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£75,000 Offers in excess of
A plot of enchanting rural splendour, that conceals a haven of tranquillity. Ideal for those looking to get away from it all!
Pittsfield, accessed off Church Lane, offers a wide variety of broadleaved trees and is surrounded by quiet private woodland to the south and open farmland to the remaining boundaries., A stone/shingle track provides access in the shade of the St John the Baptist village church. This in turn leads to grassed path which forms part of freehold interest, bordered by mature established hedgerows. This rural idyll of undulating water and flower meadows is a haven for wildlife including butterflies, bees, wild birds and insects. Any future owner would able to drive in and park a car within the plot itself, via a galvanised metal five bar gate. All in all, a perfect spot enhancing ones own wellbeing and mindfulness, whilst relaxing and spending time quietly with nature.
Location:
This prime plot of the East Sussex countryside, that is designated as being of outstanding natural beauty, is simply accessed via a galvanised metal five bar gate, thus providing pedestrian and vehicular access that forms part of the freehold and is managed entirely by the land owner.
Ripe village has its own 13th century Parish Church, highly acclaimed Village Store with Post Office and enjoys an active social calendar. There is a Nursery School in the village, and a wide choice of schooling for all ages close by. The mainline railway station at Berwick is about 3 miles away connecting to Lewes. There is a half-hourly train service from Lewes to London Victoria in just over the hour. The historic county town of Lewes with its comprehensive shopping and schooling is just 7 miles distant, and the famous Glyndebourne Opera House is about 6 miles away on the edge of Ringmer.
Tenure:
The freehold interest is for sale by private treaty
Services:
Mans water supply (TBV) No further services are appointed to the land, whilst there are two defined public footbath that leads across the plot, one leading from Eckington Corner through to Langtye Lane.
Local Authority:
Wealden District Council:
Details. plans and description:
These are based on the Ordnance Survey and are for reference purposes. The proposed purchaser shall be deemed to have satisfied himself or herself as to their accuracy, through any error or statement shall not annul the sale nor entitle any party to compensation in respect thereof.
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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