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£450,000 Guide Price
Bedrooms
Bathrooms
A stunning example of a fully renovated early nineteenth century cottage set within a good-sized, attractive plot with pastoral views. The renovations are to a very high standard throughout and viewing the property is highly recommended to fully appreciate the numerous enhancementsundertaken along with the beautiful outlook. The property benefits from expansive driveway parking within an attractive, landscaped garden which includes a modern outbuilding with annexed, ensuite accommodation adjoining a garage/utility room. The cottage itself comprises a well-designed kitchen, cosy living room, master bedroom and a bathroom. Externally, as well as theannexe, there is a sizeable garden shed and two separate log stores. The property offers rural living within a conservation area and a wonderful balance of modern living alongside periodcharacterwith excellent energy efficiency aided by modernsolar panels.
The property can be found at the start of Church Lane, just a few metres from the Crown Inn withinthe village of Cholderton, which itself lies on the eastern edge of Salisbury Plain. Grateleys mainline railway station is less than three miles away and offers rail access to Londons Waterloo Station in just over an hour whilst the A303 is just two miles to the north of the village. Cholderton has a number of nearby attractions including, within the village itself, a rare breeds farm, boutique vineyard and afarm shop with a caf.The village lies just ten miles north-east of the City of Salisbury with the world-famous Stonehenge eight miles to the west.
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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