3 bedroom detached for sale

£350,000

3

Bedrooms

1

Bathrooms

Floorplan

Discover this enchanting 3-bedroom detached house. Boasting a generous corner plot on a tranquil cul-de-sac, this property exudes a sense of privacy and charm. Enter into an inviting interior featuring a large open plan lounge and dining room, perfect for entertaining and relaxing. The ground floor is further complemented by a convenient downstairs WC, enhancing the functionality of the living space. Ascend the staircase to find three spacious double bedrooms, offering ample accommodation for a growing family or guests. Outdoors, the property shines with its expansive wrap-around gardens providing a delightful haven for outdoor activities. The south-facing patio garden beckons for al fresco dining and basking in the sun, creating an idyllic setting for relaxation.

Embrace the allure of the outdoors in the expansive outside space that complements this property. Admire the lawn gardens that grace the front and side of the property that offers scope to extend or add a conservatory (subject to relevant planning), offering a vibrant and lush backdrop to the residence. To the rear, a charming patio area invites lounging and outdoor gatherings, while a shed provides storage for gardening essentials or outdoor equipment. The 2.4m x 5.7m detached garage is a practical addition, perfect for storing vehicles or doubling as a workshop space. Functional elements such as the wall-mounted Worcester Boiler, consumer unit, and light and power points bring convenience to daily living. The side driveway accommodates 2/3 cars, ensuring ample parking space for residents and visitors alike. Discover the perfect blend of indoor comfort and outdoor allure in this delightful property, offering a harmonious living experience in a tranquil village setting.
EPC Rating: E

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

£ 291450

Mortgage Loan to Value

%

Gross Yield

%

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
    £ 8750
  • 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

£ 28950
  • 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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