6 bedroom barn conversion for sale

£635,000 Guide Price

6

Bedrooms

5

Bathrooms

Floorplan

An impressive barn conversion ideally located at the end of a private road with a superb rural outlook. Having six bedrooms, three en-suites and three reception rooms this stunning family home offers an incredible amount of flexibility and an internal viewing is highly recommended to fully appreciated the potential that this fabulous property has to offer.

A fabulous opportunity to purchase a truly unique property ideally located in a stunning rural location whilst enjoying convenient motorway access. The property boasts over 3000 square feet of versatile living accommodation and is certain to appeal to a wide variety or potential purchasers.

The ground floor accommodation comprises; - spacious entrance hall with stairs to the first floor, guest WC, utility room, shower room, dining kitchen, three further reception rooms, large storage room (boot room) and the sixth bedroom that is currently used as a home gymnasium.

The living room is an impressive 21 feet in length and has two sets of French doors to the rear garden, also having direct access to the rear garden is the snug and dining room making this an ideal property for entertaining or family gatherings.

The large dining kitchen has an ample number of fitted wall and base units, complementary worktops and a feature log burner.

To the first floor there are five double bedrooms, three having en-suite facilities including the fabulous master bedroom which is ideally positioned to separate off and incorporate the dressing room and en-suite and make a stunning master-suite. The generous family bathroom has a free-standing bath, shower and the potential for a sauna. The galleried landing has a feature window which makes the most of the far-reaching views. The landing provides access to a generous loft which provides a useful additional storage space.

Externally, to the front of the property there is ample parking and the large rear garden is low maintenance and is the perfect space to relax or enjoy al-fresco dining. Completing the outdoor space is a full-length potting shed/greenhouse which is ideal for anyone with green fingers.



Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 526575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 15875
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 50325
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message