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£375,000 Offers in excess of
Bedrooms
Bathrooms
Surrounded by farmland and beautiful, uninterrupted views of the countryside as far at the eye can see, is this stunning Victorian farmers character cottage.Located on the fringes of the very desirable Rutland village of Thistleton, this cottage has so much to offer. Its enviable rural location, large well-maintained, established rear garden with an assortment of fruit trees, and its charming interior with original features are just a few of the attributes that this property provides.In the rear garden is the Old Wash House which is an original brick building with a vaulted ceiling, a log burner and electricity. The owner currently uses this outbuilding as a workshop. However, it could have multiple uses and due to its proximity to the cottage, it could potentially be attached to the main property by way of an extension to create even more living space.The current owners have added an impressive conservatory which has a Cosy Roof. This is an in insulated roof which is noise resistant on rainy days, it keeps the conservatory warm during the cold months, and prevents it being warm in the summer, so you can enjoy this additional space all year round.On the ground floor, the lounge has a log burner with an art deco surround and exposed, original wooden floor. The country style kitchen/breakfast room and pantry are in keeping with the cottage. There is also a shower room with hand basin, toilet and underfloor heating.Upstairs are three good size bedrooms, all with fantastic view. The landing provides access to the large loft, which has the potential to convert/extend if required. Thistleton has easy access to the A1, and is close to many market towns including Stamford, Oakham and Grantham. Grantham train station is only 10 miles from the village, making it perfect for commuters who can regularly travel to London Kings Cross in just over an hour. There are also may train services available from Grantham to numerous city destinations.If becoming the Custodian of this character cottage interests you, please contact us to arrange a viewing on .
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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