4 bedroom detached for sale

£565,000 Offers over

4

Bedrooms

2

Bathrooms

2

Reception

Floorplan

This beautifully presented four-bedroom detached home, located in Engine Close, Aston Fields offers an abundance of space, contemporary living, and a fantastic south-east facing rear garden. Boasting a large open-plan kitchen/diner/family room, a spacious lounge, a generous master suite with fitted wardrobes and en-suite, and a detached garage, this home is perfect for modern family life.The property is located at the end of a quiet cul-de-sac and is approached via a driveway providing off road parking for at least three cars with access into the detached garage and rear garden, and there is an attractive, front garden with established shrubs. Once inside, the good-sized welcoming reception hallway leads off to; a guest cloakroom to the left and a lounge to the right, with feature fire place, offering a comfortable retreat with plenty of room for relaxation. Moving through the hallway you enter an expansive open-plan kitchen/diner/family room, the heart of the home, featuring a modern fitted kitchen, ample workspace with granite worktops, and a seamless flow into the dining and family area, perfect for entertaining or everyday family living with bi-fold doors that open onto the south-east facing rear garden. There is also a handy utility room off the kitchen with an external door to the side of the property. Stairs from the hallway lead up to the first floor landing where doors radiate off to; the master bedroom with built-in wardrobes and a well-appointed modern en suite shower room; double bedroom two with built in wardrobes, bedrooms three and four; and the modern family bathroom, a stylish and functional space with a shower situated over the bath.An additional feature of this home is that it has Honey Well smart heating throughout the house where you can control the heating of each individual room remotely and there is an Ohme EV charger located at the side of the property.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 railway station within walking distance. 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.This spacious and stylish detached home offers the perfect blend of comfort, practicality, and contemporary design.Tenure: Freehold Service charge: 193.20 per annumEPC Rating: BCouncil Tax Band: EApprox. Floor Area: 125.6 sq m (1352.3 sq ft) Rear Garden Orientation (approx.): South EastFor room measurements please refer to the floorplan.'The property is believed to be freehold by the current owners. This will be verified during the legal process by the conveyancers.The information provided about this property does not constitute or form part of an offer or contract. All descriptions, dimensions, references to condition, and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct at the time of publication. However, they are intended to give a general outline only and do not constitute any part of an offer or contract. Prospective purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person in the employment of Guest Estate Agents has any authority to make or give any representation or warranty whatsoever in relation to this property.Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.Services: Please note that we have not tested the services or any of the equipment or appliances in this property. Accordingly, we strongly advise prospective buyers to commission their own survey or service reports before finalizing their offer to purchase.Photographs and particulars: Photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements, and distances given are approximate only.



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

£ 468825

Mortgage Loan to Value

%

Gross Yield

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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
    £ 14125
  • 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

£ 45075
  • 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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