5 bedroom farm house for sale

£1,500,000 Guide Price

5

Bedrooms

2

Bathrooms

Floorplan

Standlake is a desirable village surrounded by countryside yet just a short drive to the bustling town of Witney. Weavings Farm is a superb farmhouse offering over 3,000 sq ft of living space, equestrian facilities and eight acres of private grounds. The property was built in 1764 but is not listed and the characterful living accommodation includes a welcoming reception hall with oak flooring, dining room, reception room, and a generous sitting room with stone fireplace; a wonderful space for the family to relax. The superb ?farmhouse? kitchen is the hub of this home with its extensive range of shaker style units, granite worktops, all set around a central island; a superb family entertaining space. The utility/boot room plus cloakroom complete the generous ground floor. Five double bedrooms and two large bathrooms sit on the first floor.

Externally, the delightful front and rear gardens afford a good degree of privacy with a useful detached, home office to the rear. The gated driveway leads to ample parking plus turning area and this in turn leads to the equestrian facility and buildings. The buildings consist of five stables, barn, tack room and store with a workshop behind that can be converted to a further three stables if required. The paddocks lie immediately to the north of the property, sub-divided into separate paddocks with mains fed water troughs. There are also stables and field shelters in the field. The hot tub and pool are included in the sale.

NB: The property is freehold and has mains electric, water and drainage connected. Central heating is oil to radiators. Council Tax band G with West Oxfordshire District Council. The property has not flooded in the last 5 years.

Standlake is a thriving community with a range of amenities including a parish church, public house, a post office, a primary school and a village hall. It is well situated for Oxford, Abingdon, Witney and Swindon, and is very accessible for London and Oxford via the A420/A40 to the M40/M4. Daily shopping requirements can be found in the nearby market town of Witney (5 miles), as well as the University City of Oxford (13 miles). A regular bus service runs to Witney and Abingdon. There is also good access to the wide range of excellent schools in Oxford, Witney and Abingdon. Didcot mainline station can be accessed via the A415 and the A34 with a regular service to London (Paddington). Alternatively Oxford station offers an option for London Paddington or London Marylebone or Oxford Parkway also with a direct route into London Marylebone.


EPC Rating: E

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

£
£
£
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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
    £

    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.

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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.

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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