4 bedroom detached for sale

£390,000

4

Bedrooms

2

Bathrooms

1

Reception

Floorplan

Whitegate Gardens is an exclusive development of 9 detached and semi detached, four bedroom properties. Whitegates specialise in quality, bespoke, environmentally friendly options, providing you the perfect sustainable home. Anticipated completion Summer 2022.

Lounge
11 9 x 10 1 (3.576m x 3.076m)
Kitchen Area
Max measurement 12 1 x 19 2 (3.672m x 5.839m)
Max measurement to Family Room
Family Room
Min measurement 11 8 x 19 2 (3.550m x 5.839m)
Open to Kitchen
Utility
5 3 x 8 10 (1.6m x 2.7m)
Bedroom One
11 4 x 10 9 (3.443m x 3.270m)
En-suite
4 10 x 8 4 (1.463m x 2.550m)
Bedroom Two
11 5 x 9 1 (3.469m x 2.767m)
Bedroom Three
8 9 x 9 10 (2.674m x 2.988m)
Bedroom Four
8 9 x 8 10 (2.674m x 2.684m)
Bathroom
8 4 x 8 10 (2.545m x 2.684m)
Integral Garage
16 9 x 8 10 (5.113m x 2.7m)

Whilst every attempt has been made to ensure the accuracy of the floorplan contained here, measurements of doors, windows, rooms and any other items are approximate and no responsibility is taken for any error, omission or miss statement. Internal photographs may well show furnishings, fixtures and fittings which are not included in the sale. These particulars do not constitute an offer contract and have been prepared for guidance only and must not be relied upon as a statement of fact. Area measurements or distances are given as a guide only and are not precise. Boundaries are subject to variation.

This property includes state of the art energy saving technology including:Underfloor HeatingVentilation/Circulation systemSmart ConnectElectric car pointFirst floor Electric Radiators Efficient Boiler SystemSolar Panels Which could save between 30% and 50% per annum on energy bills.

Map location is not available for this property.

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

£ 324450

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
    £ 9750
  • 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

£ 31950
  • 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

Adjust these figures

  %

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.

Notes

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