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£1,095,000
Bedrooms
Bathrooms
Located directly opposite open forest, this charming and deceptively spacious four bedroom detached period cottage offers generously proportioned accommodation and benefits from a detached annex/leisure facility, several outbuildings and sits on a secluded plot of approximately 0.4 acres. The property has been extended and much improved with beautiful views over the lovely grounds and gardens and stunning far reaching views across the open forest to the front.
Front door leading into the entrance hall with glazed side panels and wooden floor. Double doors opening into the large sitting room which is a cosy room in the original part of the cottage with an attractive illuminated fireplace with fitted wood burning stove and two bay windows with seats overlooking the forest, feature wrought iron spiral staircase leading up to the first floor, two display alcoves, door into the inner hall. Dining room with feature fireplace with exposed brickwork either side, and door into the kitchen. Bespoke handmade kitchen with comprehensive range of floor and wall mounted cupboard and drawer units with granite style worktop with inset enamel double sink with mixer tap over, integrated appliances include a two ring double oven Aga, four ring ceramic hob, dishwasher, fridge, flagstone flooring, stable door to the the rear lobby/boot room, which has a storage area and door out the to the rear garden. The large conservatory/living room has a superb high ceiling with four velux roof lights, wood burning stove and range of windows enjoying views over the rear garden. Flagstone flooring and double doors leading out onto the patio. Ground floor bedroom one has internal double doors leading back into the conservatory/living room and window to the side aspect. Bedroom two has storage and window to the front aspect with views across the forest. Attractive bathroom with free standing roll top bath with claw feet and hand-held telephone style mixer shower attachment over. Wash hand basin with mixer taps. ornate W.C., separate fully tiled shower cubicle with mixer shower. There is a separate cloakroom with low level W.C. and wash hand basin.
First floor landing with window to the rear aspect and doors to two further bedrooms. Double bedroom three has a built-in wardrobe and windows to the front and rear aspect, with lovely views over the rear garden and the open forest to the front. Bedroom four/study, again has stunning views over the open forest to the front aspect.
Outside to the front, the boundaries are enclosed by wooden picket fencing with a pedestrian gate and the property is approached over a cattle grid with a driveway leading down the side of the property with wooden double gates, leading through to the garage/workshop, which has an electric up and garage to the side aspect and plenty of storage. Internal door through to the utility room beyond, which has two windows and plenty of space for storage, space and plumbing for washing machine, tumble dryer etc.
The well maintained mature gardens are approximately 400ft in depth. They are well stocked with an abundance of borders, trees and shrubs, and are extremely private. The garden is enclosed, with a large patio area leading onto a paved pathway which leads down to a further area of garden, there is a large expanse of lawn bounded by delightfully stocked borders and incorporates a large garden chalet/studio, ideal as a workshop or office. The garden continues onto a second area of garden being well enclosed and secluded with numerous apple trees and this in turn gives access to the potential Annexe (currently used as a leisure room). There is a kitchenette/sitting room with wood burner, shower room, shower room and hot tub room, which could be converted into a double bedroom.
Beyond this is a kitchen/vegetable garden with two greenhouses and a large garden shed. The gardens and grounds are a particular feature of the property being superbly laid out in various sections with an excellent variety of outbuildings. We believe the plot extends to approximately acre.
The property sits directly opposite the open forest having superb views and access to delightful walks in this popular New Forest hamlet with nearby traditional Public House, The East End Arms and a short distance to adjoining village of East Boldre with a shop/post office and another Public House of note, The Turfcutters. A short distance way is Tanners Lane leading down to the Solent foreshore and Lymington town centre is only about a 10-15 minute drive away.
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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