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£525,000
Bedrooms
Bathrooms
Executive detached family home offering light and spacious, stylish accommodation situated in this highly aspirational locality within the renowned Littleover Secondary School, Wren Park Primary School catchments and within close proximity to Derby High School for girls and boys together with Derby Grammar School, and within easy walking distance of the Royal Derby Hospital as well as close road links to the A50 / A38. This exemplary property, is located on a sizeable south facing landscaped plot with the frontage (offering the possibility to extend as well as erect a double garage and extend the parking subject to local authority planning consents) surrounded by Yew hedging offering a degree of privacy. A full inspection is essential to appreciate the location, size of accommodation and wealth of appointments on offer. In brief; reception hall with feature cathedral style ceiling, Wc and utility room, sitting room, well equipped dining kitchen with family area, and study. On the first floor a landing leads to four double bedrooms (principal bedroom with shower room en-suite) and main bathroom with four piece suite. Outside is ample car parking leading to an integral brick garage and established gardens. Freehold. Council Tax Band Band E. Energy Rating C.
Reception Hall - Having timber and opaque double glazed entrance door, UPVC double glazed windows to front and side aspects, feature cathedral style ceiling, oak flooring, radiator, understairs storage cupboard and turned spindle staircase to first floor.
Utility Room - Having space and plumbing for automatic washing machine, space for dryer, laminated rolled edge working surface with fitted base cupboard, slate effect ceramic tiled floor, tiled splash backs and ceiling extractor fan.
Guests Cloak Room/Wc - Having modern contemporary white two piece suite comprising; low centre flush wc and floating wall mounted wash hand basin with complimentary ceramic tiled splash backs, contrasting slate effect tiled floor, wall mounted extractor fan, radiator and UPVC opaque double glazed window to front aspect.
Sitting Room - 4.75 x 3.81 (157' x 125') - Having feature oak flooring, television and media connection points, radiator and UPVC double glazed window to front aspect.
Study - 2.30 x 2.01 (76' x 67') - Having feature oak flooring, radiator and UPVC double glazed window to rear aspect.
Dining Kitchen - 5.81 x 3.81 (190' x 125') - Having a range of natural oak shaker style fitted wall, base and drawer units with contemporary brushed chrome handles, laminated rolled edge working surfaces, complimentary ceramic tiled splash backs with contrasting slate effect tiled floor, integrated four ring electric hob with electric fan assisted oven and grill, integrated larder fridge, freezer and dish washer, inset stainless steel sink top with vegetable preparation bowl, side drainer and hot and cold mixer tap, two radiators, concealed Gloworm wall mounted combination gas boiler, UPVC double glazed windows to side and rear aspects with UPVC double glazed French doors to rear garden.
First Floor Landing - With turned spindle balustrade, radiator, access to roof space and airing cupboard (housing the pressurised hot water cylinder).
Bedroom One - 3.88 x 3.36 (128' x 110') - Having a range of built in wardrobes, radiator, television connection point and UPVC double glazed window to rear aspect.
Shower Room/En Suite - Having modern contemporary white three piece suite comprising; low centre flush wc, floating wall mounted wash hand basin and recessed tiled shower cubicle with chrome and glass bi-fold shower door, chrome mains fed shower, complimentary polished ceramic part tiled walls, radiator, shaver socket, ceiling extractor fan and UPVC opaque double glazed window to rear aspect.
Bedroom Two - 3.83 x 2.74 (126' x 811') - Having radiator and UPVC double glazed window to front aspect.
Bedroom Three - 3.56 x 2.55 (118' x 84') - Having built in wardrobe, radiator and UPVC double glazed windows to side and rear aspects.
Bedroom Four - 3.81 x 2.73 (125' x 811') - Having built in wardrobe, radiator and UPVC double glazed window to front aspect.
Main Bathroom - 2.85 x 1.70 (94' x 56') - Having modern contemporary white four piece suite comprising; low centre flush wc, floating wall mounted wash hand basin, deep double ended panelled bath with chrome shower attachment and mixer tap over and tiled shower cubicle with mains fed shower together with a chrome and glass shower cabinet and door, complimentary polished ceramic part tiled walls, radiator, shaver socket and UPVC opaque double glazed window to side aspect.
Outside - The property occupies a sizeable mature landscaped south facing plot, at this highly aspirational address. To the front, the property enjoys a feature hedged boundary together with a lawned fore garden and block paved driveway giving car standing space for approximately three/four cars. The driveway (which has the facility to erect electric motorised gates with conduit for cabling already in situ) in turn leads to the integral brick garage, measuring internally 5.64 x 2.74m, having up and over door, two double glazed windows, rear internal personal door and supplied with power and light. The south facing landscaped rear garden, is enclosed by brick walling together with close panelled fencing, laid to a sweeping shaped lawn with Cotswold style patio area, specimen conifers, cold water tap, electric outside socket and garden lighting.
Please Note - For added security purposes, a burglar alarm system has been installed.
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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