4 bedroom detached for sale

£232,500

4

Bedrooms

1

Bathrooms

Floorplan

Nestled on Ashville Avenue in the charming coastal town of Scarborough, this beautifully renovated house offers a perfect blend of modern living and traditional comfort. With four spacious bedrooms, this property is ideal for families or those seeking extra space. The house boasts two inviting reception rooms, providing ample room for relaxation and entertaining guests.

The heart of the home is the open plan kitchen and breakfast room, which has been designed to an excellent standard, making it a delightful space for culinary enthusiasts and family gatherings alike. The property features a well-appointed bathroom, shower room and an additional separate W/C, ensuring convenience for all residents and visitors.

One of the standout features of this home is the enclosed private rear yard, offering a tranquil outdoor space for enjoying the fresh air or hosting summer barbecues. The location is particularly appealing, situated in the popular Peasholm area, which is conveniently close to the town centre, the picturesque North Bay, and the train station, making it easy to explore the surrounding areas.

This property presents a wonderful opportunity for those looking to settle in a vibrant community while enjoying the comforts of a modern home. With its excellent standard of renovation and prime location, it is not to be missed.

To arrange a viewing please contact our friendly team on or visit our website

Accommodation -

Ground Floor -

Living Room - 3.6 x 4.2 max (119' x 139' max) -

Dining Room/Bedroom 4 - 3.7 x 3.5 max (121' x 115' max) -

Kitchen/Breakfast Room - 6.0 x 3.2 max (198' x 105' max) -

First Floor -

Bedroom 1 - 3.6 x 3.6 max (119' x 119' max) -

Bedroom 2 - 3.7 x 3.5 max (121' x 115' max) -

Bedroom 3 - 2.0 x 3.6 max (66' x 119' max) -

W/C - 1.3 x 0.9 max (43' x 211' max) -

Shower Room - 2.1 x 1.5 max (610' x 411' max) -

Bathroom - 3.2 x 2.3 max (105' x 76' max) -

Second Floor -

Loft Room/Bedroom 5 - 4.9 x 3.2 max (160' x 105' max) -

Externally - To the front of the property lies a small front courtyard with steps leading to the front door. To the rear of the property lies a private south facing enclosed rear yard with access to the back lane.

Details Prepared - AB250325

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

£ 182887.5

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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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
    £ 5812.5
  • 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

£ 8512.5
  • 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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