4 bedroom semi-detached for sale

£700,000

4

Bedrooms

1

Bathrooms

Floorplan

We are favoured with instructions to offer for sale this four bedroom semi detached character residence being situated on the sought after Marine Estate, within the West Leigh primary and Belfairs Academy catchment area and offering no onward chain. The property benefits from a West backing rear garden and there is an integral garage and off street parking for multiple vehicles. To the ground floor are three reception rooms, a kitchen breakfast room and a ground floor wc. The first floor offers Four good size bedrooms and a family bathroom/wc. No onward chain.

Hardwood Door To: -

Entrance Lobby - 2.55 x 1.70 (84' x 56') - Tiled flooring, smooth plastered walls, step and panelled leadlight glazed doors to:

Entrance Hall - 3.84 x 3.12 (127' x 102') - Carpeted, wallpapered walls, radiator, plate rail, stairs to:

First Floor Landing - Doors off onto:

Reception/Dining Room - 5.85 to bay x 3.84 to alcove (192' to bay x 127' - Double glazed leaded window to front with double glazed coloured fan lights over, opaque double glazed coloured leaded windows to side, carpeted, wallpapered walls, stone fireplace with inset electric fire, radiators, TV point.

Lounge - 4.30 to bay x 5.01 to alcove (141' to bay x 165' - Bay leaded windows to rear with double doors leading onto and overlooking rear garden, carpeted, wallpapered walls, stone fireplace with gas coal effect fireplace, radiators, opaque coloured leaded panelled windows to front and rear.

Study - 2.81 x 2.59 (92' x 85') - Leaded windows to side with opaque coloured leaded fan lights over, carpeted, wallpapered walls, picture rail, radiator.

Kitchen/Breakfast Room - 5.07 x 3.35 (167' x 1011') - Fitted with a range of cupboard and drawer base units and eye level wall cupboards with rolled top work surfaces and tiled splashbacks, built in four ring gas hob with extractor over, stainless steel sink unit with double bowl single drainer and mixer tap, recess and plumbing for washing machine, space for upright fridge/freezer, built in electric oven with built in microwave over, cupboard housing boiler serving gas central heating and domestic hot water system, tiled flooring, smooth plastered walls, radiator, double glazed leaded windows to side and rear, hardwood stable door leading to rear garden.

Ground Floor Wc - Closed coupled push button flush WC, wash hand basin, carpeted, part panelled flooring, remainder of walls being smooth plastered, opaque window to side.

Spacious First Floor Landing - Carpeted, wallpapered walls, opaque coloured leaded windows to side, spacious built in storage cupboard, doors off onto:

Bedroom One - 5.07 x 3.86 including wardrobes (167' x 127' inc - Carpeted, wallpapered walls, ample fitted mirrored wardrobes with sliding doors, radiator, opaque coloured leaded secondary glazed windows to side, double glazed leaded windows to front with opaque coloured fan lights, glass panelled double glazed door leading to front balcony.

Bedroom Two - 3.73 x 4.99 to alcove (122' x 164' to alcove) - Double glazed leaded windows to rear and front, carpeted, wallpapered walls, radiator.

Bedroom Three - 3.26 x 3.36 to alcove (108' x 110' to alcove) - Double glazed leaded windows to rear, carpeted, wallpapered walls, radiator.

Bedroom Four - 4.81 x 2.56 (159' x 84') - Double glazed leaded windows to front with opaque coloured fan lights over, opaque double glazed fan lights to side, carpeted, wallpapered walls, radiator.

Bathroom/Wc - 3.03 max x 2.05 max (911' max x 68' max) - Fitted with a panelled bath, bidet, pedestal wash hand basin, close coupled WC, independent tiled shower cubicle with electric shower over, tiled flooring, part tiled walls, opaque leaded double glazed window to rear, radiator, tiled flooring, extractor, access to loft.

Externally - Rear garden, approximately 32.6 metres in length commencing with a paved patio area, the remainder being mainly laid to lawn with flower and shrub borders, timber storage shed, fencing to boundaries, side access via timber gate. The front of the property is block paved with parking for multiple vehicles and has an integral garage measuring approximately 4.94 x 2.58 metres.

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

£ 580200

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
    £ 17500
  • 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

£ 55200
  • 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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