Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£800,000 Guide Price
Bedrooms
Bathrooms
'SOLD STC PRIOR TO MARKETING' 'GUIDE PRICE 800,000 to 850,000' Offering substantial and adaptable accommodation, extending over 4,000 square feet, this magnificent, detached home enjoys a south facing position at the top of Beacon Hill in Newark, falling within easy access to a host of a local amenities, as well as boasting superb access to the A1, Newark North Gate train station and the town centre itself.
The propertys accommodation comprises: welcoming reception hallway, dining kitchen having integrated appliances including ovens, large induction hob and extractor, and separate utility room, there are five reception rooms to include a lounge, garden room with French doors leading to the garden, home office, a games room with bi-fold doors and gym, with adjacent WC and second utility room. In addition, the property has five DOUBLE bedrooms, the main bedroom also having a generous dressing room and luxurious shower room,four piece bathroom suite, two further ensuites and a shower room.
Further key benefits of this marvellous home include a quadruple garage, owned solar panels, air source heat pump, Freerain rainwater harvesting system, Sonos sound system, UPVC double glazing, and an electric gated driveway providing off street parking for ample vehicles.
EPC rating: D. Tenure: Freehold,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.
The Property has been saved to your favorites
/ 5
It's quick and easy
