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£525,000 Guide Price
Bedrooms
Bathrooms
Belvoir Terrace is superbly located in Scarboroughs historic Crescent. The 1830s building houses this exceptional 4 bedroomed duplex apartment, extending to well over 2000 sq.ft.
With garden and coastal views from most of the principal rooms, the property combines high levels of craftmanship with bespoke interior design to create a spacious and stylish contemporary home.
The golden sands of the South Bay and the shops and restaurants of the town centre are a few minutes walk away. The railway station and the prestigious Stephen Joseph Theatre are just around the corner. In our opinion, this two level apartment ranks amongst the most desirable to be brought to the local market in recent times and is ideal for discerning buyers seeking a unique and spacious residence.
A unique opportunity to acquire an exceptional luxury apartment in Belvoir Terrace, one of Scarboroughs most distinguished addresses. The building of Belvoir Terrace began in 1833 to designs by R.H. & S. Sharp of York. The Crescent also contains Woodend (the former seaside home of the famous Sitwell family) and Scarborough Art Gallery, both of which are housed in impressive seaside villas.
Arranged over two floors, the apartment offers an harmonious blend of refined architecture and high specification modern design.
From the landscaped front terraces, surrounded by period-style railings, the impressive hallway retains original features such as cantilevered staircases and cast iron balustrades, coupled with stylish chandeliers, high quality carpeting and imposing mirrors. Inside, the apartment delivers generously proportioned accommodation throughout and is ideal for modern living.
The elegantly - presented sitting room enjoys garden and coastal views from its three windows. The adjoining dining room features a limestone fireplace with a gas coal fire from Chesneys of London.
The stunning kitchen with breakfast bar is fitted to an exceptional standard with Silestone panels and worktops, Siemens/Neff appliances and extensive LED lighting throughout.
There are four spacious double bedrooms, including a luxurious principal suite with seaviews, a dressing room and a Travertine-tiled ensuite. Two further bathrooms in matching tiles serve the additional three bedrooms. Other features include a cosy and stylish TV room and a light-filled sitting area on the upper floor which adds to the general sense of space experienced throughout the property.
On a practical note, LED lighting systems, draught-proofed sash windows, a fast heating system and extensive storage throughout add to the homes appeal.
This is an outstanding coastal property, combining classical architectural elegance with luxurious contemporary interior design. Ideal as a main residence, refined seaside retreat or discerning investment in one of Scarboroughs most impressive settings.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
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.
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