4 bedroom detached for sale

£409,950

4

Bedrooms

2

Bathrooms

Floorplan

TAKE THE VIDEO TOUR OF YOUR NEXT HOME! On the instructions of JS Bloor Homes. My Pad Phillips & Co are delighted to offer this stunning detached family home, situated at their highly prestigious Bramble Gate development in Mickleover. This superior property has 11,000 worth of upgrades added to further enhance its already high specification.
In brief; Reception hall, guests cloakroom / Wc, light and spacious sitting room, well equipped dining kitchen with fashionable family area, separate utility room. On the first floor a landing leads to four generous bedrooms (Principal bedroom having fitted wardrobes and shower room en-suite) and family bathroom with four piece suite. Outside, the property occupies a delightful landscaped corner position with two / three car driveway to rear (having fitted electric vehicle charging point) leading to a detached brick garage. The property is sold freehold. Council tax band. Energy rating B. PLEASE ASK ABOUT FURTHER BUYING INCENTIVES.

Reception Hall - Having feature composite and opaque double glazed entrance door, wood grain effect vinyl floor, understairs storage cupboard, radiator and staircase to first floor.



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, wood grain effect vinyl floor, radiator and ceiling extractor fan.

Sitting Room - 6.16 x 4.23 (202' x 1310') - Having television and media connection points, radiator and UPVC double glazed square bay window to side aspect together with a UPVC double glazed window to front aspect.









Dining Kitchen/Family Media Room - 6.16 x 4.41 reducing to 3.23 (202' x 145' reduci - Having a range of custom fitted soft close wall, base and drawer units with marble effect laminated working surfaces, matching splash backs, inset granite composite sink top with vegetable preparation bowl, side drainer and hot and cold mixer tap. The kitchen boasts a range of integrated appliances to include an AEG stainless steel four burner gas hob with matching electric fan assisted double oven and grill, canopy extractor hood with down lighter, integrated larder fridge, freezer and dish washer, wood grain effect vinyl floor, ceiling LED down lighters, two radiators, UPVC double glazed windows to both front and side aspects with UPVC double glazed French doors giving views and access over the landscaped garden.









Utility Room - 2.19 x 1.61 (72' x 53') - Having a fitted soft close base cupboard with marble effect laminated working surface, matching splash back, space and plumbing for automatic washing machine, space for dryer, Ideal wall mounted combination gas boiler, radiator and wall mounted extractor fan.

First Floor Landing - With access to roof space and full height storage cupboard,

Principal Bedroom - 3.52 x 3.28 (116' x 109') - Having a quality built in wardrobe, radiator and UPVC double glazed window to side aspect. A door leads to the:-



Shower Room/En Suite - Having modern contemporary white three piece suite comprising; low centre flush wc, floating wall mounted wash hand basin and walk in double shower with feature fixed head mains fed drench shower together with hand held shower attachment, chrome and glass shower screen and door, complimentary tiled splash backs with contrasting wood grain effect vinyl floor, ceiling extractor fan, LED down lighters, chrome heated towel rail and UPVC opaque double glazed window to side aspect.

Bedroom Two - 3.30 x 3.29 (109' x 109') - Having a radiator and UPVC double glazed window to side aspect.

Bedroom Three - 3.39 x 2.82 (111' x 93') - Having a radiator and UPVC double glazed windows to both side and front aspects.



Bedroom Four - 2.80 x 2.60 (92' x 86') - Having radiator and UPVC double glazed window to front aspect.

Main Bathroom - Having modern contemporary white four piece suite comprising; low centre flush wc, floating wall mounted wash hand basin, deep panelled bath with chrome shower attachment and mixer tap, together with a hand held shower attachment and walk in double shower with chrome mains fed shower, chrome and glass shower screen and door, shaver socket, complimentary tiled splash backs with contrasting wood grain effect vinyl floor, ceiling extractor fan, ceiling halogen lighters, chrome heated towel rail and UPVC opaque double glazed window to front aspect.



Outside - The property occupies a professionally landscaped corner plot at this highly aspirational address. To the front and side are open plan and shrubbed gardens with a driveway to the rear giving cars standing space for two/three cars (the driveway enoys a fitted electric car charging point). The driveway in turn leads to the detached brick garage, having up and over door and pitched tiled roof space. A side access gate leads to the landscaped rear garden, enclosed by close panelled fencing together with brick walling, laid to a shaped lawn with patio area, pathway, established shubs and trees.







Features
  • Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 340908.75

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 10248.75
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 33446.25
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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