3 bedroom detached for sale

£425,000

3

Bedrooms

3

Bathrooms

Floorplan

Extremely spacious & versatile family home situated in a great location, a short distance to all local amenities to include promenade, local shops, choice of both primary & secondary schools with excellent transport links with tram & bus stop nearby. Offering extremely spacious living accommodation with open plan kitchen & dining room, two generous reception rooms, three double bedrooms, one with en suite and family bathroom, double garage, landscaped gardens and off road parking.

The entrancehallwayis light, bright and airy with stairs to the first floor landingand doorsleading off to two reception rooms. The loungeto the frontelevation is a fantastic size with two large panoramic windows that fill the room with natural light, there is a feature fireplace and wooden flooring.

A second reception / garden room is another great size offering UPVCsliding doors that offer stunning rear garden views and access. There is a wall inset gas fire that has been capped off for personal preference but can be reinstated if wanted.

The open plan kitchen and diningroom is another well proportionedliving space offering a vast range of wall mounted and base units witha generousamount ofgranite work surfaces that extends to a cooking island with induction hob and NEW extractor over (2022) with spotlights down. Integrated appliances include Siemansdouble oven, conventional and fan with integral housing unit for a microwave, NEFFfridge freezer. Kitchen unit matched radiatorcovers are fitted. Stunning garden views and internal door throughto a spaciousutility room with washroom adjacent.

There arethree double bedrooms and a large four piece family bathroom to the first floorlanding. Bedroom one is an amazing size with garden views, a wide range of fitted furniture and en suite shower room that briefly comprises, shower cubicle, pedestal hand washbasin and low flush wc.

Bedrooms two and three are bothgreatsize double bedrooms with ample floor space for freestanding wardrobes and drawers and the four piece family bathroom comprises corner bath, shower cubicle, pedestalhand wash basin and low flushwc. Loft access via pull down ladder offers extensive welcome storage and lighting. Potential to develop as others in road have done.

The property boasts alarm system this is serviced annually.

Externally this property boasts an amazing size, landscaped and well established rear garden, It is mostly laid to lawn with Indian Stone paving that flows from the back to the frontdriveway. There are paved seating areas and garage access. The double garage benefits from modern electric doors, fitted 2020. A floor has been laid for gym purposes, there is a workshoparea with sink and there is a wall mounted boiler that was installed in 2019 thisis serviced and maintained under the British Gas Home servepackage. This space has the potential to be developed further.

This Is A Fantastic, Extremely SpaciousFamily Home & EARLY Internal ViewingIs Considered Essential To Fully Appreciate!

EPC: C

Council Tax: E

Internal Living Space: 170sqm

Tenure: Freehold, to be confirmed by your legal representative.

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

£ 353325

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
    £ 10625
  • 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

£ 34575
  • 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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