5 bedroom detached for sale

£650,000 Offers over

5

Bedrooms

3

Bathrooms

Floorplan

Colin Ellis welcome to the market a this stunning five-bedroom detached house located on Water Lane in the charming village of Sherburn, Malton.

Description - This impressive property boasts over 2,700sq.ft of living space, offering ample room for a growing family, multi-generational living, those who love to entertain or as it is, currently used as a successful holiday home. The house features a spacious sitting room and a modern kitchen/diner perfect for family meals, and a fantastic games room where you can unwind and have fun with friends and family.

In addition to the generous living areas, this property also includes two bathrooms and an en-suite, ensuring convenience and comfort for all residents. While the enclosed gardens spanning around one third of an acre offer a peaceful retreat where you can relax and enjoy the outdoors.

Located in the picturesque village of Sherburn, this property provides a great access to the likes of Scarborough and York. With its spacious layout, versatile rooms, and beautiful surroundings, this house on Water Lane is a true gem waiting to be discovered. Viewings are a must in order to appreciate the size, potential and location of this lovely home.

Entrance Hall - Wooden door.

Sitting Room - 6.40 x 4.0 (2011' x 131') - Wood burner, exposed beams, double radiator, uPVC double glazed window and power points.

Downstairs Bedroom/Snug - 4.40 x 4.0 (145' x 131') - Exposed beams, uPVC double glazed window, double radiator and power points.

Kitchen/Diner - 6.80 x 4.40 (223' x 145') - Base, wall and drawer units, wood worktop, tiled splash back, space for range hob, extractor hood, feature sinks and mixer taps, uPVC double glazed windows and tri-folding doors to side, exposed beams, single radiator and power points.

Pantry - 1.6 x 1.6 (52' x 52') - Space for fridge/freezer, uPVC double glazed window and power points.

Utility - 4.8 x 2.5 (158' x 82') - Space for washing machine, tumble dryer and dishwasher, uPVC double glazed window, double radiator, stable door to side and power points.

Games Room - 9.7 x 5.8 (319' x 190') - Patio doors to rear leading out onto patio, radiator and power points.

Shower Room - 4.0 x 1.8 (131' x 510') - His and hers shower head, fully tiled, double hand wash basin, low flush wc, uPVC double glazed frosted windows, ladder radiator and extractor fan.

Landing - Cupboard and loft access.

Bedroom One - 4.60 x 3.7 (151' x 121') - Double radiator, uPVC double glazed window and doors to balcony and power points.

Dressing Room - 2.70 x 2.70 (810' x 810') - Power points.

En-Suite - 2.7 x 1.8 (810' x 510') - Basin with pedestal, low flush wc, shower cubicle, velux window and power points.

Bedroom Two - 4.40 x 4.0 (145' x 131') - Double radiator, uPVC double glazed window and power points.

Bedroom Three - 4.40 x 4.0 (145' x 131') - Fitted wardrobe, single radiator, uPVC double glazed window and power points.

Bathroom - 3.40 x 3.10 (111' x 102') - Freestanding roll topbath, basin with pedestal, low flush wc, uPVC double glazed window and single radiator.

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

Outside And Double Garage - Enclosed garden with brick outhouse with power, gated access and parking space.

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

£ 538950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 16250
  • 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

£ 51450
  • 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

Adjust these figures

  %

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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