James Leigh Property Management is delighted to bring to
market this impressive semi-detached five/six bedroom family home which has
been much improved and extended and sits in the heart of the village of
Alresford.
Located within an easy walk of the mainline railway station
with its direct links into London Liverpool Street, Alresford Primary School
and local amenities the house offers what we call versatile accommodation. What
this means is that you have the five double bedrooms, the large kitchen/diner
and lounge but you also have the opportunity to turn the downstairs study and
the downstairs shower room into a sixth bedroom with en-suite. The double
length garage can also be converted for extra living space and together (with
the study and shower room) could create an independent annex (a self-contained
living space – featuring a kitchen, bathroom and bedroom) perhaps for an elderly
or a disabled family member.
With parking for numerous vehicles on the driveway, you then
enter into a welcoming hallway which is home to the stairs and provides access
to the study, the downstairs shower room, the lounge and kitchen/diner. The
kitchen/diner, warmed throughout by underfloor heating, is the ultimate living
space bathed in light from 3.90m of bi-fold doors, a huge roof lantern, two skylights, and the
window above the butler style sink. A
kitchen island hosts a long breakfast bar, a five ring gas range and a wine
cooler to keep the chef sociable. Behind is a good stretch of worktop with
ample cupboard storage above and below. The dining area can comfortably fit a
table for ten and around the corner is a snug area to complement the
kitchen/diner.
The lounge has doors to the hallway and kitchen/diner and
features an open fire and large bay window to the front. The study (bedroom six?) is across the hall
and behind that sits the downstairs cloakroom with shower.
Venturing upstairs the five double bedrooms, all have a
little bit about them. The main bedroom has a dressing area, which could have an
en-suite installed. The second bedroom has the ensuite and the third and fourth
are identical sizes. The smallest double, bedroom five, sits at the front of
the house next to the modern four-piece family bathroom with separate bath and
walk-in shower.
The double length garage has an up and over door out to the
front drive, a double glazed door to the rear garden and an internal door into
the study. A hot-tub sits outside the side kitchen window and at the back of
the garden is a summer house and shed. Mainly laid to lawn with a patio
area near the house, the garden also boasts outside lighting and currently
includes a kids play tree-house and a raised pond.
PROPERTY DETAILS
Open Plan Kitchen/Diner/Snug: 7.43m x 7.00m (24’ 4” x 23’)
Lounge: 4.52m x 3.18m (14’ 10” x 10’ 5”)
Study/Bedroom Six: 2.91m x 2.28m (9’ 7” x 7’ 6”)
Double Garage: 8.73m x 3.26m (28’ 8” x 10’ 8”)
Bedroom One: 5.60m x 3.39m (18’ 5” x 11’ 1”)
Bedroom Two: 4.52m x 3.18m (14’ 10” x 10’ 5”)
Bedroom Three: 2.90m x 3.23m (9’ 6” x 10’ 7”)
Bedroom Four: 3.63m x 2.38m (11’ 11” x 7’ 10”)
Bedroom Five: 3.65m x 2.43m (12’ x 8’)
Bathroom: 2.02m x 3.41m (6’ 8” x 11’ 2”)
Tenure: Freehold
Council Tax Band: B
EPC Rating: D (64), Potential B (82)
OTHER FEATURES
Double Glazing
Gas Central Heating
Underfloor Heating to Open Plan area
Lounge Open Fire
Services to Garage
Tenure : Freehold
Council Tax Band : B
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Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 0 | ||
| £125k to £250k | 2 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 3 | ||
| £125k to £250k | 5 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £300k | 0(2/5)* | ||
| £300k to £500k | 5 | ||
| £500k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
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