5 bedroom detached for sale

£925,000 Guide Price

5

Bedrooms

5

Bathrooms

Floorplan

A grand 5 bedroom detached Grade II Listed Farmhouse with five en-suite bedrooms, delightful gardens, triple garage, outbuildings and historic features throughout. All set in about 0.57 acres.


Harepath Farm is an imposing detached Grade II Listed former farmhouse which we understand has origins dating back to 1480. This delightful thatched home has impressive character features throughout including lovely flagstone flooring which flows through the majority of the ground floor, a rare Beer stone fireplace dated 1613, a deep inglenook fireplace with bread and meat ovens, exposed stonework, beams and plank and muntin walling.

The property has been sympathetically updated, restored and maintained over the years and has more recently seen improvements including updates to the kitchen and secondary glazing. Previous owners of Harepath Farm had run this property as a bed and breakfast business and as such the building has smoke alarms, fire alarms and emergency lighting along with en-suite bathrooms to all the 5 bedrooms. The property has a pleasant outlook and is set in delightful gardens extending to just over half an acre with views towards the sea in the distance over countryside can be enjoyed. Access to the coast is within easy reach at Seaton, Sidmouth and Lyme Regis and the house is on the outskirts of the historic village of Colyford. This property would suit many uses including a large family home or a potential B&B.
The sizeable and flexible accommodation on the ground floor splits in two directions from the central hallway, cloakroom and boot room with flagstone flooring flowing through to most rooms.

To one side of the hall is a dining room with an impressive Tudor style Beer stone fireplace (dated 1613) with step up to a cosy double aspect living room with a feature stone original fireplace. To the south side of the hallway is a study leading to a further sitting room which opens to a sizeable farmhouse style kitchen/breakfast room. The kitchen includes fitted kitchen units with a four-oven Aga, integrated appliances including an electric oven and hob over and a large run of traditional dresser style base and wall units run across one side.

To the rear of the property and accessed from both the kitchen and rear hall is a large utility/store which houses the water filtration system for the private well water. An original old pump is still in situ in this room which leads to a very useful dog shower room. An original listed Tudor door links the rear hallway to a pantry and secondary stairs to the first floor.

On the first floor all of the five bedrooms face the front of the property with a landing which runs along the rear with access to both staircases. The master bedroom is particularly sizeable and impressive with a large range of handmade oak wardrobes and a decorative original fireplace. A step leads up to a most delightful en-suite bathroom with original 1930s roll-top freestanding bath, twin basins, WC and large shower with sizeable cupboards and a Victorian decorative fireplace.

The four further bedrooms are all good-sized doubles and all feature en-suite showers with WCs. All the upstairs accommodation benefit from views to the front of the house over the gardens and towards the countryside in the distance.

The nearby historic market town of Colyton is just 2 miles distant with a good selection of shops, library and medical centre. The market town of Axminster is just 6 miles distant with its railway station links. There is easy road access to Exeter (22 miles) in the West, Taunton (24 miles) to the North, the stunning Jurassic Coast to the South and London via the A303 to the North East. The Cathedral City of Exeter gives access to the M5 motorway via junction 29 and to Exeter airport just 15 miles. The perfect haven for the country lover and rural commuter alike. Rail links are available via Exeter (Waterloo approx. 3hrs 20 or Paddington 2hrs 11 no changes) or Axminster (Waterloo approx. 2hrs 43 no changes or Paddington 3hrs 20 with one change).

The farmhouse sits in its own private grounds which approach 0.57 acres. To the front of the farmhouse is a very pretty, mature garden with two areas of lawn surrounded by flower and shrub beds and a useful garden store set to the side of the farmhouse.
The rear of the house has a more formal garden with central steps leading up to a large expanse of lawn. This is surrounded by mature trees with a raised vegetable area to one side and wild meadow area towards the top. There is also a paved terrace/barbecue area to one side. From the upper area of the lawn lovely views can be enjoyed across the estuary and surrounding countryside toward the sea.
The rear of the property is approached over a shared access which leads to parking and garaging for the farm and continues beyond leading to a neighbouring courtyard of barn conversions

There is also a triple garage with parking in front and a dual-purpose area to the side which is currently being used as a patio but could easily be converted to an additional parking space. This building links behind to a large workshop and stores.

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

£ 765825

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 23125
  • 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

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£

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

£ 72075
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    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.

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