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£795,000
Bedrooms
Bathrooms
16 Granby Hill is a fabulous modern townhouse, developed by Edward Ware Homes in 2006, since when it has been much improved by the current owners who have thoughtfully enhanced various elements of the accommodation throughout.
The house can be accessed from both the front and rear with access from the garden, via steps, to the covered parking adjacent to the property.
On entering through the front door you are greeted by a welcoming entrance hall with under-stair storage. Separate doors lead into a wonderful fully open-plan kitchen, dining and reception space which is perfect for those who like to entertain. The kitchen itself is high quality, with granite worktops and plenty of floor and wall-mounted storage cupboards. Integrated appliances include a dishwasher and full-height fridge/freezer.
The hall floor is flooded with natural light which pours into the space via the three-quarter-height casement windows toward the front and through to further windows at the rear which overlook the garden. In line with the EPC rating of C, all of the windows are double glazed providing year-round insulation.
The open plan sitting area is a versatile and sociable space, which the current owner has improved with a dropped ceiling with recessed spots and integrated hard-wired sound system.
Adjacent to the kitchen is a very useful utility room with an integrated washing machine and additional storage. A timber door with a vision panel and overhead glazed fanlight leads out to the sunny south east facing courtyard garden; whilst accessed from the entrance hall is a separate, generously proportioned w.c.
Upstairs, over the full width of the front of the property is a superb sitting room with a full-height square bay window flooding the room with natural light and affording views across green gardens to Windsor Terrace and Leigh Woods beyond. This is a wonderfully sociable space to relax in, entertain in or simply enjoy the balloons as they rise from Ashton Court in the distance.
Both the hall and first floors benefit from deceptively high ceiling heights, a feature not commonly associated with more modern-bult properties and a huge advantage to this home.
The main bedroom is conveniently situated also on the first floor and presents a generous footprint that offers views over the garden below. With two sets of twin fitted wardrobes there is plenty of built-in storage, and the bedroom is served well by a Jack & Jill en0suite shower room.
Above, over the second floor lie three further bedrooms; two good size double bedrooms both with fitted wardrobes, and a single fourth bedroom, or a useful home office/study. These share a well-appointed family bathroom (Jack & Jill to bedroom three) complete with an integrated thermostatic shower above the bath.
Above is a generous loft space, accessed via the convenience of a loft ladder and mostly boarded to provide additional long term storage.
Outside
Accessed from the utility room is a sunny south east facing paved courtyard garden. A real sun trap in the summer it catches much of the morning and early afternoon sun and is a perfect spot for al-fresco dining.
The garden has been beautifully landscaped to prove year round colour and form; with an almost architectural multi-stemmed Amelanchier and a mature climbing Clematis providing further colour and scent.
Interspersed throughout are several smaller terraces with clipped privet borders, a stone water feature as well as power and light.
A rear gate leads to a path and steps down to the residents only off-street parking, where No. 16 has access to an allocated car parking space. There is also a residents-only secure Bike Store.
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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