5 bedroom detached for sale

£1,550,000 Offers over

5

Bedrooms

4

Bathrooms

Floorplan

Constructed by Concept Developments, this beautiful five bedroom home is a substantial offering with many additional features. Close to Walton centre, on a private road leading to Walton River. It has three receptions and off street parking for three cars. Viewings highly recommended.

The spacious hallway leads to reception rooms either side, one could be used a study whilst the other has a working fireplace and can be used as a formal sitting area. Further into the home to the right is the spacious utility room, which has a separate four ring gas hob, the boiler and immersion heater. Beyond this is a downstairs WC and hand wash basin.

The double doors lead through to the hub of the home. Contemporary in its design Concept Developments produced a magnificent space which the current vendors have used and maintained impeccably from the stylish lighting to the island with convection hob. There are many integrated appliances but ample storage for a family kitchen. This room has a natural divide creating space for living and dining, with both bifold and separate French doors leading to a landscaped garden with flower beds, patio, a lawn and a pond.

Upstairs, carpeted throughout on the first floor there are two double bedrooms both with en-suites one a shower and the other a bath. The master bedroom is also on this floor whilst also being generous in size it has a large dressing area and en-suite bathroom with both a bath and separate shower.

On the second floor there are a further two bedrooms and a large bathroom. The front of the two bedrooms has a vaulted floor to ceiling window which is an attractive feature. The second room is a large double room with access to storage into the eaves.

This is a stunning and substantial family home located in a private road, viewings are highly recommended.

Freehold
Council tax band G



Features
  • Freehold

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £6,703.24

Total Interest: £863,165.11

Overall Total: £2,413,165.11

Amortization For Monthly Payment: £6,703.24 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£49,143.65 £31,295.18 £1,518,704.82 
2026£48,127.39 £32,311.45 £1,486,393.37 
2027£47,078.12 £33,360.72 £1,453,032.65 
2028£45,994.78 £34,444.06 £1,418,588.59 
2029£44,876.26 £35,562.58 £1,383,026.02 
2030£43,721.42 £36,717.42 £1,346,308.60 
2031£42,529.07 £37,909.76 £1,308,398.83 
2032£41,298.01 £39,140.83 £1,269,258.01 
2033£40,026.97 £40,411.87 £1,228,846.14 
2034£38,714.65 £41,724.18 £1,187,121.95 
2035£37,359.72 £43,079.12 £1,144,042.84 
2036£35,960.79 £44,478.05 £1,099,564.79 
2037£34,516.43 £45,922.41 £1,053,642.38 
2038£33,025.17 £47,413.67 £1,006,228.72 
2039£31,485.48 £48,953.36 £957,275.36 
2040£29,895.79 £50,543.05 £906,732.31 
2041£28,254.48 £52,184.36 £854,547.95 
2042£26,559.87 £53,878.97 £800,668.99 
2043£24,810.23 £55,628.61 £745,040.38 
2044£23,003.77 £57,435.07 £687,605.31 
2045£21,138.65 £59,300.18 £628,305.13 
2046£19,212.97 £61,225.87 £567,079.26 
2047£17,224.75 £63,214.09 £503,865.17 
2048£15,171.96 £65,266.88 £438,598.29 
2049£13,052.52 £67,386.32 £371,211.97 
2050£10,864.24 £69,574.59 £301,637.38 
2051£8,604.91 £71,833.93 £229,803.45 
2052£6,272.21 £74,166.63 £155,636.82 
2053£3,863.76 £76,575.08 £79,061.74 
2054£1,377.09 £79,061.74 £0.00 

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

£ 1,301,200

Mortgage Loan to Value

84%

Gross Yield

12%

Annual ROI

33%

Annual Rental Profit

£ 83,554

Cumulative Rental Profit

£ 835,540

Cost of Purchase

£ 138,700
  • Stamp Duty
    £ 97,250

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 38,750
  • 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

£ 102,446
  • Mortgage Interest
    £ 58,554

    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)
    £ 24,552
  • Letting Fee
    £ 240
  • Maintenance
    £ 18,600
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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

£ 1,671,627
  • Final Equity Profit
    £ 836,087

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £ 835,540

    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

£ 2,524,787

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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