5 bedroom detached for sale

£775,000 Offers over

5

Bedrooms

5

Bathrooms

Floorplan

Hive Estates welcomes to the market this stunning five-bedroom home, set over three floors, and located in the private gated development of The Square, in Fulwell. With over 3,750 sqft of accommodation, with a private intercom entry system with electric gates, this home offers space with total seclusion. Located in an exclusive gated community next to Cleadon Village and finished to a high standard, with ample space for modern family living.

Once inside, the welcoming hallway provides access to the principal rooms of the ground floor level, cloakroom and WC. To the rear of the home is the impressive open plan living/kitchen area, spanning nearly the full width of the home. With LVT flooring running throughout the ground floor and the first floor study. The kitchen is fitted with matt black cabinetry, complimenting the quartz worktops and silver finishings. With a practical layout, the kitchen holds an American fridge freezer, under-mount sink, range cooker, and built-in microwave. Central to the room there is space for dining. With feature lights above the breakfast bar and behind the vertical wood panelling. Across to the lounge, an electric fireplace is the noticeable component of the room. With large mirrors on either alcove, it makes for an ideal media wall. Benefitting from lots of natural light, large windows sit across the back of the house, with French doors leading out to the garden. Outside makes the perfect set up for entertaining. Two separate seating areas with Indian Sandstone paving, connected naturally with astroturf. A serene setting for relaxation, fully enclosed with a fantastic hot tub.

Back inside, off the kitchen is the convenience of a utility. A practical set up with wall and base units, and designated spaces for appliances. The utility also provides internal access to the garage and alternative access to the garden. To the front of the home is the dining room. An accent wall of wooden slats grabs your attention and three internal windows make a fantastic feature, connecting the dining room to the living space.

Up to the first floor, the landing is bright and spacious. Double doors lead you through to the cinema. Furnished with 12 reclining seats, a cinema projector and suspended ceiling. French doors bring you out onto the balcony, overlooking the garden and provide you with scenic views over Cleadon countryside. Across the hallway is a separate WC and a study. Practical in layout, with a desk and fitted wardrobes, creating the perfect setup to focus. Also on this floor is the master bedroom, one of the true highlights of the home. With a generous ensuite and dressing space, for added convenience and luxury. The ensuite is fully tiled, with a roll top bath, walk-in shower, Jack and Jill sinks, seating area, TV and storage space. The dressing space reveals fitted wardrobes and a vanity table with a window for natural light.

The second floor comprises of four generous bedrooms, all with laminate flooring. Two with shower ensuites, and one bedroom currently used as another dressing space. Two of the rooms have built-in wardrobes. There is also a family bathroom; part tiled, with bath, WC and wash basin. At the apex of the second-floor landing, a stunning Saint Mossi Crystal Chandelier. Refracting light and casting a warm glow throughout the space, the light fixture dramatically elevates the ambience.

Outside, the property benefits from a large driveway to the front. With the capacity to fit four cars, and additional bay parking opposite. The surrounding grounds are well-maintained, with a communal landscaped garden central to the estate. A short walk away is a private meadow exclusive to residents, the picturesque environment offers ample space for outdoor enjoyment. In a great location, tucked away from the public eye offering you that extra layer of security. Near local shops, restaurants and transport links.

Kitchen Area - 2.90 x 6.60 (96' x 217') -

Lounge/Diner - 4.20 x 6.00 (139' x 198') -

Lounge - 2.46 x 4.10 (80' x 135') -

Cinema - 5.45 x 6.60 (1710' x 217') -

Study - 2.48 x 3.47 (81' x 114') -

Bedroom 1 - 4.00 x 5.85 (131' x 192') -

Dressing Area - 3.15 x 3.10 (104' x 102') -

En-Suite 1 - 3.22 x 6.85 (106' x 225') -

Bedroom 2 - 1.45 x 4.51 (49' x 149') -

En-Suite 2 - 2.55 x 2.59 (84' x 85') -

Bedroom 3 - 4.00 x 4.15 (131' x 137') -

En-Suite 3 - 2.80 x 2.00 (92' x 66') -

Bedroom 4 - 4.00 x 4.50 (131' x 149') -

Bedroom 5 - 4.40 x 3.31 (145' x 1010') -

Bathroom - 2.80 x 1.70 (92' x 56') -

Garage - 5.60 x 6.00 (184' x 198') -

Utility - 2.00 x 2.70 (66' x 810') -

Wc - 1.50 x 2.55 (411' x 84') -

Wc - 1.11 x 2.02 (37' x 67') -



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

£ 642075

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
    £ 19375
  • 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

£ 60825
  • 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.

£

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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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.

Notes

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