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£595,000 Guide Price
Bedrooms
Bathrooms
A well-appointed and characterful barn conversion enjoying breathtaking views toward the Nidd Gorge together with ample parking and a range of outbuildings and paddock extending in all to just over 1 acre (0.41 ha), situated within this highly sought after location on the fringe of Knaresboroughs historic market town.
An increasingly rare opportunity to acquire an attractive barn conversion enjoying breathtaking views toward the Nidd Gorge and set amidst just over 1 acres (0.41 ha) in total, together with a range of outbuildings offering excellent further potential.
Viewing is strongly recommended to fully appreciate this unique detached barn and with oil underfloor heating the property briefly comprises spacious entrance hall with French doors onto the rear terrace which takes full advantage of the magnificent views. There is a further reception hall which leads to the sitting room with vaulted ceiling and attractive A frame timbers and French doors onto the rear terrace taking full advantage of the views, there is a most attractive open fire which links to the dining room with stone hearth and mantle over. The dining room also has a vaulted ceiling with exposed ceiling timbers.
The dining kitchen again has a vaulted ceiling with exposed ceiling timbers and features a range of wall and base units with working surfaces and tile splash backs over, there is a double oven with four ring electric hob, integrated dishwasher and integrated fridge.
An inner hallway leads to two double bedrooms, the principal having French doors to the rear and a jack and jill bathroom for the main house. From the inner hall a loft ladder leads to a useful fully boarded attic with skylight.
There is a driveway providing off street parking adjacent to the house and there is a delightful elevated terrace ideal for entertaining, overlooking the Nidd Gorge. Beyond is the paddock accessed via gates from either the garden or gravelled area adjacent to the outbuildings.
A pathway leads down to a partially walled formal garden and beyond there is an outbuilding housing the oil tank and water tank together with stop taps for the neighbouring two properties and also a separate electricity for the water and sewage treatment plant, a gravelled driveway provides ample off street parking and leads to the open stone barn measuring 253x136 and there is also a further timber open fronted outbuilding which measures 439 x 215.
Both outbuildings offer excellent further potential and have electric light and power installed and the timber outbuilding also has water. Beyond is the paddock which adjoins woodland which leads down onto the Nidd Gorge. There may also be adjoining land available to rent by separate negotiation.
The property is situated on the edge of Knaresboroughs historic market town which is served with extensive shops, schools for all age groups and transport services including a railway station with main line links. The southern bypass is convenient and offers access to the principal commercial centres of North and West Yorkshire. The property enjoys a delightful aspect over the Nidd Gorge where pleasant walks can be enjoyed.
Local Authority & Council Tax Band
North Yorkshire Council,
Council Tax Band C
Tenure, Services & Parking
Freehold
There is joint water treatment plant with two neighbouring properties and the water supply is from the Mount Garrett Estate.
With regard to the Promap and the exact acreage this is only estimated as there is no specific boundary on Promap. Prospective purchasers should enquire further with the selling agent.
Mains electricity and oil underfloor heating. Sewerage via a joint water treatment plan.
Ample off street parking
Internet & Mobile Coverage
The Ofcom website shows internet available from at least 1 provider. Outdoor mobile coverage (excl 5G) available from at least 1 of the UKs 4 main providers. Results are predictions not a guarantee & may differ subject to circumstances, exact location & network outages
Agents Notes:
There is joint water treatment plant with two neighbouring properties and the water supply is from the Mount Garrett Estate.
With regard to the Promap and the exact acreage this is only estimated as there is no specific boundary on Promap. Prospective purchasers should enquire further with the selling agent.
From our office proceed down the High Street and at the mini roundabout turn left and immediately right towards Ripley in the B6165, after approximately 2 miles, turn left onto Milner Lane where the property can be seen on your left hand side.
Map location is not available for this property.
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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