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£640,000
Bedrooms
Bathrooms
Set in a stunning rural location, surrounded by farmland is this charming Grade II Listed cottage. The property has been extended to provide flexible accommodation in addition to a detached holiday let with a driveway with parking for at least four cars.
The entrance hall has Amtico herringbone flooring, boiler room, cupboard with plumbing for a washing machine and access to the cloakroom, stairs to the first floor and doors off.
Within the original cottage there is an array original features such as exposed beams and fireplace.
The snug is dual aspect and has views of the surrounding farmland and includes a further door to the front with a stunning vaulted ceiling and step leading down to an office / bedroom. This flexible space includes stairs up to bedroom three which has exposed timbers and despite its restricted head height is a more than functional bedroom with stunning views.
Within the extension is the kitchen / diner, sitting room and bathroom.
The kitchen / diner is located at the front of the property and has a range of matching shaker style units with work surfaces over, ceramic butler sink with a mixer tap, space for a three door Rangemaster oven with an extractor over and fridge freezer. In the corner is an airing cupboard which has been fitted with shelving.
At the rear of the property and overlooking exquisite far reaching views is the sitting room which benefits from a wood-burner, window to the side aspect and double doors leading to the garden.
There is a ground floor bathroom comprising a ceramic WC, wash hand basin, bath with shower attachment, heated towel rail, LED spotlights, window to the rear and part tiled / part panelled walls.
On the first floor of the later extension there are two good size double bedrooms. The main bedroom has built-in wardrobes and an en-suite wet room complete with fully tiled walls, ceramic WC, wash hand basin and shower attachment.
Bedroom two has its own adjoining cloakroom with low level WC and wash hand basin.
Outside
The cottage sits within a plot of approximately 0.21 acres and enjoys unspoilt farmland views. Accessed via a stable door from the entrance hall is a sheltered patio. The more formal gardens are south facing and located beyond the driveway with a good mix of well-established shrubs and trees and bordered in places by railway sleepers and a good size lawned area.
Within the garden is the holiday let which is an open plan barn style building and can be accessed via aluminium framed doors, one from the driveway and another from the garden. The open plan living space has a bedroom area, kitchenette comprising stainless steel sink, two ring hob and base cupboard units as well as a living area surrounding the wood-burning stove. There is a wet room complete with WC, wet room with shower attachment and a wall hung wash hand basin.
Location
Dyers Lane is a no through road, servicing just a few properties. The cottage is set in a rural location surrounded by farmland but also benefits from being a short distance to the nearby Foxes Den Cafe.
The nearby village of Assington has further amenities including a public house and popular Assington Barns.
Directions
Use the postcode CO10 5LB in your SatNav.
Important Information
Council Tax Band D
Services - We understand that mains water and electricity are connected to the property. The main house has oil fired central heating and there is electric heating to the holiday let. There is private drainage.
Tenure - Freehold
EPC rating TBC
Our ref - SUD250179
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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