5 bedroom detached for sale

£1,950,000 Guide Price

5

Bedrooms

5

Bathrooms

Floorplan

An exceptional moated Grade II listed farmhouse with Suffolk Barn, leisure complex, stabling and paddocks. All in 5.3-acres. Situated in a rural setting yet just a few miles from Bury St Edmunds.


The Property (4,413ft2)
Situated in a rural setting on the fringes of this well-regarded village, Redcastle Farmhouse is an exceptional period house, being Grade II listed due to its historical relevance and architect interest and built of traditional timber-frame construction with lime-washed elevations under a clay peg-tiled roofline.

With the earliest part of the property dating back to the 16th-century, there are many notable original features together with later 17th and 19th-century alterations which have been complemented by further remodelling in the last 20 years by the present owners - as a result the whole property provides a cohesive and well-arranged family home with comfortable and well-proportioned accommodation extending to around 4,400ft2.

The living space is arranged over three floors, comprising a large entrance/reception hall with tiled and oak flooring with staircase rising to first floor, cloakroom, an elegant double aspect study with fireplace housing a gas stove, a sitting room which also enjoys a double aspect with attractive red-brick fireplace and doors to the dining room a superb formal room with exposed timbers and large inglenook with some original recycled Abbey stone and wood-burning stove, with secondary staircase to the first floor.

The kitchen has been beautifully fitted with a bespoke solid oak farmhouse kitchen being equipped with freestanding range cooker with extractor over, granite worktop and matching island with breakfast bar, tiled flooring and access down to the garden terrace, a wine cellar, utility room and cloakroom. Accessed from the kitchen is a family room with tiled floors, fitted storage cupboards, exposed chimney breast and access to a garden terrace. The modern oak-framed garden room enjoys an easterly aspect with ceiling fans and tiled floor.

On the first floor, is a large landing area, with the two front bedrooms forming part of the 19th-century front wing, with wonderful views over the grounds, generous ceiling heights and their own en suite bathrooms. The landing continues to the original timber-frame building, which forms the principal bedroom wing, with large double aspect dressing room/bedroom, leading to bedroom and bathroom, with exposed timbers, wide original floorboards, ball-and-claw bath separate shower cubicle, low level WC and pedestal wash basin. On the second floor is a landing with exposed chimney breast, with two double bedroom suites, exposed timbers and floorboards.

Outbuildings
Within the grounds of Redcastle Farmhouse are a number of buildings, providing versatile options for those looking for overflow accommodation, entertaining areas or workspace. The Pool House (764ft2) comprising an open-plan entertaining area with fitted kitchen, shower/changing facilities and sauna, boiler room and exterior staircase to a cinema/games room. The Suffolk Barn (1,873ft2) is a stunning original agricultural timber-frame barn, equipped with bar area and perfect for family weddings or entertaining space.

Outside
Redcastle Farmhouse is approached from the village lane via gates onto a long, sweeping gravelled drive, leading around to the extensive parking and double cart-lodge with adjoining workshop. There are gates giving access to the yard, with three stables and tack room, expanse of hard-standing leading to a fenced 60m x 20m menage. There are further post-and-rail paddocks to the west and north.

The formal gardens have been beautifully landscaped and designed, with a variety of rooms within the land, from a landscaped gravelled garden, active vegetable gardens, to clever planting around the moat. Within the grounds is a heating swimming pool, tennis court and charming 16th-century Grade II listed timber-framed rectangular dovecote.

Services
Mains water and electricity LPG-fired heating Private drainage via Klargester Treatment Plant Council Tax Band G Full fibre broadband connected Mobile: Ofcom suggest all providers likely.

Location
Redcastle Farmhouse whilst addressed as Great Barton, actually falls within the parish of Pakenham, a well-regarded and attractive Suffolk village with a thriving community, with its local amenities including stores/post office, village hall, parish church and best known for its two historic mills, a watermill and windmill.

The village also offers a toddler group, various events throughout the year and the local public house (The Fox), which serves real ales and food. Its also in the catchment of an Ofsted outstanding primary school.

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

£ 1659200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 48750
  • 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

Adjust these figures

£

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

£ 196700
  • 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)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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.

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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.

£

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
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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