4 bedroom detached for sale

£640,000

4

Bedrooms

Floorplan

We are delighted to launch this exclusive development of 3 and 4 bedroom luxury homes situated in the sought after village of Kirkby Malzeard, only a 15 minute drive from Ripon.

Laverton Oaks features 20 beautifully designed homes, offering a mix of 3 and 4 bedroom; terrace, semi and detached properties. Whether you are a first-time buyer, a growing family, or someone looking to downsize and embrace the rural lifestyle, Laverton Oaks offers something for everyone. For your family buyers, the development is a short walk from Kirkby Malzeard C of E primary school and has the advantage of being in the catchment area for the highly sought after Ripon Grammar school which is only a 12 minute drive away.
Offered on behalf of the award winning Brierley Homes, a developer who prides themselves on delivering high quality homes that their customers are proud to own. Each of their bespoke developments include design details which reflect their aim of providing exceptional new homes in the stunning surroundings of North Yorkshire. Established in 2017 by North Yorkshire County, all profits are used to support essential front-line Council services across North Yorkshire.
The development has been carefully designed with the customer at the forefront and offers a luxury fixtures and fittings as standard such as full flooring and quartz work surfaces. Inside these beautiful homes, the kitchens are fitted with high-quality appliances and the contemporary bathrooms. Brierley Homes ensures a high-spec finish throughout the development.
Set on an idyllic country lane on the edge of the village, Laverton Oaks offers a development surrounded by rolling countryside and the homes are being built with energy-efficient construction techniques ensuring a reduced carbon footprint and lower energy bills.

KIRKBY MALZEARD

Nestled in the heart of North Yorkshire, Kirkby Malzeard offers the perfect opportunity to live amongst the picture perfect Nidderdale AONB and is surrounded by stunning countryside. The village itself is incredibly well serviced and enjoys a post office, village shop, butchers, fish and chip shop, doctors surgery and Kirkby Malzeard C of E Primary School and the classic village pub, The Queens Head, all within a short walk from the heart of the village. There is also a church and sports field and the community regularly hosts events throughout the year.

This rural village offers residents the chance to explore the idyllic surrounding countryside with extensive walking and cycling routes available. Only 6 miles from Kirkby Malzeard is the popular market town of Ripon, a town brimming with an array of shops, independent cafes, family activities, restaurants and bars and numerous sports facilities.

We are now taking early reservations and this offers the unique opportunity to select from a range of internal choices.' We highly recommend calling our team to discuss the development in more detail and to have first choice on your preferred plot.

' Subject to build schedule
'' Internal photographs are for illustrative purposes only

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

£ 530700

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
    £ 16000
  • 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

Adjust these figures

£

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

£ 50700
  • 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.

£

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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

Notes

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