4 bedroom detached for sale

£800,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

This fabulous property is perfectly positioned in the small, favoured village of SAUNDBY, with GAINSBOUGH, RETFORD, and BAWTRY nearby offering a wide range of shopping, recreational facilities, and good schools. The railway station in Retford boasts a mainline direct to Londons Kings Cross in 1hr 30mins. The Main residence is immaculately presented throughout and is finished to a high specification. It makes a perfect home for those who enjoy entertaining family and friends. To the ground a contemporary kitchen/diner with integrated appliances with bifold doors flooding the area with natural light, living area, dining room, utility room and downstairs shower room with oak doors throughout. On the first floor, are four bedrooms with the master benefitting from an en-suite, and a walk-in wardrobe.

To the outside, a large garden of 0.75 acres, a separate annexe withshower room, gym, and bespoke bar (needs completing) with solar panels on the roof, could easily be converted into sleeping and living accommodation. For those who love to party, there is a hot tub, sunken fire pit, brick pizza oven, and even space for a pool. The patio needs to be completed and has Indian Porcelain Tiles. There is a garage and ample parking behind electronic gates.

The property has a state-of-the-art security system, gas central heating, air conditioning in the kitchen/diner and bedrooms, and double glazing throughout.

ENTRANCE VESTIBULE- With side aspect arched window, original style marble flooring, wood panelling walls and built-in slim line storage cupboard.

INNER HALLWAY- Staircase leading to the first floor with understairs storage and panelled surround.

DOWNSTAIRS SHOWER ROOM- Rear aspect window, walk-in tiled rain shower, low-level WC and vanity hand basin.

DINING ROOM- Bifold doors to the rear aspect with oak flooring.

LIVING SPACE large bay window to the front aspect, recessed marble fireplace and oak flooring.

KITCHEN/DINER- Large area with bifold doors to the rear elevation, tiled flooring, bespoke contemporary built-in units with complimentary quartz work surfaces, integrated American-style fridge freezer, and a double electric Lamona oven. A central breakfast island with ceramic hob, soft close draws and composite sink with integrated dishwasher.

UTILITY ROOM- Tiled flooring with space for washing machine and dryer.

FIRST FLOOR LANDING- Featuring a chandelier with oak doors throughout.

MASTER BEDROOM- Benefits from an ensuite and walk-in wardrobe

BEDROOM TWO -The front aspect bay window floods the room with natural light.

BEDROOM THREE- Currently used as a cinema room.

BEDROOM FOUR -Rear aspect window, currently used as a dressing room.

FAMILY BATHROOM-Free standing bath, walk-in rain shower, tiled walls, and floor, low-level WC.

ANNEXE - Project needing completion, all materials available, could be changed back into living quarters, and make an excellent Airbnb. It currently houses a gym, shower room, and bespoke bar with his, and hers WC, bifold doors and solar panels.

OUTSIDE SPACE -Offers a lot of potential to build a swimming pool, currently has a sunken firepit which could seat upto ten people, brick-built pizza oven and hot tub. The patio has stunning Indian porcelain tiles.

VIEWING IS RECOMMEND to realise the full potential
Council tax band: E

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

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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)
    £
  • 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.

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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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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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