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£750,000
Bedrooms
Bathrooms
A prime example of what can be achieved with these traditional 1950s property, this truly unique five-bedroom extended family home boasts an established and privately enclosed southerly facing garden, block paved driveway for multiple cars and integral garage.
Finished to exacting standards with highlights to include, wooden floors and doors, bespoke panelling and storage solutions the beautifully presented accommodation in brief comprises; entrance hallway, sitting room with bay window to the front and feature open fireplace. A real showpiece is the extended family kitchen that offers open plan dining area, snug sitting breakfast area and contemporary, high specification kitchen with central island and bi-folding doors to the rear. The side extension has been thoughtfully designed to enable through access to the garden; the integral garage, personal door to the inner lobby with further door to the rear. There is a further cloakroom and useful laundry/utility room on the ground floor. Upstairs are five bedrooms, family bathroom with traditional white suite, additional shower room and separate WC.
To the front is a block-paved driveway providing parking for multiple cars and at the rear, the established and privately enclosed garden has been expertly landscaped to provide a selection of lawn and large sociable patio seating area, creating an idyllic setting in which to relax or entertaining family and friends.
The Beeches is a popular no through estate with the stunning panoramic backdrop of hillside views. Conveniently located within a short walk of the village shops and amenities available in this affluent suburb of Cheltenham, Ravensgate Road is on a bus route as well as enviably located on the edge of playing fields and open countryside.
Viewing comes highly recommended.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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