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£1,495,000
Bedrooms
Bathrooms
Step into the charm of this meticulously restored four bedroom, three bathroom Victorian residence, spanning over 1500 Sq/Ft across three stories. This elegant residence has been lovingly brought back to its former glory, both inside and out, promising a blend of historical grace and modern comfort.
Nestled within the serene confines of the prestigious Driffield conservation area, this exquisite 4-bedroom Victorian house epitomizes elegance, character, and timeless beauty. This remarkable residence offers a rare opportunity to experience the quintessential charm of Victorian Architecture without compromising on modern comforts.
Step into a bygone era as you enter this meticulously preserved and restored Victorian gem, featuring light spacious rooms, hardwood floors, and soaring ceilings that exude grandeur and sophistication.
Spread across three levels, this expansive residence boasts generously proportioned living spaces, including a formal living room, a large kitchen dining area, leading to a tranquil designed garden.
The fully renovated kitchen features premium stainless steel appliances, bespoke cabinetry, and a center island with ample work space.
Step outside to discover a beautifully landscaped garden, where a charming patio provides an idyllic setting for al fresco dining, or simply basking in the beauty of nature.
Situated within a designated conservation area, offering a tranquil escape from the hustle and bustle of city life while preserving the architectural heritage of the neighbourhood.
Close proximity to Victoria Park, Hertford Union canal and the renowned schools, shopping destinations, and public transportation options, ensuring effortless connectivity and convenience for residents.
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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