3 bedroom semi-detached for sale

£250,000

3

Bedrooms

1

Bathrooms

Floorplan

Situated at the heart of this popular village which boasts a thriving community and ready access to the surrounding Derbyshire Dales countryside, this three bedroom semi-detached home offers an excellent opportunity for first time buyers or a growing family. The property was built in the 1970s of reconstituted stone and through recent years has undergone a programme of general upgrading and refurbishment. There are three good bedrooms, spacious through sitting / dining room, off street parking for several vehicles, good sized gardens at the rear, plus delightful views of the surrounding countryside. There is also the benefit of a useful range of low storage beneath the house.

Good road communications lead to the neighbouring market towns of Matlock (3 miles), Bakewell (5 miles), Chesterfield (10 miles) and Alfreton (9 miles). The cities of Sheffield, Derby and Nottingham all lie within daily commuting distance. The delights of the Derbyshire Dales and Peak District countryside are on the doorstep.

ACCOMMODATION
A uPVC double glazed door with matching side panel opens to an entrance hallway with stairs leading to the first floor with useful cupboards beneath the stairs, one having plumbing for an automatic washing machine.

Sitting and dining room - 6.97m x 3.39m (22 10' x 11 1') overall, benefiting from excellent natural light with windows to front and rear, the rear providing a delightful outlook beyond neighbouring properties towards the rolling Derbyshire Dales countryside. As a focal point to the sitting area, a rustic timber lintel is set to the chimney breast beneath which is a log burning stove to a stone hearth.

Fitted kitchen - 2.82m x 2.42m (9 3' x 7 11') including a range of hand-made cottage style cupboards, complemented by open shelving and plate racks, white porcelain sink, plumbing for a dishwasher and eye level oven, grill and microwave, ceramic hob and extractor fan. A door opens to a large cupboard which houses the central heating boiler, an external door allows access from the side, and a rear aspect window provides similar far reaching views.

From the hallway, stairs rise to the first floor landing which has access to the roof void with drop down ladder, the loft being insulated with boarding above.

Bedroom 1 - 3.38m x 3.15m (11 11' x 10 4') front facing double bedroom. TV point.

Bedroom 2 - 3.82m x 3.38m (12 6' x 11 1') with delightful views towards the woods and fields above Lumsdale.

Bedroom 3 - 2.78m x 2.42m (9 1' x 7 11') with similar views to the rear.

Bathroom - 2.16m x 2.08m (7 1' x 6 10') fitted with a modern white suite to include a shaped bath with dry board surround, shower fitting and glazed screen, pedestal wash hand basin, WC and towel radiator.

OUTSIDE
To the front and side of the property, a tarmac driveway provides car standing for several vehicles. The side area is presently enclosed by wooden fencing to create a secure area ideal for pets or small children. The rear gardens are accessed via a flight of steps which descend to a broad full width patio and level lawn, all landscaped for ease of maintenance.

Beneath the house, the under croft / void provides useful storage opportunities, some parts partitioned to create lockable space.

TENURE - Freehold

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

EPC RATING - to be confirmed

COUNCIL TAX - Band TBC (currently assessed for business rates as running as a holiday let at present)

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 Matlock Crown Square, take Causeway Lane out of the town, through Matlock Green and up The Cliff and on into Tansley. On reaching the village, turn left onto Church Street, follow the road passing The Green on the right before turning left into The Knoll. Follow the lane to almost the next T-junction and no. 26 can be found on the left hand side.

WHAT3WORDS - cribs.mops.bills

VIEWING - Strictly by prior arrangement with the Matlock office .

Ref: FTM10574

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

£ 208950

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
    £ 6250
  • 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

£ 21450
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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