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£700,000 Guide Price
Bedrooms
Bathrooms
Guide Price 700,000 - 750,000.
This stunning 4-bedroom extended detached family home offers a perfect blend of comfort and practicality, ideal for growing families. The property features four bedrooms, with the master and loft bedrooms both have their own en-suite bathrooms, providing added convenience for the family. The home has been thoughtfully extended to provide a spacious living area, perfect for family gatherings and entertaining guests.
The former garage has been converted into a practical utility room, offering extra storage and functionality. The good-sized garden is perfect for outdoor activities, and with side access to the property, its easy to move between the front and back. Additionally, off-street parking is available with a private driveway.
To further enhance the outdoor space, the garden features a charming timber cabin. This versatile structure could be used as a home office, studio, or extra storage. Overall, this property offers all the space and features needed for modern family living and is truly a home not to be missed.
Exterior
Front garden: Low maintenance garden with a central path leading to the front door. Artificial grass and various shrubs and plants along with off street parking.
Rear Garden: Paved patio with raised wooden decking. Artificial grass. Various shrub and plant boarders. Outside lighting. Outside tap and electrical plug socket. Side pedestrian access.
Timber summer house that has been used as an office gym and childrens playroom. It has double glazed bi-fold doors to front. Laminate wood flooring. Power and lighting.
Key Terms
West Facing rear garden.
The vendor will be looking to purchase another property.
The boiler is located in the utility room.
The property measures 161 Sq. Metres excluding the summer house and garage.
The total area including the garage and summer house is 193 Sq. Metres.
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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