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£750,000 Guide Price
Bedrooms
Bathrooms
Reception
The Barns is a fabulous development of only three detached dwellings under construction by Rivendale Developments. All three properties, Meadow Barn, The Hayloft and Dove Barn are unique in both design and appearance and, will all be finished to the same exacting standards.
The Barns is located on the very edge of Winterslow along Back Drove within a lovely semi rural setting.
The Barns is presently under construction and will be completed to the highest standard by Rivendale Developments.
The specification for each of the properties will include:
High end kitchen with quality fittings
NEFF/Bosch appliances including induction hob with extractor, double oven, fridge/freezer, dishwasher (or similar)
Wine Cooler (Meadow Barn & The Hayloft)
Luxuriously appointed bathrooms with Roca sanitary ware, taps and showers. Heated towel rails and vanity units
Underfloor heating (ground floor) with radiators to first floor (Meadow Barn & The Hayloft) - Air Source Heat Pump
Flooring - carpets & LVT flooring, with tiled bathrooms
Oak veneer internal doors with quality fittings
Mains electricity, water and drainage
TENURE AND SERVICES: Tenure: Freehold. Local Authority: Wiltshire Council. Council Tax Band - to be assessed. All mains services connected. Mains Electricity, Water and Drainage. Fully double glazed.
LOCATION: Winterslow, a sought after location to the north east of Salisbury, offers a range of facilities including a thriving village stores/post office, a popular country inn, a highly regarded primary school and pre-school group. Other amenities include a doctors surgery, modern village hall and two recreation grounds and there are many walks in the surrounding Wiltshire countryside. The cathedral city of Salisbury offers a more comprehensive range of recreational amenities, shopping facilities including a market each Tuesday and Saturday and a wide range of schooling, both state and private including two grammar schools and a college 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 the city of Salisbury proceed in a north easterly direction along the A30 London Road in the direction of Andover. After approximately 3.5 miles turn right into Firs Road just before Salt Delicatessen, signposted Firsdown. Proceed down the hill through Firsdown, straight over the crossroads and up the hill towards Winterslow. On the crest of the hill, turn right, signposted Back Drove, and park in the church car park. The site is located further down on The Drove.
what3words: ///prospers.means.harmony
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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