3 bedroom detached for sale

£525,000 Offers over

3

Bedrooms

1

Bathrooms

Floorplan

Evening walks in the countryside, this home is surrounded by peace and quiet in a semi-rural and picturesque area, this exquisite 3-bedroom detached house offers a tranquil retreat from the hustle and bustle of city life. The property boasts a spacious layout, including a conservatory, downstairs WC, and a lounge complete with a cosy log burner, spacious Dining room that could be used as a downstairs fourth bedroom. The open-plan kitchen features a large island perfect for culinary enthusiasts, entertaining guests or simply enjoying a morning coffee in the breakfast area. Upstairs, three double bedrooms with fitted wardrobes provide ample space, while a stunning four-piece bathroom suite with a freestanding bath adds a touch of luxury.

Stepping outside, you are greeted by a large mature lawn garden with multiple patio seating areas, ideal for soaking up the sunshine or enjoying al fresco dining. The two-tier lawn garden areas showcase flower borders and a small allotment area for those with green fingers. The house patio seating area is perfect for summer outdoor meals, while a second seating area at the back of the garden under a pergola provides a peaceful retreat. Additional features include power points, plus hot and cold water taps, offering convenience for outdoor activities. A double garage with lights is a handy addition along with storage room, providing ample storage space or potential for a workshop, garage measuring an impressive 5.4m x 5.0m. A driveway at the front leads to the rear of the property, where a double garage and a separate parking area offer convenience for multiple vehicles, ensuring ample space for you and your guests.


EPC Rating: D

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

£ 435825

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

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
    £ 13125
  • 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

£ 42075
  • 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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