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£460,000 Offers over
Bedrooms
Bathrooms
Reception
Welcome to Lower Bank, an imposing family residence spanning three stories in one of Fulwoods most desirable locations. This substantial Victorian property boasts formal reception rooms, five bedrooms and an informal living space to the basement level opening on to the garden. Luckily a plethora of original details and features remain, such as coving, fire places, cornice and ornamental mouldings.
This versatile property functions as a large family home and provides a vast array of opportunities and potential should you wish to create a self contained apartment within.
Entering via a large, original front door into a rather grand entrance hall, it is easy to forget youre not in a country house. On this level there is a formal reception room and a fifth bedroom facing south with views to the garden, a further reception room currently staged as an office, a kitchen and ground floor WC.
To the basement level, the current vendor has created an incredible family living space with a spacious Breakfast kitchen, open to a lounge with log burner, wine store, large workshop, pantry, cold store/utility room and a porch.
To the first floor there are four spacious double bedrooms and two family bathrooms.
Externally the plot features a driveway to the front with car port, a generous south facing rear garden with space for entertaining, a lawn and wildlife garden with mature trees and shrubs.
Ideally located close to local amenities including the Masjid Sallam Mosque, some of the areas finest schools, independent shops and excellent transport links across the city.
These properties are incredibly rare and we anticipate a huge amount of interest.
Please contactKingswood.
FulwoodOffice:
01772 71 71 81
77WatlingStreet Road,Fulwood, Preston, PR2 8EA
[email protected]
www.kingswoodproperties.co.uk
Disclaimer:
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Entrance Hall
A rather grand entrance hall with ceiling light point, original coving, cornice, picture rail, open staircase off to the first floor, front door and part tiled floor.
Reception Room 1 6.21 x 4.37 m (204 x 144 ft)
Ceiling light point, coving, picture rail, double glazed bay window, log burner, ornate marble fire place, radiator.
Reception Room 2/Office 5.06 x 4.12 m (167 x 136 ft)
Ceiling light point, double glazed window, picture rail, original built in storage, radiator.
Kitchenet
With matching wall drawer and base units, tiled splash backs and double glazed window.
WC
Ceiling light point, double glazed window, low flush toilet, pedestal hand basin with tiled splash back.
Bedroom 5 4.20 x 4.85 m (139 x 1511 ft)
Ceiling light point, coving, picture rail, double glazed bay window, log burner and radiator.
Basement Level
Breakfast Kitchen 4.50 x 4.14 m (149 x 137 ft)
Inset spot lighting, ceiling light points, coving, double glazed bay window, matching wall, drawer and base units, stainless steel sink and drainer, space for appliances, radiator.
Lounge 4.40 x 4.16 m (145 x 138 ft)
Ceiling light point, coving, log burner, double glazed door to the garden, radiator, open to the kitchen.
Workshop 4.88 x 3.97 m (160 x 130 ft)
Ceiling light point, double glazed window, stone floor.
Cold Store/Utility 4.88 x 2.70 m (160 x 810 ft)
The First Floor
Bedroom 1 4.84 x 4.19 m (1511 x 139 ft)
Inset spot lighting, coving, picture rail, impressive original fire place, radiator, south facing bay window with views to the rear garden.
Bedroom 2 5.20 x 4.14 m (171 x 137 ft)
Ceiling light point, coving, picture rail, double glazed window, fire place and radiator.
Bedroom 3 4.1 x 4.00 m (135 x 131 ft)
Ceiling light point, coving, picture rail, marble fire place, south facing double glazed window with views to the rear garden.
Bedroom 4 4.0 x 2.88 m (131 x 95 ft)
Ceiling light point, picture rail, built in storage, double glazed window.
Family Bathroom 1 2.9 x 2.8 m (96 x 92 ft)
Ceiling light point, double glazed part tiled walls, walk in shower cubicle, low flush toilet, wash hand basin with vanity cupboard, large corner bath with inbuilt jets.
Family Bathroom 2
Roof window with impressive light tunnel, inset spot lighting, part tiled walls, low flush toilet, pedestal hand basin and a free standing enamel bath tub with mains shower over.
Externally
This substantial plot features a driveway with car port to the front, a generous south facing rear garden with lawn, entertaining space, vegetable patch and wild garden with mature trees and shrubs.
Disclaimer
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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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