4 bedroom equestrian for sale

£425,000 Offers in excess of

4

Bedrooms

Are you looking for peace, space and views? If yes then this property is for you.... sat on an acre plot sts this property offers space inside and out.

With a stained glass entrance door leading in to the great size entrance hall take your pick of entertaining family and guests in the 25ft kitchen diner, or snuggle up on the sofa in front of the open fire in the lounge. Also with the flexibility of having a bedroom and shower room on the ground floor the stairs will not be an issue for anyone.

As you make your way upstairs to the great size bedrooms two with feature fire places and all with lovely views to the front and rear you realise how nice and private this setting is.

If that isn't enough then take a look out side with its double garage and two work shop spaces its perfect for all hobbies or businesses, not forgetting the peaceful garden laid to lawn the options are endless on what could be done with this space.

Dont believe me come and have a look....01945 588111 contact us now!

Located on the outskirts of Newton this property has a picturesque setting with the reservoir located to the front and the river bank to the far side, it is ideal for anyone who enjoys country walks.

For local amenities you are only a short drive from Wisbech which offers a range of shops and supermarkets. For anyone wanting to play golf go to the gym or take part in exercise classes, the Tydd St Giles golf and leisure club is only a couple of miles from the property.

For navigational purposes please use PE13 5HA

Entrance Hall

13 9 x 10 6 (4.21m x 3.23m) Entrance door with stained glass panel and stain glass panels to either side. Hard wood Oak flooring. Stairs to first floor. Doors off leading to -

Lounge

24 0 x 11 11 (7.34m x 3.65m) Hard wood oak flooring. Open fire with stone surround and mantle. Wall units providing display units with inset lighting and draw and cupboard space. Two UPVC bay windows to front. Television point. Two radiators.

Utility/ Shower Room

8 1 x 10 10 (2.49m x 3.32m) Hard wood Oak flooring. Double shower cubicle housing power shower. Wash hand basing and w.c inset to vanity. Ceramic sink with mixer tap inset to work top. Floor to ceiling mounted units. UPVC window to side. Two heated towel rails. Tiled splash backs. Plumbing and space for washing machine and dryer. Extractor.

Kitchen Diner

25 8 x 12 9 (7.83m x 3.89m) Tiled flooring. A range of Oak wall, base and display units with granite work top over. Mercury Range dual fuel oven with extractor hood over. American fridge freezer. Integrated dishwasher. Twin bowl sink with mixer tap over. Window to either side. Oil fired boiler set within unit. Under floor heating.

Conservatory

12 8 x 10 6 (3.89m x 3.22m) UPVC and brick construction. Tiled flooring. Under floor heating. French doors to side. Television point.

Bedroom Four/ Study

9 7 x 10 10 (2.94m x 3.33m) Window to side. Television point. Fitted wardrobes.

First Floor Landing

Doors off to all rooms on the first floor.

Bedroom One

12 4 x 13 4 (3.78m x 4.08m) UPVC window to front over looking the reservoir. Television point. Decorative fire place with surround and mantle. Radiator.

Bedroom Two

12 3 x 11 5 (3.76m x 3.49m) UPVC window to front overlooking the reservoir. Radiator. Decorative fire place. Television point.

Bedroom Three

13 4 x 7 5 (4.08m x 2.29m) UPVC window to rear overlooking the garden. Television point. Radiator.

Bathroom

8 0 x 11 2 (2.47m x 3.42m) Double shower unit housing power shower. Paneled bath. Pedestal wash hand basin. Low level w.c. Triple floor to ceiling storage units housing hot water tank, water pump, loft access as well as providing storage. Tiled walls and flooring. Spotlights. Heated towel rail.

Front Garden

Laid to block paving providing off road park to the front which leads to a five bar gate giving access to further block paved drive giving access to the double garage and work shop space.

Rear Garden

This 1 acre plots sts is laid to lawn with gravel borders along the drive way ideal for flower pots to give a splash of colour to the garden. The garden also benefits from a range of trees and bushes along with being enclosed by fencing.
The garden also benefits from being very private and has an out side tap and power point.

Double Garage

16 9 x 15 5 (5.13m x 4.71m) Two up and over doors. Light and power connected. Door way leading to wood store. Separate door to side giving access to coal store. Further door between garage and conservatory giving access to the side of the property where oil tank and gas bottles are located.

Work Shop One

14 1 x 18 6 (4.3m x 5.64m) Door to side. UPVC window to side. Light and power connected. Television point. Consumer unit.

Work Shop Two

18 10 x 13 7 (5.76m x 4.16m) Double entrance door. UPVC window to side and rear. Light and power connected. Walk in cupboard space 18ft by 4ft.

PLEASE NOTE

The property does benefit from solar panels which are owned and do generate and income between 800-900 per year. The vendor advises us that the current electric bill is approximately 15 per month.



Features
  • Freehold

Nearest Stations:

10.08 miles
Watlington
10.33 miles
March
11.19 miles
King's Lynn
11.48 miles
Downham Market
14.02 miles
Spalding

Map location is not available for this property.

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

£ 353325

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 10625
  • 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

£ 34575
  • 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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Notes

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