4 bedroom detached for sale

£750,000 Offers over

4

Bedrooms

3

Bathrooms

3

Reception

Floorplan

An impressive and beautifully presented four double bedroom detached executive home, offered with a stunning open plan bespoke inframe kitchen and diner, garden room, separate lounge, study, modern bathrooms throughout, two well-appointed en suites and family bathroom, delightful landscaped front and rear gardens, off road parking and a double garage, situated close to the heart of Aston Fields village centre, near to Bromsgrove train station.The property is approached via a driveway providing off road parking with access into the double garage, and an attractive and mature front garden. Once inside, the good-sized welcoming reception hallway leads off to; a guest cloakroom; a study, a lounge with feature fire place, the stunning and generously proportioned bespoke inframe kitchen/diner that was installed in 2021, with patio doors to the rear garden and integrated appliances including a fridge and a freezer, dishwasher, two ovens, induction hob and extractor; and a handy utility room with an external door.Stairs from the hallway lead up to the first floor landing where doors radiate off to; the master bedroom with a large bay window, built-in wardrobes and a well-appointed modern en suite shower room; double bedroom two with a built in wardrobe and modern en suite shower room, bedrooms three and four; and the modern family bathroom with a shower situated over the bath.Outside, the property enjoys a delightful south west facing rear garden that has been designed to be low maintenance.Aston Fields is a small village located to the west of Bromsgrove. With close proximity to the M5 (junctions 4 and 5), M42 (junction 1), and Bromsgrove train station within very easy reach. The village itself enjoys a number of amenities, independent shops and eateries, and a well sought after Middle School. In addition, the property also benefits from being within South Bromsgrove High School Catchment.Tenure: Freehold ; Service charge ; 169.78 per annumEPC Rating: BCouncil Tax Band: FApprox. Floor Area: 213.5sq m (2298sq ft)Rear Garden Orientation (approx.): South West



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

£ 621450

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
    £ 18750
  • 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

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£

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

£ 58950
  • 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
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    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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