Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£715,000 Guide Price
Bedrooms
Bathrooms
Reception
Constructed in 1937, Warner Glen is a detached chalet style family home set in a superb location with grounds extending to approximately 1.50 acres bordered on two sides by open countryside and farmland. The property offers immense potential and presents a fantastic opportunity for potential buyers to update, improve and create a stunning home which already benefits from a fabulous location.
The property has been occupied by the present family since 1965 and has been maintained to a good standard with the only alteration to the original plan being the creation of a loft conversion in 1979 to create a fourth bedroom and attic room.
The ground floor accommodation is arranged off a central reception hall approached from a large open columned veranda. Off the hall is a generous sitting room with open fireplace, three double bedrooms, family bathroom, kitchen with an adjoining breakfast room and a double glazed boot room/porch. Double glazing has been installed and central heating is provided via an oil fired boiler to a water filled radiator system.
Warner Glen is set forward in its plot with a long hedge lined drive providing access from the Stockbridge Road. The grounds are extremely well maintained and extend to all four sides of the property with the largest proportion at the rear with outstanding far reaching views across open countryside and farmland. There are two large detached outbuildings; a substantial former pole barn which has been clad and enclosed to create a c.31x15 garage and there is also an additional detached building made up of two workshops/stores which, overall, extends to c.36x 12.
LOCATION: Lopcombe Corner is a rural settlement positioned almost centrally between the cathedral city of Salisbury and the Test Valley country town of Stockbridge, through which flows the River Test. Stockbridge itself is highly popular with tourists and offers a variety of facilities including art galleries, boutiques, and specialist food shops including fishmonger, butcher and greengrocer. There are also a number of tea rooms, restaurants, pubs and hotels offering local fayre. The cathedral city of Salisbury which lies some ten miles to the west of Lopcombe Corner offers a comprehensive range of educational, recreational, an shopping facilities together with a mainline railway station with connections to Londons Waterloo.
TENURE AND SERVICES: Tenure: Freehold. Local Authority: Wiltshire Council. Council Tax Band F : 3,261.24 for year 2024/25.
Mains electricity and water. Private Drainage with Sceptic Tank. Oil Heating. Fully double glazed.
DIRECTIONS: From Salisbury, proceed in a north easterly direction along the A30 towards Andover. At Lopcombe Corner turn right signposted Stockbridge., still following the A30. Follow the road over the brow of the hill and the property will be found on the right hand side identified by the Baxters For Sale sign
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
