5 bedroom detached for sale

£1,150,000

5

Bedrooms

3

Bathrooms

4

Reception

Floorplan

Description: A rare opportunity to acquire a Grade II Curtilage property built originally in the 1800's. Nestled within the idyllic countryside, Cattespool Mill offers approx. 7148 sq ft of versatile, traditional accommodation to include, five double bedrooms, two bathrooms, four reception rooms and all positioned in circa 5 acres of delightful far reaching country views. The property comprises a generously proportioned secured gated driveway providing ample off-road parking. Completed by seven stables (measuring approx. 18m x 6m each) with an adjoining tack room, double garage and good-sized workshop. This unique residence offered with no onward chain, is located within the semi-rural area of Tardebigge.

The main residence of Cattespool Mill offers spacious, traditional living accommodation to suit all aspects of rural family life. Once inside from an enclosed porch, the property compromises; an inviting entrance hall with exposed beams and flagstone flooring; guest cloakroom, storage space and downstairs WC; which radiates off to the large family snug. Beyond the hallway, the property leads into the dining room which features solid wood flooring, exposed beams and French doors to rear garden. The kitchen/diner presents a range of fitted units, integrated appliances including dishwasher, wine cooler, range master cooker and island with quooker tap completed with granite worksurfaces. Located suitably adjacent to the kitchen/diner, is a separate utility and laundry room, shower and additional WC. The vast lounge compromises feature log burner and hidden access to the wine cellar. Access to the first-floor landing is dual featured; the main staircase from the entrance hallway veers off to double bedroom four and five, sharing the family bathroom with shower over bath. Additionally, the separate staircase from the hallway radiates of to the first-floor office, the master bedroom that enjoys a dressing room, walk in wardrobe and bathroom. Double bedroom two features an ensuite, with accessibility to bedroom four. All rooms on the first floor are interconnected, which is perfect for family living.

Situated within circa 5 acres of desirable equestrian grounds behind the gated entrance, the main residence boasts an additional seven stables, tack room and a detached brick building that could be suitable for other uses (STPP). The residence enjoys outdoor seating area, and delightful south facing fields laid to lawn, with mature trees, hedging and fencing to define the property boundaries.

The property is situated in the semi-rural area of Tardebigge, which is within near distance of Bromsgrove town centre, offering a range of convenience stores, supermarkets, restaurants, leisure centres, schools, and other services including doctor and dentist surgeries, a library and a popular golf club, and is an ideal town for growing families. In addition, there is access to the motorway network via M5 (junctions 4 and 5) and M42 (junction 1).

Room Dimensions:

Living Room: 29' 4" x 22' 7" (8.95m x 6.90m)

Kitchen: 22' 7" x 18' 5" (6.90m x 5.62m) max

Utility Room: 9' 3" x 8' 8" (2.82m x 2.65m)

Dining Room: 17' 8" x 15' 8" (5.40m x 4.80m)

Snug: 17' 8" x 16' 11" (5.40m x 5.18m)

Stairs To First Floor Landing

Master Bedroom: 22' 7" x 14' 8" (6.90m x 4.48m)

Bathroom: 9' 8" x 7' 7" (2.95m x 2.32m)

Dressing Room: 14' 9" x 14' 1" (4.50m x 4.30m) max

Office: 13' 3" x 10' 10" (4.05m x 3.32m)

Bedroom Two: 23' 2" x 14' 11" (7.08m x 4.55m) max

Bedroom Three: 17' 5" x 17' 2" (5.32m x 5.25m)

Bedroom Four: 22' 7" x 13' 3" (6.90m x 4.05m)

Bedroom Five: 18' 2" x 17' 6" (5.55m x 5.35m)

Bathroom: 13' 3" x 5' 11" (4.05m x 1.82m)

OUTBUILDINGS

Stables 12' 2" x 13' 7" (3.72m x 4.16m) PER STABLE

TACK ROOM 13' 9" x 8' 7" (4.21m x 2.63m)

STABLE 13' 9" x 9' 5" (4.21m x 2.88m)

METAL BARN 22' 11" x 49' 2" (7m x 15m)

OPEN HAY BARN 22' 11" x 49' 2" (7m x 15m)

Workshop: 17' 10" x 17' 8" (5.45m x 5.40m)

Garage: 22' 7" x 16' 2" (6.89m x 4.94m)

Nearest Stations:

1.4 miles
Alvechurch
1.75 miles
Barnt Green
2.35 miles
Bromsgrove
2.97 miles
Redditch
4.23 miles
Longbridge

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

£ 950200

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
    £ 28750
  • 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

£ 87700
  • 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

Adjust these figures

  %
  %
£
  %

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

Adjust these figures

  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message