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£550,000
Bedrooms
Bathrooms
A wonderful extended four bedroom semi-detached house featuring two reception rooms, an impressive rear garden, a garage and ample off street parking space.
Placed in a hugely popular area off Stockton Lane, the property has good links with the city centre and an easy route out towards the A64. Both Monks Cross and Vangarde shopping parks are close by.
The well-presented internal accommodation begins with an entrance hallway with immediate access to a cloakroom/W.C. To the front of the ground floor is a generous lounge bathed in light from a large bay window and also benefiting from a fireplace with a living flame gas fire. Behind the lounge is a second reception room currently used as a dining area with sliding doors leading out into the rear garden. The ground floor is completed with a fitted kitchen with a range of wall and base units. The first floor then houses three double bedrooms, two of which have a healthy amount of built in storage and the third one a useful sink. There is also a smaller fourth bedroom ideal as a home working space. The accommodation is completed with a four piece family bathroom with both a separate shower cubicle and a bath. There are the added advantages of gas central heating and double glazing throughout.
Outside the house is a delightful lawned rear garden with a paved area, planted beds and a pond. To the front is a low maintenance gravelled garden offering ample parking space. This leads down the side of the house to a garage with light and power.
The property is connected to a mains electricity supply, with mains water supplied by Yorkshire Water. The broadband types available in the area are standard, superfast and ultrafast. Mobile availability at the property is covered by all four major suppliers. Please either check the Ofcom website or contact the office for specific details and suppliers available, for both broadband and mobile. For details on any long term flooding risk, please check the government long term flood risk website.
Entrance Hall
Entrance door, window to side elevation, stairs leading to first floor, radiator, under stairs storage cupboard and thermostat.
Cloakroom/W.C.
Sink, W.C., radiator and window to side elevation.
Lounge 165' x 112' (5m x 3.4m)
Bay window to front elevation, fireplace, living flame gas fire and radiator.
Dining Room 1311' x 911' (4.24m x 3.02m)
Window to side elevation, sliding doors leading to garden and radiator.
Kitchen 104' x 710' (3.15m x 2.4m)
Wall and base units, work surfaces, sink, built-in double oven, hob, extractor, fridge, freezer, radiator and windows to side and rear elevations.
First Floor Landing
Loft access.
Bedroom 1 127' x 114' (3.84m x 3.45m)
Window to front elevation, radiator and built-in wardrobes.
Bedroom 2 1110' x 106' (3.6m x 3.2m)
Window to rear elevation, radiator and built-in storage.
Bedroom 3 1611' x 69' (5.16m x 2.06m)
Window to rear elevation, bay window to front elevation, radiator and sink.
Bedroom 4 75' x 69' (2.26m x 2.06m)
Window to front elevation and built-in cupboard.
Bathroom
Four piece suite with bath, shower cubicle, sink, W.C., radiator window to rear elevation and cupboard housing boiler.
Exterior
Lawned rear garden with paved area, planted beds and pond. Paved front garden for off street parking and garage with light and power.
Material Information
Freehold.
Council tax band D.
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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