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£835,000
Bedrooms
Bathrooms
This deceptively spacious 1930s detached house offers spacious and versatile accommodation throughout and benefits, from a landscaped rear garden, garage and driveway parking for several vehicles.
Front door leading into the entrance hall with stairs rising to the first floor. Cloaks cupboard and cloakroom with WC and wash hand basin. The sitting room has a box bay window to the front aspect with working open fireplace with wooden white mantle piece and hearth with cupboards either side, leading through into the family room, with window to the side aspect and following through to the kitchen/dining room at the rear, which flows across the whole width of the house. There are two windows and french doors opening out to the patio area and garden beyond. The kitchen wraps round from the dining area and has a comprehensive range of floor and wall mounted shaker style cupboard and drawer units with wooden worktop over. Inset one and a half bowl stainless steel single drainer sink unit with mixer tap. Breakfast bar area. Further storage incorporating a window seat, wine storage, open shelving, integrated Bosch induction four ring hob with Bosch pyrolitic oven under and cooker hood with extractor fan. Space and plumbing for washing machine, dishwasher and space for under counter fridge and freezer. Two windows to the side aspect and door leading back through to the hallway.
First floor landing with window to the side aspect. Stairs rising to the second floor. Storage cupboards and large airing cupboard housing the wall mounted gas fired central heating boiler, which was installed in 2024. The large master bedroom suite is a generous size, with a built-in triple wardrobe, separate cupboard and windows to the front and side aspect. Fully tiled en-suite shower room with walk-in shower with sliding glass door, Grohr shower unit and additional rainfall shower head. Pedestal wash hand basin with mixer tap, low level WC, heated towel rail, extractor fan, window to the rear aspect. Double bedroom two has a feature fireplace with sealed chimney, a built-in wardrobe, storage cupboard and window to the front aspect. Bedroom three has a window to the front aspect. The family bathroom comprises a panelled bath unit with taps and mixer shower over and glass shower screen. Low level WC, pedestal wash hand basin with mixer tap, heated towel rail, fully tiled floor and walls and an obscure window to the side aspect.
Open plan second floor landing with study area with two access points to the eaves storage and velux roof light to the side aspect and a feature triangular window to the rear aspect. Double bedroom four with velux roof light to the side aspect affording rooftop views over towards Walhampton.
Outside to the front of the property there is a low hedge to the front boundary with shrubs and a paved area. There is driveway parking for several vehicles, leading up to the garage, which has an electric up and over door, new roof in 2022, power and light, window to the rear aspect and a pedestrian door to the side leading through to the rear garden.
To the rear of the property, there is a patio area adjacent to the rear of the house with space for patio furniture. Couple of steps down to the landscaped lawned area with various well established borders, trees and plants. There is an outside tap, wooden log store and a summerhouse at the rear of the garden. The boundaries are fenced to all sides and there is a pedestrian gate giving access to the side passageway.
The property is just a five minute walk to the Train Station and the beautiful Georgian market town of Lymington, with its many independent shops, picturesque Quay, deep water marinas, sailing clubs and local Schools which have 'Good' and 'Outstanding' Ofsted ratings. Lymington has numerous highly regarded restaurants and designer boutiques and is surrounded by the outstanding natural beauty of the New Forest National Park. To the north are the New Forest villages of Brockenhurst and Lyndhurst and Junction 1 of the M27 which links to the M3 for access to London. There is also a branch line train link to Brockenhurst Railway Station (approx. 5.5 miles) which provides a half-hourly service to London Waterloo with a journey time of approximately 90 minutes.
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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