3 bedroom detached for sale

£410,000

3

Bedrooms

2

Bathrooms

2

Reception

Floorplan


This outstanding detached house in Castle Court, constructed in 2019 with the remaining 10-year build warranty, is perfectly located just a short stroll from Portland Marina and the National Sailing Academy. Offering an ideal layout for families across three floors, the property boasts three bedrooms, two bathrooms, a welcoming lounge, a generously sized kitchen-dining room, a convenient cloakroom, and a charming glass room. Outside, the property features sunny, easy-to-maintain gardens and includes two designated parking spaces.

Ground Floor
Upon entering through the front door, youll find yourself in the spacious kitchen-dining room, which benefits from abundant natural light due to its dual aspect design. The kitchen is thoughtfully equipped with integrated appliances including a fridge/freezer, dishwasher, washer dryer, gas hob, and double electric oven. At the rear of the kitchen, theres a delightful glass room, perfect for enjoying sunny evenings. Connected to the kitchen are two additional areas: a welcoming dual aspect lounge and the inner hallway with a conveniently located cloakroom.
First Floor
The first floor of this property features two double bedrooms. Additionally, on this level, youll find the family bathroom, complete with a bath and shower combination, a wash hand basin, and a close-coupled WC.
Second Floor
Ascending to the second floor, youll discover the principal bedroom, which again is a bright room offering a dual aspect. This impressive room comes with the benefit of an en-suite shower room with shower cubicle, wash hand basin, and WC.
Outside
Outside, this delightful property boasts easily manageable front and rear gardens that have been thoughtfully landscaped, featuring a combination of durable hard paving and artificial lawn. The rear garden is securely enclosed by stone walling, ensuring a high level of privacy, making it the perfect setting for outdoor entertaining and alfresco living. Additionally, the property includes two designated car parking spaces conveniently situated on the side.
Kitchen Dining Room
18 0 x 12 3 (5.48m x 3.73m)
Lounge
14 8 x 12 0 (4.47m x 3.65m)
Cloakroom
7 1 x 5 0 (2.16m x 1.52m)
First Floor Landing
Bedroom 2
11 8 x 11 7 (3.55m x 3.53m)
Bedroom 3
12 2 x 10 6 (3.71m x 3.20m)
Family Bathroom
7 2 x 6 3 (2.18m x 1.90m)
Second Floor Landing
Bedroom 1
11 8 x 11 7 max (3.55m x 3.53m)
En-Suite
6 11 x 5 1 (2.11m x 1.55m)
Service Charges
We understand service charges are approximately 420 per annum.

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

£ 340950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 10250
  • 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

£ 33450
  • 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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