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£450,000 Offers in excess of
Bedrooms
Bathrooms
GUIDE PRICE 450,000 to 475,000This charming home will certainly offer you the kind of lifestyle you have been dreaming of. With multiple spacious rooms, an abundance of outdoor entertaining space, located in a pretty village setting and oozing with so much character with many original features, it quite simply ticks every box! ACCOMMODATION On the ground floor are multiple reception rooms, including a fantastic lounge measuring 17 x 12 complete with beamed ceilings. There is also a large kitchen/dining room with bi-folding doors where, in the warmer months, you can open the whole space up onto the garden patio which extends the room into the grounds. Other rooms on this level include a separate snug/office, pantry, ground floor shower room and reception room, offering total versatility for all your family needs.Upstairs are four bedrooms plus a walk in storage room, all accessible by the spacious 2110' galleried landing overlooking the dining area. The master is very well proportioned with fitted eaves wardrobes. The newly fitted high specification bathroom is also located here, which in includes an over-sized oval bathtub.GARDENS AND GARAGE There is a large westerly facing garden which gets sunshine throughout the day. This is mainly laid to lawn and has an impressive patio area. The current owners have spent many a day and night here barbecuing and entertaining.Parking is never going to be an issue with a double driveway. There is also a garage measuring 1711' x 1011' which has power and light.The frontage has been recently landscaped with a newly laid lawn.VILLAGE LOCATION AND COUNTRYSIDE South Witham has a primary school, a Public House, two shops, a doctors surgery, a village hall hosting bi- weekly coffee mornings, monthly community Sunday lunches, exercise classes, and numerous organised events throughout the year such as the summer festival, the fireworks night and the Pensioners Christmas lunch to name a few. There is a sports field, a childrens play park and those looking for somewhere to enjoy country walks or bike ride, then this village will be ideal for you. South Witham, with its easy access to the A1, 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.Contact us today to book your viewing.
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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