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15 Old London Road, Penrith
£1,350,000 Guide Price
Bedrooms
Bathrooms
WOW! The Old Barn & Cottages is an incredible and rare lifestyle opportunity sitting in 6 acres close to Berwick upon Tweed on the Northumberland Coast with a stunning barn conversion, two holiday cottages, staff accommodation, a large steel portal framed outbuilding incorporating an equestrian surface and stables, stunning grounds, further development potential for a home office or additional holiday let (STP)
The Main House - The Old Barn is a significant barn conversion which has been sensitively converted in recent years into a superb, character-filled family home with over 3894 sq. ft. of living accommodation, ideally suited to both modern family living, entertaining and working from home. Arranged over 2 floors and immaculately presented throughout with stunning architectural features. At the heart of the home, there is an incredible lounge with vaulted beamed ceiling, a large modern and contemporary kitchen with a large walk-in pantry, dining room, utility room, WC and just off the kitchen there is a large studio/home office, kitchenette (although with sufficient wiring and plumbing for a full kitchen) and shower room that could easily be converted into a separate annex or granny flat if required. On the first floor there are two large bedrooms, both with ensuite bathrooms with the master bedroom being 11m long and having a dressing area. Accessed externally yet attached to the main house there is home office situated over two floors with its own shower room & WC. This again could easily be used as ancillary accommodation/home office or perhaps as an income potential, subject to the relevant planning consent.
Equestrian Interest - This home is perfect for those looking for an equestrian property with an Indoor Arena with a mixed sand and fibre surface, housed within a 9400sq.ft. (18m x 48m) A-Framed steel portal shed with large sliding doors at both ends. Inside here there are 4 large Loddon Stables, 2 with automatic water troughs and rubber matting. There is a stable W.C and ample space for the creation of feed and tack stores. In addition to the wonderful indoor facilities, there are around over 3 acres of grazing land with a field shelter, tack room and water supply to two outside automatic water feeding troughs. This area would also be ideal for those looking for a large storage facility for a variety of uses.
Silage Clamp - Sitting to the rear of the site is a former walled Silage Clamp approximately 40 x16m, ideal for storage and possible addition of more stables or development potential. Attached to the front side of this is a large greenhouse, potting shed, 2 allotments with raised beds in a mesh tunnel and dog/chicken run to the rear which may have further flexible options.
Staff Accommodation (Stp) - Offered as staff accommodation STP, this beautifully presented two-bedroom bungalow enjoys views over towards the Northumberland coast. Internally it offers a large open plan kitchen/dining/lounge with log burning stove, a large family bathroom/utility room and two double bedrooms. Externally it has its own private and secluded garden grounds with decking and parking.
The Dairy - The Dairy is currently used as a holiday let and has its own separate access, parking area and large outside garden area with pergola and terrace. Presented to a luxurious standard, there is an open plan kitchen, lounge area with log burning stove, separate shower room and a double bedroom.
The Bothy - The Bothy, which sits adjacent to The Dairy is a one bedroom cottage. Internally there is a large double bedroom with ensuite shower/utility room, separate WC and an open plan kitchen/living room which leads out to its own private patio garden terrace and parking area.
Externally - The property sits in just over 6 acres with lovely courtyard gardens, open views and some wonderful garden spaces. To the front there is large garden terrace that enjoys open south-westerly aspect over the grazing land. To the rear there are mature flower beds, fruit trees and berry bushes lining the sheltered southern wall of the arena and on the other side of the courtyard is a sitooterie, a peaceful retreat, perfect to catch the evening light and enjoy the surroundings. To the rear of the arena are south facing fruit and vegetable beds, a large greenhouse, a potting shed and an extensive dog/chicken run.
Location - The Old Barn and Cottages sits in a hamlet of 4 other properties, in the stunning rural countryside of North Northumberland, around 4 miles southwest of Berwick upon Tweed, Englands most northern market town. The property is only 20 minutes from the Holy Island of Lindisfarne and 30 minutes from Bamburgh Castle and its Blue Flag beach.
Berwick upon Tweed is the nearest town with a wide range of local amenities and is well appointed with both independent and national shops, supermarkets and schools for all ages including a private school at Longridge Towers. There is also a selection of leisure and sports facilities, banks, public houses, restaurants, theatre and cinema. There are regular main line train links to both Edinburgh, Newcastle and London and the A1 is around 4 miles away providing easy access to both north and south. Travel time to London is under 4 hours by train. Both Edinburgh and Newcastle are only an hour away by road.
Services - Main house Mains Water, septic tank drainage and mains electricity. Low energy Electric Central Heating and two Wood Burning Stoves
The Bothy- Mains Water, septic tank drainage and mains electricity.
Low energy Electric Central Heating
The Dairy Mains Water, septic tank drainage and mains electricity, LPG Combi-boiler for central heating and hot water.
The Bungalow Mains Water, septic tank drainage and mains electricity, low energy heating and log burner fire. Electric Central Heating
EPC -
Old Barn - E
The Dairy - E
Bothy - E
The Bungalow - D
Council Tax - Main House E, The Dairy & The Bothy - Small Business Rate Relief
Please be aware that due to a limited number of EPC providers, there may be delays in obtaining Energy Performance Certificates (EPCs) for some properties. We anticipate receiving them within 7-14 days of the propertys listing. If there are any further delays, we will update the property brochure with the expected availability of the EPC. Thank you for your understanding.
Disclaimer - These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. The services, systems, and appliances shown may not have been tested and has no guarantee as to their operability or efficiency can be given. All floor plans are created as a guide to the lay out of the property and should not be considered as a true depiction of any property and constitutes no part of a legal contract.
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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