The Withers, The Old Sawmill, Newlands, Ebchester, Northumberland

1 /40
Available / For Sale

6 bedroom detached for sale

£800,000 Offers over

6

Bedrooms

3

Bathrooms

2

Reception

Floorplan

Jan Mitchell Properties are delighted to bring to the market The Withers, a beautiful bespoke detached family home situated in the most idyllic of settings, in Newlands, Northumberland, beside the picturesque village of Ebchester, with uninterrupted open aspect across the adjacent River Derwent, that really does have to be viewed to appreciate the size, standard and setting first hand.

The property has been built to the highest of standards and includes many high end fixtures and fittings, briefly comprising internally:- Grand tiled entrance hall with store cupboard beneath the stairs, stunning open plan living/kitchen/dining room with vaulted ceiling, log burner, substantial central solid island, integrated appliances and bifold doors, making the most of the adjacent vista and opening up to create a perfect space for entertaining. There is then a further more formal reception room, three bedrooms, one currently used as a study, shower room w/c and boiler room with rear access, which completes the ground floor.

To the first floor of the vast landing, which could also be used as a study space, there are a further three bedrooms all benefitting from breath-taking views and master from four price en-suite shower room w/c and then completing the floor is a four piece family bathroom.

Externally however is where this property really comes into its own, with it's wrap around grounds being designed to make the most of its unique position. There is a large gated drive that leads to the detached double garage, with room above that offers further potential, gravelled sections to the side and rear and then to the front paved and lawned sections ideal for sitting and enjoying the outlook from.

The property also benefits from being highly insulated, underfloor heating throughout and solar panels, all of which help towards very modest running costs for a property of this size.

Location
The property is located on the historic site of an old saw mill within Newlands, Northumberland, right beside the picturesque village of Ebchester, complete with a local farm shop, country pub, first school and village boat house. Commuters to both Newcastle and Durham City will benefit from many road links, both cities can be reached in just under 30 minutes. There are also excellent bus links within walking distance. Northumberland is a 5 minute walk away bordered by the River Derwent. Following the river either way are both Shotley Bridge and Rowlands Gill, both can be reached by car or bus in a short amount of time.

Measurements
Ground Floor
Entrance Hall - 8.56m x 4.21m
Kitchen Diner - 9.83m x 5.26m
Lounge - 2.60m x 7.10m
Ground Floor Bedroom One - 2.84m x 3.84m
Ground Floor Bedroom Two - 2.83m x 3.80m
Ground Floor Bedroom Three / Study - 3.43m x 2.59m
First Floor
Master Bedroom - 3.89m x 6.69m
En-suite - 3.29m x 2.73m
Bedroom Two - 3.26m x 2.68m
Bedroom Three - 2.67m x 3.32m
Bathroom - 2.72m x 3.26m


IMPORTANT NOTE TO PURCHASERS
We endeavour to make our property details accurate, however, they do not constitute or form part of an offer or any contract and are not to relied upon as statements of representation or fact. Any services, systems and appliances listed in the details have not been tested by us and no guarantee is given to their operating ability or efficiency. All the measurements and floor plans have been taken as a guide to prospective purchasers and are not to be relied upon. Please be advised that some of the information may be awaiting vendor approval. If you require clarification of further information on any points please contact us direct.

MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.

Tenure - We are not able to verify the tenure of the property as it is not always possible to see sight of the relevant documentation prior to marketing. Prospective purchasers must make further enquiries with their legal adviser

Tenure: Freehold
Parking options: Driveway, Garage
Garden details: Front Garden, Private Garden, Terrace



Features
  • Freehold

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

£ 662700

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

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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
    £ 20000
  • 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

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£

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

£ 62700
  • 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)
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  • Letting Fee
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  • Maintenance
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  • 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.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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