5 bedroom detached for sale

£875,000 Guide Price

5

Bedrooms

3

Bathrooms

Floorplan

AN EXTREMELY CHARMING ENERGY EFFICIENT PERIOD HOUSE WITH OUTBUILDINGS AND LAND IN AN ELEVATED POSITION WITH FAR REACHING SOUTHERLY VIEWS

Birch Farm occupies an idyllic elevated position on the southern edge of the hamlet of Great Estone from where there are superb distant views to the south over the Vale of Pickering. The village lies approximately equidistant between the Georgian market towns of Helmsley and Pickering and nearby Kirkbymoorside offers a good range of facilities as well as an 18 hole golf course. The North York Moors National Park offers many miles of hill walking and outstanding scenery to enjoy. Attractions in the area include the North York Moors Steam Railway, mansion houses such as Castle Howard and Nunnington Hall, ecclesiastical ruins of Rievaulx Abbey and Byland Abbey and the walled city of York with its superb Minster.

Birch Farm is an extremely attractive stone and pantile period property occupying a prime position in the village with its defining feature being perhaps, the superb southerly views over its own grounds and towards the Vale of Pickering and beyond. Extensive traditional buildings provide stabling and housing for stock whilst two adjoining modern buildings provide ample scope for a variety of other uses. The property is therefore eminently suitable for those wishing to keep horses, ponies or some other form of grazing livestock.

The accommodation is extensive with the centrepiece of the house comprising a Reception/Dining Hall adjoining a comfortable Sitting Room. Also adjoining is a country Dining Kitchen with 4-oven oil fired Aga whilst beyond, is a spacious Rear Hall with a Cloakroom and Utility Room. Completing the picture is a well proportioned west facing Drawing Room with French doors to a south facing Sun Terrace providing a summer seating and al fresco dining area. To the rear elevation is a spacious Master Bedroom suite with extensive southerly views with the remaining accommodation given over to a Guest Suite, three further Bedrooms and a House Bathroom. There are two useful further Attic Bedrooms.

Outside, the principal traditional range contains three good loose boxes and two pony boxes with loft above whilst an adjoining single storey range comprises two pony stalls and useful Garden Store. Adjoining are two substantial 3-bay general purpose buildings with a 3-phase electricity supply.

The garden enjoys a good south and west facing aspect. It principally comprises a gentle sloping lawn interspersed with Cherry, Dogwood and Hazel and an Orchard area contains Apple, Plum and Pear trees. Adjacent is a Hard Tennis Court. Beyond is the pastureland extending to almost 4 acres with a mains fed water trough and vehicular access to the public highway.

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

Map location is not available for this property.

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

£ 724575

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
    £ 21875
  • 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

£ 68325
  • 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.

£

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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