4 bedroom detached for sale

£575,000

4

Bedrooms

2

Bathrooms

Floorplan

Looking out onto open fields, extended at the back with a stunning wall of glass overlooking the gardens from the open plan kitchen/family room, this home in School Lane in Appleby has been extended and completely overhauled by the current owners. Appleby is an idyllic village nestled in the North Lincolnshire countryside, a short commute from the towns of Hull, Lincoln, Grimsby and Scunthorpe

Immaculately presented, this is a beautiful family home with underfloor heating throughout the majority of the property, owned solar panel system and upgraded heating and wiring. The open plan kitchen is a truly special space, with a huge centre island, perfect for families and entertaining, log burner and two sets of sliding patio doors leading out to the South facing patio. There are two further reception rooms, a downstairs W.C., a utility and boot room on the ground floor. Upstairs we have three spacious double bedrooms and a family bathroom. The main bedrooms is a full suite, with walk in wardrobe, dressing room and En suite, all bedrooms overlook the rear gardens.

Outside, the plot is generous, approaching over a sweeping drive the property is set back from the road with a garage and car port with ample drive space for a few cars. Paths on either side lead to to the garden which is secure, extremely private and the patio sweeps across the back of the house, with a pergola situated on the left side of the house.

Viewing is strictly by appointment, please contact us to book.

Entrance Hall -

Kitchen - 6.04 x 3.62 (199' x 1110') -

Sitting Room / Dining Room - 9.17 x 3.67 (301' x 120') -

Lounge - 5.61 x 3.62 (184' x 1110') -

Snug - 4.41 x 2.41 (145' x 710') -

Utility - 2.64 x 2.13 (87' x 611') -

Landing -

Bedroom One -

Dressing Room - 2.66 x 2.41 -

Walk In Wardrobe - 3.09 x 1.48 (101' x 410') -

En-Suite - 2.93 x 1.48 (97' x 410') -

Bedroom Two - 3.62 x 3.08 (1110' x 101') -

Bedroom Three - 3.62 x 2.97 (1110' x 98') -

Bathroom - 3.32 x 2.41 (1010' x 710') -

Garage - 5.77 x 3.08 (1811' x 101') -

Garden Front -

Garden Rear -

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

£ 477075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 14375
  • 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

£ 45825
  • 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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