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£595,000
Bedrooms
Bathrooms
A charming four bedroom Grade II listed cottage which dates back to the 15th century and is set overlooking the Stour Estuary in the town of Manningtree. This idyllic home has been sympathetically renovated and offers traditional period features, off road parking and a private rear garden.
Upon entering the property, you are welcomed into the living room which has a sash window to the front aspect overlooking the Stour Estuary, there is a feature fireplace with exposed brickwork and an inset wood burner, solid wood flooring, exposed beams a storage cupboard and a radiator.
Set to the rear of the property, the kitchen/diner has stairs leading to the first floor, two windows to the rear aspect and a door the rear garden. There is a range of built in base and wall mounted units with granite work surfaces and matching upstands, an inset butler sink with mixer tap, built in dishwasher and rangemaster cooker. Solid wood flooring, feature fireplace, exposed beams, an under stairs storage cupboard and a radiator.
Heading up to the first floor, a landing gives access to two bedrooms and a shower room as well as stairs to the second floor.
Bedroom one is set to the front of the property with a sash window giving panoramic views over the Stour Estuary, there is a feature fireplace, built in storage cupboard, radiator, exposed beams and brickwork.
Bedroom two has a sash window to the rear aspect, exposed beams and a radiator. There is an en suite bathroom with a window to the rear aspect, low level W.C, pedestal wash basin, roll top bath with mixer tap and shower attachment, tiled floor and heated towel rail.
The shower room has a low-level W.C, pedestal wash basin, corner shower cubicle with wall mounted shower, tiled floor, heated towel rail and extractor fan. Accessed from the shower room is a laundry room with space/plumbing for a washing machine plus built in storage.
On the second floor, a landing has a built-in storage cupboard and access to bedrooms three and four.
Bedroom three has a window to the rear aspect and a radiator.
Bedroom four has a window to the side aspect overlooking the estuary and is currently used as a studio with a range of built in storage, exposed beams and a radiator. There is a en suite toilet with sink.
Externally
There is a walled front garden with some decorative shrubs and a path leading to the front door. There is pedestrian access to the side of the property leading to the rear garden.
An established rear garden with raised beds, patio area and fishpond as well as access to an outbuilding. There are a variety of mature shrub and tree borders.
Location
This property is set on the edge of Manningtree town centre which offers a range of independent shops, restaurants and cafes as well as a library and supermarket.
Manningtree Mainline Rail Station can be found just over a mile from the property offering services to Londons Liverpool Street and Norwich Stations.
Set in an area of outstanding natural beauty, there are plenty of walking trails, outdoor activities and countryside to be enjoyed.
Directions
Directions
Please use a Sat Nav with the postcode CO11 1AS
Important Information
Council Tax Band - B
Services We understand mains water, drainage, gas and electric are connected to the property.
Tenure - Freehold
EPC tbc
Our ref - MAN250108
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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