4 bedroom semi-detached for sale

£600,000 Offers over

4

Bedrooms

2

Bathrooms

Floorplan

A beautifully vesatile dormer bungalow in an idylic village setting.

Description

Church Hill Cottage has a versatile layout with a ground floor bedroom, two ground floor reception rooms, one of which could be utilised as a further bedroom, a kitchen diner, utility room with cloakroom and a ground floor family bathroom. On the first floor there are two bedrooms, one which has an ensuite and walk-in wardrobe.

The property is nestled within approximately 0.5 acres of beautiful gardens and there is a summer house that would make the perfect home office. There is a gated, sweeping driveway with parking for several vehicles. Plans have been drawn for a proposed extension (STPP).

The delightful grounds to the front and rear are mainly laid to lawn, with privet borders and established trees and foliage. There are two entrances to the property, one to the front and one to the side.

The front entrance door opens to a welcoming hallway that is fitted with beautiful wooden Parquet flooring. There is a split level staircase rising to the first floor and an under stairs storage cupboard.

To the right there is a front facing sitting room with wood-effect laminate flooring and a feature Morso Squirrel log burner with wooden fire surround and brick hearth.

The second sitting room is front facing and was originally a bedroom. There is feature log burner set on a brick hearth and is fitted with laminate flooring.

There is a ground floor bedroom to the rear.

The bathroom is fitted with a white suite comprising a p-shaped bath with a waterfall shower over, WC and a wash basin with vanity unit beneath.

The spacious kitchen/diner is fitted with Shaker-style wall, base and draw units topped with a solid wood work surface. There is space for a Range-style cooker with an extractor over, an integrated dishwasher and wall mounted boiler. Finishes include a part exposed brick wall and slate tiling to the floor. There is also space for a table and chairs.

The inner lobby/boot room leading from the kitchen gives access to the outside of the house. This is a great space for a second entrance, it houses a storage cupboard for coats and shoes and is fitted with slate flooring, as well as allowing access to the loft for additional storage. The utility and guest cloakroom also has slate flooring and is fitted with wall and base Shaker-style units, a stainless steel sink unit, space for domestic appliances, WC and hand basin.

First floor
Bedroom one is a large double room with a partial sloping roof with two Velux windows that have built-in blinds. It also has a walk-in wardrobe and an ensuite fitted with a WC, wash basin and a curved shower cubicle with waterfall shower.

The second bedroom has storage to the eaves and two Velux windows that have built-in blinds.

The property has potential to extend to the rear which would provide a beautiful construction overlooking the rear garden, subject to the relevant planning permissions being granted.

Gardens and grounds
The outside is tranquil and idyllic with views to Saint Peters Church. There is a decked area which has a timber frame covered roof making it suitable for all weather and wall light points and a further paved area that is perfect for alfresco dining. This private garden is fully enclosed by established hedgerow and planting. There are also two large sheds included.

To the rear there is a summerhouse, ideal for those working from home it also has its own garden area.
It is fitted with a log burner, a small kitchen area with wall and base units and a sink. There are two reception areas and a shower room fitted with a WC, hand basin with vanity unit beneath and a walk-in shower. This is an extremely versatile space suitable for a number of uses.

There is also a piece of land to the side of the property accessible via gate from the parking area which is currently utilised for storage and vegetable growing.

Agents note
The property resides in a conservation area.

Services
The property has mains gas, main electricity and private sewerage.
Council Tax Band - E

Location

On the outskirts of Kinver village, overlooking St. Peters Church and has the best of both worlds, a rural countryside setting and amenities within the village close to hand.

This property is on the doorstep of countryside walks, yet close to larger local towns such as Stourbridge and Kidderminster. From a commuting perspective there is the railway station at Stourbridge Junction and a short drive away is access to the M5.

Fees

Reservation Fee - refundable on exchange

A reservation fee, refundable on exchange, will be payable by the Buyer to Andrew Grant Sales Limited prior to issuing the Memorandum of Sale and marking the property as Sold Subject to Contract. This fee will be reimbursed upon Exchange of contracts. The fee will be retained by Andrew Grant Sales Ltd to cover costs in the event the Buyer withdraws from the purchase other than as a result of:

1. Any structural issues arising from any survey
2. Serious defect in the seller€™s legal title
3. The local searches reveal any matter that has a material adverse effect on the market value of the property that were previously undeclared or unknown

The reservation fee will depend on the level of your agreed offer for the property:

An agreed offer under 500,000 will be 500 inclusive of vat
an agreed offer between 500,000 and 1,000,000 will be 1,000 inclusive of vat
all agreed offers over 1,000,000 will be 1,500 inclusive of vat

Nearest Stations:

3.46 miles
Blakedown
3.71 miles
Stourbridge Town
3.8 miles
Hagley
3.98 miles
Stourbridge Junction
4.22 miles
Kidderminster

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

£ 497700

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
    £ 15000
  • 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

£ 47700
  • 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

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