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£375,000 Guide Price
GUIDE PRICE 375,000-400,000.
The land at Trevillies is located just outside of the village of St Keyne, in South East Cornwall.
St Keyne provides some village amenities, with the South East Cornwall administrative centre of Liskeard approximately 10 minutes driving distance providing a more comprehensive range of town facilities, mainline railway station and access onto one of the main arterial routes throughout Cornwall, the A38.
South East Cornwall is a renowned farming heartland, well supported by agricultural infrastructure, supporting a diverse range of successful agricultural businesses. The land at Trevillies comprising a rare opportunity to acquire a quality block of accommodation land in this sought after farming district.
Description
The land extends in all to approximately 45.64 acres (18.47 hectares) contained in a ring fence block. There is approximately 33 acres within two large, easy working, gently sloping enclosures in arable rotation, a further 7 acre field currently in pasture, although equally suited to arable cropping and approximately 5 acres of mature, attractive, amenity woodland.
The land is serviced by mains water and accessible along a short lane leading to a parish road.
The land is shown on the Agricultural Land Classification Map as being Grade III, with the soil type noted as being free draining loamy soils, very suited to cereal and vegetable cropping.
Services
Mains water is connected to the land.
Directions
Please note the Location Plan included within these particulars.
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Viewings
Intending purchasers may inspect the property at a time of their choosing bearing a copy of these details. Please ensure that in making your inspection you do so with due care, taking responsibility for your actions. In particular, please do not climb gates but open same and leave them shut where found shut and wear suitable footwear.
Contact Us
Kivells Farms and Land Department, 7-8 Bay Tree Hill, Liskeard, Cornwall PL14 4BE. Tel: . Mobile: . Email: mark.
Other Information
Tenure
Freehold with vacant possession upon completion.
Local Authority
Cornwall Council, Chy Trevail, Beacon Technology Park, Bodmin, Cornwall PL31 2FR.
Easements, Wayleaves, Rights of Way
The property is offered for sale, subject to and with the benefit of all matters contained in or referred to in the Property and Charges Register of the registered title together with all public or private rights of way, wayleaves, easements and other rights of way, which cross the property.
Boundaries
Any purchaser shall be deemed to have full knowledge of all boundaries and neither vendor nor the vendors agents will be responsible for defining the boundaries or the ownership thereof. Should any dispute arise as to the boundaries or any points on the particulars or plans or the interpretation of them, the question shall be referred to the vendors agent whose decision acting as experts shall be final.
Plan of the Land
The plan is based on Ordnance Survey extracts, and the areas are not guaranteed. Purchasers must satisfy themselves as to their accuracy.
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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