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£670,000 Offers over
Bedrooms
Bathrooms
Hive Estates is delighted to present this beautiful newly-built five-bedroom, family home in Alnwick. Never before occupied, this immaculate property offers the rare opportunity to own a brand-new home that has been enhanced with a range of high-spec modifications, including upgraded family bathrooms throughout. Situated on a quiet cul-de-sac, the home is accessed via a private, winding driveway and is surrounded by lush greenery and mature trees. It boasts two garages, an abundance of natural light streaming in through numerous windows, and generously sized rooms across both floors, all finished to the highest standards.
Upon entering, youre welcomed into a spacious hallway with direct access to the front-facing lounge, the open-plan kitchen/diner at the rear, and stairs leading to the first floor. The main living spaces feature elegant herringbone flooring, while fresh new carpets provide comfort in the lounge and all upstairs bedrooms. The kitchen/diner is a true highlight, with large bi-fold doors that open out to a fabulous garden, offering both a patio area and a lawn. The outdoor space is peaceful and private, with uninterrupted viewsa perfect retreat for relaxation. Inside, the kitchen is finished to a high specification, featuring striking black cabinetry, a central island with a hob and ceiling extractor, and integrated appliances including a fridge/freezer, wine fridge, and double oven. There is plenty of storage, and the design is both modern and practical. A separate utility room, with internal access to the garage and a downstairs WC, adds further convenience. Upstairs, the spacious landing leads to five well-sized bedrooms, two of which benefit from stylish en-suite shower rooms. The family bathroom, finished in the same contemporary style, includes a bath, WC, wash basin, walk-in shower, and a heated towel rail, with wood-effect slats and neutral floor tiling completing the look.
This exceptional home is ideally located, just a short distance from Alnwick Castle and Alnwick Gardens, offering both a tranquil setting and easy access to local amenities.
Living Room - 6.12 x 3.58 (200' x 118') -
Kitchen - 9.22 x 3.94 (302' x 1211') -
Bedroom 1 - 4.94 x 4.73 (162' x 156') -
Bedroom 2 - 3.91 x 3.60 (129' x 119') -
Bedroom 3 - 4.16 x 3.57 (137' x 118') -
Bedroom 4 - 4.14 x 2.97 (136' x 98') -
Bedroom 5 - 4.14 x 2.36 (136' x 78') -
Bathroom - 4.09 x 2.63 (135' x 87') -
Utility Room - 2.80 x 2.04 (92' x 68') -
Wc - 2.04 x 1.14 (68' x 38') -
Garage - 5.69 x 5.33 (188' x 175') -
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.
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