4 bedroom detached for sale

£375,000 Offers in excess of

4

Bedrooms

2

Bathrooms

Situated on the outskirts of Selby, this spacious four bedroom link detached family home offers a generous amount of inside and outside space and benefits from a large brick built workshop that was previously a double detached garage.

The property is set over three floors and features two bathrooms, an attractive kitchen, a good- size lounge/diner, a conservatory overlooking the beautiful large garden, four double bedrooms and two separate bathrooms.

The entrance hall welcomes you with a UPVC double glazed front entrance door and two front windows. From there you will access one of the double bedrooms on one end and the fully tiled shower room includes a shower cubicle, WC, and washbasin on the other end of the house.

Heading to the first floor via the staircase from the entrance hall, youll find a landing with loft access and two storage cupboards. There are two double bedrooms and a master bedroom with fitted wardrobe. The family bathroom is fully tiled and features a white suite with a bath and shower overhead, WC, and washbasin.

The kitchen, installed in 2022, has a side door, two windows, wall and base units, a sink unit, breakfast bar, electric oven, and hob. The lounge/diner features a gas fire with bespoke marble surround, and sliding doors to the garden. The double glazed conservatory has a polycarbonate roof and patio doors and overlooks beautiful back garden with a wooden pergola above the hot tub area.

Outside, the property boasts a brick block paved frontage for ample off-road parking, brick pillars, double wooden gates, a substantial rear garden with outbuildings/stores, a large lawned area, seating areas, decking, pergola, hot tub, paved parking, and a dog run.

The brick-built workshop/hobby room, with power and light offers amper space for running a business or simply using it as an office space.

The property benefits from gas central heating and leased solar panels.

Selby Market town is renowned for its extensive range of shopping facilities, including a popular weekly market and an excellent choice of restaurants, pubs, and supermarkets. Residents will also enjoy the convenience of nearby sports centres, sports clubs, schools, and Abbey Walk Retail Park.

For commuters, Selby is perfectly positioned for easy access to the A19 and A63, which provide excellent transport links to major cities such as York, Leeds, Wakefield, Doncaster, Howden, and Hull as well as Train Station with direct links to London, Manchester or Liverpool.

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

£ 312075

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

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
    £ 9375
  • 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

£ 30825
  • 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

£
  • 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

Adjust these figures

  %

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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