4 bedroom detached for sale

£1,100,000

4

Bedrooms

3

Bathrooms

Floorplan

A handsome and well appointed detached house with outbuildings and extensive gardens, enjoying stunning countryside views, occupying a prime location within the highly sought after Rocombe Valley.

Hazelwood is a substantial period property which is located in a simply stunning country position in the picturesque and highly desirable Rocombe Valley. This location offers unrivalled peace and quiet being situated half way along the lane linking Rocombe to Uplyme with wonderful views in all directions over the gardens, grounds and adjoining countryside. The house dates back to the late 17th century and in more recent years has been carefully restored and extended. Worthy of particular note is the large conservatory which makes the most of the stunning views across the countryside.

The well presented accommodation, with numerous character features typical of its period, including original fireplace now housing a woodburner and flagstone flooring.

The property is accessed from the driveway and enters into the hallway. Double doors open into the sitting room with original flagstone flooring, exposed beams, panelling and bay window with seat looking onto the front garden. To one side of the sitting room is a study or potential extra bedroom and to the other is a dining room with double doors opening to the garden. The kitchen is fitted with a range of modern appliances and features a bay window situated perfectly to take in the panoramic views of the valley from the kitchen table. Two separate utility rooms are extremely useful. The conservatory completes this floor and is an excellent light and airy space leading to the garden.

The second floor has three bedrooms with bedroom one benefitting from an ensuite shower room. A family bathroom completes the second floor.

The lower ground floor of the property includes the fourth bedroom that is excellent for guests, as a separate shower room is found on the same floor. A family room completes the internal accommodation.

Outside
The property benefits from multiple outbuildings all with power one currently used as a studio. The property has two drives with the main drive leading to a covered car port and having wood and equipment stores along the side. The second drive is accessed from the other end of the property with a track through a wild flower meadow and woodland that is swathed in bluebells during the spring. This leads to the rear of the studio creating potential for a holiday letting property or annex. The two landscaped gardens found on opposite sides of the house are mainly laid to lawn with multiple seating areas and offer a great deal of seclusion.

Location
Uplyme offers facilities for everyday requirements, including a Post Office and Stores and Petrol Station with convenience shop. There is a lovely church, good local Inn (Talbot Arms), village hall, cricket club, playing fields and tennis court. The market town of Axminster, with its main railway connection to Waterloo (approximately 2 3/4 hours), is about 5 miles to the West and Bridport is some 11 miles to the East. The coastal resort of Lyme Regis, with all the day to day amenities one could require, is about 1 mile away and has recently been designated a World Heritage Site (nicknamed the Jurassic Coast), putting it in the same category as the Grand Canyon. The renowned Dorset and South Devon Coastal Path can also be joined at Lyme Regis. Taunton and Exeter are within a radius of about 30 miles, each with access to the M5 motorway. The county town of Dorchester is a similar distance away. The village is in the catchment area for Colyton Grammar School and the Woodroffe School.

Council Tax:
We are advised that this property is in Council Tax Band F. East Devon Council.

Services:
We understand the following to be correct but applicants should verify this with their own enquiries.
Electricity: Mains
Water: Private supply, mains available
Drainage: Septic tank
Heating: Oil Central heating

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

£ 906450

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 27500
  • 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

£ 81450
  • 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

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

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