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£895,000 Guide Price
Bedrooms
Bathrooms
123 The Mount forms the Eastern wing of Ambassador Court, a landmark Grade II Listed building on The Mount, Yorks royal entrance to the city. Set well back from the roadside, this grand property presents an impressive frontage with its handsome Georgian features and notable address.
The property is deceptive on first impressions and offers well-balanced accommodation in excess of 2100 sq ft, leading from an unusually spacious entrance hallway. Large bay windows and high ceilings ensure plenty of natural light flows through the elegantly proportioned rooms. Beautifully maintained, the property has been thoughtfully upgraded throughout, with parquet flooring and traditional style radiators complimenting the period. Every room has been recently redecorated with exceptional attention to detail and carefully chosen, high quality fittings. There is secondary glazing installed to most windows, ensuring peace and tranquility from the hustle and bustle of city life.
Rising over 3 floors, the property offers versatile living with up to 4 bedrooms, the principal rooms enjoying wonderful views over the gardens. An exquisite kitchen by Tom Howley has been recently fitted, thoughtfully designed with a central curved island and a perfectly placed seating area for enjoying the leafy rear outlook. A separate dining room and an impressive first floor drawing room provide superb space for entertaining and relaxing, both beautifully styled and generously sized. There is ample storage space which has been cleverly designed to offer a pantry/boot room and a utility area for laundry.
All three bedrooms are served by their own en suite facilities; the principle has been fitted with wardrobes, and the third bedroom currently serves as a home office and occasional guest bedroom.
Rare for such a location, 123 The Mount boasts the most fabulous and private gardens. Leading from the rear of the house, a paved terrace area with vine-covered pergola offers the perfect setting for al-fresco dining. Continuing the pathway down, a climbing rose archway takes you through to an expanse of lawn, enclosed by mature trees, colourful planted beds and shrubbery, with a raised terrace seating area. The gardens continue to surprise with a further area of fruit and vegetable planters, 2 greenhouses, a shed and further garden stores, with electricity supply. A true gardeners haven, it offers a tranquil and beautiful setting belying the city location.
In addition to the private gardens, the property also benefits from the communal gardens of Ambassador Court. There is plenty of off-street parking: an allocated parking space to the front, a second to the rear, and private gated rear access offering more space for secure parking if required. This area also offers potential for a garage or home office to be constructed (subject to necessary planning consents).
The Mount is ideally located just a short distance from the green open spaces of the racecourse and Knavesmire; with the immediate area providing useful shops, several restaurants and highly rated state and private schools nearby. The city centre is within half a mile, with its perfect blend of history, culture and shopping/leisure facilities. Fashionable Bishy Road lies just a short stroll away, with its independent shops, and popular pubs and restaurants. The railway station is equally close by offering regular services to Londons Kings Cross in just 1 hr 50 mins.
Service Charge: 2770 pa
Sinking fund contribution: 1258 pa
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.
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