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£625,000 Offers over
Bedrooms
Bathrooms
Hive Estates welcomes to the market this impressive three bedroom semi-detached bungalow, set on approximately 3.5 acres of land in a beautiful rural location in Durham. Offering extensive equestrian facilities including 5 stables, a hay store, tack room, and a floodlit sand and rubber mnage, this unique home blends space, versatility, and countryside charm with outstanding outdoor potential.
Inside, the property features a spacious main lounge, bathed in natural light from multiple windows and finished with soft beige carpets, creating a warm and inviting living space. The lounge flows seamlessly into a bright, modern kitchen fitted with wood effect tiled flooring, white and grey cabinetry, and white worktops. Integrated appliances include an oven, wine fridge, and dishwasher, with ample space for a freestanding American-style fridge freezer.
A separate utility hall houses a washing machine and provides direct access to the private rear garden ideal for practical everyday use.
There are three generously sized double bedrooms, all fitted with carpets, offering comfortable and peaceful accommodation. In addition, the property benefits from a dedicated office space, perfect for home working or study. The home has also been extended to include a second lounge area, which opens into an open-plan dining room a stunning space featuring wood flooring and patio doors leading out to the garden, where you can enjoy scenic countryside views.
The master bathroom is a standout feature, beautifully finished with floor-to-ceiling tiles, a freestanding bath, walk-in shower, WC, and wash basin.
Externally, this property truly excels. Sitting on 3.5 acres of land, it boasts 5 stables, a hay store, tack room, and a floodlit sand and rubber mnage, making it ideal for horse owners or those seeking a rural lifestyle. There is also huge potential for further development (subject to permissions). A double garage and private electric gated driveway provide parking for up to five cars. Surrounded by open fields and nature, this home is a rare find in a peaceful rural setting.
Living Room - 7.15 4.45 (235' 147') -
Kitchen - 5.38 x 3.64 (177' x 1111') -
Dining Room - 4.80 x 3.61 (158' x 1110') -
Living Room 2 - 4.41 x 3.61 (145' x 1110') -
Bedroom 1 - 3.60 x 3.00 (119' x 910') -
Bedroom 2 - 4.30 x 3.60 (141' x 119') -
Bedroom 3 - 3.40 x 3.00 (111' x 910') -
Bathroom - 2.60 x 1.60 (86' x 52') -
Study - 3 x 2 (910' x 66') -
Map location is not available for this property.
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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