4 bedroom detached for sale

£750,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

Nicely positioned on the edge of the thriving village of Black Bourton this attractive, 18c stone built property sits under a Stonesfield slate roof and offers an abundance of characterful features throughout with delightful garden, including water features, fields beyond and ample two car garaging. The village is within easy reach of the Cotswold town of Burford and the bustling market town of Bampton with its array of eateries, shops and recreational amenities.

The spacious accommodation is set across two floors and includes a superb kitchen/breakfast room with a wide range of units, Sandyford Rayburn stove, and door to the garden. The dual aspect dining room offers plenty of space for family meals with a lovely outlook across the garden. A spacious sitting room with stone fireplace and wood burning stove sets the scene for the family to relax.A large utility room with shower room, separate WC, and walk-in pantry complete this superb ground space. Timber doors, exposed beams, and stonework are just a few of the period features this wonderful family home has to offer.

To the first floor there are four generous sized bedrooms well served by the stylish bathroom refitted in 2021.

Externally, the delightful south facing garden is mainly to the front and planted with a host of mature plants, trees and lawn. The patio area is a wonderful spot for some alfresco entertaining and the whole affords good privacy with stone walls and a yew hedge. A useful outbuilding and two-car garage are further attributes. A charming period home offering the opportunity to enjoy village living at its very best.

Black Bourton is a small village about eight miles to the south west of Witney. It has a 12th century Norman Church which serves as an active community facility and home to many village events, vis Film and gardening clubs, coffee mornings, and concerts. The Vines public house, a recreational park with tennis court and village hall shared with the neighbouring village of Alvescot. The larger village of Bampton is less than 5 minutes away and has a good range shops and other amenities including a medical practice. Primary and secondary schools nearby include; Alvescot, Bampton and Clanfield primary schools whilst secondary schools include Burford School and Cokethorpe School near Witney.There is also Hatherop Castle and St Hughs towards Faringdon.

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

£ 621450

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
    £ 18750
  • 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

£ 58950
  • 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.

£

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

£
  • 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

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  %

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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