Church Street, Matlock, Derbyshire, DE4

1 /17
Available / For Sale

4 bedroom detached for sale

£550,000

4

Bedrooms

3

Bathrooms

Floorplan

Built of natural stone beneath a slated roof, this substantial modern detached house provides generously proportioned family accommodation, extending to around 2,000 sq ft and with the benefit of a detached double garage, ample car parking and easily managed gardens. Designed for modern lifestyles, there is a sizeable dining kitchen, utility room, together with a good sized sitting room and dining room, being semi-open plan, plus a downstairs cloakroom. On the first floor, there are four double bedrooms, two with ensuite facilities, and a separate family bathroom. The surrounding gardens are landscaped for ease of maintenance and include lawns, and a block paved patio at the rear for year round recreation and entertaining.

Tucked away from the main thoroughfare to a cul-de-sac shared with just three other properties, accessed behind the former St Giles Primary school, now an attractive conversion. The property is conveniently situated around half a mile from Matlocks town centre shops and facilities. Starkholmes remains a sought after location, which boasts access to countryside, well respected primary and secondary schools close-by, and the beautiful St Giles Church, which stands prominently in old Matlock.

ACCOMMODATION
A front door opens to an entrance porch which in turn opens to a central hallway with stairs leading off to the first floor, beneath which is a useful storage cupboard and access to a...

Cloakroom - with wash hand basin and WC.

Dining room - 4.93m x 4.29m (16 2' x 14 1') accessed off the central hallway and with an open plan aspect through a broad open doorway to the sitting room. There is a broad front aspect window and wood grain effect laminate flooring.

Sitting room - 6.05m x 4.93m (19 10' x 16 2') with a window facing the rear and hardwood sliding patio doors which allow external access to the rear gardens.

Dining kitchen - 5.25m x 4.29m (17 3' x 14 1'fitted with a range of built-in cupboards, drawers and work surfaces set around a range style cooker with glass and steel extractor canopy above. There is a stainless steel sink unit, integral dishwasher and ample space for other appliances. There is a pleasant outlook to the front and door leading through a rear hall having external access and to the...

Utility room - 2.10m x 1.95m (6 11' x 6 5') with stainless steel sink unit, positions for an automatic washing machine and tumble dryer. A wall mounted gas fired boiler serves the central heating and hot water system. Also within the room is a substantial hot water cylinder.

From the central hallway, stairs rise to a central galleried landing having access to the roof void and bathroom and bedroom accommodation.

Principal bedroom 1 - 4.93m x 4.74m (16 2' x 15 7') with a pleasant front aspect looking across the cul-de-sac towards St Giles Church and the slopes of Matlock beyond. A door opens to an...

Ensuite shower room - fully tiled and fitted with a white suite to include WC, wash hand basin and walk-in shower cubicle with bi-fold doors. Chromed ladder radiator.

Family bathroom - again fully tiled to walls and floor, and fitted with a white suite including a WC, wash hand basin and a panelled bath with mixer shower above.

Bedroom suite 2 - 5.25m x 3.29m (17 3' x 10 9') with views towards the neighbouring school playing fields, beyond which the slopes rise towards Riber. There is the benefit of an...

Ensuite shower room - fitted with a shower cubicle, WC and wash hand basin. Full height ceramic tiling to the walls.

Bedroom 3 - 4.93m x 4.38m (16 2' x 14 4') a generously proportioned double bedroom with part restricted head height on one side where there is a broad Velux roof light. Additional window the side.

Bedroom 4 - 4.28m x 2.95m (14 x 9 8') a comfortable fourth bedroom, again with pleasant views to the front looking towards the town.

OUTSIDE & PARKING
Accessed is off the cul-de-sac to a broad block paved driveway, which provides ample car standing and access to a...

Detached double garage - stone built beneath a slate roof as with the house, there are two up and over doors, personnel door and window to the side. Electric power and light, storage options in the roof void and there is ample space to create a workshop.

To the front, a low natural stone wall encloses an attractive forecourt garden laid to lawn with gated pathway which leads to the front door. A right of way exists to an informal path off Church Street and separately to the side of the house where a gate opens to the rear gardens.

The rear gardens have been landscaped for ease of maintenance and include a large block paved patio area surrounded by raised gardens with hedge screening at the boundary.

TENURE - Freehold

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

EPC RATING - Current 72C / Potential 81B

COUNCIL TAX - Band G

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 and proceed to Matlock Green. Turn right onto Church Street and rise up the hill, continuing past St Giles Church and the Duke William public house before locating the former St Giles School on the left hand side. The driveway leads to the side of the former school into St Giles Manor. Follow the cul-de-sac around to the right and no. 2 can be found on the right hand side.
Note: the cul-de-sac has the benefit of a visitor parking area for communal use.

WHAT3WORDS - freely.having.bravest

VIEWING - Strictly by prior arrangement with the Matlock office .

Ref: FTM10810

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

£ 456450

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
    £ 13750
  • 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

£ 43950
  • 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.

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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
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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