5 bedroom semi-detached for sale

£325,000 Guide Price

5

Bedrooms

2

Bathrooms

2

Reception

Floorplan

NEW PRICE NOW Guide Price 325,000 TO 350,000
''BASSALEG SCHOOL CATCHMENT''RENOVATED SEMI-DETACHED PROPERTY''FIVE BEDROOMS''MASTER EN SUITE''LOUNGE''STUDY''OPEN PLAN KITCHEN DINING FAMILY ROOM''CONTEMPORARY FAMILY BATHROOM''LANDSCAPED REAR GARDEN''DRIVE FOR THREE CARS''

Pinkmove are pleased to present this lovely five bedroom semi-detached property situated on Greenfield Road in Newport. This property is located close to local amenities and is also near the well-regarded High Cross Primary School and is in Bassaleg School catchment. There is also easy access onto the M4 which is suitable for commuters to Cardiff or Bristol. This beautiful property has been extended and fully renovated throughout and finished to a high standard.

Downstairs the property has the benefit of under floor heating, all through the house there is new floors and carpets laid as well as new internal and external doors. Outside the front of the property there is off road parking for three cars on the drive, steps with a mosaic design lead up to the front door, and a path leads round into the rear garden.

You enter the property through the new front door and come into the hallway with access to all the ground floor rooms and up to the first floor. On the left is the main living space, the room is lovely and light with ample room for all the required living furniture. Along the hall is the open plan kitchen family room. This is a generous sized room, lovely and light with space for a seating area as well as room for a large dining table and chairs. The kitchen is from Wren and newly fitted, it is modern with the dark and light grey fitted units, it comes with integrated appliances as well as having the benefit of a breakfast bar area and ample work surface. From here the rear garden can be accessed via French doors. Just off the hall is the useful utility room, which also houses the new boiler and a downstairs newly installed W.C.

Upstairs in the property are the five bedrooms and bathroom. There are four double bedrooms and a single room, with the master bedroom benefiting from an en suite shower room. The family bathroom is also brand new with a white bathroom suite with WC, hand basin and bath with shower overhead.

The rear garden is accessed via the kitchen, it has recently undergone landscaping, there is a large decked area, ideal for garden furniture, on the lowest tier, then steps take you up to the large artificial lawn, the garden is fully enclosed.

We have been advised by the seller the following details pertaining to this property. We would encourage any interested parties to seek legal advice to confirm such details prior to purchase

Council Tax Band - C

Tenure - Freehold



Hallway
Living Room
11 11 x 13 1 (3.64m x 4m)
Kitchen/Diner
30 2 x 11 11 (9.2m x 3.63m)
Study
8 6 x 10 4 (2.59m x 3.16m)
Utility room
3 5 x 4 9 (1.05m x 1.46m)
WC
3 7 x 5 0 (1.1m x 1.52m)
Landing
Bedroom 1
6 4 x 6 6 (1.94m x 1.98m)
Bedroom 2
11 6 x 11 10 (3.51m x 3.6m)
Bedroom 3
8 10 x 11 10 (2.69m x 3.6m)
Bedroom 4
10 3 x 9 9 (3.13m x 2.98m)
Bedroom 5
8 6 x 8 7 (2.59m x 2.62m)
Bathroom
5 9 x 8 6 (1.74m x 2.6m)


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

£ 270825

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
    £ 8125
  • 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

£ 27075
  • 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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