4 bedroom bungalow for sale

£795,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

An attractive and spacious detached bungalow with contemporary self-contained annexe, set amidst delightful gardens extending in all to 0.34 acres (0.14 ha) together with ample parking, integral double garage and further potential for extension subject to the necessary consents.

An increasingly rare opportunity to acquire a stunning detached bungalow set amidst delightful gardens extending in all to 0.34 acres (0.14 ha) together with a beautifully appointed and recently refurbished annexe, ideal for those wanting multi generational living or for those wishing to obtain a separate letting income.

With gas central heating and UPVC double glazing, Sheilings briefly comprises a spacious reception hall with an attractive lounge with double opening French doors and feature bow window overlooking the delightful gardens. A separate dining room has a door leading into the breakfast kitchen which comprises a matching range of wall and base units with working surfaces and tile splashbacks over. The principal bedroom has built in wardrobes and an en suite shower room, there are two further double bedrooms, both with built-in wardrobes, and the house bathroom with a matching white three piece bath suite. There is also access through to the annexe.

A superb raised terrace runs along the full width of the property and leads to the self-contained annexe which has been refurbished to a high specification and reveals contemporary interiors. The annexe has recently been let for 795 per calendar month and offers a superb open plan living dining kitchen with French doors onto the rear garden. The kitchen comprises a contemporary range of matching wall and base units with oven and four ring induction hob with filter hood over, and integrated appliances including washing machine, fridge and freezer. There is also a contemporary freestanding wood burning stove, a double bedroom with built in wardrobes and modern shower room with large walk in shower and twin wash hand basins

Outside the property is approached via a five bar gate to a large tarmac and gravelled parking and turning area. The property has an integral double garage and a further feature are the extensive southerly facing private rear gardens which are laid predominantly to lawn, with mature trees and shrubs and will no doubt appeal to both those entertaining and for those with family requirements.

Sheilings enjoys a prime location on the outskirts of Knaresboroughs historic market town where there is shopping, recreational and schooling facilities for all age groups, there is also a railway station with main line links and the southern bypass is also convenient with the A1M providing comfortable daily access to the commercial centres of North and West Yorkshire.

Local Authority & Council Tax Band
North Yorkshire Council,
Council Tax Band E Sheilings. Council Tax Band B Garden Apartment, Sheilings

Tenure, Services & Parking
Freehold
All mains services are installed. Central heating and hot water via gas boiler.
There is a separate council tax for the annexe and also separate services including gas water
and electricity. The annexe EPC rating is D (65) with a potential B rating (85)
Ample driveway parking and integral garage
Would prospective purchasers please note that the lead photo has been taken from the
rear.

Internet & Mobile Coverage
The Ofcom website shows internet available from at least 1
provider. Outdoor mobile coverage (excl 5G) likely 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

Flooding
Check for flooding in England - GOV.UK indicate the long term flood risks for this property are: -
Surface Water - Very low; Rivers & the Sea - Very low; Groundwater - Flooding from
groundwater is unlikely in this area; Reservoir - Flooding from reservoirs is unlikely in this area.

From our office proceed down the High Street turning left and immediately right onto the B1615 for approximately half a mile where the property can be found on your left hand side clearly marked by our for sale board.

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

£ 658575

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
    £ 19875
  • 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

£ 62325
  • 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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