3 bedroom detached for sale

£490,000 Offers over

3

Bedrooms

Floorplan

Partridge Homes are delighted to present this superb three-bedroom detached home, ideally positioned on the ever-popular Monkspath Estate. Immaculately maintained and tastefully decorated throughout, this property offers generous living space and would make an excellent family home. Benefiting from gas central heating, UPVC double glazing, a luxury extended breakfast kitchen, and a modern refitted bathroom, it is ready to move straight into. One of the key highlights is the beautifully landscaped south-facing rear garden, offering the perfect setting for relaxing or entertaining. The accommodation briefly comprises: entrance hall, guest cloakroom, attractive lounge, dining room, luxury fitted breakfast kitchen, utility room, three well-proportioned bedrooms, modern family bathroom, garage, and the impressive rear garden. Internal viewing is essential to fully appreciate the size, layout, and outstanding condition of this fantastic home.

Approach
The property is set back from the road behind a block paved driveway providing off road parking with access to garage, access to rear garden through side gate, and door leading to entrance hallway.

Entrance Hallway
Having door leading to guest w/c, and lounge.

Lounge 4.22m (13 10) x 4.84m (15 11)
Having double glazed window to front, feature fireplace with surround, stairs leading to first floor accommodation, central heating radiator, and opening into dining area.

Dining Area 2.95m (9 8) x 4.67m (15 4)
Having space for dining table and chairs, double glazed doors leading to rear garden, double glazed window to rear, central heating radiator, and door leading to kitchen.

Extended Kitchen 3.24m (10 8) x 6.30m (20 8)
Having an extensive range of luxury fitted units, comprising of an inset one and a half bowl sink unit with side drainer, cupboards beneath, a range of base and wall cupboards, fitted appliances including a dishwasher, larder fridge and freezer, AEG double oven, microwave, four ring induction hob with Zanussi extractor hood over, ceramic tiled floor, ample space for a breakfast table, feature double glazed roof lantern, recessed lighting, UPVC double glazed window with views over the rear garden, central heating radiator, TV point, power points, UPVC double opening French doors leading out onto the patio and further door leading utility room.

Utility 2.80m (9 2) x 2.42m (7 11)
Having gas central heating boiler, plumbing for a washing machine, central heating radiator and access into the garage.

W/C 0.71m (2 4) x 1.58m (5 2)
With low flush wc, wall mounted wash hand basin with tiled splashback, ceramic tiled floor and UPVC double glazed window.

First Floor Accommodation
Landing
With hatch to the roof space which has been insulated and with loft ladder, UPVC double glazed window, power points and doors leading to bedrooms and bathroom.

Bedroom One 3.27m (10 9) x 2.82m (9 3)
UPVC double glazed window, central heating radiator, extensive range of luxury fitted wardrobes, bedside drawers and power points.

Bedroom Two 2.88m (9 5) x 3.40m (11 2)
UPVC double glazed window, central heating radiator, two free standing double wardrobes, bedside drawers and power points.

Bedroom Three 2.38m (7 10) x 2.47m (8 1)
Having UPVC double glazed window, and central heating radiator.

Bathroom 2.21m (7 3) x 1.84m (6 0)
Being fully tiled, having a panelled bath with power shower over, shower screen, low flush wc, vanity wash basin with cupboards beneath, vanity light and mirror over, UPVC obscure glazed window, recessed lighting, extractor fan and heated towel rail.

Outside
Garden
The property enjoys a superb south facing rear garden which must be seen to be appreciated, having a large paved patio, shaped lawn, flower borders, shrubs, evergreens, rockery, fountain, Pergola, timber shed, external lighting and tradesman entrance to the side.

Garage 2.71m (8 11) x 2.57m (8 5)
The garage has currently been split into a storage area and utility area and having an up and over door to the front.



Features
  • Freehold

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

£ 406950

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
    £ 12250
  • 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

£ 39450
  • 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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