3 bedroom detached for sale

£500,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

Colin Ellis welcome to the market a STUNNING EXAMPLE of a DETACHED family home located in the HIGHLY SOUGHT AFTER village of Scalby. This recently RENOVATED and EXTENDED property offers THREE bedrooms, TWO reception rooms , WOOD BURNER, a MODERN KITCHEN/BREAKFAST room with NEFF appliances ,utility room, downstairs w/c, a MASTER suite with en-suite and DRESSING ROOM, drive, gardens and a DOUBLE GARAGE.

Description - Briefly comprising of an entrance hall with sliding understairs shoe cupboards, downstairs w/c, duel aspect lounge with wood burner, dining room, utility room and an extended, integrated kitchen/breakfast room with Neff appliances, ceiling lantern, breakfast bar with Quartz worktops and access to the garage and rear garden.
The first floor offers a family three piece bathroom suite, three bedrooms, en-suite featuring his and hers sinks with anti mist mirror and a walk in dressing room.
Outside the front offers ample parking and access to the garage and gated parking. The rear offers an enclosed garden with seating area, patio and summerhouse.

This fantastic property has been renovated to a high standard and is well worth viewing to appreciate the size, location and finish.

Entrance Hall - Glazed door to hallway and stairs to first floor.

Downstairs Wc - Wc and hand wash basin.

Lounge - 3.4 x 6.0 (111' x 198') - Fire place with surround, radiator, power points and uPVC double glazed bay window.

Dining Room - 3.4 x 3.1 (111' x 102') - Radiator, power points and uPVC double glazed window.

Kitchen - 6.8 x 5.2 (223' x 170') - Range of base, wall and drawer units, quartz work top, sky light and uPVC double glazed window, power points, built in extractor fan, led down lights and integrated oven.

Bedroom One - Radiator, power points and uPVC double glazed window.

En-Suite/Dressing Room - 2.5 x 1.5 (82' x 411') - uPVC double glazed frosted window, wc, wand basin, shower and opening into dressing room with uPVC double glazed window, radiator, power points and coving.

Bedroom Two - Power points, radiator and uPVC double glazed window.

Bedroom Three - Radiator, power points and uPVC double glazed radiator.

Bedroom Four - Radiator, power points and uPVC double glazed window.

Bathroom - 2.3 x 1.6 (76' x 52') - uPVC double glazed frosted window, ladder radiator, bath over shower, wc and basin.

Outside - The front has been recently graveled and offers ample parking with access to the double garage and rear garden. The gated enclosed garden offers a patio, summer house and a large area which could be used as extra parking,

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

£
£
£
£

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

Mortgage Required

£ 415200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

£

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
    £ 12500
  • 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

Adjust these figures

£

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

£ 40200
  • 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.

£

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    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

£

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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