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£600,000 Offers in excess of
Bedrooms
Bathrooms
This impressive home is ideal for anyone looking for a good size property in the countryside.It is set on a large, elevated plot, with immediate unobstructed views over the farmland to front and has a wonderful secluded and well established rear garden with a view of the church style just beyond giving it a real village feel.Upstairs are four very well-proportioned bedrooms; all have a fantastic outlook and plenty of room for everyone to have a super king size bed! The master bedroom has it very own dressing room with fitted wardrobes and a light and airy five-piece bathroom suite comprising a double shower, his and her sinks and bidet. There is also a four-piece bathroom suite again with his and hers sinks. The landing feels light and airy with a great oversized feature window that once more has the breath-taking views.The ground floor really has more space than even the largest of families would require including a magnificent reception room with an Inglenook style fireplace and patio doors leading to the rear garden. The large dining room has ample of room for those family gatherings and also has patio doors that open into the rear garden. The well-equipped kitchen is open plan to a snug and there is also the study and ground floor cloakroom downstairs.There is an integral double garage which is perfect in its current use or could easily be converted to make extra living space.Parking will never be an issue as this place has it in abundance, with the wooden gates opening up onto a large shingle driveway and area of lawn.North 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. There are also may train services available from Grantham to numerous city destinations.Located on a quiet country lane in the heart of the village, close to the play park and thriving village hall with hosts a number of community events. The neighbouring villages of Colsterworth and South Witham are a couple of minutes away and have many amenities on hand.This rarely available and substantial property has many well-proportioned rooms making it very versatile, early viewing is highly recommended.
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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