5 bedroom detached for sale

£1,225,000 Guide Price

5

Bedrooms

3

Bathrooms

Floorplan

Randalls Residential Estate Agents. A stylish and spacious contemporary village home in excellent order enjoying a quiet semi-rural position with open views. No onward chain

Spacious reception hall, lifestyle kitchen/dining/sitting room, sitting/cinema room, utility room, ground floor bedroom with en-suite shower room, cloakroom, galleried landing, master bedroom suite with dressing area and en-suite bathroom room, two further double bedrooms, study/bedroom 4, family bathroom, detached double garage with cloakroom and gym above (ideal annexe potential), gardens, in all, about 0.4 acre.
EPC Band E.

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

Situation

The property enjoys a secluded position off a quiet lane on the edge of Charter Alley, a small village to the north of Basingstoke. The property is within catchment of the highly regarded Priory primary school. There is a shop and a pub in the village and churches in Ramsdell and Baughurst and pubs in Baughurst and 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

Lindfields is a beautiful contemporary home set in a tranquil, quiet yet convenient location with views overlooking open countryside. The house is private with electric gates to access the front driveway. There is a large overhanging front porch which leads into the generous hallway. The house is light and bright throughout with open plan living at the core of this home, it allows for light to pass through with contemporary architectural features throughout. The large open plan kitchen/dining/sitting area overlooks the rear garden and fields beyond, with a vaulted ceiling and a hallway bridge connecting the rooms above. The sitting area which is open plan to the kitchen and breakfast room also has a contemporary wood burner. There is a further sitting room/cinema room and downstairs dual aspect en-suite bedroom taking in the views over the Hampshire countryside. A utility room, downstairs cloakroom and plant room for the smart appliances completes the ground floor.

Upstairs, off of the gallery landing, there are three sized double bedrooms, a family bathroom and an excellent study/bedroom 5 with a Juliet balcony. The principal bedroom has a dressing room and an en-suite bathroom with twin vanity sinks. There is ample storage in each bedroom and on the landing.

Outside

The double garage is insulated. There is a downstairs cloakroom that can be accessed internally or directly from the garden. Upstairs in the garage this triple aspect room is light and bright and is currently used as a gym.

The triangular gardens extend right around the house enclosed on two sides by a combination of hedging and fencing and bordered to the rear by a gentle flowing stream adjoining open farmland. The gardens extend to around 0.42 acres and have been landscaped to provide a number of distinct areas, with lawns, decking/patio area, vegetable garden and slate shingle driveway.

Services
Mains water, electricity and drainage. LPG heating.

Local authority
Basingstoke and Deane Borough Council
Council tax band G

Viewing
By prior appointment through Randalls Residential

Agents note
The photographs were taken whilst the property was furnished and the furniture has now been removed.

Post Code
RG26 5PY

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

£ 1015825

Mortgage Loan to Value

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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
    £ 30625
  • 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

£ 97075
  • 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.

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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

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  • 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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