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£700,000 Offers over
Bedrooms
Bathrooms
Surrounded by open countryside whilst being only approximately 5 minutes drive to the village of Holt this grade 2 listed detached barn conversion offers the perfect peaceful location.
The property situated on a small development has been converted to a high specification offering stunning room sizes with vaulted ceilings and exposed timber A frames giving a feeling of space and light.
Standing in large garden to the front and rear with the rear garden backing onto open farmland with three distinctive seating/entertaining areas.
The property is approached by a farmhouse gate with a gravelled driveway leading to a triple car barn with a brick store.
The heart of the home is the initial open plan living/dining/kitchen being over 29ft wide with a stunning fitted kitchen with a central island with quartz surfaces and seating with white high gloss handless built in units with a full range of fitted appliances including a triple 'Bosch' eye level oven including a steam oven, full height fridge and separate freezer.
Upon entering the kitchen you are greeting by a full height gallery with an oak staircase taking to the first floor with double doors leading you to the main living room an equally stunning room with fine views of the rear garden and surrounding countryside provided by large sets of French doors which sit either side of a circular cast iron effect contemporary fire.
The living room is further enhanced by two large exposed A frames with vaulted ceilings.
Completing the ground floor is a large guest bedroom four which could offer itself as a dependent relatives room with access separately to both the front and back of the house with a stylish en-suite shower room off with the rear access being further French doors onto a private patio.
To the first floor there is a stunning glass full height picture window with an electric built in blind flooding the galleried landing with natural light and views with further exposed beams leading to three further double bedrooms.
The master bedroom being a stunning size with a further en-suite shower room off with a further main family bathroom echoing the superb finish and style throughout with a freestanding bath.
Viewing advised to appreciate both the idyllic location and generous well propertied room sizes which are all brimmed with a mixture of modern fittings with original character.
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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