3 bedroom detached for sale

£545,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

Enquire and book online quoting reference 22949

Pine View is a picturesque property nestled in a serene area within Fownhope, approx. 7.8 miles from Hereford City Centre. This unique property offers 3-4 bedrooms with spacious living, beautiful views and south facing garden approx. 0.33 acres.

Fownhope, a popular village provides an extensive range of local amenities, including doctors surgery, post office and stores, popular public houses and restaurant, butchers, church, Wye Leisure Spa sports facility including swimming pool, regular bus service and primary school. The property is also a short distance from scenic woodlands & river.

Ground Floor

Undercroft: 1311 x 228 (4.26m x 6.93m) Large undercroft for storage with lighting & electric.

Bedroom 4/Office: 110 x 124 (3.37m x 3.77m) Previously used as bedroom 4 but could be used as an office off the garage. Double glazing. Radiator.

Garage: 3111 x 82 (9.75m x 2.51m) Large garage with utility area, boiler, electric and lighting.

First Floor

Bedroom 1: 1010 x 1110 (3.31m x 3.61m) Double bedroom. Built in wardrobe. Double glazing. Radiator. French door to the balcony.

Balcony: 610 x 303 (2.10m x 9.24m) Balcony with beautiful views and access to the lounge.

Bedroom 2: 910 x 125 (3.02m x 3.80m) Double bedroom. Built in wardrobe. Double glazing. Radiator.

Bedroom 3: 90 x 94 (2.74m x 2.87m) Double bedroom. Built in wardrobe. Double glazing. Radiator.

Bathroom 1: 102 x 81 (3.12m x 2.47m) Bath. WC. Bidet. Sink with storage unit. Double glazing. Airing cupboard with water tank. Heated towel rail.

Snug: 99 x 92 (3.00m x 2.82m) Double glazing. Access to conservatory.

Bathroom 2: 57 x 57 (1.71m x 1.72m) Shower. WC. Sink with storage unit. Double glazing. Heated towel rail.

Lounge: 134 x 125 (4.09m x 3.79m) Double glazing. Sliding doors to front of property. Log burner. Radiators. French doors to balcony.

Kitchen: 1111 x 137 (3.64m x 4.15m) Fitted kitchen units. Integrated cooker. Electric hob. Space for fridge freezer. Pantry. Radiator. Double glazing. Door to conservatory.

Conservatory: 96 x 205 (2.90m x 6.22m) Daul access to garden. Radiator.

Terrace: 120 x 126 (3.67m x 3.83m) Decking area with access to the beautiful garden.

Utilities: Septic tank situated in the garden.

Agent note: Probate property

Outside:

The garden of Pine View is a true oasis of tranquillity set over approx. 0.33 acres, with a terrace area perfect for entertaining with beautiful mature shrubs and many well established trees. There is also a wooden shed, greenhouse and gate to access the footpath. The garden is a perfect opportunity for any horticulturist.

Disclaimer

These particulars do not constitute or form part of an offer or contract nor may they be regarded as representations. All dimensions are approximate for guidance only, their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose or included in the Sale. Buyers are advised to obtain verification from their solicitors as to the tenure if the property, as well as fixtures and fittings and where the property has been extended/converted as to planning approval and building regulations. All interested parties must themselves verify their accuracy.


Council Tax Band

The council tax band for this property is F.

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

£ 452325

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 13625
  • 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

£ 43575
  • 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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