3 bedroom semi-detached for sale

£190,000

3

Bedrooms

1

Bathrooms

Floorplan

FULL DESCRIPTION Bell & Co Estates are delighted to present this well-proportioned three-bedroom semi-detached home located in the heart of Arkwright Town, offered with no vendor chain.

With generous living space, flexible layout, and a large plot, this property is an ideal choice for families, first-time buyers, or those looking for a project with exciting potential.

In brief the property compromises of entrance hallway with understairs storage cupboard - practical and spacious.

Front-facing lounge with fire and surround - a cosy central living space, open-plan kitchen/diner featuring ample cupboard and worktop space, integrated appliances and plenty of room for family dining.

Rear door access to conservatory, offering additional living space overlooking the garden.

Ground floor third bedroom - perfect for use as a guest room, playroom, or home office.

Downstairs wet room, complete with wash basin and WC for added convenience.

Upstairs are two generous double bedrooms, separate upstairs WC and access hatch on the landing with a door overlooking the lounge - offering potential for conversion to a loft bedroom, study, or storage (STPP).

To the front of the property is a large front driveway with off-road parking, grassed area with established borders.

Carport leading to a detached garage, ideal for storage or workshop use and side gate access to a private rear garden, featuring patio area, large shed/workshop with low-maintenance layout with space to personalise.

Set in a quiet residential area of Arkwright Town, close to local amenities, shops, and schools.

Convenient access to public transport and nearby Chesterfield and M1 motorway, ideal for families and commuters alike.

This versatile and spacious home offers an excellent layout with scope to personalise or extend (subject to planning).

With the benefit of off-road parking, a detached garage, and no onward chain, this property is a must-see for those looking to create their ideal home in a peaceful, well-connected village setting.

Contact Bell & Co Estates today to book your viewing - properties with this potential and space dont stay available for long!

BATHROOM 10 2' x 6 9' (3.1m x 2.06m) A decent size bathroom with walk in shower as past owner had disability stuff put in bathroom like handles. Sink and toilet under window.

LOUNGE 13 2' x 11 2' (4.01m x 3.4m) Decent size living room with loads of potential and loads of space for a big setee and tv on a table or wall about the built in fireplace.

KITCHEN/DINER 17 4' x 10 2' (5.28m x 3.1m) Loads of room for potential as it is a big space, has a built in dishwasher and oven with hob. Plus big enough area for table and chairs and door leading into conservatory.

CONSERVATORY 11 0' x 9 6' (3.35m x 2.9m) Big windows all the way round and doors leading onto the back garden lus loads of room for maybe a seating area?.

BEDROOM 11 4' x 10 2' (3.45m x 3.1m) Good big space to have a double bed, wardrobes or drawers.

BEDROOM 14 9' x 10 2' (4.5m x 3.1m) Decent size bedroom big enough for a double bed and drawers.

BEDROOM 11 4' x 10 2' (3.45m x 3.1m) Another double bedroom big enough for wardrobes and drawers plus somewhere for your tv to go unless you want it on the wall.

Features
  • 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

£
£
£
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Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 149950

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
    £ 4750
  • 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

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£

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

£ 7450
  • 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
    £

    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.

Notes

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