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£575,000
Bedrooms
Bathrooms
This stunning executive family home spans three floors, offering generously proportioned and thoughtfully designed living spaces throughout. Situated on a spacious corner plot in the charming village of Colsterworth, the property boasts a detached double garage along with off-road parking for up to six vehicles.
Inside, the accommodation includes an entrance hall, cloakroom with WC, living room, dining room, study, breakfast kitchen, and utility room. The upper two floors comprise six bedrooms, featuring a principal suite complete with a walk-in wardrobe and en-suite shower room. At the rear, a private, walled garden offers a lawn bordered by mature shrubs, a paved patio, and a covered pergola providing additional outdoor seating.
Access to the home is via a double glazed front door beneath a storm porch, leading into a welcoming entrance hall. Understairs storage has been expertly converted into a comms room housing the Cat6a wired networking hub that extends throughout the house and garage. The bright, triple aspect living room features dual windows, French doors opening onto the garden, wooden flooring, and a modern wood burner. At the front of the house are two further reception rooms, both with bay windows currently used as a cozy snug with master telephone and TV points and a cinema room/second snug. The well equipped breakfast kitchen boasts soft close cabinetry, roll top work surfaces, a ceramic sink with filtered water tap, NEFF double ovens, a five-ring gas hob with stainless steel splashback and extractor, plus integrated BOSCH fridge freezer and dishwasher. Dining space is ample, with ceiling spotlights and French doors leading to the garden. The utility room continues the kitchens cabinetry and includes plumbing for laundry appliances.
Upstairs, the first floor hosts four spacious bedrooms, two king sized and two doubles and a family bathroom. The principal suite on this floor enjoys triple aspect views, a fitted walk-in wardrobe and a large four-piece en-suite. The top floor features a generous galleried landing that doubles as a study, along with two additional bedrooms. One is a vast super king suite, complete with a dormer window at the front, skylight to the rear, double fitted wardrobes and a sleek en-suite shower room.
EPC rating: C. Tenure: Freehold,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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