4 bedroom detached for sale

£500,000

4

Bedrooms

2

Bathrooms

Floorplan

Looking for that all-important room to grow, local facilities,including schooling, shopping and good motorway access, being just 0.9 miles to junction 9 of the M27, then come and have a look. In less than three hundred metres, you will find a woodland stroll through KitesCroft thatgets you away from it all. Closer still, those everyday essentials can be had from B&M, just around the corner.
Pull into the driveway up to the garage, and you will still have lots of room for friends and family.
A side entrance takes you into the reception hall, which has a return staircase with natural light flooding in through the hall and landing window. Off the hall is the ground floor cloakroom.Toward the front of the house you will find a large lounge with oak flooring, dual-aspect double-glazed windows and log burner for those cosy nights in. At the rear of the house and overlooking the garden is the modern and functional well-planned kitchen with oakworksurfaces having storage above and below, a breakfast bar, integrated Miele dishwasher, single bowl sink unit, seven-burner gas range with extractor over, tiled flooring, downlighters and double-glazed window looking out to the garden. An internal door takes you into the utility room with a tiled floor, door to rear garden and wall-mounted Vaillant gas-fired boiler.
The return staircase that takes you up to the first floor, leads to the landing which accesses the insulated and part-boarded loft space accessed by a ladder. There is an airing cupboard housing the hot water cylinder. The first bedroom is a spacious room which also has an en suite showerroom with tiled shower cubicle, wash hand basin and close-coupled W.C. The further bedrooms are all of very good and equal size. The family bathroom comprises a panelled bath with jet shower unit, vanity basin, chrome-heated towel rail, and close-coupled W.C.
The rear garden, which is predominantly laid to lawn, provides agood outside space that you would expect from a house of this size, being 50 in length, enclosed by wooden fence panelling, a patio area and outside tap. To the side, you will find a storage area suitable for all those garden bits that you dont always want on show. To the side, you will find a personnel door leading to the integral garage with an up-and-over door, power and light connected.
If you want room to grow in a house that also provides an immediate family-friendly space, but offers you scope to personalise, this might well be the one for you. Being offered as a chain-free property, this could well suit you if you are looking to get your new home bought.

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

£ 415200

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
    £ 12500
  • 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

£ 40200
  • 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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