4 bedroom detached for sale

£450,000 OIRO

4

Bedrooms

2

Bathrooms

3

Reception

Floorplan

A beautifully restored Edwardian property that has been taken back to brick and renovated by the current owners who have put heart and soul into the restoration, quite literally. There is a formal living room, boasting restored "Herring bone" flooring (which flows from the hallway throughout the whole of the original house), with an open fire, bay window to front and further window to side. A family that is keen on art and music, the hub of the house is a 28ft extended kitchen/dining room with a cosy snug/music room semi-open to it, with a wood burning stove, lovingly restored "Herring bone" flooring and door to the garden. The kitchen area offers a range of rustic "Shaker" style units to eye and base level as well as a breakfast bar and sliding doors to the garden which allow natural light to flood the room, even in the winter months. The glazing throughout is period in style, but finished in wood effect durable materials and double glazed to modern standards whilst retaining the "Monkey tail" latches that the original windows would have had. With modern electrics and heating, this property retains period charm and original features, whilst suiting a modern, energy conscious lifestyle. The first floor offers three well proportioned bedrooms, two with period fireplaces, and a bathroom. The second floor offers the perfect teenage hide-away or hobby space with a double bedroom and gaming room/office area. This floor offers storage into the eaves and is a great space to escape the business of family life and chill out/study. The garden offers a great blend of practicality and relaxation space with two paved areas, to catch the morning and afternoon sun. There is also a cabin with power and light connected that would make a great studio/office or chill out space. The garden is sunny with mature evergreen and deciduous trees offering privacy.

The Property
A beautifully restored Edwardian property that has been taken back to brick and renovated by the current owners who have put heart and soul into the restoration, quite literally. There is a formal living room, boasting restored "Herring bone" flooring (which flows from the hallway throughout the whole of the original house), with an open fire, bay window to front and further window to side. A family that is keen on art and music, the hub of the house is a 28ft extended kitchen/dining room with a cosy snug/music room semi-open to it, with a wood burning stove, lovingly restored "Herring bone" flooring and door to the garden. The kitchen area offers a range of rustic "Shaker" style units to eye and base level as well as a breakfast bar and sliding doors to the garden which allow natural light to flood the room, even in the winter months. The glazing throughout is period in style, but finished in wood effect durable materials and double glazed to modern standards whilst retaining the "Monkey tail" latches that the original windows would have had. With modern electrics and heating, this property retains period charm and original features, whilst suiting a modern, energy conscious lifestyle. The first floor offers three well proportioned bedrooms, two with period fireplaces, and a bathroom. The second floor offers the perfect teenage hide-away or hobby space with a double bedroom and gaming room/office area. This floor offers storage into the eaves and is a great space to escape the business of family life and chill out/study. The garden offers a great blend of practicality and relaxation space with two paved areas, to catch the morning and afternoon sun. There is also a cabin with power and light connected that would make a great studio/office or chill out space. The garden is sunny with mature evergreen and deciduous trees offering privacy.
To the Front
The property sits in a tree lined Avenue just outside Bilton Village. With wrought iron railings the frontage offers parking for numerous vehicles and original front door with wrought iron furniture and stained glass detailing opening into;
Hall
With original feature window to side, under-stairs recess for cloaks, coats and shoes, picture rails and restored "Herringbone" flooring extending into;
Living Room
With restored "Herringbone" flooring, a bay window to front and window to side allowing this room to be both cozy yet light, with an open fire set in a cast iron surround, and timber mantle over.
Snug
With a wood-burning stove, coving to ceiling and restored "Herringbone" flooring, this room is a relaxing space being semi-open to the kitchen/dining room, and having a door to the garden. A perfect place to unwind or gather with friends before dining.
Extended Kitchen/dining room
Completing the family sized accommodation the dining area offers a comfortable space to entertain that is both open to the kitchen area and gives access to;
Shower Room
A modern shower, WC and sink offer convenience whilst wood panelling and mosaic tiling nod to the history of the house. With ceiling spotlights, extractor fan and storage.
Kitchen Area
A spacious "cooks" kitchen with "Butchers block" work-surfaces extending into a breakfast bar and rustic "Shaker style" units to eye ad base level. Subject to negotiation a "Smeg" range cooker offers a five ring gas hob and several ovens/warming trays. Theres space for a washing machine and dishwasher as well as provision for an "American style" Fridge/freezer. Various additional cupboards offer useful storage whilst a tiled floor provides a practical wipe clean surface. There are several windows to rear and wall lights to offer lighting by day and night, and sliding doors that lead to the patio area of the garden.
To the First Floor
The "Dog leg" stairs open onto the landing with an original window to side, exposed eave timbers and doors to;
Bedroom 1
A large double bedroom with bay window to front, picture rails, stripped floor-boards and a cast iron "Adams style" fireplace with integral ornate hearth and mantle.
Bedroom 2
A comfortable double bedroom that is currently seconded by a teenager, with window to rear, exposed eaves timbers and cast iron period fireplace.
Bathroom
With timber panelling, tiled flooring and white WC, hand basin and bath with mixer shower over. Period window to side and built in storage cupboards.
Bedroom 3
A double bedroom or large single room/office with window to side.
Second Floor
Stairs rise to the second floor (loft conversion) which has been two useful rooms since the 1990s.
Second Floor Rooms
With storage to eaves and skylights providing natural light, the second floor boasts a gaming room/office which could be a casual bedroom, with spotlights and window to front, and a double bedroom with dormer window to side.
To the Rear
The garden is accessible from the kitchen and snug, and offers a large patio leading to a work-shop/man-cave and a lawned area with a further patio to the rear of the garden which is both sunny and enjoys privacy afforded by mature trees and shrubs. Theres a log store, bike store/open storage area and a timber cabin with power and light connected which could be used as an entertaining room, office or studio. The garden offers a versatile family space for adults to relax in and children to play in.
About the Bilton Area
Bilton is located approximately 1.5 miles from Rugby Town Centre and nearby Rugby Railway Station with its commuter service to London Euston which takes just under 50 minutes. The village still retains lots of character including a village green which contains the remains of ancient stocks and a famous crocus bed. At Christmas the Bilton Silver Band will parade through the streets and play Christmas carols and songs for donations given by residents. This charming experience is all part of the village life, and Bilton offers that archetypal village lifestyle. There are two public houses, two supermarkets, a doctors surgery, chemist, butchers, sandwich shop/caterers, several takeaways and specialist cheese shop. Primary and junior schooling is available at Bilton Infant School and Bilton Junior School with further primary education at Crescent Independent School and Bilton Grange. Secondary schooling includes nearby Bilton School, Rugby High School for Girls, Lawrence Sheriff School for Boys as well as world famous Rugby School and Princethorpe College.
Rugby Area
Rugbys economy is mainly industrial and distribution. It is an engineering centre and has a long history of producing gas and steam turbines at the GEC and at the AEI. The AEI was earlier British Thomson-Houston or BTH. They used to dominate employment in the town. They are now amalgamated to form Alstom. Engineering in Rugby is still the most important sector. There are three new retail parks, Elliots Field which is leisure and fashion centric, Junction One which has a 9 screen cinema and several shops and fast food outlets. Technology Drive is mainly home stores and DIY based. Elliots Field has launched a second phase with more big names to compliment the existing retailers. There are many excellent schools In Rugby including grammar school (Lawrence Sherrif), Girls School, Ashlawn School (OFSTED Top Rated) and of course the world famous Rugby School where the modern game of Rugby was born.
Continued
Rugby is credited as the town that gave the inspiration for the modern Olympic Games, the invention of the laser, hologram and jet engine and enjoys a growing tourism economy as the council and other partners increase the promotion and marketing of the town which is the fastest growing in the West Midlands. London is only 54 minutes away by (non-stop) train, and the town is excellently positioned for the M1, M6 and A5 as well as the A45, A46 and DIRFT.
The Agent
Viewing is strictly by appointment via Cadman Homes. We are a local, family owned and run firm of estate and letting agents covering the Rugby, Lutterworth, and Leamington areas. If you are unsure of the value of your home, or simply havent chosen an agent to sell or let it, wed love to show you what we can do for you. For valuations, mortgages, conveyancers and more contact the local office. We specialise in character and village properties, as well as new build sites.


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

£ 373950

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
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    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 11250
  • 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.

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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.

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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

£ 36450
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  • Insurance
    £ 500
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