3 bedroom bungalow for sale

£675,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

A SUPERBLY POSITIONED EQUESTRIAN PROPERTY WITH POTENTIAL IN AN ENVIABLE POSITION ON THE EDGE OF A MOST CONVENIENT AND POPULAR VILLAGE

West Lilling itself is an unspoilt rural village set amidst the gently undulating countryside which rises from the Vale of York towards the southern edge of the Howardian Hills Area of Outstanding Natural Beauty (AONB) which lies a short distance away to the north. The property is extremely conveniently located, being just 3 miles west of the main A64 Leeds Scarborough trunk road thereby making for quick and easy access to many of the main commercial centres in the area, as well as to renowned areas of countryside such as the North York Moors National Park, the Howardian and Hambleton Hills and the east coast which together, comprise some of the most beautiful countryside to be found anywhere. A good range of local facilities is available in nearby Sheriff Hutton.

Howl Beck is a most conveniently situated property lying on the western edge of the village and lies adjacent to a public road and is therefore not isolated, yet is surrounded by its own land providing much protection and privacy. The grounds are well established and interestingly planted with a variety of specimen plants, trees and shrubs forming the most perfect setting for this fine property. To the rear of the formal grounds is a most useful stable yard providing extensive stabling, which together with the adjoining land makes the property ideal for those with an equestrian interest. Indeed, the sale of Howl Beck presents potential purchasers with a rare combination of an easily manageable residence set within mature grounds, together with adjoining pasture land in a rural village location, yet lying within easy reach of both York and Leeds.

Constructed of painted brick elevations under a pantile roof, the accommodation which is in need of a certain amount of attention, has the benefit of oil fired central heating and UPVC double-glazed windows virtually throughout and is all arranged over one floor making for easily manageable and comfortable living accommodation. Of particular note is the Kitchen with its Aga range and the large Conservatory which is arranged to the western elevation so as to make the best possible use of the available sunshine at all times of the year.

The property is approached through boarded double gates with the driveway leading to the front of the house whilst adjacent, is a turning circle arranged around a small spinney containing Silver Birch, Holly, Laurel, Spruce and Cotoneaster. To one side is the front garden area which is interspersed with specimen trees and shrubs to include Camellia, Flowering Cherry, Cypress, Silver Birch, Cedar, Sycamore, Oak and various annuals and perennials which all form a most pleasant and effective screen for the property. The more formal garden area lies immediately to the rear of the property and is laid down to a lawn bounded and protected by a number of Cypress and Spruce and centred around an ornamental pond. The northern boundary is marked by the stable yard wall which is surmounted by Japonica and Cotoneaster.

The buildings lie to the rear and are arranged around a central yard and comprise a Goodricke timber stable range containing 4 stables and a feed store/tack room, three further timber ranges providing 6 stables and a breezeblock garage/stable block comprising 2 stables, cart shed and wash down area. To the rear are specimen Oak, Lime, Beech, Copper Beech and Cypress.

The land which extends in all to about just over 8 acres, lies to the west and north of the residence and is entirely laid down to a number of railed paddocks, one with a double Field Shelter, thereby making the property eminently suitable for those wishing to keep horses or ponies.

VIEWING
Strictly by appointment through the sole agents, Messrs Humberts York office, telephone .

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

£ 559575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

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
    £ 16875
  • 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

Adjust these figures

£

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

£ 53325
  • 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.

£

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    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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