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£550,000
Bedrooms
Bathrooms
RARE INVESTMENT OPPORTUNITY: 18th CenturyGrade II listed cottage with self-contained studio apartment
This exceptional property offers something genuinely unique: a beautifully characterful 3-bedroom period cottage PLUS a self-contained studio apartment with its own entrance, all on a single title deed overlooking Hackbridges picturesque village green.
THE MAIN HOUSE
Step into history in this heavily-beamed Grade II listed cottage where exposed timbers, period features, and an open fireplace create instant character. The ground floor offers two reception rooms with original features, fitted kitchen, and family bathroom. Upstairs: a generous double bedroom, second double bedroom, plus singlebox room (perfect study/nursery).
There isan exceptionally large private garden - approximately twice the width of neighbouring properties - offering rare outdoor space for a period terrace.
Development potential: Neighbouring listedproperties have successfully extended over their ground floor bathrooms to create larger third bedrooms or relocate bathrooms upstairs - subject to the usual consents, theres clear precedent for similar improvements and added value here.
THE STUDIO APARTMENT
Originally the manor house laundry, this extended building has been transformed into a versatile self-contained space with great rental potential. With its own private entrance separate from the main house, the studio features an open-plan living/sleeping area and kitchen/dining space with characterful exposed brick walls and timber beams creating a rustic yet modern feel. A shower room provides essential facilities, while a broad wooden ladder provides access to a mezzanine level offering versatile storage space with restricted head height. Outside, a private patio area offers a pleasant outdoor spot.
THE OPPORTUNITY
Whether youre looking to house extended family, generate rental income, have a separate workspaceor simply enjoy a piece of living history, this property offers flexibility thats almost impossible to find in todays market.
Viewing highly recommended to appreciate the unique layout and possibilities.
EPC rating: E. Tenure: Freehold,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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