5 bedroom detached for sale

£950,000

5

Bedrooms

2

Bathrooms

Floorplan

Teme Cottage is a unique property with huge scope to develop the outbuildings with a number of options available to prospective buyers. The property sits on a plot of about an acre, in a secluded semi-rural location in the village of Leigh, which is accessible to Malvern and Worcester. The main house is a well proportioned detached family home, with hallway, sitting room, dining room, snug sitting room, large kitchen dining room, utility room, wc, five bedroom, master with an en-suite shower room, bedroom two with a dressing room, as well as a family bathroom. There is a detached double garage, with an independently accessed large loft room, that has potential as accommodation or home office. In addition is a further detached single storey building, built as workspace, but has huge potential as a bungalow annex, subject to appropriate permissions. This out building comprises of four rooms, with power connected, also could be utilised as a workspace for businesses. Set in delightful gardens, laid to lawn, with a large timber summer house, gated driveway and rural peace and privacy, this property offers lots of scope as a package of multigenerational living, or running a business from home. With no onward chain, this is an opportunity not to be missed.

Accommodation - Main House -

Entrance Hall - Wooden front door, side facing uPVC window, radiator, slate tile floor, spot lighting, stained glass internal door to:

Inner Hall - Side facing uPVC window, spot lighting, slate tiles continue, double doors.

Breakfast Kitchen - 5.72m x 5.03m (189' x 166') - Three aspect uPVC windows overlooks the gardens, side facing uPVC door. Range of wooden eye and base level units, wood effect worktops and granite worktops, gas range cooker, built-in dishwasher, space for fridge freezer, slate tile floor, wine cooler, spot lighting, radiator, display cabinets.

Inner Hallway - Rear facing uPVC door, ceiling beams, continued slate floor, radiator, door to:

Wc - Rear facing obscure uPVC window, low level WC, fitted furniture with inset sink, radiator, tiled walls.

Utility - 2.76m x 3.62m (90' x 1110') - Side facing uPVC window, range of low level units, wood effect work top, space and plumbing for washing machine and other appliances, floor mounted LPG gas boiler, spot lighting.

Dining Room - 4.69m x 3.82 (154' x 126') - Front facing uPVC window, radiator, oak floor, stairs to first floor, ceiling beam, double doors to:

Snug - 3.62m x 3.62m (1110' x 1110') - Front facing uPVC window, side facing porthole window, log burner effect gas fire and wooden mantle surround, oak floor, radiator, television point.

Sitting Room - 6.46m x 5.13m (212' x 169') - Multi aspect with front and side facing uPVC windows, large rear facing windows and door with fitted shutters, cast iron log burner with brick built surround, exposed beams, oak floor, television point, broadband point.

First Floor - Landing - Wooden spindle banister, loft access, spot lighting, airing cupboard, split level with step up to:

Bedroom One - 4.17m x 5.13m (138' x 169') - Dual aspect front and side facing uPVC window, radiator, television, Cat 5 points, spot lighting, large walk-in cupboard, door to:

En Suite - 2.21m x 4.03m (73' x 132') - Rear facing uPVC window, double shower cubicle, low level WC, wash basin, storage, radiator, tiled walls, extractor fan and spot lighting.

Bedroom Two - 4.67m x 5.03m (153' x 166') - Side and rear facing uPVC windows, two radiators, Cat 5 network point, spot lighting.

Dressing Room/Study - 3.03m x 5.03m (911' x 166') - Side facing uPVC window, three built-in double wardrobes, spot lighting, loft access, radiator, door to:

Bedroom Three - 3.62m x 3.60m (1110' x 119') - Front facing uPVC window, radiator, telephone, television and cat 5 points, ceiling fan.

Bedroom Four - 2.62m x 3.63m (87' x 1110') - Front facing uPVC window, radiator, television and cat 5 points.

Bedroom Five - 2.76m x 2.45m (90' x 80') - Side facing uPVC window, radiator, cat 5 point.

Bathroom - 1.67m x 3.83m (55' x 126') - Rear facing uPVC window, p shaped bath and rainfall shower over, low level WC, wash basin, heated towel rail and radiator, storage, tiled walls, spot lighting and extractor fan.

Outside -

Gardens - With a gated driveway, that provides off road parking for several vehicles. The block paving extend to the rear of the property and provides a large private and sunny rear terrace patio seating area. Gardens further extend to just under an acre, enclosed by timber fencing, laid to flat lawns with conifer and laurel hedging and trees. Large timber summerhouse with power and light and water connection close by.

Garage - 6.61m x 6.58m (218' x 217') - Detached double garage with twin double wooden doors, power and light.

Loft Room - 6.61m x 6.58m (218' x 217') - Two rear facing Velux window, power and light - potential office or accommodation. small side room has potential to use as a bathroom/ensuite.

Outbuilding/Annex - Detached large single storey building, built as a store and warehouse, with future development in mind, ideal set up to convert to office space or a bungalow annex. Comprising of 4 rooms, with an entrance hall area - power and light in all rooms and double glazed windows to three aspects.

Room One - 7.50 x 6.15m (247' x 202') -

Room Two - 2.90 x 5.75 (96' x 1810') -

Room Three - 4.22m x 5.75m (1310' x 1810') -

Room Four - 3.67m x 4.48m (120' x 148') -

Room Five / Store - 4.08m x 1.95m (134' x 64') -

Directions - From Worcester take the A4103 to Hereford. In Bransford there is a roundabout by the Bank House Hotel, turn right signed to Leigh and Suckley. In
Leigh continue past the church, over the bridge and up the hill. Turn right at the grass triangle into Dingle Lane, follow the lane for a short distance and take the right turn onto Teme Lane. The property will be found after about 400 yards and the gate for Teme Cottage will be on the left hand side, indicated by the For Sale sign.

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Alfrick 2 miles
Great Malvern 5.5 miles
Worcester 5 miles
M5 (J7) 8.5 miles

Additional Information - Tenure: We understand the property to be Freehold but this point should be confirmed by your solicitor.
Fixtures and Fitting :Only those items referred to in these particulars are included in the sale price.
Services: LPG fired central heating, electricity and water are connected. Drainage is via a private, modern septic tank. Please note that we have not tested any services or appliances and their inclusion in these particulars should not be taken as a warranty.
Outgoing: Local Council: Malvern Hills District Council on at the time of marketing the Council Tax Band is: G
EPC Rating - Current: F32 Potential: D68

Asking Price - 950,000 -



Features
  • Freehold

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

£ 775200

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
    £ 23750
  • 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

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£

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

£ 62700
  • 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)
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  • Letting Fee
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  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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  • Final Equity Profit
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    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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Final Property Value

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