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£780,000 Guide Price
Bedrooms
Bathrooms
Reception
Located in the hugely popular Wiltshire village of Pitton is Orchard Hill, a substantial four-bedroom detached family home set within a mature garden plot of about a third of an acre adjoining open countryside and farmland.
With almost 2,200 square feet of internal accommodation and a further 300 square feet of integral garage and storage space, the property offers excellent, well planned living space a particular feature of which is a superb shaker style kitchen/breakfast room with an adjoining open plan family room and a large utility room. In addition, the ground floor offers a large welcoming reception hall, sitting room with log burner, dining room, study, fourth bedroom, shower room and a professionally installed sauna.
Off the first floor landing you will find three double bedrooms and a generous family bathroom. Orchard Hill is fully double glazed and centrally heated via an oil-fired boiler to radiators.
Clearly deceptive in appearance, Orchard Hill offers excellent, well planned family accommodation however, we would also refer potential buyers to the area shaded yellow on the floor plan which we would suggest could readily convert in to a self-contained annexe perhaps providing separate living area for a dependant, a useful work from home space or a generous granny flat.
To the front is a private drive with parking for several vehicles and access to an integral double garage with two up and over doors and an internal door to the utility room. The garden extends to three sides of the property with numerous mature shrubs, trees and a large area of lawn. Across the rear of the property is a south facing patio/terrace with access off the sitting room and kitchen. There is also a large timber (former single garage) garden store and concealed oil storage tank.
TENURE AND SERVICES: Tenure: Freehold. Local Authority: Wiltshire Council. Council Tax Band E : 2,701.27 for year 2024/25. Mains electricity, water and drainage. Oil Central Heating. Fully double glazed.
LOCATION: The village of Pitton forms part of the Pitton and Farley Parish which lies some 5 miles to the east of the cathedral city of Salisbury. Surrounded by rolling countryside, the village itself offers a range of facilities including a general store and Post Office, a thriving village hall, sports fields and tennis courts and a well regarded local Inn, The Silver Plough. The village church, St Peter, in its original form predates Salisbury Cathedral, although most of the current structure dates from around 1860. The award winning Pitton Church of England Voluntary Aided Primary School is just off the village centre, is hugely popular and extremely well regarded. Neighbouring communities include the villages of Farley, The Winterslows, Tytherley and Firsdown. Salisbury offers a more comprehensive range of recreational and cultural amenities, shopping facilities, a twice weekly market and schooling, both state and private, including 2 grammar schools and colleges of further education. Salisbury has a mainline railway station, also stopping at Grateley, serving London, Waterloo and the West Country. Although a rural environment, access to the M3 and M25 is easily obtained via the A303 to the north east and to Southampton via the A36/M27 to the south.
DIRECTIONS: From Salisbury proceed in a north easterly direction along the A30. Continue for approximately 2 miles turning right on the crest of the hill signposted Pitton. Continue to follow the road into the village and Orchard Hill is the second property on the right hand side, clearly identified by the BAXTERS For Sale board.
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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