Gritstone Road, Matlock, Derbyshire, DE4

1 /2
Available / For Sale

4 bedroom detached for sale

£395,000

4

Bedrooms

1

Bathrooms

Floorplan

Situated to a popular edge of town location and well placed for good schooling, this brick and part rendered detached house offers four bedrooms, two reception rooms plus conservatory extension off the kitchen. The property benefits from front and rear gardens, off road parking and single garage. The property offers well proportioned and well balanced accommodation and would suit a variety of purchasers and a viewing is highly recommended.

Matlocks town centre facilities lie around one mile away and local road links lead around the town and to the neighbouring centres of employment to include Chesterfield, Alfreton and Bakewell, with the cities of Sheffield, Derby and Nottingham each within daily commuting distance. The recreational delights of the Derbyshire Dales and Peak District countryside are on the doorstep.

ACCOMMODATION
A part glazed door opens to an entrance hall with stairs rising to the first floor and door opening to a useful coat and boot cupboard with window.

Sitting room - 5.96m x 4.31m (19 7' x 14 2') a generous and comfortable reception room with broad front facing window. As a focal point to the room there is a marble fireplace with inset flame effect gas fire. A glazed door opens to the...

Dining room - 3.04m x 3.01m (10 x 9 10') an extension to the original house, with sliding doors which allow direct access to the rear garden.

Kitchen - 4.32m x 2.78m (14 2' x 9 2') accessed from the sitting room, and fitted with an extensive range of cupboards, drawers and work surfaces, with stainless steel sink unit, gas hob with built-in extractor over, eye level oven and microwave, fridge / freezer, integral dishwasher and plumbing for an automatic washing machine. There is the benefit of an island unit providing additional preparation space, breakfast bar and storage. A window overlooks the side of the property, and the kitchen is open to the adjoining...

Conservatory - 3.84m x 3.04m (12 7' x 10) of uPVC and dwarf brick wall construction, a useful additional living space with plenty of natural light, and French doors opening to the patio.

From the hall, stairs rise to the first floor galleried landing with access to the roof void, front facing window and doors to the bedrooms and bathroom.

Bedroom 1 - 3.18m x 3.04m (10 5' x 10) a front facing double bedroom with wash hand basin to the corner and built-in wardrobe. Far reaching views, with Riber Castle in the distance.

Bedroom 2 - 3.04m x 2.79m (10 x 9 2') a rear facing double bedroom.

Bedroom 3 - 3.04m x 2.47m (10 x 8 1') a rear facing double bedroom with range of built-in wardrobes.

Bedroom 4 - 4.32m x 2.79m (14 2' x 9 2') the largest of the four double bedrooms with rear facing window.

WC - a separate WC with built-in cistern and side facing obscure glazed window.

Bathroom - 3.29m x 2.13m (10 10' x 7) fitted with a panelled bath with shower over and folding glazed screen and wash hand basin set to a useful cupboard with vanity surface. There is a useful store which houses the gas fired combination boiler, towel radiator and two windows both with obscure glazing.

OUTSIDE & PARKING
The house is set back from the road by a garden which is laid to lawn with roses planted to gravelled borders. A driveway provides off road parking and leads to the...

Single garage - with up and over door, light and power. There is a side facing window and door allowing external access.

The principal gardens are found at the rear. There is a patio by the conservatory and house with raised beds, a useful gravelled area with shed to the side of the dining room extension offers scope for vegetable growing or clothes drying. The large lawn area is raised from the house and accessed via a flight of stone steps. There is a patio seating area under a large tree screened by trellis to provide privacy, there are mature shrubs and specimen trees to the borders and other pockets of planting. All in all, the garden offers an excellent space for family recreation and relaxation and opportunity for the green fingered enthusiast to stamp their own mark.

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 E

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 before turning right at the mini-roundabout onto Steep Turnpike. Rise to the top of the hill and at the T-junction turn left onto Chesterfield Road. Rise up the hill and continue on past the Duke of William public house before turning left after around 150m onto Wolds Road. At the next T-junction turn left onto Gritstone Road, proceed round the right hand bend and no. 54 can be found on the right hand side, identified by the agents For Sale board.

WHAT3WORDS - valuables.peanut.oaks

VIEWING - Strictly by prior arrangement with the Matlock office .

Ref: FTM10812

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

£ 328575

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
    £ 9875
  • 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

£ 32325
  • 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

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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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