4 bedroom detached for sale

£550,000

4

Bedrooms

2

Bathrooms

Floorplan

Step through the composite door into the generous hallway which has plenty of space for everyone to arrive home. The hall has a useful under stairs cupboard, and double doors lead to the formal dining room, the kitchen, sitting room and the downstairs WC, which is fitted with a modern white suite with a vanity basin.
The sitting room has a central sandstone Adam style fireplace, fitted with a coal-effect gas flame fire, which will be perfect for cosy family film nights. The sitting room flows into the conservatory,which has a tiled roof with a Velux, creating a year-round family space with access to the garden.
Access to the kitchen is from both the hall and the conservatory and is well-fitted with modern cream gloss units, which include handy pan drawers and integrated double oven, gas hob & extractor; theres space for a dishwasher and American fridge freezer. A separate utility with matching units has space for your washing machine & tumble dryer and a useful sink. With access to the garden, its the ideal entrance following a muddy dog walk!
Upstairs, the U-shaped gallery landing has an airing cupboard and access to the loft which is part boarded. The main bedroom boasts wall-to-wall wardrobes and a spacious modern white ensuite with a walk-in shower.
The other three bedrooms, one a double with a built-in wardrobe, share the family bathroom which has a shower over the bath.
You will want to spend loads of time outdoors in the pretty garden which is split into lawn and patio. A path leads to the rear gate, and to the garage, which has been split between storage and converted to provide a versatile space with French doors and is currently used as a gym; it would also make a great work from home space or teenage den!
We feel this family home ticks all boxes, so take a peek at our online walk-through video & book a viewing in person.

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

£ 456450

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
    £ 13750
  • 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

£ 43950
  • 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

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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