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£280,000
Bedrooms
Property Description:
Dickens Drive, Darlington, DL2 2WN
Nestled in the sought-after Dickens Drive, Darlington, this exquisite four-bedroom detached residence offers a harmonious blend of modern design and comfortable living. The property boasts a private driveway leading to a garage equipped with both lighting and power, ensuring convenience for storage or workshop needs.
Upon entering, you are greeted by a spacious lounge measuring 117' x 150', providing an inviting space for relaxation. The heart of the home is the expansive kitchen/dining room (105' x 1711'), featuring French doors that seamlessly open to a beautifully landscaped garden, perfect for indoor-outdoor entertaining. Adjacent to the kitchen is a practical utility room (53' x 53'), complemented by a convenient downstairs WC (33' x 54').
The first floor accommodates four generously sized bedrooms. The master suite (103' x 128') includes a private en-suite (42' x 79'). The remaining bedroomsBedroom 2 (107' x 87'), Bedroom 3 (86' x 122'), and Bedroom 4 (82' x 124')share a well-appointed family bathroom (611' x 63'). Additionally, the loft has been thoughtfully boarded, offering ample storage space.
Area Overview:
Darlington is a vibrant market town in County Durham, renowned for its rich railway heritage. The town played a pivotal role in the development of the railway in the 19th century, being the location of the worlds first passenger line, the Stockton and Darlington Railway, which opened in 1825.
The town boasts excellent transport links, lying adjacent to the A1(M) motorway, which connects London, Leeds, Newcastle, and Edinburgh. Darlingtons main railway station, Bank Top, is a major stop on the London-Edinburgh route, offering frequent services to York, Durham, and Newcastle.
Residents can enjoy a variety of cultural and recreational activities. The town center features a mix of independent shops, cafes, and restaurants, particularly around the historic market area. For outdoor enthusiasts, there are several parks, including the Green Flag-awarded South Park and West Park, providing ample green spaces for leisure and recreation.
Educational facilities are well-regarded, with several primary and secondary schools in close proximity, such as Mount Pleasant Primary School and Wyvern Academy, both within a mile radius.
Overall, this property on Dickens Drive offers a perfect blend of modern living within a town rich in history and community spirit, making it an ideal choice for families seeking both comfort and convenience.
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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