3 bedroom detached for sale

£475,000

3

Bedrooms

1

Bathrooms

Floorplan

Sinclair Estate Agents are delighted to present White Lodge, a slice of history set within the picturesque Garendon Park . The Grade II listed property is approached via the eye catching Temple of Venus and lies next to the impressive Triumphal Arch (not included in sale).

White Lodge, perhaps 17th century in origin and re-modelled early 19th Century is stone built and stucco faced with a hipped Swithland slate roof. Internally the property comprises reception hall, two reception rooms, re-fitted kitchen; on the first floor a landing gives way to three bedrooms (the third and bathroom accessed from a further study landing area.) To the lower floor there is a utility room, separate boiler room and access to a vaulted cellar

Outside there are walled gardens to the side and a series of outbuildings including kennels, and a barn/ store/ workshop. The buildings offer scope for improvement and alternative uses subject to the necessary planning and consents. Offered with no upward chain. EPC RATING G.

Detailed Acommodation - There is an entrance door with adjacent window through to the reception hall.

Reception Hall - Has beamed ceiling, stairs accessing the first floor, doors accessing two reception rooms and the lower floor utility room, boiler room and cellar.

Reception Room One - 4.72m x 2.92m (side of chimney breast) (156 x 97 - Double glazed multi pane sash style window, radiator, a central fire place with tiled hearth and back, wooden sides and over mantle, radiator.

Reception Room Two - 4.67m x 3.07m min 3.20m max (154 x 101 min 106 - With multi pane sash style window, radiator, fire place with feature exposed beam to the inglenook with inset shelving, an exposed beam ceiling, door accessing the re-fitted kitchen.

Refitted Kitchen - 4.65m x 1.75m (153 x 59) - With one and a half bowl single drainer stainless steel sink unit with a chrome mixer tap over with rinser attachment, fitted units to the wall and base, work surface, tiled surround, electric hob with oven under and extractor fan over, window to the rear elevation overlooking the garden, space for a tall standing fridge freezer, plumbing for washing machine, radiator.

First Floor - A landing gives way to three bedrooms with the third bedroom and bathroom accessed from a further study landing area. A half moon feature window.

Bedroom One - 4.85m x 3.05m (side of chimney breast) (1511 x 10 - Windows to two elevations, radiator.

Bedroom Two - 4.83m x 2.26m min 3.45m max (1510 x 75 min 114 - Windows to two elevations, radiator, door accessing built in storage cupboard.

Study Landing - 2.90m x 2.44m (96 x 8) - Multi pane window with doors accessing bedroom three and family bathroom, radiator.

Bedroom Three - 4.52m x 2.21m (including chimney breast) (1410 x - There is an open fire with a multi pane window and a radiator.

Bathroom - Fitted with a white four piece suite comprising panelled bath, walk in shower cubicle with thermostatic shower and door screening, low flush WC and pedestal wash hand basin, part tiled walls, radiator and window to the rear elevation.

Lower Floor - To the lower floor there is a further entrance lobby with access to a utility room and boiler room, door accessing the outside. 126 high ceiling with exposed beams.

Utility Room - 2.51m x 2.13m (83 x 7) - Plumbing for washing machine, electric light and power, radiator, window to the rear elevation.

Boiler Room - With a wall mounted oil fired boiler, electric, light and power, a water tank and open access to a vaulted cellar.

Cellar - 3.63m x 1.68m (1111 x 56) - Vaulted ceiling and brick thrawl.

Outside - The property is accessed from a private drive leading passed the triumphal arch and has vehicular access to the property and gardens. There is a series of out stores including kennels/chicken coops and brick build stables.

Stable One - 2.87m x 6.50m (95 x 214) -

Stable Two - 2.97m x 2.87m (99 x 95) - There are two sectional garages and barn.

The barn measures 565 x 211.

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

£ 394575

Mortgage Loan to Value

%

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
    £ 11875
  • 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

£ 38325
  • 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.

£

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
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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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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