3 bedroom detached bungalow for sale

£475,000

3

Bedrooms

2

Bathrooms

Floorplan

Just a five-minute walk from Chesterfield Town Centre, your new home at The Shrubberies combines Woodall Homes€™ signature design and beautiful finishes with cutting-edge smart home energy technology.

The Foxglove is an executive three-bedroom bungalow set within a private gated development. Each of the bedrooms at this smart home enjoys abundant natural light. The principal bedroom also includes an en-suite bathroom and a generous wardrobe and dressing space. Moving through the home you will then find the large family bathroom and open-plan living and dining space with French doors out onto the enclosed rear garden. A separate kitchen with Quartz worktops and integrated appliances complete the home, flowing seamlessly through to an additional utility space. Off-street parking at the front of the home, as well as a private garage, make for a home to suit all your needs.

The Shrubberies has been designed to offer the highest levels of energy, cost-saving and environmental performance. Each home comes with an intelligent home automation and heating system coupled with renewable energy generating solar panels and battery storage. This complete home energy management system utilises self-learning technology to adapt to your household€™s daily routine and preferences. Minimising energy bills and the environmental impact of your home by only using the energy you need at its lowest possible cost and carbon intensity.

Available Plots

Plot 1 - reserved

Plot 9 - 475,000

Location

Close to the town centre, for all your leisure and lifestyle needs, and just a stone€™s throw from Linacre Reservoirs and the Peak District beyond, you€™re right where you need to be for every day of your future.



Features
  • Freehold

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

£ 394575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

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
    £ 11875
  • 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

£ 38325
  • 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

Adjust these figures

  %
  %
£
  %

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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