4 bedroom detached for sale

£700,000

4

Bedrooms

2

Bathrooms

2

Reception

Floorplan

Jan Mitchell Properties is thrilled to present this stunning, bespoke, double-fronted detached family home, boasting an open South-Westerly aspect to the rear. Ideally located on the highly sought-after Ladywell Way in Ponteland village, this exceptional property offers an enviable blend of style and location.

The property has been built to an impeccable standard and includes many high end fixtures and fittings, briefly comprising internally:- Grand double height glazed entrance hall with cabinetry beneath the stairs, a stunning open plan living/kitchen/dining room with substantial central island, integrated appliances and on trend crittall style bifold doors, making the most of the South-Westerly rear aspect and opening up to create a perfect space for entertaining, there is then a more formal reception room with feature tiled inglenook style fireplace, alcove cabinetry, French patio doors and creative revolving bookcase that cleverly leads through into a separate utility room and home office/boot room, which has direct access into both the garage and rear garden. Completing the floor is then the downstairs w/c.

To the first floor off the stunning galleried landing, there are four bedrooms with master benefiting from a beautiful en-suite wet room w/c, fitted wardrobes and vaulted ceiling with full height picture window, making the most of the countryside view to the rear. Completing the floor is a four piece family bathroom, with freestanding bath and wet room style shower.

Externally the properties attributes continue with a multiple car drive and garage to the front and then to the rear a landscaped low maintenance South West facing garden, consisting of decked, gravelled, artificial lawned and bedded sections. Then to the side is a lawned area boarded by hedging.

The property also benefits from being highly insulated, underfloor heating throughout much of the ground floor, all of which help towards modest running costs for a property of it's size.

Overall a stunning home that has to be viewed to appreciate the specification and position first hand.

Location
Ladywell Way, just off West Rd, is well placed for easy access to the wealth of amenities that Ponteland village has to offer including Poneland Park, excellent shopping facilities including Waitrose, schools for all ages, a good choice of pubs and restaurants and a variety of sporting and leisure facilities. Ponteland is within excellent commuting distance of Newcastle upon Tyne and is well placed for access to Newcastle International Airport.


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

Council Tax Band: F (Northumberland)
Tenure: Freehold
Parking options: Driveway, Garage
Garden details: Private Garden



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

£ 580200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 17500
  • 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

£ 55200
  • 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

£

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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