4 bedroom coach house for sale

£1,500,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

GUIDE PRICE 1,500,000 - 1,600,000

'' Grade II Listed Coach House with Four Bedrooms, Two reception rooms, Study & conservatory ''

'' Detached One Bedroom Garden Guest Cottage ''

'' Detached Two Bedroom Studio Property In Its Own Private Garden ''

Bracketts are delighted to offer for sale this remarkable and unique Grade II listed property situated in the tranquil and beautiful grounds of historic Hadlow Castle with its magnificent Gothic Tower.Dating back to the 1830s, the Old Coach House is the former home of Bernard Hailstone, the celebrated portrait painter and war artist, and has been in his family since 1952.

The Main Coach House is approached through the main Castle entrance arch, with a driveway which sweeps through the grounds and leads into a stunning courtyard at the heart of the Castle development.The property currently comprises two dwellings - The Old Coach House, which is the main residency K748316, and The Studio which sits on a separate title K401963 and is currently generating a rental income.

COACH HOUSE -
The Old Coach House internal accommodation is arranged over three floors. The ground floor comprises of vaulted entrance hall, cloakroom WC / shower room, courtyard facing drawing room, study, kitchen / breakfast room, utility room, garden facing sitting room and large conservatory. The first floor has two double bedrooms, one with a small en suite), and a separate WC, with stairs leading to the second floor which has two further double bedrooms and family bathroom.The Old Coach House boasts its own extensive private garden, which is attractively laid to lawn with mature shrubs, trees and borders.

GUEST COTTAGE -
Situated within the Old Coach Houses garden is a detached single storey Guest Cottage with double bedroom, bathroom and living area, along with additional outbuildings. The garden provides access through to the landscaped communal Castle grounds, as well as a large garage and parking area for the sole use of The Old Coach House.

THE STUDIO-
The Studio is a separate detached single storey dwelling, situated in its own private walled garden which adjoins the Old Coach Houses garden. This dwelling currently comprises entrance hall kitchen / breakfast room, two bedrooms, family bathroom, separate cloakroom room/WC and a large sitting room with vaulted ceiling and log burning stove. The Studios garden is mainly laid to lawn with a fantastic view of Hadlow Tower. The Studio has a separate entrance and parking area.The Coach House and the Studio gardens are currently separated, but could be combined into a single gardenHadlow Castle is situated on the edge of Hadlow village.

Hadlow Castle is situated in the village of Hadlow and benefits from a good range of local services including a doctors surgery, dentist, school, chemist, post office, several shops, pubs, a charming tearoom, and Norman church. A more comprehensive range of educational, recreational and shopping facilities, together with main line station serving London Cannon Street/Charing Cross can be found at both Tonbridge and Sevenoaks.We recommend viewing at your earliest convenience.



Features
  • Freehold

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

£ 1256450

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
    £ 37500
  • 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

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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

£ 131450
  • Mortgage Interest
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    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)
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  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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.

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Total Profit

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

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