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£615,000 Guide Price
Bedrooms
Bathrooms
In charming Prestbury, we find this superb four bedroom detached home, with the option of no onward chain.
Tucked away with views across a peaceful green to Cleeve Hill, and a large driveway and ample living space, this could be exactly what youre looking for!
Full Description - Arriving at the private cul-de-sac, we approach the property via a large driveway with a detached double garage, featuring a convenient electric door. The property is fully detached, with a secluded front garden and side access to the rear garden.
The central hallway offers access to the well-proportioned ground floor, with doors to the left leading to a formal dining room, and to the right, into a spacious living room with double doors opening into a sun-filled conservatory. The reception area is a generous space with ample room for a dining area, should you wish, allowing the current dining room to serve other purposes if needed. A downstairs WC and a modern kitchen, also with garden access, complete this floor.
Upstairs, there are four bedroomsthe fourth being more of a single bedrooma family bathroom, and a principal bedroom that boasts a modern ensuite.
The private garden is adored by the current owners, featuring a hot tub and a wooden gazebo, making it ideal for year-round enjoyment.
The views are open and private, and the location is excellent. Prestbury village is just a short stroll away, offering an award-winning butcher, pubs, a brasserie, and conveniences such as a hairdresser, caf, charming village shop, and charity shop. Should the countryside be calling, you are just short walks from the most idyllic scenery. Should you be looking for vibrant Central Cheltenham, it is within walkable distance or a short drive.
This is a superb property with the potential to become a wonderful home. Viewing is highly recommended.
Further Information - Tenure: Freehold
Services: Mains gas, electricity, water and drainage. Gas central heating.
Local authority: Cheltenham Borough Council
Council tax band: F
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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