Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
Archway Estate Office, 16 Crown Square, Matlock
£145,000 Offers in excess of
Bedrooms
Bathrooms
Situated off the heart of Wirksworths historic town centre and a popular Conservation Area, this character brick built cottage has seen an amount of renovation yet now requires completion and would suit the small builder, developer or private individual with access to relevant trades. The original modest three storey cottage has been enhanced by a two storey extension at the rear where there is separate access and a good sized area of garden. Much of the work has been sympathetically undertaken and includes an amount of stripping back, first fix plumbing to the bathroom and installation of a modern combination gas fired boiler. It is not expected that the property would attract mortgage finance.
Wirksworth is a sought after and historic small market town with a thriving community and bustling local town centre, which boasts a variety of shops, bars, restaurants and amenities. There is access to the recreational delights of the surrounding Derbyshire Dales countryside with nearby attractions including Carsington Water, Black Rock and the High Peak Trail. Good road links lead to the neighbouring centres of employment to include Matlock (5 miles), Bakewell (12 miles), Chesterfield (15 miles), Derby (15 miles).
ACCOMMODATION
Accessing the house from The Dale at ground floor level, a front door opens to a...
Sitting room - 4.20m x 3.70m (13 9' x 12 2') measured overall, the measurements including the stairs which rise to the first floor. There is a multi-paned window to the front, ceiling beams, exposed stonework, plus exposed brickwork and gritstone lintel to the chimney breast which sites a solid fuel grate. A second set of stairs descend to the...
Cellar - 3.86m x 3.45m (12 8' x 11 4') which spans the full breadth of the sitting room above.
Kitchen - 2.90m x 2.84m (9 6' x 9 4') accessed via an open doorway from the sitting room. With a combination of exposed brickwork and new plasterwork, there is a window to the side and feature period timbers. A short flight of steps descend to a rear hall off which there is a store and...
Utility room - 1.62m x 1.20m 95 4' x 3 11') to be completed, with some plumbing in place.
From the sitting room, stairs rise to the first floor, to a second...
Bedroom / living room - 4.20m x 3.70m (13 9' x 12 2') with ceiling beams, multi-paned window to the front and a period fireplace with solid fuel grate. An open doorway leads to a...
Living room / study - 3.19m x 2.90m (10 6' x 9 6') with hardwood window to the side, two roof lights and external access via a lobby and back hall where an external door gives access to and from the rear of the house. Stairs to the second floor.
Off the back hall, a...
Bathroom - 2.54m x 1.62m (8 4' x 5 4') with some plumbing in place and siting the gas fired combination boiler.
From the bedroom / living room, stairs rise to the second floor and to...
Bedroom 1 - 3.95m x 3.90m (13 x 12 9') with window above the stairwell and second multi-paned window facing the front. There is a pine clad ceiling and exposed purlins.
OUTSIDE & PARKING
To the rear, an area of enclosed garden currently overgrown and offering potential for future landscaping.
TENURE - Freehold
SERVICES - We believe all mains services are available to the property, although no specific test has been made on the services or their distribution.
EPC RATING - Current 50E / Potential 80C
COUNCIL TAX - Band A
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.
Note: The cottage has building material and other contents within. It is expected ALL contents will remain at the property as part of the sale for the eventual purchaser to utilise or dispose of, as they see fit.
DIRECTIONS - From Matlock, take the A6 Dale Road travelling south through Matlock Bath and to Cromford. Turn right at the crossroads and proceed up The Hill on continue on into Wirksworth. On entering the town centre, The Dale can be located by turning right just before the first parade of shops on the right (Market Place). Turn first left on to The Dale and No. 13 is found on the left hand side, identified by the agents For Sale board.
WHAT3WORDS - workbook.shortage.forgot
VIEWING - Strictly by prior arrangement with the Matlock office .
Note: ALL VISITORS TO THE PROPERTY MUST TAKE DUE CAUTION AS THE PROPERTY HAS A LARGE QUANTITY OF CONTENTS TO WALK AROUND. IT IS ADVISED THAT CHILDREN DO NOT ATTEND ANY VIEWING.
Ref: FTM10834
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
Archway Estate Office, 16 Crown Square, Matlock
The Property has been saved to your favorites
/ 5
It's quick and easy
