Harrogate Road, Ferrensby, Knaresborough, North Yorkshire, HG5

1 /17
Available / For Sale

3 bedroom detached for sale

£750,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

OPEN TO VIEW BY APPOINTMENT ONLY SATURDAY 17TH MAY 10.00 - 1PM & TUESDAY 20TH MAY 3 - 4.30PM. An attractive double fronted detached family home set amidst delightful gardens extending in all to 1 acre (0.41 ha) and offering excellent potential for extension or re-development (subject to all the necessary consents) and situated within this highly regarded village.

Sanders is an attractive three bedroom family home set amidst delightful gardens extending in all to 1 acre (0.41 hectares). The property offers excellent potential for extension or redevelopment subject to all the necessary consents.

With gas central heating the property briefly comprises central reception hall. There is an attractive though lounge with open fire and there is a well-proportioned dining room with log burning stove. The breakfast kitchen has a range of matching painted wall and base units with working surfaces over. There is a Rangemaster oven and space for appliances.

To the first floor there are two double bedrooms both having attractive fireplaces and one having a comprehensive range of built in wardrobes. There is a third single bedroom, house bathroom and separate shower room.

Outside a sweeping gravelled driveway leads to a detached garage and ample off-street parking. Sanders is set well back from the road with a deep lawned garden with well stocked flower bed borders. There is a terrace to the rear and a delightful folly with feature terraced areas, pergola and a garden room (99x89) with electric light and power. Beyond is a stable with power, light and water and two greenhouses.

Ferrensby is a sought after village, ideally placed for the commuter being within easy reach of the A1(M) which offers direct access to Yorkshires commercial centres and further afield. The property is well-placed for the market towns of Knaresborough and Boroughbridge, with schooling for all ages groups, recreational facilities and shops for all daily needs.

Local Authority & Council Tax Band North Yorkshire Council Council Tax Band F

Tenure, Services & Parking Freehold Mains electricity, water, drainage and gas are installed. Domestic heating and hot water are from a gas-fired boiler Ample parking and garage

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.

Proceed out of Knaresborough on the Boroughbridge road and upon entering the village of Ferrensby, 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

£ 621450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 18750
  • 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

£ 58950
  • 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

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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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