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£800,000 Guide Price
Bedrooms
Bathrooms
The Horseshoe is one of Yorks most desirable addresses, so-called for its sweeping curve forming the Horseshoe outline. Just off Tadcaster Road, the tree lined crescent boasts a variety of attractive properties, each spaced apart to benefit from generous plots with well-established gardens.
The property is a spacious and bright period home offering great potential for further development, principally due to the generous plot and large rear garden. Many of the rooms offer an attractive blend of modern fittings and notable architectural features including original doors, parquet floor, picture rails and coving.
The accommodation includes an elegant entrance hall leading off to the principal reception rooms with a WC/cloakroom at the end. The lounge benefits from an abundance of natural light with attractive bay window to the rear opening onto the garden. A feature open grate fire is the focal point of the room. There is a further reception/family room with bay window and gas fireplace.
The kitchen includes a range of modern wall and base units with integrated oven with gas hob and extractor over, space for further appliances and quarry tiled floor. Off the kitchen is a lobby leading to a utility room and access to an integral garage.
To the first floor are four bedrooms including three good sized double bedrooms all with fitted storage. Additionally there is a house bathroom with modern white suite.
Externally, the gardens are laid largely to lawn and offer a good sense of privacy from the house with many specimen trees surrounding. Together with a patio area from which to enjoy al fresco entertaining. The house includes an integral garage and driveway to the front as well as a further garage/store to the rear.
In summary, a great family home in one of Yorks finest locations. Offered with the convenience of vacant possession and no forward chain.
LOCATION
Situated along a quiet residential road, The Horseshoe is ideally located for access to York city centre (2 miles), York Knavesmire (0.5 miles) and York Railway Station (2 miles). In addition, the property is within easy reach of the A64 to Leeds and beyond with the benefit of local shops and services close by with the addition of a Tesco Extra half a mile away.
DIRECTIONS
Leaving York along Tadcaster Road, travel past The Knavesmire on the left hand side and continue through the traffic lights with The Cross Keys on the right. Continue for approximately 1/3 mile where the first entrance to The Horseshoe will be seen on the right-hand side.
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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