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£587,500
Bedrooms
Bathrooms
Living here is definitely a practical lifestyle choice. The vibrant village centre is just 20 minutes on foot, where you can enjoy the independent shops, cafs and restaurants as well as regular community events. If the outdoors is more your thing, then the nearby Priory Park is great for sports and there are lots of wonderful walks around the area to explore, so get the wellies ready.
There is no denying the curb appeal of this home. The sage-coloured windows are set off by the low fence surround, with a double-width block paved driveway to the side. The central hallway has a useful cloak cupboard built in, and the cloakroom is neatly tucked under stairs. Quality wood-style flooring flows through the ground floor for easy cleaning. The sitting room spans the depth of the house with double doors out to the garden, acoustic panelling making a feature wall and backdrop. The triple-aspect kitchen/dining room has a full-length bay window to the side, making this a really lovely bright space. Fitted with white gloss units and contrasting granite work tops with under-mounted sink, there are integrated appliances for a neat look, including: gas hob, electric double oven, dishwasher and fridge/freezer. The utility room keeps the noisy appliances and the washing out of the way and has a door out to the garden.
On the first floor,bedroom one has its own ensuite shower room. Bedroom four is currently being used as a dressing room but is a good-sized room, as are the other two bedrooms, which are both doubles, all of which share the family bathroom. On the landing is a deep storage cupboard housing the gas combination boiler.
The rear garden is enclosed by panel fencing with an access gate at the front out to the driveway. Arranged for ease of maintenance with an artificial lawn, there is a patio to the rear of the house and a further area with pergola over so you can make the most of the sun or shade throughout the day. The garage has power and light and a boarded roof space with a pull-down ladder offering great storage.
As with most new homes, there is an estate charge payabletowards the upkeep of the common areas and street lighting etc. the charge for the current year isin the region of 470.
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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