5 bedroom detached for sale

£1,000,000

5

Bedrooms

Floorplan

Patrick Williams present this detached 5 bedroom spacious family home located in a non estate location and backing onto Calcot Park Golf course.

This substantial home offers convenient access to the local amenities on foot and by car but remains private within its mature grounds.

Entrance to the property is via a driveway shared by two other properties from the A4 Bath road, a separate gated driveway then provides access into the properties grounds which boast a large mature plot with ample parking and turning space for multiple cars. There is a single and generous double garage, which has a store room/basement below accessed via a ramp to the rear of the garage.

Upon entry to the main property you have a large entrance hallway with parquet floor and lots of natural light from the widows to the front aspect. Stairs lead from the hallway to the first floor with doorway access to the living room, dining room, kitchen and study. The main living space is dual aspect with a feature fireplace and internal double doors to the dining room which allows this space to be either separate or integrated with the living space when hosting gatherings/parties. To the rear you have the sun room with sliding doors, this then provides access to the indoor pool and the utility room. Two internal windows provide extra visibility from the living room through into the pool room. The sunroom overlooks the rear garden and links to the pool room. The pool room has a basement plant room with a separate boiler, this room can be locked for safety of children. The pool is in very good condition and is currently drained. This was a purpose built addition to the main residence with a tiled floor and vaulted white clad ceiling. The pool room has seating space for multiple people and also has double doors to the rear garden. The kitchen has good visibility over the rear garden and has dining space in addition to the formal dining room. The kitchen can be accessed via the entrance hallway or via the utility room which is located towards the rear of the property. The utility room has the added benefit of a cloakroom. The office is a generous size with a large window to the front elevation overlooking the driveway.

The first floor is accessed via a galleried staircase and landing which opens to the five bedrooms, the main boasting an en suite four piece bathroom and the separate family bathroom.

Outside the grounds surround the property giving a feeling of separation and space, access to the rear garden is both from the main house and externally from the driveway to either side of the property. The rear garden is landscaped and mature with a large patio perfect for al-fresco dining. A retaining wall wraps around the patio with steps up onto the lawn. This property backs onto Calcot Park golf course so remains private to the rear without the risk of development over the tranquillity of the golf course. A range of mature shrubs and trees are planted providing walkways through the garden allowing enjoyment of the different seating areas, lawn and pond.

EPC rating: B. Tenure: 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

£ 818950

Mortgage Loan to Value

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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
    £ 25000
  • 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

£ 68950
  • 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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