6 bedroom semi-detached for sale

£695,000 Guide Price

6

Bedrooms

2

Bathrooms

Floorplan

A substantial 6 bedroom semi detached residence set in private walled grounds in an elevated position with views of the Hambleton hills. The property also has the addition of a separate dwelling offering the buyer a range of possibilities such as a separate income stream.

A substantial 6 bedroom semi detached residence set in private walled grounds in an elevated position with views of the Hambleton hills. The property also has the addition of a separate dwelling offering the buyer a range of possibilities such as a separate income stream.

This family home offers both spacious and flexible living accommodation with all the receptions rooms being of generous proportions.
The accommodation briefly comprises: an entrance vestibule which opens into a welcoming reception hall with stairs to the upper floors and provides access to all the ground floor reception rooms as well as the ground floor shower room. The lounge has a bay window to the front elevation and traditional open fireplace with tiled frieze, a further generous sitting room has Victorian style combination cast iron open feature fireplace and ample space for a dining room table if desired, double doors open into the conservatory overlooking the rear
garden with a further set of doors directly into the dining kitchen.

To the first floor there 2 double bedrooms both with feature fireplaces, a single bedroom and the house bathroom, on the second floor there 2 further double bedrooms (one with feature fireplace) and a further single bedroom.

Outside, the property is accessed via a private drive to the rear with parking for a number of cars. The generous garden lies to the side and to the rear of the property with well-maintained flower beds and borders full of herbaceous plants and shrubs. There are two paved
areas which have space for a table and chairs, ideal for alfresco dining. The garden is bounded by high hedging and wall, creating a high degree of privacy.

Additional dwelling
In addition, there is an additional dwelling which is in midst conversion and having the benefit of planning permission (06/04256/FUL) to be an independent dwelling. This modern and attractive larch clad building is 7 metres from the main house with its own private entrance. It is currently used as a 2 bedroomed apartment with open plan living dining kitchen area and house bathroom. The appealing ground floor space is at a stage for the purchaser to create their own vision, whether this is to keep the open plan living and add a staircase to the first floor where the current layout would create a 3 bedroom and bathroom or to keep the two floors as separate spaces. EPC Annex Rating C

Situation
Beyond its boundaries the property is within 20 metres of a bus stop and is extremely well located for quick access to Harrogate (11 miles) with its direct through trains to London. The local nature reserve for dog walking is only a stones throw away and Ripon town centre is within walking distance. Ripon offers a wide variety of shops, services, leisure and recreational facilities, as well as schooling for primary and secondary ages including Ripon Grammar school. Ripon offers easy access to the A1 motorway network and lies approximately 10 miles from the East Coast Line station at Thirsk, offering direct trains to London.

Additional Information
Tenure: Freehold with vacant possession on completion.

Services: Mains gas, water and drainage

Council Tax: Band D, Annex band A

EPC Annex Rating C

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 the centre of Ripon, head south on Harrogate Road for approximately 1 mile and you will find the property located on the left-hand side. When viewing the property, it is suggested that you park at the rear of the property where you will see a large brick wall on your right-hand side, which is the garden wall for the property as well as the entrance to the driveway.

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

£ 576075

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
    £ 17375
  • 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

£ 54825
  • 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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