5 bedroom detached for sale

£750,000 Guide Price

5

Bedrooms

3

Bathrooms

Floorplan


The Old Reading Room, Withnell Fold | CIRCA 1890 | A Grand & Elegant Victorian Masterpiece. Forbes Estates are delighted to welcome you to The Old Reading Room, a remarkable Victorian residence that perfectly blends historic charm with everyday luxury. Exuding sophistication and architectural beauty, this impressive detached home offers over 2,900 sq.ft. of flexible living space, ideally situated in the heart of the picturesque village of Withnell Fold. Boasting five bedrooms and vast, naturally bright rooms, this timeless property has been thoughtfully maintained to preserve its period character while embracing modern comfort. Upon entering, you are greeted by a delightful mosaic-tiled porch that opens into a grand hallway with the original pitched pine hand crafted staircase and intricate ceiling coving - a striking introduction to this elegant home. The formal lounge/diner features tall sash style windows, picture rails, grand victorian cornice, and an ornate fire surround, all enhanced by bi-folding doors that lead seamlessly into the large and stunning orangery a wonderful space to relax or entertain while overlooking the tranquil, enclosed courtyard garden. At the heart of the home lies a luxurious, bespoke kitchen/diner fitted with integral appliances, a generous array of base and wall units with a pull-out larder, a classic AGA cooker, and a double Belfast sink with scenic views of the leafy memorial gardens. A comfortable family/games room offers additional space to unwind, while a utility room, downstairs WC, and further storage complete the ground floor.



Ascending the grand staircase, youre treated to a show-stopping stained-glass window that floods the landing with natural light. The first floor offers four generous double bedrooms, including a sumptuous master suite with dual-aspect windows and a classic four-piece en-suite bathroom featuring a freestanding roll-top bath with brass claw feet. A fifth single bedroom provides ideal flexibility as a nursery, dressing room, or study. A stylish family bathroom with a large walk-in shower completes the upper floor. Externally, the property enjoys a charming front garden and a low-maintenance, private rear courtyard - perfect for alfresco dining or peaceful evenings. A detached double garage and driveway provide off-road parking and further functionality.



Situated in the heart of the highly desirable Withnell Fold village, residents enjoy a peaceful, community-centric lifestyle surrounded by natural beauty. The area offers scenic countryside, canal-side and woodland walks, as well as a vibrant village sports and social club featuring cricket, tennis, and fishing. There is a primary school locatged in the village and a coach servise to other good local schiols, plus excellent access to the M65, M6, and M61 makes this tranquil setting perfectly connected for commuting.



The Old Reading Room is a rare opportunity to own a slice of Victorian grandeur in a truly idyllic setting - a home of character, comfort, and distinction.



Early viewing is highly recommended to fully appreciate all that this exceptional home has to offer.



Room sizes can be found on the floor plan.



We understand that the council tax band for this property is band G.



Tenure - Freehold.



Disclaimer, further room dimensions can be found on our floor plan. These particulars, whilst we believe to be accurate are set as a general outline only for guidance and do not constitute any part of an offer or contract, all appliances, drains, plumbing and heating have not been tested. All measurements quoted are approximate. Property to sell? If you are thinking of selling your home Forbes offer a free no obligation appraisal with local experienced sales advice.





Features
  • Freehold

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

£ 621450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 18750
  • 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

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£

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

£ 58950
  • 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)
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  • Letting Fee
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  • Maintenance
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  • 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

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  • 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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