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£320,000 Offers over
Bedrooms
Bathrooms
Requiring full renovation and modernisation with potential to extend or develop subject to the necessary consents and permissions this cottage dates back to the 18th Century and is believed to be the former blacksmiths cottage for the Tehidy Estate, Located in one of the most sought after of areas the cottage sits centrally in a plot of approximately 1/3 of an acres and is screened from the road by level mature tree lined gardens. There is a detached garage with driveway parking accessed via a vehicular right of way over the private driveway to the side. The accommodation comprises of:- Entrance Hall, Lounge, Dining Room, Kitchen, Conservatory, Bathroom/WC and to the first floor there are Two Double Bedrooms, one of which has been subdivided to create two distinct spaces. EPC G. Council Tax D
Approached via a gated access with path leading to a front door opening to:-
ENTRANCE HALL: There are stairs rising to the first floor and doors to the lounge and dining room. Wall mounted fuse box.
DINING ROOM: 125' x 91' (3.78m x 2.77m), Window to the front, beamed ceiling and open fire place.
LOUNGE: 148' x 125' (4.47m x 3.78m), Window to the front, beamed ceiling, open fireplace, beamed ceiling, under stairs storage cupboard and a door to:-
KITCHEN: 110' x 710' (3.35m x 2.39m), Window to the rear, solid fuel Rayburn, door to conservatory and a door to:-
BATHROOM/WC: Panel bath, wall mounted hand basin, low level flush WC, window to rear and a built in airing cupboard.
CONSERVATORY: 710' x 100' (2.39m x 3.05m), Of timber construction with corrugated roof.
LANDING: Doors to both bedrooms,
BEDROOM ONE: 1410' x 132' (4.52m x 4.01m), Double sized room with widows to front and rear, two built in cupboards.
BEDROOM TWO: 132' x 112' (4.01m x 3.40m), Subdivided to form two rooms, one single sized with a wash hand basin and window to rear and one single sized room with a window to the front.
OUTSIDE: The property sits in a level, mostly lawned, level plot amounting to approximately 1/3 of an acre, bounded by walling, fencing and hedging with some mature trees and shrubs.
GARAGE: 2011' x 108' (6.38m x 3.25m), Single sized with up and over door.
OFF ROAD PARKING: There is off road parking on the driveway which could be extended to provide further parking.
AGENTS NOTE: Mains Electricity and Water are connected. Drainage is via a Cess Pit. The property is predominantly of stone construction. All mobile networks available (source Ofcom) and Broadband speeds of up to 8Mbps Standard, 71Mbps Super-Fast and 1800Mbps Ultra-Fast may be achievable (source Ofcom). Council Tax Band D.
This property requires an extensive programme of renovation and would benefit from a rear extension subject to the necessary consents and permissions.
ENERGY EFFICIENCY RATING: This property has been rated as G (1) with a potential rating of C (73).
Map location is not available for this property.
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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