The David Lloyd Centre is just a short distance away. Along the Avon Ring Road is Gallagher Retail Park boasting an M&S, Next, Boots and more.... The nearby area is also well served with pubs and restaurants.
The owner has confirmed the property is freehold. There is an annual development charge of approximately 240.00 per year to contribute to the upkeep of the communal development areas. This information will be confirmed by the solicitors during the legal process.
As you enter the Lyde Green Developmet, follow along Willowherb Road taking the 1st turning right into Honeysuckle Road. Take the 2nd turning on the right Cornflower Road and follow to the end, bear left and then left again, number 6 can be found on the left hand side.
Map location is not available for this property.
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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