3 bedroom detached for sale

£280,000 Offers in excess of

3

Bedrooms

2

Bathrooms

Floorplan

This BEAUTIFUL detached house, is located in a SOUGHT AFTER AREA ideal for families and CLOSE TO LOCAL SCHOOLS, features three well-proportioned bedrooms, a converted garage as potential additional living space, large reception rooms a light-flooded NEW AND MODERN Open-Plan Kitchen/Dining Room, utility room, two bathrooms, a PRIVATE rear garden, and a new driveway- MOVE IN READY!!

The house showcases three bedrooms, two of which are doubles and one is a single. The bedrooms are all well-proportioned with ample space for furnishings. In addition, the garage area has been converted with windows and could potentially be changed into a fourth bedroom/playroom/office or home gym, offering an additional flexible living space.

The property boasts a large front lounge, which is a separate space adorned with large windows that allow for plenty of natural light, creating a bright and welcoming atmosphere. A welcoming hallway with feature arch window making a light and airy space.

The unique feature of this house is its Modern open-plan kitchen, flooded with natural light and again a feature window area over the staircase. It includes a dining space and a breakfast area, perfect for family meals or entertaining guests, with French doors leading onto the rear garden.

The kitchen is the heart of this home, envisioned to bring the family together in a warm and inviting space, connected to the Utility room, which offers access to the private rear garden/patio area.

The property also includes two bathrooms, one of which is a convenient downstairs WC. Other unique features of this house include a beautiful garden perfect for relaxing, and a new driveway providing off-street parking.

This property is located in a very desirable area with great nearby schools, making it perfect for families. With a Council Tax Band C, this property is an affordable choice for those looking to reside in a well-connected, family-friendly location. This house is truly a perfect blend of modernity and tradition, ready to become your new home.

''''Call us NOW to arrange a VIEWING!!!''''

EPC rating: D. Tenure: 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

£ 233700

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 7000
  • 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

£ 23700
  • 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.

Notes

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