5 bedroom detached for sale

£1,525,000

5

Bedrooms

3

Bathrooms

Floorplan

A fabulous family home, set in a highly prized location within 1/2 mile of the town centre and train station. With beautifully light and spacious accommodation set within superb gardens and with a recently added garden studio, viewing is a must! EPC D.

The property has fantastic kerb appeal, set back from the road, with a pretty double frontage and a herringbone brick path leading to an oak-framed canopied porch. The entrance hall is a light and welcoming space, and leading off is a gorgeous sitting room, showcasing the refurbished double glazed sash windows that have been upgraded throughout the house, and French doors opening to the terrace and gardens. With picture rails and a pretty fireplace with a feature surround, this room is bursting with original Edwardian charm. Opposite is a further sitting room, currently utilised as a family/playroom, again with lovely features including two refurbished sash windows, a fireplace, and picture rails.

At the rear is a super hub to the home, a light and spacious kitchen/dining room, featuring three sash windows that flood the room with natural light and overlook the landscaped, pretty gardens and terraces. There is ample worktop space, and a good range of shaker style wall and base units. Leading off the kitchen is a large utility room, ground floor shower room, and private study - the ideal workspace away from the main house. There is also a useful garage/store with ample space for bikes and more.

On the first floor, a large landing accesses three good-sized double bedrooms, each beautifully decorated, with the principal room featuring a dressing room leading off. The family bathroom is stunning, with oversized marble-pattern porcelain tiles and a contemporary white suite, including a luxurious double shower.

On the second floor, there are two further bedrooms, perfect for children with quirky rooflines, glorious far-reaching views, excellent storage (and hiding spaces!), and serviced by another beautifully finished bathroom. This bathroom includes a patterned tiled floor, wood paneling, a window to watch the stars from the bathtub, and a contemporary white suite.

Outside, the gardens have been comprehensively re-imagined, with a large gated shingle driveway at the front, behind yew and laurel hedges, along with a smartly kept lawn and a brick pathway leading to the front door, and with good side access. At the rear, the garden is thoughtfully designed for outdoor living and entertaining, with two large terraces capturing sun throughout the day. There are raised planters bursting with lavender and a beautifully manicured lawn. The current owners have made a significant investment in a fantastic studio of over 250 sq ft, with a pair of large bi-fold doors opening to a veranda overlooking the garden. With power, under floor heating, light, and excellent floor space, this is an ideal area for work, hobbies, or play.

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

£ 1278825

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

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
    £ 38125
  • 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

£ 135075
  • 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

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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