Bakewell Road, Matlock, Derbyshire, DE4

1 /17
Available / For Sale

3 bedroom semi-detached for sale

£230,000

3

Bedrooms

1

Bathrooms

Floorplan

This stone fronted semi-detached house stands to a convenient location to the edge of the town. The well presented and well balanced accommodation comprises entrance hallway, sitting through dining room and kitchen to the ground floor; with three bedrooms (2 double, 1 single) and bathroom to the first floor. The garden to the front has been attractively landscaped and at the rear the principal garden is mainly laid to lawn with both patio and decked terraces making the most of the outside space and views. The property would ideally suit the growing family, professional couple or downsizers looking for an easily managed home.

Standing just over a mile from Matlocks town centre, the amenities of Darley Dale are also close by. The property sits alongside the main A6 allowing excellent road access both locally and further afield with the neighbouring market towns including Bakewell, Chesterfield and Alfreton. The cities of Sheffield, Derby and Nottingham are also within daily commuting distance. the delights of the Derbyshire Dales and Peak District countryside are all on the doorstep, with the Arc Leisure Centre and the White Peak cycle loop nearby.

ACCOMMODATION
A part double glazed uPVC front door, with side windows, opens to a spacious and light entrance hallway with ample space for coat hanging and stairs to the first floor.

Sitting and dining room - 7.90m x 3.41m (25 11' x 11 2') a generous reception room, dual aspect and running from front to back. To the sitting room end, a broad window overlooks the front garden and allows plenty of natural light. There is the added benefit of a wood burning stove to the chimney recess. At the dining room end, a second broad window overlooks the rear gardens.

Kitchen - 4.11m x 2m (13 6' x 6 7') being of galley style and fitted with a range of cupboards, drawers and work surfaces which incorporate a white pot sink and gas hob with extractor fan above. There is an eye level oven and grill and space for free standing appliances. A window overlooks the garden, a second window looks to the side, and a uPVC double glazed door allows external access.

From the entrance hallway, stairs rise to the first floor landing with doors off to...

Bathroom - 2.03m x 1.88m (6 8' x 6 2') fitted with a panelled bath with shower over and glazed screen, WC and wash hand basin set to a useful cabinet with two drawers. There is a chromed ladder radiator, neutral tiling, built-in storage / shelving and rear facing obscure glazed window.

Bedroom 1 - 4.11m x 3m (13 6' x 9 10') a rear facing double bedroom with built-in wardrobes.

Bedroom 2 - 3.79m x 3.53m (12 5' x 11 7') a second double bedroom, front facing with built-in wardrobes.

Bedroom 3 - 2.40m x 1.88m (7 11' x 6 2') a front facing single bedroom with built-in vanity unit.

OUTSIDE
The property is set well back from the roadside by a gently sloping front garden which has been attractively landscaped with pockets of planting, lawn and shale beds. A path dissects the garden and leads to the front door. A path runs down the side of the property providing access to the rear.

The rear gardens are of a good size and are mainly laid to lawn with central path leading from the house and patio to a raised decked area at the top of the garden which spans the width of the garden and provides a delightful vantage point. By the house is a concrete area with useful outbuilding. Steps rise to a generous slabbed patio which provides an excellent area for sitting and alfresco dining, to one side is a shed. The garden offers ample opportunity for further landscaping as required.

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 - to be confirmed

COUNCIL TAX - Band C

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 the A6 Bakewell Road out of the town. After passing the Whitworth Hospital on the right and Darcey House Care Home on the left, no. 338 can be found on the right hand side, identified by the agents For Sale board.

WHAT3WORDS - power.tripods.passages

VIEWING - Strictly by prior arrangement with the Matlock office .

Ref: FTM10798

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

£ 180950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

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
    £ 5750
  • 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

£ 8450
  • 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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