4 bedroom detached for sale

£470,000

4

Bedrooms

2

Bathrooms

Floorplan

This attractive double gable fronted detached family home offers generously proportioned accommodation which in brief comprises reception hall, living room, separate study, downstairs cloakroom/WC and super open plan family living dining kitchen with bifold doors and feature bay window in additional to a separate utility room. On the first floor landing gives way to four double bedrooms with en-suite to both master and guest bedroom two; and a further family bathroom. Outside there are gardens to the front, side and rear, a driveway providing off road car standing and access to the garage.

Entrance door through to reception hall.

Reception Hall - Stairs accessing the first floor with an under stairs storage cupboard and doors accessing the downstairs cloakroom/WC, living room, separate study and super open plan family dining kitchen with separate utility room off.

Downstairs Cloakroom/Wc - Fitted with a white two piece suite comprising low flush WC and wash hand basin.

Living Room - 5.69m x 3.89m (not including bay window) (188 x 1 - Box bay window to the front elevation, radiator, uPVC double glazed french patio doors to the rear elevation accessing the garden.

Study - 3.38m x 2.21m (111 x 73) - uPVC double glazed window to the front elevation, radiator.

Open Plan Family Dining Kitchen - 5.84m (max 3.71m (min) x 5.18m (192 (max 122 (mi - Super open plan space with kitchen area overlooking the living kitchen with seating and dining areas. This area has a box bay window to the side elevation and bifold doors overlooking and accessing the garden, from the kitchen area there is access to the utility room.

First Floor - An open landing area gives way to four double bedrooms (with an en-suite to the master bedroom and guest bedroom two) and a further family bathroom. uPVC double glazed window to the side elevation.

Master Bedroom - 5.18 x 2.78 (1611' x 91') - uPVC double glazed windows to two aspects (rear and side elevations), radiator and door accessing the en-suite shower room.

En-Suite Shower Room - The en-suite shower room is fitted with a white three piece suite comprising shower cubicle, low flush WC and wash hand basin.

Bedroom Two - 3.43 x 3.31 (113' x 1010') - uPVC double glazed window to the front elevation, radiator and door accessing the en-suite shower room.

En-Suite Shower Room - The en-suite shower room is fitted with a white three piece suite comprising shower cubicle, low flush WC and wash hand basin.

Bedroom Three - 3.72 x 3.18 (122' x 105') - uPVC double glazed window to the rear elevation, radiator.

Bedroom Four - 4.42 x 2.49 (146' x 82') - uPVC double glazed window to the front elevation, radiator.

Family Bathroom - Fitted with a white four piece suite comprising panel bath, separate shower cubicle, low flush WC and wash hand basin, uPVC double glazed window to the side elevation.

Outside - There are gardens to the front, side and rear, a driveway providing off road car standing which in-turn leads to a detached garage.

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

£ 390450

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
    £ 11750
  • 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

£ 37950
  • 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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