4 bedroom detached for sale

£460,000

4

Bedrooms

2

Bathrooms

Floorplan

'' NEARLY NEW FOUR BEDROOM DETACHED FAMILY HOME '' Occupying the much sought after Redrow Hugglescote Grange Development, this exciting family home in brief comprises and entrance hall, lounge, and expansive L-shaped living kitchen/diner, facilitated by a utility room and ground floor w.c. Stairs rising to the first floor landing gives way to four double bedrooms including the en-suite shower room and family bathroom respectively. Externally the property benefits from a low maintenance garden to rear, a double detached garage to rear and expansive double tarmacadam driveway to front offering off road parking for multiple vehicles. Early viewings come highly advised in order to avoid disappointment. EPC RATING B.

Ground Floor -

Entrance Hall - Entered through a composite door to front flanked by opaque uPVC double glazed windows to either side and comprising Amtico LVT flooring and having stairs rising to the first floor.

Lounge - 3.66m x 4.62m (120' x 152') - Enjoying a uPVC double glazed window to front with fitted shutters.

Living Kitchen/Diner - 7.82m (maximum) x 6.78m (maximum) (258' (maximum) - Inclusive of a range of wall and base units in a shaker style with complimentary solid quartz worksurfaces, a four ring induction hob with splash screen and extractor hood over, an electric oven/grill with further microwave oven/grill and featuring an integrated dishwasher, fridge and freezer. Other benefits include under stairs storage, under cabinet lighting, a one and a half bowl sink and drainer unit with mixer tap, continued Amtico flooring from the entrance hall and a feature island breakfast bar adorned with quartz work surface. The living kitchen/diner also features a host of natural light with uPVC double glazed windows to front and rear with further adjacent uPVC double glazed French doors which in turn are complimented by inset downlights.

Utility Room - 2.03m x 1.93m (68' x 64') - Enjoying continued Amtico flooring and comprising space and plumbing for appliances, a quartz work surface with integrated sink and drainer unit with further fitted water filter, an extractor fan, inset downlights, a composite door to rear and having gas fired central heating boiler.

Ground Floor W.C - Enjoying continued Amtico flooring and featuring a low level push button w.c, vanity wash hand basin with monobloc mixer tap, tiled splashback, inset downlights and an opaque uPVC double glazed window to side.

First Floor -

Landing - Stairs rising to the first floor landing gives way to four good sized bedrooms including the en-suite and family bathroom respectively and comprise an airing cupboard which in turn hosts the hot water cylinder and the loft hatch.

Bedroom One - 3.71m x 3.12m (122' x 103' ) - Enjoying two uPVC double glazed windows to front and a range of fitted wardrobes.

En-Suite Shower Room - 2.69m x 1.65m (810' x 55' ) - This three piece suite comprises a low level push button w.c, vanity wash hand basin with monobloc mixer tap, double walk in shower enclosure with thermostatic waterfall mixer tap, a shaver point, chrome heated towel rail, ceramic tiled flooring, part tiled walls, extractor fan and inset downlights.

Bedroom Two - 3.10m x 4.04m (102' x 133' ) - Having uPVC double glazed window to rear.

Bedroom Three - 3.38m x 2.84m (111' x 94' ) - Having uPVC double glazed window to rear.

Bedroom Four - 3.07m x 3.66m (101' x 120') - Having uPVC double glazed window to front.

Family Bathroom - 2.26m x 2.08m (75' x 610' ) - This three piece suite comprises a low level push button w.c, a wall mounted wash hand basin with monobloc mixer tap, panel bath with splash screen, with thermostatic mixer tap over, an opaque uPVC double glazed window to rear, part tiled walls, ceramic tiled flooring, a chrome heated towel rail, inset downlights and an extractor fan.

Outside -

Rear Garden - An Indian flag paved patio area gives way to a further seating area at the rear of the garden which in turn is complimented by block edging and features an artificial lawn to the centre of the garden which is surrounded by timber close board fence panelling and facilitated by a side gate. Other benefits include a water point, raised timber flower beds and an assortment of Olive trees with stone shingled areas.

Front - A double tarmacadam driveway offers off road parking for multiple vehicles and is facilitated by a hot and cold water point and leads to an artificial lawn to the front of the property bisected by a paved walkway accessing the front door beneath a canopy porch and surrounded by privet hedging and complimented by further wall lighting.

Double Detached Garage - 6.27m x 6.17m (207' x 203' ) - Entered via one of two up and over doors to front and benefitting from both light and power.

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

£ 382200

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
    £ 11500
  • 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

£ 37200
  • 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

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  %

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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