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£290,000 Offers over
Bedrooms
Bathrooms
Detached Farmhouse located in a rural setting, Balmedie, Aberdeenshire.
Belvoir is delighted to present this charming detached farmhouse, set in a peaceful rural location just north of Balmedie. The property boasts approximately 4 acres of land to the west, along with well-maintained front and rear gardens, offering an ideal blend of countryside living and outdoor space.
Location: North Orrock Farmhouse is located North of Balmedie within a rural location in the picturesque Aberdeenshire countryside. Balmedie Beach is located 3 miles from the property offering coastal walks and BBQ areas. Balmedie provides essential amenities, including local shops, nursery, and primary education facilities.
Easy access to AWPR providing routes to Aberdeen city centre, the airport, and other major destinations across the North East of Scotland with reduced travel times and minimal congestion.
THE PROPERTY
Vestibule: 1.70 x 1.21mThe property benefits from two points of entry: a main entrance through the front porch and a secondary access on the east side. The front porch opens into a bright, welcoming space, enhanced by large windows that fill the area with natural light. From here, you are led into the main hall, which provides access to the staircase and the ground floor accommodation. The east-side entrance opens directly into a practical laundry room, offering generous storage and functionality.
Lounge/dining room: 4.43 x 6.02m The spacious lounge comfortably accommodates a dining area, making it ideal for both relaxing and entertaining. Warmth and character are added through the wood-effect flooring and a charming log fire, while two large windows flood the room with natural light, creating a bright yet cosy atmosphere.
Kitchen:4.43 x 2.83mThe kitchen is spacious and well-equipped, featuring wood-effect flooring and accommodating storage with oak-style cabinetry. It includes an electric hob, oven & grill, offering a functional cooking space with a welcoming, homely feel.
Bathroom: 2.10 x 2.83mThis is a family bathroom complete with both a separate shower stall with electric shower, bath, WC & WHB. The room also features wood-effect vinyl flooring, contributing to the farmhouses warm aesthetic.
Bedroom 1: 3.98 x 3.78mLocated on the ground floor at the front of the property. This room is bright and welcoming, with vibrant orange walls and carpet making it ideal for a bedroom or gym.
Bedroom 2: 2.60 x 3.19mThis room, the smallest of the four, features cheerful yellow walls and wood-effect flooring, offering a bright and airy feel located at the rear of the house with views of the garden area.
1st Floor
Bedroom 3: 3.80 x 4.07m/ Bedroom 4: 3.87 x 4.07mThe first upstairs bedroom is spacious and airy, with neutral walls and carpets. The window fills the room with natural light, offering views of the surrounding countryside.
The second bedroom mirrors the first in size offering scenic views of the propertys expansive grounds. The versatile space is perfect for a variety of uses, whether it be a peaceful guest room or a private home office.
External:The property includes a versatile shed that is fully connected to electricity, offering an ideal space for a workshop, hobby area, or additional storage. To the west of the property, there are 4 acres of private land. Included, there is also a garden to the rear and to the front of the property. Private road entry for properties located at North Orrock.
General:
Images are for illustration purposes only.
No chain
Tenant vacating early July.
The property benefits from oil fired central heating and double glazing.
EPC rating: F. Tenure: Freehold,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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