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£585,000 Guide Price
Bedrooms
Bathrooms
A deceptively large, detached family home ideally situated within a tranquil cul-de-sac.
Full Description - A beautifully kept, deceptively large, detached family home ideally situated within a tranquil cul-de-sac.
Upon entering the property, you are greeted by an inviting living room. This features a large, curved sash window allowing for an abundance of natural light. There is versatile second reception room featuring an archway which flows into the spacious dining room. The kitchen possesses traditional charm and offers foundations for what could be a superb culinary space.
Upstairs we find four well-appointed bedrooms. The master bedroom features a size-able ensuite including a bath and walk in shower. The first floor is completed with a family bathroom and three generous bedrooms.
Large glass sliding doors are appointed throughout the property to allow for convenient access to the open and well-kept garden. This is a splendid space for keen gardeners!
This handsome property is a prime location for the train station and major motorways such as the A40. Whilst remaining in close proximity to the vibrant Cheltenham town Centre.
The home allows a super opportunity to personalise and modernise, whilst providing ample space for family living. It also boasts wall mounted air conditioning, a large driveway, and garage with space for multiple cars.
Further Information - Services: Mains gas, electricity, water and drainage.
Upgrades
Council tax band: E
Local Authority: Cheltenham Borough Council.
Tel.
Tenure: Freehold
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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