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£750,000 Guide Price
Bedrooms
Bathrooms
This SUBSTANTIAL FOUR BEDROOM DETACHED RESIDENCE which provides GENEROUS LIVING PROPORTIONS of approx 3500 square feet with a FEATURE OPEN PLAN KITCHEN/DINING/FAMILY ROOM, EN-SUITES to all bedrooms, AMPLE OFF-STREET PARKING, GARAGE and LAWNED GARDENS.
The house has been meticulously redesigned and incorporates a number of key traditional architectural details, together with modern specifications, ranging from the small handmade bricks, period style sash windows, stone entrance and string course, to the Georgian railings fronting the property. Previously a 1950s style detached property, a programme of extensive development, extensions and landscaping has resulted in a superb, feature family home with open plan living and the wow factor with high specification modern finish and decoration throughout. The property has the additional benefit of underfloor heating to the entire of the ground floor plus underfloor heating to the first floor bathrooms.
The accommodation itself briefly comprises of a entrance vestibule and double doors leading to a feature spacious entrance hall with separate w/c and utility room off as well as doors leading to a formal lounge and dining room at the front of the house then to the rear a substantial open plan family room/diner and modern breakfast kitchen with glass windows and doors to the rear overlooking and providing access out to the rear garden. Off this room is also a study with further door leading into the integral garage. To the first floor is a feature galleried landing with doors leading to four generous double bedrooms all of which benefit from en-suite facilities plus a further house bathroom
Being located within the ever popular Stepney area the house affords excellent access to a good range of amenities including Scarborough Hospital, Falsgrave shopping parade and a choice of popular drinking/eating establishments therein, also a choice of popular schools and colleges as well as being near a regular bus route.
Accommodation: -
Ground Floor -
Entrance Vestibule - 2.1m x 1.4m (610' x 47') -
Hallway - 8.6m max x 3.1m max (282' max x 102' max) -
Lounge/Cinema Room - 6.0m x 3.6m (198' x 119') -
Formal Dining Room/Play Room - 4.8m x 3.9m (158' x 129') -
Open Plan Kitchen/Family Room/Dining Area - 11.5m max x 10.1m max (378' max x 331' max) -
Utility Room - 3.9m max into cupboards x 2.7m max (129' max into -
Study - 3.6m x 2.3m (119' x 76') -
Gym - 4.5m x 3.6m (149' x 119') -
Bike/Log Store - 3.6m x 1.7m (119' x 56') -
Downstairs Wc - 1.2m x 1.1m (311' x 37') -
First Floor -
Landing - 5.2m x 3.2m (170' x 105') -
Master Bedroom - 6.1m x 4.8m (200' x 158') -
En-Suite To The Master Bedroom - 3.9m x 2.4m (129' x 710') -
Bedroom Two - 5.9m x 3.9m max (194' x 129' max) -
En-Suite To Bedroom Two - 3.1m x 1.4m (102' x 47') -
Bedroom Three - 4.8m max x 3.7m (158' max x 121') -
En-Suite To Bedroom Three - 2.6m x 1.2m (86' x 311') -
Bedroom Four - 4.7m x 3.0m (155' x 910') -
En-Suite To Bedroom Four - 2.7m x 1.4m (810' x 47') -
House Bathroom - 2.6m x 2.4m (86' x 710') -
Potential Balcony (Subject To The Necessary Permis - 5.2m x 3.2m (170' x 105') -
Details Prepared - TLPF
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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