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£1,600,000 Offers in excess of
Bedrooms
Bathrooms
A stunning 5 bedroomed, detached house set within a secluded small development situatedjust off Westhall Park. The house was built in 2021 and benefits from the remainder of the build warranty. From the external appearance and upon entering the house you can immediately feel that the house exudesquality. The spacious hallway welcomes you through to a well-appointed dining room and the useful study which are both positioned to the front of the house. At the rear of the property is a large lounge with doors opening onto the garden and a large, kitchen breakfast room with separate utility room. There is an impressive staircase which leads to the first floor with its four double bedrooms. The main bedroom benefits from an en-suite bathroom, the guest roomalsohas a lovely en-suite bathroom and there are two further double bedrooms, one of which has been furnished as a dressing room, plus the family bathroom. The top floor of the house provides another double bedroom with an en-suite shower room. There is a large double garage as well as additional private parking, an attractive garden area to the front of the property and to the rear an enclosed garden with a nice patio area and a discreetly positioned summer house. Viewing is highly recommended.
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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