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£499,000
Bedrooms
Bathrooms
Beautifully presented detached former farmhouse set in a rural location with open field views. The property sits on a large plot ideal for equestrian, smallholding or livestock purposes. Externally there is ample off road parking for a wide range of vehicles and a fully enclosed rear garden. Recently improved accommodation offers a combination of double glazed windows and UPVC glazing as well as oil central heating. Comprising Entrance Hall, Kitchen with open plan Dining Area, Study, Two Reception Rooms, Four Bedrooms, Two Ensuite Shower Rooms and a Family Bathroom. NO ONWARD CHAIN
Side Entrance Hall
Part glazed wood door with tiled floor, radiator, under stairs cupboard. Stairs to first floor;
Kitchen Area 11 3' x 115' min (3.44m x 3.49m)
Comprising of an extensive range of wall and base units with wooden worktops which incorporates a breakfast bar. Ceramic one and a half bowl sink, tiled splashbacks, Electric range style cooker, extractor hood over, fridge and dishwasher, Ceiling spot lights. Opening to dining area.
Dining Area 20 6' x 8 9' max (6.26m x 2.69m)
Windows to rear, sliding patio doors giving access to rear garden. Radiator, tiled floor and ceiling spot lights.
Utility
Timber stable door to garden, floor standing oil boiler, rolled edge worktop with space and plumbing for washing machine, space for tumble dryer, extractor fan, tiled floor.
Cloakroom
Low level WC, vanity unit with tiled splashback. Radiator, window to side, tiled floor.
Study 9 4' x 120' (2.86m x 3.66m)
Sash windows to front and side, radiator.
Lounge 159' x 120' (4.82m x 3.67m)
Two sash windows to front, radiator. Opening to;
Living Room 185' x 185' (5.62m x 5.62m)
UPVC double glazed windows to front, two radiators, UPVC double glazed patio door to rear garden.
First Floor Landing
Stairs from entrance hall, two sash windows to rear, loft access. Doors to;
Bedroom One 118' x 12 1' min (3.58m x 3.68m)
Sash windows to front, radiator, ceiling spot lights, door to;
Ensuite
Shower cubicle, wash hand basin and low level WC, heated towel rail, fully tiled walls, tiled floor.
Bedroom Two: 106' x 115' (3.22m min x 3.50m)
UPVC double glazed window to front, radiator, ceiling spot lights, door to;
Ensuite Shower Room
UPVC double glazed window to front, heated towel rail, vanity unit with built in close coupled WC, shower cubicle with dual head mains shower
Bedroom Three 10 1' x 12 1' (3.08m x 3.70m)
Sash windows to front and side, radiator, ceiling spot lights.
Bedroom Four 156' x 69' (4.75m x 2.08m)
UPVC double glazed window to rear, radiator, ceiling spot lights and loft access.
Family Bathroom
P shaped bath with shower screen, vanity unit with built in close coupled WC. Heated towel rail, window to side, fully tiled walls, tiled floor and ceiling spot lights.
Outside
To the front of the property there is a substantial gravel driveway providing ample off road parking for a wide range of vehicles. The driveway extends to the left hand side of the property with a side gate leading to the rear garden. Fully enclosed by fencing, the rear garden is mainly laid to lawn. Within the garden there is a patio seating area, kennels and combination of timber and metal outbuildings.
EPC - D
Council Tax Band - C
Freehold
Oil Central Heating, Mains water and electricity
Agents Note: The property has a private drainage system.
Map location is not available for this property.
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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