4 bedroom detached for sale

£340,000 Offers over

4

Bedrooms

1

Bathrooms

Floorplan

Welcome, welcome, potential homeowners! Get ready to fall in love with this 4 Bedroom Detached House thats more than just a house - its a four-bedroom detached palace fit for royalty! Picture this: a double extension, keeping it twice as spacious and twice as fabulous. With not one, not two, but four reception rooms, this place has more rooms than most of the four bedroom houses on the development. Then theres the guest WC - perfect for when your visitors pop round for your soon to be famous outdoors BBQs

Now lets talk bedrooms! Three doubles and a cheeky single, perfect for a growing family or for collecting more clothes than you can wear in a lifetime. Now the bathroom - complete with His and Hers sinks because even your toothpaste deserves a side of its own.

Step outside and be prepared to be wowed by the low-maintenance garden, perfect for those with a not-so-green thumbs but still, want to enjoy the great outdoors. Wooden decking seating areas for sipping your morning brew, a BBQ square seating area for those impromptu grill sessions with friends or family, and patio space for when you want to soak up some rays. With stone borders adding that touch of rustic charm, this outdoor space is like a little slice of paradise right in your own backyard. And lets not forget the large corner plot driveway leading to your very own garage theres even enough room to do a 3 point turn. The garage has up and over doors that practically roll out the red carpet for your chariot, this is more than a driveway - its your very own red-carpet entrance to homeownership.

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

£ 283200

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
    £ 8500
  • 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

£ 28200
  • 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

Adjust these figures

  %
  %
£
  %

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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