Are you an Estate Agent? Register here
£500,000 Guide Price
Presenting the excellent opportunity to purchase this fabulous detached family home near to the centre of Radcliffe-on-Trent.
With brilliant potential for modernisation, remodelling or extension subject to necessary planning consents, this generously proportioned property sits within the most beautiful sprawling plot on a secluded road within brilliant proximity to the village amenities.
Ground Floor - The front door opens into an expansive, welcoming reception hall with a U-shaped staircase rising to the first floor on the right and excellent space on the left that could be used as a fourth reception room.
To the right hand side of the property is a large sitting room with feature stone fireplace and dual aspect views over the front garden and to the rear garden through glass doors into the dining room and the large window beyond.
Heading to the rear of the property from the reception hall, at the centre of the home, is a lovely kitchen fitted with an expansive array of fitted cabinetry and excellent worktop space. Fitted appliances include a fridge, freezer, double oven, dishwash and gas hob with extractor fan over. There is also undercounter space for a washing machine.
Doors from the kitchen lead into the conservatory to the rear and dining room to the right at the rear of the living room.
Both rooms are orientated to make the most of the fabulous views over the rolling garden to the rear and field views beyond. The dining room benefits from a very large window whilst the conservatory benefits from 180 degree views. Both have plenty of space for dining furniture.
The conservatory doors open onto a deck that overlooks the garden, however requires some remedial works due to rot weakening it in places.
Completing the ground floor accommodation the fourth bedroom, which is a well proportioned double, and a cloakroom with wash hand basin and WC. Due to its location, this fourth bedroom could alternatively be used as further reception room, home office or playroom.
First Floor - Stairs rise to the first floor landing that provides access to the primary bedroom, two further bedrooms, family bathroom and separate WC.
The primary bedroom is fitted with an extensive array of fitted furniture including wardrobes, cabinetry over the bed, drawers, dressing table and bedside tables. An arch leads through to a bathroom area showcasing a fitted corner bath with shower over and wash hand basin. A large picture window overlooking the garden presents a glorious view from the bath, with mature foliage affording the space excellent privacy.
The secondary bedroom is another large double bedroom with fitted wardrobing and a very large walk in cupboard. Whilst the third bedroom is a lovely single.
Completing the accommodation is a bathroom featuring a bath with shower over and large vanity unit with wash hand basin next door to a separate WC.
Grounds - The property is approached by a wide driveway with parking space for at least two vehicles. Further parking could be easily created by the removal of a hedge to the front boundary. There is also further space to the right of the front of the property with mature planted shrubbery.
To the rear of the property is an expansive rear garden, predominantly laid to lawn featuring an array of mature shrubs and trees.
Within this stunning sanctuary are multiple seating areas, namely the decking directly to the rear of the house and a large concrete area about half way down the garden.
There is also a large established fruit and vegetable plot with a fabulous yield and a greenhouse making this a wonderful space for those with a green thumb.
Local Amenities - The village of Radcliffe on Trent is much favoured by purchasers who seek good local amenities and schooling. The village offers a range of shops, supermarkets, health centre, optician and dentist, regular public transport services (both bus and rail) and several public houses and restaurants. The village also enjoys good road access via the A52 to the A46 Fosse Way leading north to Newark (quick rail link to London Kings Cross from both Newark and Grantham) and south to Leicester and M1 (J21a) and the A52 direct to Grantham, where the A1 trunk road is also accessible. Rail connections are also good, the local line from the village station connects to the Nottingham Midland station, which has a regular service to London St. Pancras.
Finer Details - Local Authority: Rushcliffe Borough Council
Council Tax Band: D
Tenure: Freehold
EPC Rating: 66 | D
EPC Rating Potential: 85 | B
Fixtures & Fittings - Every effort has been made to omit any fixtures belonging to the Vendor in the description of the property and the property is sold subject to the Vendors right to the removal of, or payment for, as the case may be, any such fittings, etc. whether mentioned in these particulars or not.
Services - Mains water, drainage, gas and electricity are understood to be connected. The property has a gas boiler, None of the services or appliances have been tested by the agent.
Plans - The site and floor plans forming part of these sale particulars are for identification purposes only. All relevant details should be legally checked as appropriate.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy