6 bedroom detached for sale

£1,000,000

6

Bedrooms

2

Bathrooms

3

Reception

Floorplan

Jan Mitchell Properties are delighted to offer for sale this substantial five/six bedroom, multiple reception room, detached family home situated on a substantial private plot tucked away at the end of a gated drive, backing onto Chase Park, in the heart of the ever desirable Whickham.

Substantial Detached Family Home on a Generous 1/3 Acre Plot with Landscaped South & West Facing Gardens, Five Double Bedrooms, Additional Study, Two Bathrooms, Double Garage and Extensive Driveway Parking

Beautifully positioned within the highly sought-after village of Whickham, this exceptional detached home boasts landscaped South and West facing gardens, superb living space and outstanding access to Front Street's shops, caf?s, restaurants, amenities, excellent local schooling and transport links into Newcastle City Centre and beyond.

Originally purchased by the current owners in 2000, the property has since been significantly extended and upgraded to an exceptional standard throughout, creating a truly impressive family home.

With the accommodation comprising:-


Ground Floor

Welcoming entrance hallway with staircase to first floor

Cloakroom/WC

Full depth living room with dual aspect views and feature gas fireplace

Striking open plan kitchen/dining room with a comprehensive range of modern units, integrated appliances, breakfast bar and ample dining space

Additional reception/snug, open to the kitchen/diner

Utility room with internal access to the double garage


First Floor

Galleried landing leading to five/six bedrooms

Luxury principal suite with large double bedroom, dressing room and ensuite bathroom with four-piece suite including steam shower

Bedroom two - generous double, currently used as a reception space

Bedrooms three & four - further doubles with fitted wardrobes

Bedroom five - smaller double

Bedroom six/study, ideal as a home office

Family bathroom with contemporary four-piece suite


Externally
Accessed from Rectory Lane via a brick pillared entrance and secure wrought iron electronic gates, the property shares an initial driveway before leading onto a private block-paved driveway offering parking for multiple vehicles. The beautifully landscaped gardens, predominantly west-facing, are stocked with mature planting and hedged boundaries, offering both privacy and a wonderful setting for family living and entertaining.

Presented to a superb standard, this impressive home is sure to appeal to buyers seeking space, style and a prime Whickham location. Early viewing is strongly recommended.


Key Information

Services: Mains gas, electricity, water and drainage

Tenure: Freehold

Council Tax: Band G

EPC Rating: C


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: G (Gateshead Council)
Tenure: Freehold
Parking options: Driveway, Garage
Garden details: Private Garden



Features
  • Freehold

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

£ 818950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 25000
  • 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

£ 68950
  • 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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