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£385,000 Guide Price
Bedrooms
Bathrooms
385,000 - 400,000 (Guide Price)
Set within landscaped grounds and finished to an exceptional standard, the property has been finished to an impeccable standard with upgrades throughout; it suits todays modern family and provides ample living a dining space alongside well-proportioned bedrooms.
Youll love the ground floor layout, with a fabulous breakfast kitchen fully integrated with a breakfast bar and an adjoining utility room flooded with natural light. A bay-windowed lounge further complements the ground floor with double doors leading to the separate dining room, an ideal space for hosting in a more formal setting. Overlooking the fantastic landscaped rear is a garden room with folding doors, and a further study offers flexibility to be utilised to suit your individual needs.
The first floor is accessed via a stunning "Neville Johnson" oak staircase leading you to the four well-appointed bedrooms; they are all excellent sizes offering fitted wardrobes and accompanied by a family bathroom with a three-piece suite. An incredible principal bedroom features its own en-suite shower room alongside fitted furniture. The property has been significantly upgraded with features such as an oak staircase, a fireplace in the lounge and fitted blinds throughout.
To the rear is a beautifully maintained garden with a lawn and patio area; it creates a superb space for children to play and, alongside the garden room, a perfect space for adults to entertain.
Situated in the sought after area of Barlborough, you are located a short distance from many local shops and amenities; transport links are excellent with great access to the motorway network. Highly regarded schools for all ages are within the area, with plenty of green spaces for the family to enjoy.
EPC Rating: D
Parking - Garage
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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