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£700,000 Guide Price
Bedrooms
Bathrooms
CPH are delighted to be presenting to the market, THE BARN set on Barmoor Lane within the sought after village of Scalby. An EXQUISITE, FOUR/FIVE BEDROOM property which in our opinion is offered to the market in IMMACULATE DECORATIVE order and boasts a delightful blend of elegance and comfort. This property is set within GENEROUS GROUNDS with plenty of OFF-STREET PARKING, GARDENS, YORKSHIRE STONE BARN with GRANTED PLANNING PERMISSION to convert into ANNEXE (with permission to let) and FANTASTIC VIEWS over the surrounding NORTH YORK MOORS, the SEA and Scarborough Castle!
As you step inside, you are greeted by a spacious lounge with a log burner and beamed ceilings, a sunlit sunroom with built-in storage and a door out to the gardens, a convenient downstairs WC, utility room, and a modern open-plan kitchen fitted with a range of modern units, space for a range cooker and open to a stunning dining area - ideal for hosting gatherings. Venture upstairs to discover a master bedroom with a modern en-suite bathroom (Jack and Jill bath) and access to a light and airy upstairs lounge or additional bedroom, a second bedroom with its own en-suite shower room, two more double bedrooms, and a separate shower room. Outside, the property sits on generous grounds offering open views of the picturesque North Yorkshire moors, the Sea and Scarborough Castle, plenty of off-street parking and a spacious Yorkshire Stone Barn which has planning permission granted in 2022 to convert into an annexe. Planning reference: 22/01969/HS.
Being located within the highly sought after village of Scalby means the property affords excellent access to a wide range of attractions and amenities, Scarborough RUFC clubhouse and gym. The property is also on a regular bus route into Scarborough and to Whitby and offers excellent walking nearby along the old Scarborough to Whitby railway line or along Scalby beck.
Accommodation -
Ground Floor -
Lounge - 6.1m max x 4.4m (200' max x 145') -
Dining Room - 5.3m max x 4.2m (174' max x 139') -
Kitchen/Diner - 5.7m max x 5.4m max (188' max x 178' max) -
Downstairs Wc - 1.5m x 1.4m (411' x 47') -
Utility Room - 2.8m x 2.0m (92' x 66') -
Sun Room - 5.1m max x 2.1m max (168' max x 610' max) -
First Floor -
Landing - 8.6m x 1.7m max (282' x 56' max) -
Master Bedroom - 3.8m max x 3.8m (125' max x 125') -
En-Suite To The Master - 3.0m x 1.5m (910' x 411') -
Occasional Bedroom/Upstairs Lounge - 5.3m x 4.3m (174' x 141') -
Bedroom Two - 3.7m max x 3.7m max (121' max x 121' max) -
En-Suite To Bedroom Two - 2.5m x 1.2m (82' x 311') -
Bedroom Three - 3.7m max x 3.7m max (121' max x 121' max) -
Bedroom Four - 3.3m x 2.8m (109' x 92') -
House Bathroom - 2.5m x 1.7m (82' x 56') -
Other: -
Yorkshire Stone Barn (Scope To Be An Annexe) - 8.0m x 4.2m (262' x 139') -
Services - We have been advised that the property does have mains electric, Oil fired central heating and private treatment plant drainage. The property has the fantastic benefit of fast fibre broadband which has helped run an international business!
Details Prepared - TLPF/300424
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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