6 bedroom detached for sale

£1,150,000 Guide Price

6

Bedrooms

3

Bathrooms

Floorplan

Randalls Residential Estate Agents. A distinctive detached village home in excellent order enjoying a quiet semi-rural position within catchment of The Priory school.

Reception hall, lifestyle kitchen/dining/family room, sitting room, utility room, cloakroom, master bedroom with en-suite shower room, guest bedroom with en-suite shower room, four further first floor bedrooms and family bathroom, second floor playroom/study/bedroom 7, integral double garage, gardens.

EPC Band C.

Basingstoke 6 miles
Newbury 13 miles
London Waterloo via Basingstoke station, 45 minutes

Situation

The property is located on Old Vyne Lane, a small unadopted no-through lane off a quiet lane in West Heath, a rural settlement between the villages of Ramsdell and Baughurst to the north of Basingstoke. The property is within catchment of the highly regarded Priory primary school. There is a popular village shop and caf with Charter Alley, churches in Ramsdell and Baughurst and pubs in Baughurst and nearby Wolverton. Basingstoke offers a comprehensive range of leisure, recreational and education facilities. Commuting is excellent with Junction 6 of the M3 being within a short drive, and with the mainline station in Basingstoke providing fast and frequent services to London Waterloo from 45 minutes.

The property

Jays is an impressive, individual, detached, modern village home which offers spacious and flexible family accommodation extending to about 2,834 sq.ft in all. It has a large garden and enjoys a quiet position with an open aspect to the rear.

On the ground floor, the front door opens to the spacious reception hall from which the staircase rises and turns to the first-floor landing, with cloakroom off. The heart of the house is undoubtedly the exceptional lifestyle kitchen/dining/family room. This is a light filled room with skylights and large bi-fold doors opening to the decking and overlooking the rear garden. It is comprehensively fitted and has a large island creating a number of distinct areas. To one side an opening that could have double doors, leads to the dual aspect sitting room with stone surround fireplace. There is also a utility room with a door to the double garage.

On the first floor, both the master and guest bedrooms have en-suite shower rooms. There are four further bedrooms and the family bathroom. On the second floor, there is a spacious playroom/study/bedroom 7.

For further details, please refer to the floorplan

Outside

The property is set back from the lane and is approached over a gated driveway which provides ample parking for a number of cars and access to the integral double garage. The front garden itself is fully enclosed with mature hedging on either side and laid to lawn.

To the rear, the garden is again fully enclosed and largely laid to lawn with a number of flower and shrub beds and borders. It enjoys great privacy and overlooks a wildflower meadow to the rear. There is a large, raised area of decking, two sheds, a hot tub and a greenhouse.

Services
All mains services are connected. Gas central heating. Underfloor heating to the ground floor.

Local authority
Basingstoke and Deane Borough Council

Viewing
By prior appointment through Randalls Residential on

Post Code RG26 5LF

Map location is not available for this property.

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

£ 950200

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

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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
    £ 28750
  • 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

£ 87700
  • 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.

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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

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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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