4 bedroom detached for sale

£1,350,000 Guide Price

4

Bedrooms

4

Bathrooms

Floorplan

Randalls Residential Estate Agents. An exceptional brand new individual detached barn-style home with a very large garden sold off plan

Reception hall, sitting room, dining room, family room, kitchen/breakfast room, utility room, master bedroom with en-suite dressing room and shower room, guest bedroom with en-suite shower room, two further bedrooms, family bathroom, secret study. double garage, gardens.

Basingstoke 6 miles
M3 (j 6) 7 miles
London Waterloo from Basingstoke from 45 minutes
London Paddington from Bramley from 51 minutes.

Situation

Bow Street is a select development located off The Street close to the popular The Barn cafe and farm shop in Lantern Courtyard. Bramley itself is a popular Hampshire village located some 6 miles to the north of Basingstoke. In addition to The Barn, the village has a primary school, a shop, a bakery and a public house.

There is a branch line railway station within the village giving access to Basingstoke and Reading and thence to Waterloo and Paddington respectively. There is good access to the A33 which provides easy access to the M3 and M4 at Basingstoke and Reading respectively, and both these larger towns offer a comprehensive range of leisure, educational and recreational facilities.

The property

This exceptional development of just four traditionally built detached houses by Fenton Homes is nearing completion. The overall site extends to about 2 acres. The layout follows traditional farmyard arrangements typical for Bramley with a tight-knit, rectilinear courtyard arrangement and a prominent farmhouse. 4 Bow Street is an attractive home built in the style of a converted barn which offers flexible accommodation extending to about 2750sq.ft.

On the ground floor, the front door opens to a spacious reception hall from which the staircase rises and turns to the galleried first floor landing. To one side is the triple aspect sitting room, whilst to the other are the dining room and the study. The dual aspect kitchen/breakfast room has bi-fold doors opening to the rear terrace. It is fully fitted and has an island. There is also a utility room and a cloakroom.

On the first floor, the master bedroom has an en-suite dressing room (with secret study off) and shower room. The guest bedroom also has an en-suite shower room. There are two further bedrooms and the family bathroom.

For further details please refer to the floorplan.

Outside

The extensive gardens extend right around the property. To the front, they are landscaped and the paved driveway provides parking in front of the dattached double garage. To the sides and rear the garden is enclosed and laid primarily to lawn with a wide paved terrace.

Local authority
Basingstoke and Deane Borough Council

Services
Mains water, electricity and drainage. Air source heat pump with underfloor heating to the ground floor and radiator heating to the first floor.

Tenure
Freehold with small management charge to cover communal drive area. 10 year warranty.

Viewing
By appointment with Randalls Residential Estate Agents in Basingstoke.

Post code: RG26 5DE

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

£ 1125200

Mortgage Loan to Value

%

Gross Yield

%

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
    £ 33750
  • 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

£ 112700
  • 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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