4 bedroom detached for sale

£1,000,000 Offers over

4

Bedrooms

3

Bathrooms

Floorplan

Commanding an enviable position with stunning, far-reaching views over open countryside, Broad Acres is an exceptional, recently renovated detached home offering an extraordinary 4090 sq ft of internal accommodation.

Situated near the sought-after village of Bolam, this property masterfully combines expansive lateral living with high-specification contemporary finishes, creating a residence of significant distinction. The location affords a quintessential country lifestyle, rich in tranquillity and rural appeal, whilst maintaining convenient access to Darlingtons amenities and the wider regions transport infrastructure.

The approach to Broad Acres is via an extensive block-paved driveway, providing ample off-street parking and leading to a substantial garage with electric up-and-over doors. The propertys considered design and mature surroundings intimate the scale and quality that lie within.

Internally, the residence has been subject to a significant transformation, most notably evident in the breathtaking open-plan kitchen, dining, and family area. This incredible extension serves as the heart of the home, a luminous and versatile space meticulously designed for modern family life and sophisticated entertaining. It features a high-quality fitted kitchen with an extensive range of wall and base units, quartz work surfaces, an electric range oven with induction hob, an American-style fridge/freezer, and an integrated dishwasher. Multiple sets of bi-fold doors seamlessly connect this principal living zone to the gardens and terrace, bathing the space in natural light.

Complementing this, a separate, elegant lounge offers a fireplace with a log burner and further bi-fold doors to the rear garden. An additional highlight is the orangery, also featuring bi-fold doors to the garden and providing a tranquil retreat, further entertaining space or home office/gym.

The predominantly ground-floor accommodation is intelligently arranged. It includes a welcoming entrance porch with ceramic tiled flooring and a spacious entrance hall. There are two well-proportioned ground-floor bedrooms: Bedroom 3 with carpet flooring and storage, and Bedroom 4, currently configured as a study, with laminate flooring. A comprehensively appointed ground-floor cloakroom features a walk-in shower. Practical needs are met by a well-equipped utility room with quartz work surfaces and a separate pantry.

The first floor hosts two principal bedroom suites. The master bedroom is a luxurious sanctuary, complete with a dedicated dressing room and a lavishly appointed en-suite bathroom featuring both a bath and a separate walk-in shower. Bedroom 2 is another generous double room, also benefiting from its en-suite shower room and double glazed patio doors opening to a balcony or sun terrace, perfectly positioned to capitalise on the views.

Externally, the propertys main asset, beyond its sheer scale, is its magnificent plot. The extensive rear garden is predominantly south-facing, featuring a substantial terrace ideal for al fresco dining, manicured lawns, and those uninterrupted countryside views. The grounds offer a remarkable degree of privacy and a genuine connection to the surrounding landscape. Heating is provided by an oil system, supplemented by underfloor heating and a woodburner.

Broad Acres represents a rare opportunity to acquire a substantial, highly specified home tailored for those seeking exceptional space, level access for versatile living, and an idyllic country setting. It is perfectly suited to the discerning buyer desiring a unique residence finished to an exacting standard.

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Council Tax Band: F (Durham Council)
Tenure: Freehold

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

£ 818950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 25000
  • 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

£ 68950
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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