4 bedroom detached for sale

£700,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

Randalls Residential Estate Agents. An excellent modern four bed, three bath detached family home in a small, gated development in an exclusive quiet residential road with a south facing garden, off street parking, garage and within walking distance of the town centre and train station.

Reception hall, sitting room, kitchen/breakfast room, dining room, cloakroom, master bedroom with en suite shower room and dressing room, guest bedroom with en suite shower room, two further bedrooms, family bathroom, garden, garage, parking.

M3 J6 1 mile
London Waterloo from 45 minutes

Situation

This property is located in a small and select gated development in Cliddesden Court which is located just off Cliddesden Road, deemed to be one of the premier residential roads in Basingstoke, close to Queen Marys College and within walking distance of both the Festival Place shopping centre and the main line railway station.

Basingstoke has a comprehensive range of leisure, recreational and educational facilities and is well located for ease of communication to London, either by car on the M3, or by rail with fast and frequent services to Waterloo.

The property

Cliddesden Court is one of just five houses built to an excellent specification in this small, gated development by Hazeley Developments in 2011. It offers well-presented four bedroom accommodation which extends to about 1661 sq.ft and has a private south facing rear garden, garage and off street parking.

On the ground floor, the front door opens to the reception hall from which the staircase rises to the first floor. The dining room overlooks the front with a large opening leading to the kitchen/breakfast room. The kitchen is comprehensively fitted with a useful breakfast bar and overlooks the rear garden. The sitting room, also overlooking the rear garden and has a fireplace with fitted log burner and French doors oping to the rear patio and garden. There is also a cloakroom and garage.

On the first floor, the master bedroom has en suite shower room and walk in wardrobe. There is also a guest bedroom with an en suite shower room, two further bedrooms and the family bathroom.

For further information, please refer to the floorplan.

Outside

The property is approached over a gated private driveway from Cliddesden Court. There is brick paved drive providing parking for two cars in front of the house and access to the garage.

To the rear, the garden is fully enclosed and level and enjoys a southerly aspect. There is a large paved terrace adjoining the house, a lawn with side borders for plants and shrubs, a garden shed and gated pedestrian access to the front with side doors to both the kitchen and garage.

Services
All mains services are connected. Gas central heating.

Local authority
Basingstoke and Deane Borough Council

Viewing
By prior appointment through Randalls Residential on

Postcode
RG21 3ES

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

£ 580200

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
    £ 17500
  • 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

£ 55200
  • 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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