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£950,000 Guide Price
Bedrooms
Bathrooms
An exquisite converted watermill with a self-contained flat and extensive accommodation extending to approx. 4906 sq ft. Wonderful setting with panoramic views across marshes to Butley Creek.
GROUND FLOOR: ENTRANCE HALL | KITCHEN/DINER/LIVING AREA SITTING ROOM | STORE/WORKSHOP | WC | UTILITY ROOM
FIRST FLOOR: FLAT WITH KITCHEN/DINER/LIVING AREA BEDROOM BATHROOM AND CLOAKROOM | GUEST BEDROOM WITH EN SUITE SHOWER ROOM | TWO FURTHER BEDROOMS | BATHROOM | UTILITY AREA | WC
SECOND FLOOR: PRINCIPAL BEDROOM WITH DRESSING AREA AND SHOWER ROOM | STAIRS TO THIRD-FLOOR STUDY | BEDROOM WITH LIVING/DRESSING AREA AND BATHROOM
OUTSIDE: DECKED TERRACE AND SMALL AREA OF GARDEN | SHEPHERDS HUT | TWO PARKING SPACES ADJACENT TO THE MILL GARDEN STORE | FURTHER PARKING AREA WITH PLANNING PERMISSION FOR TRIPLE CAR PORT | DETACHED STORAGE SHED
Situated in glorious countryside between Butley and Chillesford Butley Mill is a magnificent converted watermill, constructed in the mid-1800s of brick elevations under a pantile roof. On the market as a residential dwelling for the first time, the property has been sympathetically renovated by the current owners. The stunning living accommodation seamlessly blends the historic character of the building with modern comfort. Many of the rooms have fabulous far-reaching views over the marshes towards Butley Creek and across the millpond to the rear.
The interior is beautifully presented and retains plenty of the original character including structural timbers, two lucams with hoists and exposed brickwork. The superb kitchen/diner features a fully fitted kitchen with a range of cupboards and drawer units, composite quartz worktop with inset double Belfast sink, electric Aga and island unit. There is ample entertaining space. This leads to the sitting room, with a wood burner and overlooking the picturesque mill pond with French doors opening to the decking terrace.
On the other side of the hall is the former millrace and milling room, now a large store room/workshop with a side entrance, gardeners WC and utility room with built in cupboards, sink and plumbing for washing machine and tumble dryer. A wide bespoke oak staircase rises via a half landing to the first-floor. One half of the first-floor is a self-contained flat, accessed via an external staircase. This comprises a living area with fitted kitchen, sleeping area and bathroom. The flat has been successfully let out as a holiday let, generating useful income. Across the landing is an inner landing with utility area leading to a guest bedroom with en suite and two further bedrooms a bathroom and cloakroom. All of the bath and shower rooms are tiled in Travertine and fitted with smart white sanitary ware and modern fittings.
On the second-floor is the main bedroom suite with a spacious bedroom, dressing area fitted with a range of wardrobes, and an en suite shower room tiled in Travertine with a walk-in shower, double basins, WC and heated towel rail. Stairs lead up to the third-floor lucam, now used as a study/lookout with stunning views towards Butley Creek. There is a further bedroom suite with a spacious living/dressing area and bathroom. Boarded loft with access ladder.
Outside
Doors open from the sitting room to a spacious decked terrace, ideal for entertaining and outdoor dining with a small area of garden along the bank of the mill pond. There is a further area of garden on the eastern side of the property with a Shepherds Hut. On the western side of the property is a parking space which provides access to the flat, workshop and garden store.
Across the road is a further parking area which has space for several vehicles and boars. There is planning permission for a timber framed triple car port, with the hard standing already completed. There is a further detached timber framed outbuilding with power and light connected. No fishing, sporting or potential energy generation rights exist.
General information
Mains electricity. Mains water supplied via a private pipeline from Chillesford supplying two other properties.
Private drainage to shared treatment plant.
Zoned underfloor electric heating and electric panel radiators.
Council Tax: East Suffolk Band G.
Ofcom states Superfast broadband is available
Ofcom states mobile signal is likely
EPC: Butley Mill E. Flat - D
What3words: throats.crawler.landlords
Location
BUTLEY is situated in the sandlings area of Suffolk on the Heritage coastline, in an Area of Outstanding Natural Beauty. Butley Mill is situated close to Butley and Chillesford, which both have public houses, The Oysterage and The Froize Inn. Nearby Orford has an historic castle, village store, The Pump Street Bakery, two pubs, The Butley Orford Oysterage and the Crown & Castle Hotel. There is also excellent sailing accessible from the quayside to both the rivers Alde and Ore. The historic riverside town of Woodbridge is approximately 8 miles to the west and has excellent amenities including a theatre, cinema, leisure centre, independent and state schools and a railway station providing branch line service to London Liverpool Street. There is also a branch line station at Wickham Market and the famous Snape Maltings concert hall and retail outlet is a short drive away, as is Aldeburgh.
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.
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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.
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Final Equity Profit = Final Property Value - Mortgage Required - Investment
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