4 bedroom detached for sale

£345,000

4

Bedrooms

Floorplan

FULL DESCRIPTION Martin and Co Guisborough is delighted to bring to the market this four bedroom detached property, situated on a corner plot in a quiet location in the sought after Galley Hill Estate in Guisborough.

Forming part of the Kebbell homes development, this property benefits from membership to the leisure centre just minutes walk from the property. Complete with heated swimming pool, showering and changing facilities, squash court and hall with kitchen area available for private hire or make use of available classes and activities (annual membership fee payable).

This beautiful family home is an excellent buy if you have young children as both Galley Hill and St Paulinus Primary Schools are only a short walk.

Briefly comprising entrance hall, modern open plan kitchen diner, double doors opening into a spacious living room, conservatory, utility/WC/cloakroom, four good sized bedrooms and family shower room. Externally, there is a large drive providing off road parking for several cars, which leads to secure gated hard standing are, which is ideal for caravan/motorhome storage, garage store area which has been partially converted to form a utility area and a generous enclosed landscaped rear garden. Early viewing recommended.

INTERNALLY

GROUND FLOOR

ENTRANCE HALL 8 3" x 6 6" (2.51m x 1.98m) uPVC entrance door, glazed side window, ceiling cornice, textured ceiling, double panelled central heating radiator, laminate flooring, understairs storage and stairs leading to the first floor.

OPEN PLAN KITCHEN DINER 21 3" x 11 7" (6.48m x 3.53m) To rear aspect. Range of wall, base and drawer units with light gloss fascias with peninsula, 1.5 bowl ceramic inset sink unit, mixer tap, tiled splash backs, wood work surfaces, ceramic hob, integrated electric oven, integrated microwave, extractor hood, integrated fridge freezer, space for slimline integrated dishwasher, laminate flooring, inset lighting, designer radiator, uPVC window, uPVC door leading to rear garden and uPVC French doors leading to conservatory.

LIVING ROOM 16 0" x 11 2" (4.88m x 3.4m) To front aspect. Ceiling cornice, laminate flooring, double panelled central heating radiator double doors leading to open plan kitchen diner and uPVC window.

CONSERVATORY 11 3" x 8 9" (3.43m x 2.67m) uPVC Conservatory. With laminate flooring. French doors leading to the rear garden.

UTILITY ROOM 5 11" x 4 8" (1.8m x 1.42m) Bi-fold doors leading to utility area. To rear aspect. Wall units with light wood effect facias, plumbing for washing machine, space for freezer and space for dryer. Towel radiator. Archway to bathroom.

BATHROOM 5 0" x 4 11" (1.52m x 1.5m) Leading from utility room. Partially clad walls, laminate flooring, extractor fan, part clad ceiling, wc with inset sink unit, mono tap and push button flush, bath with traditional mixer tap.

FIRST FLOOR

LANDING 13 10" x 6 2" (4.22m x 1.88m) With uPVC window, two storage cupboards and loft access hatch to part boarded loft space via retractable ladder.

BEDROOM 3 10 3" x 8 1" (3.12m x 2.46m) To rear aspect. Textured ceiling, fitted wardrobes, central heating radiator, carpet flooring and uPVC window.

SHOWER ROOM 7 7" x 5 11" (2.31m x 1.8m) Part tiled. White suite comprising: low level WC with push button flush, pedestal wash hand basin, glazed shower cubical with shower over, PVC clad ceiling, extractor fan light, vinyl flooring, heated towel rail, inset lighting and uPVC window.

BEDROOM 2 11 11" x 9 8" (3.63m x 2.95m) To rear aspect. Ceiling cornice, textured ceiling, fitted sliding wardrobes, central heating radiator, carpet flooring and uPVC window.

BEDROOM 1 13 1" x 11 7" (3.99m x 3.53m) To front aspect. Textured ceiling, fitted wardrobes, central heating radiator, carpet flooring and uPVC window.

BEDROOM 4 9 8" x 8 1" (2.95m x 2.46m) To front aspect. Ceiling cornice, textured ceiling, central heating radiator, carpet flooring and uPVC window.

EXTERNALLY

GARAGE STORE 8 9" x 8 1" (2.67m x 2.46m) Half sized garage store with up and over door, power and light. Wall mounted gas central heating boiler.

DRIVEWAY Block paved driveway with parking for at least two cars.

GATED HARDSTANDING Pedestrian access via side gate and double gated vehicular access to block paved hard standing area, ideal for caravan or motorhome storage.

GARDENS The front garden is mainly laid to lawn with railway sleeper and pebbled borders. The fence enclosed rear garden is mainly laid to lawn with a two decked areas including a slate fire pit area with railway sleeper and pebbled borders and a variety of shrubs, bushes and plants. Two hidden sheds. Cold water external tap.

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

£ 287325

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
    £ 8625
  • 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

£ 28575
  • 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

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  • 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

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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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