4 bedroom semi-detached for sale

£285,000

4

Bedrooms

3

Bathrooms

Floorplan

DESCRIPTION Located within the desirable Alexander Mews development on the edge of Balderton, this impressive home offers spacious and stylish contemporary living. With open countryside close by, yet excellent access to local amenities, well-regarded schools and superb transport links including the A1, A46, A52 and A17, the property is perfectly positioned for both families and commuters. Newark Northgate station is just 2.5 miles away, providing a direct rail service to London Kings Cross in approximately 1 hour 15 minutes.

The accommodation is beautifully presented throughout and finished to a high standard. The ground floor features a welcoming entrance hall, a large open-plan kitchen diner with French doors to the garden, a separate utility/store, a generous lounge, and a modern cloakroom. To the first floor, there are three well-proportioned bedrooms, including one with en-suite, alongside a contemporary family bathroom. The top floor hosts a spacious principal suite, or ideal guest bedroom, complete with private en-suite.

Externally, the property benefits from two parking spaces to the front and an enclosed landscaped garden to the rear, creating an ideal setting for family life and entertaining.

LOUNGE 17 8" x 14 5" (5.4m x 4.4m) A generous and stylish living space, finished with soft neutral carpet and a striking slatted timber feature wall. Dual uPVC double glazed windows provide excellent natural light, complemented by a bespoke window bench. Complete with recessed ceiling spotlights, radiator and provision for a wall-mounted television, this is a versatile room ideal for both relaxation and entertaining.

KITCHEN/DINER 17 8" x 11 1" (5.4m x 3.4m) A modern and sociable open-plan space, fitted with a range of contemporary units and contrasting marble-effect work surfaces. The kitchen is enhanced with integrated appliances, tiled splashbacks and a breakfast bar with pendant lighting above. Ample dining space is provided, with French doors opening directly onto the rear garden, creating a perfect setting for both everyday family life and entertaining.

DOWNSTAIRS WC 7 6" x 3 10" (2.3m x 1.19m) A well-presented cloakroom comprising low-level WC and pedestal wash hand basin with tiled splashback. Finished with neutral dcor and tiled flooring, complemented by a heated towel rail.

UTILITY ROOM 7 4" x 5 7" (2.25m x 1.71m) A highly practical space set beneath the staircase, providing plumbing for laundry appliances, additional work surface and shelving. An ideal area for household storage with room for coats and footwear.

MAIN BEDROOM 18 8" x 17 8" (5.7m x 5.4m) A spacious and well-appointed main bedroom, enhanced by neutral dcor and soft carpeting. Twin windows, including a dormer, ensure excellent natural light, while recessed spotlights add a modern finish. The room offers ample space for wardrobes and storage, making it an inviting retreat.

ENSUITE TO MAIN BEDROOM 11 9" x 5 1" (3.6m x 1.55m) A stylish en-suite shower room comprising walk-in glazed shower enclosure, low-level WC and pedestal wash hand basin. Finished with half-height marble-effect tiling, patterned floor tiles, heated towel rail and a Velux window providing natural light.

BEDROOM 2 11 10" x 11 5" (3.63m x 3.5m) A bright and comfortable double bedroom, finished in modern grey tones with soft carpeting. A uPVC double glazed window to the front elevation allows plenty of natural light, complemented by a central heating radiator. The room provides ample space for wardrobes and additional furnishings, and benefits from private access to an en-suite.

ENSUITE TO BEDROOM 2 3 3" x 5 10" (1,92m x 1.8m) A modern shower room fitted with glazed shower enclosure, low-level WC and pedestal wash hand basin. Finished with marble-effect tiling, heated towel rail, and contrasting flooring for a contemporary feel.

BEDROOM 3 11 5" x 10 2" (3.5m x 3.1m) A generously sized double bedroom with neutral carpeting and a uPVC double glazed window to the rear elevation, allowing for ample natural light. Finished with a central heating radiator and space for a range of bedroom furnishings.

BEDROOM 4 11 5" x 7 6" (3.5m x 2.3m) A well-presented double bedroom, finished in neutral dcor with soft carpeting. A uPVC double glazed window to the rear elevation provides natural light, complemented by a central heating radiator. Suitable as a guest room, study, or additional family bedroom.

FAMILY BATHROOM 6 10" x 6 3" (2.1m x 1.91m) A modern bathroom comprising panelled bath with overhead shower and glazed screen, pedestal wash hand basin and low-level WC. Finished with contemporary tiling, patterned floor tiles, heated towel rail and spotlighting.

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

£ 237825

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
    £ 7125
  • 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

£ 24075
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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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Notes

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