5 bedroom detached for sale

£795,000 Guide Price

5

Bedrooms

1

Bathrooms

4

Reception

Floorplan

Five bedroom detached Grade II listed farmhouse located in a rural country position in the village of Steeple, ten miles from Maldon. The house benefits from large & flexible accommodation, oil central heating and a plot of almost one acre. There is also the option to purchase a range of farm buildings opposite and a paddock of 9.5 acres by separate negotiation.
Ground Rent :0



Features
  • Freehold


Property additional info

DRAWING ROOM: 19' 2" x 14' 6" (5.84m x 4.42m)
Feature red brick fireplace, sash window to front, two radiators.

Room title:
Solid wooden entrance door to:

STUDY: 14' 6" x 13' 6" (4.42m x 4.11m)
Sash window to front, two radiators, exposed timbers, red brick chimney breast, stone hearth, open plan and steps down to dining room.

DINING ROOM: 13' x 10' 8" (3.96m x 3.25m)
Stone floor, radiator, exposed timbers, window to rear, under stairs storage area.

INNER HALL:
Turning staircase with half landing to first floor, storage cupboard, window to rear.

SITTING ROOM: 16' x 10' 10" (4.88m x 3.3m)
Wooden door to front, windows to front and side, radiator, door to rear lobby.

REAR LOBBY:
Door to rear garden, radiator.

CLOAKROOM:
Frosted window to rear, radiator, wash hand basin, low level w/c.

KITCHEN/BREAKFAST ROOM: 16' x 16' 5 narrowing to 15'" (4.88m x 5m)
Range of fitted units painted grey, work surface with drawers & cupboards under, tiled splashback, radiator, Sink unit with mixer tap, further work surface to other wall, again with cupboards under, two windows to front, red brick chimney breast, airing cupboard.

LOBBY: 8' x 5' 10" (2.44m x 1.78m)
Window to rear, door to rear garden, radiator, storage cupboard

UTILITY ROOM: 15' x 12' 9" (4.57m x 3.89m)
Window to rear, oil boiler, plumbing for washing machine.

SHOWER ROOM: 5' 10" x 5' 4" (1.78m x 1.63m)
Wash hand basin, low level w/c, fully tiled and enclosed shower, frosted window to rear, radiator.

LANDING:
Stairs to second floor, doors to:

BEDROOM: 12' 10" x 10' 6" (3.91m x 3.2m)
Radiator, window to side with country views.

BEDROOM: 14' 6" x 12' 2" (4.42m x 3.71m)
Window to front with views, two wardrobes, radiator.

BEDROOM: 14' 6" x 19 narrowing to 17'4' (4.42m x 5.79m)
Window to front with views, cast iron fireplace with wooden surround, radiator.

INNER LANDING:
Radiator, door to bathroom & bedroom.

BEDROOM: 18' 7 narrowing to 15'4 " x 16 narrowing to 13' (5.66m x 4.88m)
Window to front, radiator, Victorian fireplace.

FAMILY BATHROOM: 14' 9" x 7' 6 restricted head room" (4.5m x 2.29m)
Frosted window to side, low level w/c, modern stylish basin set in vanity unit, double ended bath, radiator, unfurnished shower area.

LANDING:
Turning staircase with half landing, window to rear, exposed timbers, doors to:

BEDROOM: 14' 2 narrowing to 12'4 " x 8' 9 plus bay" (4.32m x 2.67m)
Bay window to front with views, radiator.

STORAGE ROOM: 18' 8" x 8' (5.69m x 2.44m)
Window to front, cold water storage tank.

OUTSIDE:
To the front of the property there is a driveway entrance that leads off of the track, this leads to an area for off street parking. The majority of the garden that surrounds the property is lawned, with a hedge border to the front and some mature bushes and small conifers to the rear boundary. As you look at the front of the house, to the left, there is a large pond with mature bushes and trees. In total the plot is approaching an one acre.

TENURE:
The property is available freehold with vacant possession upon completion.

VIEWING:
Strictly by prior appointment with Stanfords, call 842156 and ask for Steve or Nina.

AGENTS NOTE:
There is a selection of farm buildings opposite the property which are available at a Guide Price of ?325,000. There is also a separate paddock of approximately 9.5 acres available to purchase at a Guide Price of ?150,000.

Nearest Stations:

2.78 miles
Southminster
3.56 miles
Althorne
4.12 miles
Burnham-On-Crouch
5.72 miles
North Fambridge
8.46 miles
Hockley

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

£ 658575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 19875
  • 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

£ 62325
  • 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

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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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