4 bedroom detached for sale

£650,000 Offers in excess of

4

Bedrooms

2

Bathrooms

Floorplan


SUMMARY
Offering NO UPWARD CHAIN, this four bedroom detached executive style residence is positioned in a select private turning off of the much sought after tree lined Meesons Lane, which located within half a mile of the town and C2C station serving the city in approximately 40 minutes.


DESCRIPTION
'GUIDE PRICE 675,000-700,000' Offering NO UPWARD CHAIN, this four bedroom detached executive style residence is positioned in a select private turning off of the much sought after tree lined Meesons Lane, which located within half a mile of the town and C2C station serving the city in approximately 40 minutes. Owned from new and only for sale now due to the sellers moving out of the area to be nearer family, this well presented property has been a much loved family home for the last 30 years and provides three reception rooms downstairs with the dining room opening on to the double glazed conservatory. The re-fitted high gloss design kitchen has a matching utility room and theres a large reception hallway offering a ground floor Wc. The first floor offers four bedrooms of which three are doubles, and theres an en-suite to the master bedroom and a four piece family bathroom. Externally the property stands on a corner plot which has been styled to an easy maintenance design with a storage shed, 198 x 94 outbuilding/workshop, and a detached double garage with power and lighting measuring 170 x 168. All in all this beautiful family home offers a great deal to its new owners and viewings are highly recommended!

Entrance Porch
Double glazed windows to front, double glazed door leading to:

Entrance Hallway
Coving to textured ceiling, wooden effect laminate flooring, Antique style radiator, storage cupboard, stairs to first floor landing.

Ground Floor Cloakroom
Textured ceiling, tiling to walls, two piece suite, heated towel rail, wooden effect laminate flooring.

Lounge18 4' x 15 7' ( 5.59m x 4.75m )
Coving to smooth plastered ceiling, double glazed windows to front and rear, byfold doors leading to conservatory, wooden effect laminate flooring, two Antique style radiators.

Reception Three/Study11 9' x 7 8' ( 3.58m x 2.34m )
Coving to textured ceiling, double glazed bay window to flank, wooden effect laminate flooring, Antique style radiator.

Kitchen15 max x 9 1' ( 4.57m max x 2.77m )
Textured ceiling, double glazed window to flank, high gloss design units with roll edge work surfaces, breakfast bar area, sink unit with mixer taps, built in double oven, hob and hood, Antique style radiator, part tiled walls, tiled flooring.

Utility Room6 8' max x 4 10' ( 2.03m max x 1.47m )
Textured ceiling, matching range of high gloss design units, double glazed window to flank, tiled walls and floor, plumbing for washing machine, sink unit.

Dining Room/Conservatory22 7' x 13 6' ( 6.88m x 4.11m )
Coving to smooth plastered ceiling, spot lights, Antique style radiator, wooden effect laminate flooring, air conditioning unit, double glazed windows two rear, double glazed French doors to rear, Byfold doors leading to lounge.

First Floor Landing
Coving to textured ceiling, double glazed Oriel bay window to flank, double glazed window to front, single radiator, airing cupboard, access to loft space.

Bedroom One17 4' x 11 11' ( 5.28m x 3.63m )
Coving to textured ceiling, double glazed bay window to front and additional double glazed window to front, double radiator, built in fitted wardrobes.

En-Suite
Textured ceiling, double glazed window to flank, three piece white suite, tiled walls and floor, heated towel rail.

Bedroom Two13 9' x 9 10' ( 4.19m x 3.00m )
Coving to textured ceiling, double glazed window to rear, double radiator, built in wardrobes.

Bedroom Three8 10' x 11 7' ( 2.69m x 3.53m )
Coving to textured ceiling, double glazed window two front, wooden effect laminate flooring.

Bedroom Four11 7' x 6 6' ( 3.53m x 1.98m )
Coving to textured ceiling, double glazed window to rear, single radiator, wooden effect flooring.

Bathroom
Textured ceiling, opaque double glazed window to rear, four piece fitted suite comprising of panelled bath, wc with concealed cistern, wash hand basin inset to vanity unit, shower cubicle, tiled walls and floor, heated towel rail.

Exterior
The property is located on a south west backing corner plot styled to an easy maintenance design with block paved patio area and raised flower and shrub borders, side pedestrian access, storage shed,

Workshop/Outbuilding19 8' x 9 4' ( 5.99m x 2.84m )
With power and lighting.

Double Garage17 x 16 8' ( 5.18m x 5.08m )
Accessed via twin up and over doors, power and lighting, roof eaves storage space,



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

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

£ 538950

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
    £ 16250
  • 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

£ 51450
  • 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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