4 bedroom cottage for sale

£470,000

4

Bedrooms

3

Bathrooms

Floorplan

A rarely available, completely refurbished and transformed cottage in this prime location, overlooking the village green. The property boasts four double bedrooms, family bathroom, two en-suites & cloaks/WC, spacious lounge with bi-folding doors & log burning stove, a 26 ft. kitchen/dining room also with bi-folding doors opening to the garden and a utility room. There are two parking spaces to the front of the property with a garage and a private South facing garden to the rear. Wolviston offers idyllic village life with a very well regarded primary school, pub, shop/post office and excellent access for commuting with the A19 only approximately 0.5 miles away and the A1 10 miles away as well as being only a short drive to amenities in Billingham town centre. Energy Rating: C-76. Council Tax Band: E 3,043.45pa.

Entrance Hall - Composite entrance door with feature light, oak & glass staircase to first floor, under stair storage, FirmFit wood effect herringbone luxury vinyl flooring and a radiator.

Cloakroom/Wc - Vanity unit housing wash basin, low level WC, FirmFit wood effect herringbone luxury vinyl flooring, extractor fan and a chrome heated towel rail.

Lounge - 6.23m x 3.41m (205' x 112') - Front aspect UPVC double glazed window overlooking the green and rear aspect aluminium Bi-folding doors opening to the garden. Feature fireplace with log burning stove, spot lights and a radiator.

Kitchen/Dining Room - 8.13m x 3.99m (268' x 131') - Front aspect UPVC double glazed window overlooking the green and a side aspect UPVC double glazed window with marble sills and rear aspect aluminium Bi-folding doors opening to the garden. A range of base & wall units including island with marble worksurfaces & upstands incorporating a sunken stainless steel sink with mixer tap. Stoves electric range cooker with stainless steel extractor hood over and an integrated dishwasher. FirmFit wood effect herringbone luxury vinyl flooring, spot lights, radiator and a modern column radiator.

Utility Room - 1.74m x 1.94m (58' x 64') - Rear aspect UPVC door opening to the garden. Base & wall units with marble worksurfaces & upstands incorporating a sunken stainless steel sink with mixer tap. Space & plumbing for a washing machine and tumble dryer, FirmFit wood effect herringbone luxury vinyl flooring and an extractor fan.

First Floor Landing - Front aspect UPVC double glazed window overlooking the green, oak & glass staircase and access to the loft.

Bedroom One - 4.41m x 3.52m (145' x 116') - Front aspect UPVC double glazed window overlooking the green, two built-in wardrobes and a radiator.

En-Suite Shower Room - Rear aspect UPVC double glazed window, walk-in cubicle with thermostatic mixer shower, vanity unit housing wash basin and a low level WC. FirmFit wood effect herringbone luxury vinyl flooring, extractor fan and a chrome heated towel rail.

Bedroom Two - 3.53m x 4.00m (116' x 131') - Rear aspect UPVC double glazed window overlooking the garden and a radiator.

Jack & Jill En-Suite - Rear aspect UPVC double glazed window, double walk-in cubicle with thermostatic mixer shower, vanity unit housing wash basin and a low level WC. FirmFit wood effect herringbone luxury vinyl flooring, extractor fan and a chrome heated towel rail.

Bedroom Three - 4.26m x 2.51m (1311' x 82') - Front aspect UPVC double glazed window overlooking the green and a radiator.

Bedroom Four - 3.43m x 3.35m (113' x 1011') - Front aspect UPVC double glazed window overlooking the green, built-in wardrobe and a radiator.

Family Bathroom - Rear aspect UPVC double glazed window, free standing roll-top, clawfoot slipper bath, vanity unit housing wash basin and a low level WC. FirmFit wood effect herringbone luxury vinyl flooring, extractor fan and a chrome heated towel rail.

Externally - There are two block paved parking spaces to the front of the property and a garage (6.34m x 2.55m) with double front doors and a rear aspect UPVC double glazed door accessed from the garden. To the rear is a South facing private multi-level garden with a block paved patio and lined by established trees and shrubs.

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

£ 390450

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
    £ 11750
  • 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

£ 37950
  • 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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  %
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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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