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Arden Avenue, Brunton Park, Gosforth
£425,000 Offers over
Bedrooms
Bathrooms
Reception
Jan Mitchell Properties are delighted to offer for sale this substantial unique stone built bungalow tucked away on a superb plot within the ever desirable Warwick Avenue in the heart of Whickham, that has been renovated to the highest of standards.
This outstanding property offers generous living spaces, including a fabulous dining kitchen, a spacious lounge, three double bedrooms, an en-suite, and a family bathroom. Externally, the home features a double garage, additional driveway parking, and attractive landscaped gardens as well as the bonus of solar panels.
The Accommodation Comprises:
Entrance Hall:
Accessed via a UPVC entrance door, with laminate flooring, a UPVC window, a radiator, and a door leading to the lounge.
Lounge (5.86m x 4.92m):
Featuring a UPVC sash-style window, a radiator, ceiling spotlights, a feature stone wall with a wood-burning stove set into the chimney breast, and a door to the inner hallway.
Dining Kitchen (6.24m x 4.69m):
Fitted with wall and floor units and a work surface, including a central island with a five-ring induction hob and an extractor above. Additional features include two built-in ovens, a built-in wine cooler, an integrated dishwasher and fridge freezer, plumbing for a washing machine, ceiling spotlights, a one and a half bowl sink, and laminate flooring. There is also a wood-burning stove set into the chimney breast recess and an in-ceiling sound system.
Inner Hallway:
A spacious inner hallway with doors to the bedrooms and family bathroom. It includes a radiator, ceiling spotlights, a UPVC window, and a loft access hatch. The loft has power, a window, and additional Velux-style windows.
Bedroom One (4.37m x 3.79m):
Features a radiator, a feature stone wall, a UPVC window, and a door to the en suite.
Bedroom Two (4.15m x 3.63m):
Includes a UPVC window and a radiator.
Bedroom Three (3.7m x 3.06m):
Features a UPVC window and a radiator.
Family Bathroom:
Equipped with a WC and a wash hand basin set in a vanity unit, along with a freestanding bath. The bathroom features partially tiled walls, tiled flooring, ceiling spotlights, in-ceiling sound speakers, electric underfloor heating, and a chrome towel rail.
External:
The property includes a double garage and additional off-street parking, as well as an attractive wrap around rear garden with lawned, planting and patio areas, making it an ideal space for entertaining during those long summer nights.
Tenure:
Jan Mitchell Properties have been advised by the vendor that this property is freehold. However, no legal written confirmation has been seen to verify this.
Location
The property's location offers good access to village life in Whickham with a range of convenience stores, Church's including St, Marys Parish Church and pubs. The village borders the Derwent Valley and allows for beautiful walks to appreciate the Semi Rural location. Transport routes and frequent bus services provide commuter links to Newcastle, City Centre, Metrocentre and the surrounding areas.
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 or 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: E (Gateshead Council)
Tenure: Freehold
Parking options: Off Street
Garden details: Private Garden
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.
Arden Avenue, Brunton Park, Gosforth
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