4 bedroom detached for sale

£1,150,000

4

Bedrooms

3

Bathrooms

2

Reception

Floorplan

Description: Nestled within the semi-rural village of Harvington, near Bromsgrove, The Swallows is a stunning and truly impressive four bedroom barn conversion, situated on a generous 0.42 acre plot boasting country views to the front and rear, delightful grounds and gardens, a magnificent kitchen/diner, fabulous lounge, an additonal play room/further reception room, study providing space to work from home, two en suites, a well-appointed family bathroom, gated driveway with a detached double garage and character features throughout including exposed beams and bricks.

The charming property is approached via an electric gated driveway providing ample off road parking for several vehicles with access to a car charging point and brick built double garage with loft space.

An attractive foregarden enjoys a lawn with a block paved path to glass double front doors leading into the welcoming reception hallway boasting floor to ceiling windows to the front and rear aspects, further French doors out to the rear garden and solid wood flooring. From here, double doors lead off to: the generous lounge with lovely parquet flooring, exclusive Mulberry wallpaper, an impressive brick built fireplace with an extra large log burner, full Sonos surround system and a door out to the rear garden; play room/reception room with a brick built fireplace housing a log burner and an external door to the courtyard; study with 2x French doors leading out to grounds and gardens; and the magnificent Shaker kitchen diner with a vaulted ceiling with exposed beams, brick built fireplace with log burner (fitted 2021), granite work surfaces, a solid oak breakfast island and integrated Miele hot air oven, Range cooker with six-ring burners and Smeg dishwasher and fridge/freezer.

Also situated on the ground floor are; a handy boot room with external doors to the grounds and gardens; a utility room; downstairs wc; and good sized storage cupboard.

From the hall, an oak staircase leads up to the first floor landing with doors radiating off to; the master bedroom with a vaulted ceiling and en suite shower room; double bedroom two with a vaulted ceiling and well-appointed en suite shower room; bedrooms three and four; and the fabulous family bathroom (re-fitted 2021) with a granite wash basin both a freestanding roll top bath and separate walk-in shower enclosure.

Outside, the property enjoys a good-sized rear garden with an outdoor tap and electrical points, a paved patio, lawn and fenced/brick walled boundaries. There is also an additional block paved courtyard to the side of the property hosting a cosy sitting area and hot tub (available by separate negotiation), plus a studio/annexe with running water, which could be converted into additional living space if desired.

The Swallows is situated just 2 miles mile from the historic village of Chaddesley Corbett. This is a much sought after rural area is just 4 miles from Bromsgrove and 5 miles from Kidderminster. The village enjoys several public houses, a post office and general stores, butchers, doctors' surgery, hairdressers, tearoom, village hall, sports club and pitches and a local church and importantly there is the highly regarded Chaddesley Corbett nursery and primary school less than 1/2 mile away from the property. The area is popular for cycling, horse riding and walking. Nearby is the larger towns of Bromsgrove and Kidderminster both with a selection of eateries, shops, supermarkets, dentists, Health Centre, leisure centres, and Golf Clubs. There are also excellent links to the M5 (junctions 4 and 5) and M42 (junction 1) and Bromsgrove train station boasting a new electric trainline.

Room Dimensions:

Hall

Downstairs WC

Lounge: 26' 10" x 17' 4" (8.18m x 5.30m)

Play Room: 19' 4" x 17' 4" (5.90m x 5.30m) max

Office: 14' 7" x 10' 4" (4.45m x 3.15m)

Kitchen/Diner: 28' 6" x 14' 7" (8.70m x 4.45m)

Boot Room: 14' 7" x 7' 10" (4.45m x 2.40m) max

Stairs To First Floor Landing

Master Bedroom: 20' 7" x 18' 0" (6.28m x 5.50m) max

En Suite: 10' 11" x 4' 5" (3.35m x 1.35m)

Bedroom Two: 18' 0" x 13' 8" (5.50m x 4.18m) max

En Suite: 6' 0" x 5' 8" (1.85m x 1.75m)

Bedroom Three: 13' 5" x 8' 9" (4.10m x 2.68m)

Bathroom: 11' 5" x 6' 9" (3.50m x 2.08m)

Bedroom Four: 13' 1" x 8' 9" (4.00m x 2.68m)

Double Garage: 21' 7" x 21' 5" (6.60m x 6.55m)

Studio 21' 1" x 11' 5" (6.45m x 3.48m)

Nearest Stations:

1.98 miles
Blakedown
2.5 miles
Kidderminster
3.4 miles
Hagley
3.45 miles
Hartlebury
5.2 miles
Stourbridge Junction

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

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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

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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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