4 bedroom detached for sale

£450,000

4

Bedrooms

2

Bathrooms

Floorplan

Step inside this hidden gem tucked away in a quiet cul-de-sac on Pennington Drive. This 4-bedroom detached house is sure to charm you from the moment you arrive. The spacious living room, dining room, and sunlit conservatory offer the perfect blend of relaxation and entertainment spaces. The kitchen breakfast room, complete with an island for casual dining, beckons you to unleash your inner chef. With a separate utility and convenient downstairs WC, this home effortlessly combines practicality with style. Upstairs, youll find 4 good-sized bedrooms, including an ensuite to the master bedroom, as well as a family bathroom. The property also boasts a driveway, garage, and a generously sized rear garden, ideal for hosting summer BBQs or simply unwinding after a long day. Enjoy the convenience of being just a stones throw away from Newton station, the High Street, and the motorway network, making this residence a true treasure waiting to be discovered.

Outside, the charm continues with the front of the property boasting a lush lawn, a double block-paved driveway providing ample parking space, and easy access to the garage. The generously sized rear garden is a true oasis, featuring a brick-paved patio perfect for al fresco dining, a well-maintained lawn where children and pets can play freely, mature borders adding a touch of natural beauty, a door leading to the garage for added convenience, and gated side access for extra privacy. Whether youre hosting a summer soiree or simply enjoying a quiet morning coffee, this outdoor space offers endless possibilities for you to create your own personal haven right at home. Dont miss out on this unique opportunity to own a property that truly offers the best of both worlds - modern living with plenty of space and timeless charm in a prime location. Ready to move in and waiting for you to make it your own.
EPC Rating: C

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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

£ 373950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

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
    £ 11250
  • 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

£ 36450
  • 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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