5 bedroom detached for sale

£560,000 Guide Price

5

Bedrooms

2

Bathrooms

Floorplan

Occupying a prime location fronting quiet and protected woodland is this stunning five bedroom detached executive family home.

The layout of the property is perfect for a family, especially on the ground floor. The living room to the left of the hall is particularly generous, allowing for comfy sofas so everyone can spread out.

At the heart of the home is the spacious, stylish kitchen and dining area. Its bright light beams in from two sets of French doors which gives access straight outside for al fresco dining. Theres extensive storage to taupe cabinetry, topped with quartz granite worktops Integrated appliances include integrated Electrolux fan assisted electric oven with separate grill, AEG canopy style extractor hood, integrated Beko dishwasher, and space for a freestanding fridge/freezer. Although the kitchen is expansive already, owners of the same house type have extended to the rear.

The family dining area is perfectly connected to the kitchen and has space for the biggest of sofas, ideal for the kids to play, do their homework or for your guests to relax whilst you cook up a storm.

The utility room is fitted in the same style as the kitchen, and this has more storage and surfacing, space for a washing machine and a tumble dryer, as well as an access door to the side for bringing the washing in and out.

To the right of the living room is a further reception room which could make a home, office a cosy snug, ideal as a playroom, games room or quiet reading room. And further along the hallway you can freshen up in the cloakroom, with wash basin and WC.

Upstairs are five bedrooms, with four being doubles and the fifth, a generous single. There are fitted wardrobes in Bedroom one which also has en suite bathroom for convenience. The en suite and the family bathroom are contemporary, with white suites, chrome fixtures and fittings, and neutral decor.

To the front of the property, theres off-road parking for two cars side by side on the driveway in front of the double garage as well as the option to park vars in the garage. This part of Clos Meurug is unrestricted, so theres the option for overflow on the road and theres little through traffic where this home is located.

Wine and dine on the composite decked terrace, accessed from the kitchen and dining room, overlooking the lush green lawn where the children can play. There is an additional bark play area and a further separate BBQ area to the side of the property finished off with composite decking and decorative stones.

MATERIAL INFORMATION Site charge will be payable when the site is finished and will be approx 200 per annum.

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Property Highlights:
New build with 6 years left of NHBC
Move in and enjoy, or personalise the space to suit your style over time.
Family home that you can grow into

''Disclaimer - Property details are provided by the home owner and not independently verified. Buyers should seek their own legal and survey advice. Property descriptions, room measurements and room photos are for guidance only. Olivia Louise estate agents accepts no liability for inaccuracies or related decisions.

''Please note: Buyers are required to pay a non-refundable Anti Money Laundering administration fee of 30 inc vat per person''



Council Tax Band: G (Cardiff Council)
Tenure: Freehold

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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

£ 464700

Mortgage Loan to Value

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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

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 14000
  • 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

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£

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

£ 44700
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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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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