Are you an Estate Agent? Register here
£570,000
Bedrooms
Bathrooms
IMMEDIATE POSSESSION - NO UPWARD CHAIN. A substantial modern executive detached family home having been structurally extended to provide substantial accommodation. This large family home is situated in one of Allestrees sought after locations on a sizeable mature plot and is sited within the renowned Ecclesbourne secondary school catchment area. The property benefits from gas central heating together with UPVC double glazing and is competitively priced to reflect the upgrades required. In brief; Wide reception hall, guests cloakroom / Wc, light and spacious sitting room with dining area together with entertaining / family media room, kitchen, utility room and study / home office. On the first floor a landing leads to four double bedrooms (En-suite to principal bedroom) and shower room. Outside. The property stands in mature gardens with ample car parking and double garage with further large brick workshop and garden store. The property is sold Freehold. Council tax band G. Energy rating D.
Wide Reception Hall - L shaped and having a composite entrance door, laminated wood effect floor, radiator, two wall light points, storage cupboard and staircase to first floor.
Guests Cloakroom / Wc - Having modern white two piece suite comprising; concealed flush wc and wash hand basin nestling on a white high gloss vanity unit, complimentary marble effect tiled walls with contrasting floor, white enamel heated towel rail and UPVC opaque double glazed window.
Sitting Room - 8.56 x 3.90 (281' x 129') - Having a laminated wood effect floor, radiator, three wall light points and UPVC double glazed window to front aspect. The sitting room flows through to the:-
Entertaining / Family Media Room - 7.18 x 3.21 extending to 7.14 (236' x 106' exten - L shaped and having a built in entertaining bar, laminated wood effect floor, three radiators, ceiling halogen down lighters, wall light point, UPVC double glazed window to side aspect and full width double glazed sliding patio doors with picture windows giving view and access over the mature private, south facing rear garden.
Dining Room -
Home Office - 3.31 x 2.37 (1010' x 79') - Having a laminated wood effect floor, radiator and UPVC double glazed window to front aspect.
Kitchen - 4.38 x 2.50 extending to 3.66 (144' x 82' extend - Having a range of wall and base cupboards with laminated working surfaces, inset stainless steel gas hob with electric oven and grill, laminated wood effect floor and UPVC double glazed window to rear aspect.
Utility Room - 3.06 x 2.06 (100' x 69') - Having tiled walls, wall and base cupboards, space and plumbing for automatic washing machine, laminated wood effect floor, door to garage and UPVC opaque double glazed door to rear aspect.
First Floor Landing - With access to roof space.
Principal Bedroom - 4.69 x 2.91 plus wardrobe depth (154' x 96' plus - Having a range of built in wardrobes, laminated wood effect floor, radiator and UPVC double glazed window to rear aspect.
En-Suite - Having white three piece suite with tiled walls and floor, radiator and UPVC double glazed window to front aspect.
Second Bedroom - 4.64 x 3.21 (152' x 106') - Having built in wardrobes, radiator and UPVC double glazed window to rear aspect.
Bedroom Three - 3.60 x 2.92 (119' x 96') - Having built in wardrobes, radiator and UPVC double glazed window to rear aspect.
Bedroom Four - 3.46 x 2.83 (114' x 93') - Having built in wardrobes, radiator and UPVC double glazed window to front aspect.
Shower Room - Having white three piece suite with tiled walls and floor, chrome heated towel rail and UPVC opaque double glazed window front aspect.
Outside - The property occupies a substantial south facing plot at this sought after address. To the front is a mature lawned fore garden having an array of conifers, shrubs and trees, with an adjacent sweeping driveway giving car standing space for approximately four/five cars, which in turn leads to the double garage, measuring internally 5.62 x 4.69m, having electronic motorised up and over door, Worcester wall mounted gas boiler together with pressurised hot water cylinder, rear internal personal door and supplied with power and light. To the side of the property, a wrought iron access gate and pathway leads to the large mature, south facing rear garden, enclosed by close panelled fencing, laid to a sweeping shaped lawn with patio area, deep filled mature shrubbed borders, large brick built workshop/store (5.44 x 2.94m, having melamine panelled walls, supplied with power and light and havingUPVC double glazed windows).
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.
The Property has been saved to your favorites
/ 5
It's quick and easy