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Arden Avenue, Brunton Park, Gosforth
£1,000,000
Bedrooms
Bathrooms
Reception
Jan Mitchell Properties are delighted to offer for sale Valley View, a substantial six bedroom, eight bathroom, four reception room family home situated on arguably the best plot on Whitehall Lane with breath-taking uninterrupted views to the rear located in the exclusive village of Iveston.
Internally the property has been renovated to the highest of standards and is a real credit to the current owners, briefly comprising to the ground floor:- Grand entrance hall with bespoke balustrade and panelling as well as inbuilt cloaks and shoe cupboards, snug/second reception room, study, downstairs w/c, substantial lounge with feature fireplace and bi-fold doors opening out onto a raised deck to make the most of the amazing valley views, stunning open plan kitchen diner with quartz and granite work surfaces, Belfast style sink, smeg range style cooker and again bi-fold doors opening out onto the extensive south facing rear patio making the whole area a perfect space for entertaining. Off the kitchen there is a separate utility with external access for dog lovers, gym area with direct access into the garage and then if the kitchen diner wasn't enough entertaining space there is a stunning converted games room above the garage complete with bar section and w/c.
The bespoke staircase then leads to the extensive first floor that has four double bedrooms with fitted wardrobes, two of which with en-suite shower rooms and master with a four piece bathroom complete with 'his and hers' sinks and roll top bath as well as a family four piece bathroom also with roll top bath and separate shower.
Then to the second floor off the generous landing that could double up as a study space there is a large store cupboard and two double bedrooms illuminated via skylights and with en-suite shower rooms and one with fitted wardrobes.
Externally however is where this property comes into its own with its substantial multiple car electric gated drive to the front providing access to the garage and then to the rear a sunny South facing landscaped garden with paved, decked and lawned area all making the most of the uninterrupted valley views.
Measurements
Lounge - 5.04m x 7.78m
Snug - 5.76m x 4.27m
Kitchen - 9.01m x 5.10m
Utility Room - 5.52m x 2.57m
Hall - 9.29m x 3.16m
Study - 3.83m x 3.05m
Games Room - 8.34m x 5.31m
Gym - 2.70m x 4.82m
Master Bedroom - 7.67m x 4.45m
Bedroom Two - 5.11m x 4.26m
Bedroom Three - 4.29m x 4.28m
Bedroom Four - 3.09m x 4.29m
Bedroom Five - 5.17m x 4.92m
Bedroom Six - 4.60m x 4.37m
Local Information
Iveston is a popular and attractive semi-rural village which lies a short distance from Consett amidst beautiful countryside. The old railway line, now known as the Lanchester Valley Walk, runs between Consett and Durham where it links at each end with a further network of other disused railways and tracks for walking and cycling. At the Consett end the footpath links to the C2C cycle route, an award-winning national cycle route stretching from Whitehaven and Workington in the North West of England to Sunderland or Tynemouth in the North East.
Nearby Leadgate and Consett offer a comprehensive range of shopping and recreational services while the historic, cathedral city of Durham, which is very accessible, provides comprehensive professional, cultural, educational and recreational facilities. For schooling Lanchester and Consett offer a choice of primary and secondary schools. There are also excellent private schools available nearby in Durham and Newcastle.
For the commuter, Iveston is ideally placed for access to the major centres of the north east. The A68 provides access both north and south linking to both the motorway network and to the A69 for quick connection to Newcastle in the east and Carlisle in the west. The A691 offers easy access to Durham and Consett. The Metro Centre in Gateshead, Newcastle International Airport, Newcastle and Durham Rail Stations are all extremely accessible, providing excellent transport links.
Approximate Mileages
Consett 2.5 miles Durham City Centre 11.0 miles Corbridge 15.6 miles Newcastle City Centre 16.3 miles Newcastle International Airport 18.3 miles
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: H (Durham County Council)
Tenure: Freehold
Parking options: Driveway, Garage
Garden details: Private Garden, Rear Garden
Map location is not available for this property.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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