4 bedroom equestrian for sale

£1,400,000

4

Bedrooms

3

Bathrooms

2

Reception

Woodlands is a beautifully presented and well maintained detached home, located in a picturesque village and sitting on a plot of circa. 4 acres with equestrian facilities, grazing and gardens.Having been updated, extended and much improved throughout, this wonderful home offers spacious living areas and a stunning oak framed extension housing the beautiful, bespoke kitchen. Upstairs, the four double bedrooms all benefit from having a leafy outlook and two bedrooms benefit from having en-suites. The family bathroom has also been recently renovated to a high standard.Outside, the mature plot extends to approximately four acres of formal gardens, paddocks and equestrian facilities. The stable yard and mnage have been well maintained and there is plenty of space for trailers and lorries. The stable block is comprised of three stables and a tack room/ hay and feed store. The detached garage also has a kitchenette and WC attached - perfect for use in conjunction with the stables for tack and rug cleaning, and teas and coffees without having to go in the house!The remainder of the plot offers level grazing land with plumbed in water troughs and a field shelter. The fences and gates have been updated and upgraded, and the gateways have been laid to rubble to keep the mud at bay in the winter.Hargrave is a pretty village which offers a good local community and access to good road links. The surrounding countryside offers a wealth of footpaths and bridleways to explore, including access into the three shires way - perfect for a days hacking with plenty of pub stops on the way.Notes:-There is a footpath running diagonally through the rear two paddocks- The sewerage is held in a septic tank- Oil to radiator heating - Mains water and electricity connected

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

£ 1168950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

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
    £ 35000
  • 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

£ 118950
  • 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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