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£600,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE 600,000 - 635,000. This beautifully preserved Grade II Listed home is set among Farehams cherished conservation area. Immaculately presented throughout, it offers warm, welcoming interiors rich in period features, alongside spacious, well-appointed accommodation.
This rare property has been cherished by its current owners for over two decades, during which time they were honoured with a Restoration Award by The Fareham Society in recognition of their respectful restoration of this extraordinary home. From the moment you step inside, this unique residence radiates character and period charm, thoughtfully preserved across its four bedrooms and three reception rooms. The Sitting Room is generously proportioned and gracefully appointed, centred around a striking brick inglenook fireplace complete with bread oven. The adjacent dining room showcases expertly restored wide-plank flooring and a delightful bay window with built-in bench seating, complemented by a handsome brick fireplace with marble surround. The farmhouse-style kitchen is fitted with bespoke cabinetry and a central island. A cream gas Aga, additional appliances and a traditional terracotta quarry-tiled floor complete this inviting space. A further reception room, once the old parlour and now used as a study and music room, opens onto the charming garden via French doors. The ground floor also benefits from a cloakroom, while a spacious utility room is housed in the original basement. Upstairs is equally impressive, offering three generously sized double bedrooms, each with its own distinctive cast iron fireplace and a fourth bedroom, all arranged across two levels. Two tastefully appointed bathrooms complete the accommodation, one featuring a luxurious roll-top bath and a separate shower. There is also a wall painting which is dated as 1620 in one of the bedrooms.
The rear garden, has an initial courtyard garden which is partly enclosed by walls, with gravel, brick and flint paths leading to various seating areas. There is an old brick summerhouse, two former outdoor privies now used as potting sheds, and a historic brick outbuilding currently used by my client as a workshop. At the back of the courtyard, there is a lawn area and a gate that leads to the parking spaces.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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