5 bedroom detached for sale

£1,500,000 Guide Price

5

Bedrooms

4

Bathrooms

Floorplan

Positioned within a plot of approximately 1.5 acres, this delightful and charming property has been modernised and extended in recent years and enjoys a wealth of character features and offers spacious and versatile accommodation, and has further potential to improve, reconfigure and extend. There is a large workshop/garage, garden office and large outbuilding comprising of stabling and separate store rooms, offering scope for redevelopment.

Front door leading into the entrance hall with stairs rising to the first floor. Door into the superb kitchen/family/living room. This room is the heart of the home and is flooded with natural light with windows to three sides enjoying views over the garden, three roof lights and bi-folding doors opening out onto to the terrace and gardens beyond. The kitchen area has a comprehensive range of bespoke built floor and wall mounted cupboard and drawer units with leathered granite worktop over. Space for range cooker, space for American style fridge/freezer. Built-in appliances include an eye level double oven with space for microwave above, space and plumbing for dishwasher. Inset large butler sink with mixer tap over and inset draining boards either side. Large island incorporating a breakfast bar area with an abundance of storage, the lower side of the kitchen island is 2/3 oak butchers block, and 1/3 marble. Large bi-folding doors opening out onto the large paved terrace area, bringing the outside indoors. This spacious room has ample room for a large dining table and chairs, sofas and soft furnishings.

From the entrance hall there is a corridor leading down to the left to the utility room which has space and plumbing for washing machine and tumble dryer with worktop over and under counter space for an additional appliance. Built-in shelving, tiled flooring, window and door leading out to the rear aspect. Next door is a shower room with shower cubicle, wash hand basin, WC and window to the rear aspect. From the entrance hall, there is a door into the snug which is a cosy room with a window to the rear aspect, and door into a large store room which houses the wall mounted gas fired central heating boiler. Large sitting room with feature open fireplace with space for woodburner. Three windows to the front aspect, door into the boot/store room which has a window and door leading out to the rear. From the sitting room there is another door through to an inner hallway where is a kitchen and shower room. The shower room has a shower cubicle, WC, wash hand basin and window to the rear aspect. The kitchen has a range of floor and wall mounted cupboard and drawer units with inset single drainer sink unit, four ring ceramic hob, window and door to the rear aspect.

First floor landing with two windows to the front aspect and exposed beams and restricted head height. The master bedroom suite comprises of a lovely large double bedroom with built-in wardrobes, windows to the front and rear aspect enjoying views over the gardens and there are two feature porthole windows to the side aspect. Opening through to the dressing room area and door into the en-suite shower room which comprises a shower cubicle, WC, wash hand basin and window to the rear aspect. There are three further double bedrooms, all with windows to the rear aspect, enjoying views over the garden. There is a study with a window to the rear aspect which could also be used as a fifth bedroom, and the family bathroom comprises of a panelled bath unit with shower over, WC, wash hand basin and window to the rear aspect.

To the front, the property is approached from a driveway leading up to a large shingled area where there is ample parking for multiple vehicles/caravan/boat etc. There is a detached timber framed workshop/garage to the right of the house which has two sets of double doors to the front, a pedestrian door, windows to the side and rear and has power and light.

To the rear of the property, there is a substantial paved terrace area running adjacent to the rear of the property accessed through the bi-folding doors from the kitchen/family/living room, with room for patio furniture and ideal for alfresco dining. There is custom made wooden seating made and steps up to the lawned area. There is a covered, open sided outdoor kitchen/bar area with sink unit, space for BBQ and outside tap and bar area.

The property is set in approximately 1.5 acres, and the mature gardens are mainly laid to lawn with an abundance of trees, shrubs and various plants.

To the rear of the garden there is an additional brick built outbuilding, currently being made up of two stables, a garden store, four store rooms, a bike store room and gym, with power and light. This building could be utilised for many different purposes and offers scope and potential to be converted into an Annexe/Airbnb. The garden office/shed in the corner of the lower lawn is insulated, has hard wired internet connection and power. There is also a water supply adjacent. There is also additional vehicular access available from Warborne Lane.

Situated within just a few minutes walk of the open forest and you can enjoy leisurely walks to nearby Pubs via scenic footpaths to the Walhampton Arms at Walhampton and The Fleur De Lys in Pilley, where is local community shop and hall. The hamlet of Portmore is a friendly community, holding regular events on the green throughout the year.

Nearby is 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.

EPC Rating: D



Features
  • Freehold

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

£ 1256450

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
    £ 37500
  • 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

£ 131450
  • 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

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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

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This is the assumed rate of house price inflation.

Final Property Value

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

Notes

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