5 bedroom detached for sale

£725,000

5

Bedrooms

4

Bathrooms

Floorplan

A full inspection is absolutely essential to appreciate the size of accommodation on offer together with further potential to improve or even extend further (STP). An imposing and substantial character detached residence boasting approximately 3,700 square feet of living space, together with a SEPARATE ONE BEDROOM COTTAGE currently let and realising 8,160 gross per annum. This impressive property with parts originally dating back some 200 years, has an interesting history having been at some point a public house and filling station in the 1930s, now skilfully extended by the current owner to offer a large family home. Standing in a mature plot of approximately one quarter of an acre, with an established formal garden which has planning permission granted for a single bungalow to be erected. There is a further selection of outbuildings to include a large detached garage / workshop, together with ancillary buildings to house further agricultural storage and horse box / trailer together with ample vehicular parking. The property benefits from gas central heating together with UPVC double glazing. In brief; Glass and UPVC double glazed atrium porch, main reception hall, guests cloakroom / Wc, sitting room with entertaining area off, home office, farmhouse kitchen with AGA cooker, Family / media room, utility room with side hallway. On the first floor a landing leads to three large bedrooms (The principal bedroom having his and hers dressing rooms, study and shower room en-suite) all having en-suite. To the second floor are two further large bedrooms together with the main bathroom.
The adjacent cottage comprises; sitting room, ground floor Wc, dining kitchen with a first floor double bedroom and bathroom.
The property is located in one of Derbyshires sought after villages within the Ecclesbourne School Catchment.
Freehold. Council tax band G. Energy rating D.

Glass Atrium - Constructed of UPVC with double glazed windows and ceramic tiled floor. Into the:-

Reception Hall - Having timber and opaque glazed entrance door with ceramic tiled floor and staircase to first floor.

Guests Cloak Room/Wc - Having white two piece suite with ceramic tiled floor, part tiled walls and UPVC double glazed window.

Sitting Room - 4.81 x 4.33 (159' x 142') - Having an exposed random dressed grit stone wall with revealed beamed ceiling, three wall light points, radiator, solid wood floor and two UPVC double glazed windows. An open arch leads to the:-

Entertaining Area - 4.64 x 1.57 (152' x 51') - Having a solid wood floor, fitted bar with optics, radiator and UPVC double glazed window.

Study/Home Office - 4.15 x 3.88 (137' x 128') - Having a revealed beamed ceiling, exposed brick chimney breast with open fire, radiator and two UPVC double glazed windows.

Farmhouse Kitchen - 5.41 x 5.18 (178' x 1611') - Having a revealed beamed ceiling, fitted oak wall and base cupboards, the focal point of the room being the gas fired Aga sited on an exposed brick chimney breast with oak lintel, terracotta tiled floor, tiled splash backs and UPVC double glazed window.

Family Room - 5.40 x 5.06 (178' x 167') - Having a revealed beamed ceiling, ceramic tiled floor, the focal point of the room being the cast iron multi fuel burner on a raised stone hearth with exposed brick wall and chimney breast, two UPVC double glazed windows and UPVC double glazed French doors leading to the rear garden.

Utility Room - 3.93 x 2.04 (1210' x 68') - Having a range of oak wall and base cupboards, Worcester wall mounted combination gas boiler, tiled splash backs, contrasting ceramic tiled floor and two UPVC double glazed windows.

Side Hallway - 2.14 x 1.89 (70' x 62') - Having a ceramic tiled floor, UPVC double glazed window, timber and glazed door to side aspect.

First Floor Galleried Landing - With UPVC double glazed windows, built in storage cupboard, radiator and staircase to second floor.

Principal Bedroom Suite - 7.79 x 5.01 (256' x 165') - Having a television connection point, radiator UPVC double glazed window to side aspect and UPVC double glazed sliding door giving views over the garden. An open arch leads to the:-

Dressing Area - Having two walk in wardrobes and separate study area (measuring 3.23 x 2.02m).

Bathroom En Suite - 3.25 x 2.05 plus recess (107' x 68' plus recess) - Having a white five piece suite.



Bedroom Two - 4.29 x 3.34 (140' x 1011') - Having built in wardrobes, radiator and UPVC double glazed window. An open arch leads to the:-

Shower Room/En Suite - Having a modern contemporary white three piece suite.

Bedroom Three - 4.61 x 4.20 (151' x 139') - Having a revealed beam to ceiling, two radiators, two UPVC double glazed windows and door to:-

Shower Room/En Suite - Having a modern white three piece suite.

Garden View -

Second Floor Galleried Landing - With turned spindle balustrade, radiator and two UPVC double glazed windows.

Bedroom Four - 4.26 x 3.77 (1311' x 124') - Having a radiator and UPVC double glazed window.

Bedroom Five - 4.27 x 4.42 (140' x 146') - Having a radiator and UPVC double glazed window.

Bathroom/En Suite - 6.12 x 2.06 (200' x 69') - Having a white four piece suite, two radiators and UPVC double glazed window with door to landing.

Outside - The property stands in approximately 1/4 of an acre of gardens with a tarmac on off driveway, giving car standing space for several cars and leading to twin wrought iron gates. These lead to a large court yard area, with further extensive lawn. The courtyard also enjoys a substantial detached garage/workshop measuring internally 5.27 x 4.48, having up and over door and supplied with power and light.
Separate covered lean to and workshop, measuring 6.58 x 6.18, having roller shutter doors and supplied with power and light.







Separate Cottage - Currently generating a rental income of 8160 gross per annum (to include all bills).

Sitting Room - 3.89m x 3.35m (129 x 11 ) - Having four double wall light points, two radiators, television and BT connection points, revealed beamed ceiling and UPVC double glazed sash style windows to side and front aspects (affording views over open countryside). Twin wooden multi paned doors lead to the:-



Inner Hallway - Having ceramic tiled floor, radiator, double wall light point, dog legged staircase to first floor and deep understairs storage cupboard.

Ground Floor Wc - Having modern white two piece suite comprising; low centre flush wc and wall mounted wash hand basin with splash back, ceramic tiled floor, radiator and UPVC opaque double glazed window to side aspect.

Breakfast Kitchen - 3.25m x 2.74m (108 x 9 ) - Having a full range of modern light oak fitted wall, base and drawer units with polished granite effect laminated rolled edge working surfaces, inset stainless steel four burner gas hob with matching electric fan assisted oven and grill, complimentary ceramic tiled splash backs with contrasting ceramic tiled floor, radiator, fridge freezer and UPVC double glazed window to rear aspect (offering delightful views over farmland).

First Floor Landing - With radiator and access to roof space.

Bedroom - 4.50m x 3.38m (149 x 111 ) - Having two radiators and UPVC double glazed windows to side and rear aspects (offering delightful views over rolling countryside).



Bathroom - Having modern four piece suite comprising; low flush wc, pedestal wash hand basin, panelled bath and quadrant tiled shower cubicle with mains fed shower, radiator, washing machine and dryer, airing cupboard and UPVC double glazed window to rear.





Features
  • Freehold

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

£ 600825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 18125
  • 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

£ 57075
  • 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
    £
  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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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