4 bedroom detached for sale

£495,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

Nestled in the charming area of Stepney Close, Scarborough, this delightful detached Tudor-style house offers a perfect blend of character and modern living. With THREE RECEPTION ROOMS and a DOWN STAIRS BEDROOM with EN SUITE facilities, this property provides versatile living accommodation, ideal for families, multi generational living or those who enjoy entertaining guests.

The home boasts FOUR well-proportioned BEDROOMS, ensuring ample space. Additionally, there are two bathrooms with the POTENTIAL TO ADD AN EN SUITE TO THE MAIN BEDROOM. The house has been thoughtfully extended to cater to the needs of a busy household.

Situated in a popular location, this house benefits from being within close proximity to a secondary schools and a sixth form college.

With NO ONWARD CHAIN, its charming features and versatile spaces, it is an opportunity not to be missed.

Entrance Hall - Opening to hallway with store cupboard and return stairs.

Dining Room - 3.9 x 3.9 (129' x 129') - UPVC double glazed windows to the front and side, radiator.

Kitchen - 5.9 x 2.6 (194' x 86') - UPVC double glazed window overlooking the rear garden, range of base and wall units with coordinating worktop, rear lobby with door to the rear garden.

Cloaks Wc - WC and wash hand basin.

Lounge - 3.4 x 6.9 (111' x 227') - UPVC double glazed windows to the front and bi fold doors to the sun room, gas fire with feature surround

Sun Room - 6.1m x 3.5m (200' x 115' ) - UPVC double glazed windows and roof light, French doors opening to the patio, radiators.

Shower Room / Wc - 1.9m x 1.7m (62' x 56' ) - UPVC double glazed window with frosted glass, walk in shower room with an overhead shower and a hand held spray, part tiled walls, wet room tiled floor.

Bedroom Four - 3,60 x 2.95 (910',19610' x 98') - UPVC double glazed window to the side, doors opening to the sun room, radiator.

First Floor -

Main Bedroom - 4.3m x 3.6m (141' x 119' ) - UPVC double glazed bay window, radiator, over stairs storage cupboard

Dressing Room / Potential En Suite - 2.9m x 2.5m (96' x 82') - UPVC double glazed windows with frosted glass, radiator. There is plumbing for an en suite under the floors so this could easily be converted into an en suite facility if required.

Bedroom Two - 6.2m x 2.9m (204' x 96' ) - UPVC double glazed windows overlooking the rear, radiator, fitted wardrobes to one side of the wall.

Bedroom Three - 3.9m x 3.6m (129' x 119' ) - UPVC double glazed windows to the front and side, radiator.

Office - 2.4m x 1.6m (710' x 52' ) - UPVC double glazed window, bespoke hand made wall units with boiler and water cylinder behind.

Bathroom Room - 2.4m x 2.5m (710' x 82') - UPVC double glazed windows with frosted glass, roll top bath, walk in shower, wash basin with vanity unit, radiator and part tiled walls.

Garage - Good sized detached single garage with up and over door.

Outside - To the rear there is a patio paved area with steps leading down to the lawned garden with mature trees that offer a great deal of privacy.

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

£ 411075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 12375
  • 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

£ 39825
  • 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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