4 bedroom semi-detached for sale

£359,950

4

Bedrooms

2

Bathrooms

AGENTS NOTE This is a property that we are certain will impress even the most impressive discerning purchaser. Recent comprehensive works of extension, modernisation and improvement have created one of the very finest examples of its type that we have had the pleasure of seeing. The works of extension have served to create a spacious, highly sought after and predominantly open plan layout to the ground floor. This including a fabulous fitted kitchen and adjacent family & dining areas with Orangery style, feature glazed lantern. The ground floor extension has also created a very useful utility room and an equally desirable ground floor shower room. To the first floor there are four good size bedrooms and a stylish bathroom.

If this were not enough, the property impresses just as much externally as internally. The plot is most generous, even after comprehensive extension the property retains large gardens with ample off street parking to the front and to the rear a feature garden which backs onto the paying field of the village cricket and football clubs.

Barrowby is one of if not "the" most sought after locations close to Grantham. It is a well served village which has a unique location being a mere 2 miles West of Grantham, only a few minutes drive of junctions to both North & Southbound A1. yet at the same time being within easy reach of walks in open countryside. Barrowby notably has a co op store, public house as well as a deli/cafe. The village also has a strong sense of community with a number of sports, social clubs & groupd/societies for all ages. These utilising village & club halls as well as pavillions. Barrowby also boasts a charming village green with childrens play area which is moments away from the property. Children also have the benefit of the village C. of E. primary school last rated by Ofsted as Outstanding.

ENTRANCE HALL 15 10" x 5 9 (inc stairs)" (4.83m x 1.75m) Immediately on entering the property one cannot fail to be impressed by the style, quality and no little expense that has been bestowed upon this property during the recent works of extension, improvement and modernisation throughout.

SITTING ROOM 11 10" x 10 10" (3.61m x 3.3m)

OPEN PLAN FAMILY/DINING ROOM 23 6" x 11 0 (max - narrows to 91)" (7.16m x 3.35m) Wonderful dual purpose space with ample room for a family to relax together and dine formally or informally includes the stunning glazed lantern.

KITCHEN 12 3" x 11 5" (3.73m x 3.48m) Lying predominantly open plan to the adjacent family/dining room. Fabulous fitted kitchen with a comprehensive range of storage units with high gloss finish doors in modern contrasting colours. Free standing range cooker, integrated dishwasher, and washer/dryer, free standing fridge freezer. Atmospheric downlighters to ceiling. Access to utility room

UTILITY ROOM 9 0" x 5 1" (2.74m x 1.55m) Fitted to match the kitchen.

GROUND FLOOR SHOWER ROOM 5 7" x 5 1" (1.7m x 1.55m) Refitted with a modern three piece suite.

FIRST FLOOR LANDING

BEDROOM 1 11 5" x 10 11" (3.48m x 3.33m) The first of four genuinely well proportioned bedrooms. This double room located to the rea of the house enjoying the lovely rear aspect.

BEDROOM 2 11 0" x 10 9" (3.35m x 3.28m) Further double bedroom this time to the front of the property.

BEDROOM 3 11 5" x 9 6" (3.48m x 2.9m) Yet another double bedroom. This also situated to the rear and enjoying the aforementioned aspect.

BEDROOM 4 11 5" x 6 0 (inc to 810)" (3.48m x 1.83m) Although the smaller of the bedrooms to the property, this room is far from small unlike may properties where the smallest bedroom is a compromise, not in this house!

FAMILY BATHROOM 8 10" x 5 1" (2.69m x 1.55m) Very well fitted with a stylish, modern three piece suite.

OUTSIDE As mentioned above the property has a large plot with ample off street parking and adjacent lawn to the front. To the rear can be found a garden which is yet another feature of the property. It is of a surprising size laid mostly to lawn and fully enclosed. It enjoys a south westerly aspect but is large enough for sun to be on part of the garden at almost all times of the day.

These particulars are for the guidance of proposed purchaser/s and do not represent the terms of a contract, they must be accepted as a guide only and are issued without any responsibility for the vendor, Martin & Co. or its employees. Measurements shown in these particulars are approximate and a guide only, they should not be relied upon or taken as correct. We have not tested any services or equipment within this property. We recommend purchasers obtain legal advice & survey/s before committing to purchase. No person representing this firm has the authority to give any warranty or representation in respect of this property. New money laundering regulations require us to verify the identity and ability to proceed immediately with a purchase of any prospective buyer.

Map location is not available for this property.

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

£ 299658.75

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
    £ 8998.75
  • 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

£ 29696.25
  • 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)
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  • Letting Fee
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  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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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