2 bedroom semi-detached for sale

£350,000

2

Bedrooms

1

Bathrooms

Floorplan

Enjoying a prime village location, this traditional semi-detached house offers opportunity for general updating and scope to extend and create a larger family home, subject to the necessary planning consents. The house stands to the centre of a substantial plot benefitting from good gardens to the front and rear, and a gated drive providing ample parking.

Existing accommodation has been well maintained over the years and includes a dining kitchen, sitting room and WC on the ground floor, plus two double bedrooms and a bathroom at first floor level.

Ashover is a highly regarded village, which boasts a thriving community, a highly regarded primary school and handful of local pubs, shops and recreational facilities. There is ready access to the surrounding countryside, whilst good road communications lead to neighbouring centres of employment to include Matlock (4 miles), Chesterfield (6 miles) and Alfreton (8 miles). The cities of Sheffield, Derby and Nottingham each lie within daily commuting distance.

ACCOMMODATION
Entrance hall - with doors to the ground floor rooms and stairs leading to the first floor.

Sitting room - 4.73m x 3.59m (15 6' x 11 10') the measurements not including the bay window looking across the front. A second window at the rear allows good natural light and there is a solid fuel fire to the chimney breast

Kitchen - 4.30m x 4.11m (14 1' x 13 6') fitted with a modest range of cupboards, work surfaces and sink unit. There is agas fire to the chimney breast and again, excellent natural light and pleasant outlook through dual aspect windows.

A door leads off to a utility/hall with external access and door to a

Cloakroom - with WC.

The first floor landing has a rear aspect window and doors to

Bedroom 1 - 4.30m x 3.59m (14 1' x 11 9') a good sized double bedroom with pleasant views to the front and rear

Bedroom 2 - 4.11m x 3.19m (13 6' x 10 6') a second double bedroom with front aspect window and built-in storage

Bathroom - 2.79m x 1.71m (9 2' x 5 7') with a panelled bath with shower above, wash hand basin set to a vanity service with storage beneath, and a WC.

OUTSIDE & PARKING
From the roadside a pair of iron gates lead to a gravelled driveway which provides ample parking and turning space. A garage stands to one side, which is need of repair and adjoining the driveway a level area of lawn and border planting.

The rear gardens are generous in size and with an open outlook across the primary school recreation fields and countryside beyond. They are principally level, laid to grass with hedge and fence boundaries.

TENURE - Freehold.

SERVICES - All mains services are available to the property, which enjoys the benefit of gas fired central heating and uPVC double glazing. No specific test has been made on the services or their distribution.

EPC RATING - Current 57D / Potential 80C

COUNCIL TAX - Band C (North East Derbyshire District Council)

FIXTURES & FITTINGS - Only the fixtures and fittings mentioned in these sales particulars are included in the sale. Certain other items may be taken at valuation if required. No specific test has been made on any appliance either included or available by negotiation.

DIRECTIONS - From the A632 Matlock to Chesterfield Road turn right at Kelstedge as signed for Ashover. Follow the road towards the village before turning right into Narrowleys Lane. Sunnydene can be found on the right hand side just before the school, identified by the agents For Sale board.

WHAT3WORDS - mailings.crows.repeating

VIEWING - Strictly by prior arrangement with the Matlock office .

Ref: FTM10737

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

£ 291450

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
    £ 8750
  • 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

£ 28950
  • 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.

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