3 bedroom semi-detached for sale

£270,000

3

Bedrooms

1

Bathrooms

Floorplan

Step into a home where modern comfort meets everyday practicality, perfectly situated in the desirable Archer Drive, Derby. This delightful three-bedroom house, built to a quality specification by Bloor Homes in 2021, offers a welcoming atmosphere and spaces that work hard during the week and welcome you home at the weekend. Its a residence designed for contemporary family life, offering a blend of style and functionality that truly resonates.
Upon entering, youll immediately appreciate the thoughtful layout and attention to detail. The heart of this home is undoubtedly the modern fitted kitchen-diner, a bright and inviting space equipped with premium integrated appliances, making meal preparation and entertaining a true pleasure. French doors seamlessly connect this culinary hub to the rear garden, extending your living space outdoors and inviting natural light to flood the room.
For added convenience, theres a separate utility area, perfect for keeping household chores neatly tucked away, alongside a practical downstairs cloakroom. The main reception room provides a comfortable and versatile space for relaxation or gathering with loved ones, offering room to grow, host, or simply unwind. The property benefits from an excellent EPC Rating of B, highlighting its energy efficiency, and is equipped with a CCTV and alarm system for enhanced peace of mind.
Ascending to the first floor, youll find three well-proportioned bedrooms. The principal bedroom is a peaceful retreat, featuring fitted wardrobes and its own en-suite bathroom, providing a private sanctuary for added comfort and privacy.
The remaining bedrooms are versatile, ideal for children, guests, or a dedicated home office, all served by a well-appointed family bathroom. Externally, this home truly shines with its private rear garden, a space made for lazy Sundays and outdoor enjoyment.
To the side of the property, a convenient driveway offers parking for two vehicles, a valuable asset in any family home. Located in Archer Drive, youre well-connected, yet quietly tucked away, with easy access to local amenities, schools, and transport links, making daily commutes and errands straightforward.
This property offers a fantastic opportunity to acquire a stylishly updated home designed for comfort and convenience. Internal viewings are highly recommended to fully appreciate the quality and charm this property has to offer. The Council Tax Band is C.

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

£ 225450

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

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 6750
  • 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

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£

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

£ 22950
  • 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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