Are you an Estate Agent? Register here
£1,125,000 Guide Price
Bedrooms
Bathrooms
Milburn is an impressive contemporary home built in 2007. Occupying an elevated position with delightful, landscaped gardens to the rear, plenty of driveway space for numerous vehicles plus a generous double garage with electrically operated doors.
Ground Floor - Stone steps lead to the front door which opens to a large central hallway with travertine flooring underfoot. The sense of space is immediately apparent with two large reception rooms overlooking the front elevation.
The first, a lovely sitting room features a contemporary electric fireplace, French doors which open to the rear terrace and large windows to the front elevation.
On the opposite side of the hallway is another generous reception room which would make an ideal formal dining room, a snug or perhaps a play room.
Moving along the hallway is a third reception room which is currently used as a home office.
To the rear of the property, beyond the large utility room and the guest cloak room we find a fabulous kitchen. Recently refitted with a range of high quality stylish cabinetry along with integrated appliances and quartz work surfaces.
Beyond the large island is plenty of space for the dining table and a comfy seating area, perfect for everyday living. The kitchen has lovely views across the rear garden and French doors allowing easy access to the terrace and lawns beyond.
First Floor - Ascending the staircase to the first floor, a large landing awaits with a comfortable seating area which takes in views towards the local land mark of Burghley Bottle Lodges.
There are a total of four bedrooms on this level along with three lovely bathrooms.
The principal suite has lovely views across the rear garden and a fabulous refitted en suite which sits beside a dressing room with plenty of hanging space.
Along the hallway is a large guest suite which too has an en suite bathroom with a bath with shower over, a wash basin, loo and a heated towel rail.
Bedroom three is currently used as a dressing room with a full range of in built wardrobes and drawers. This room, along with the fourth bedroom share a lovely family bathroom which offers plenty of inbuilt storage, a vanity wash basin, shower, bath tub, loo and heated towel rail.
Moving on to the second floor there are two very generous bedrooms which share a shower room. These rooms are flooded with natural light due to each having two Velux roof lights.
Outside - Approaching the property a large driveway terminates at a large double garage with electrically operated doors. There are attractive landscaped borders to the front of this home and stone steps lead to the front door.
To the rear of the property is a sheltered terrace area which is ideal for alfresco dining. Beyond is a fabulous garden which has been landscaped to offer tiered lawns, lovely herbaceous borders and further seating areas.
Location - Tinwell is a charming village where a plethora of opportunities for calming walks, such as into the lovely market town of Stamford along a river and through meadows. Alternatively, one can take a short drive to Stamford, in around 5 minutes, to take advantage of excellent schools, a train station, and shops, and enjoy its restaurants, cafes, Georgian architecture and more. Peterborough is around a 25 minute drive and has rapid trains to London in 49 minutes. Rutland Water is nearby for outdoor leisure pursuits, and the close-by Burghley House, its Gardens & Deer Park along with various annual events such as the Game Fayre and the world famous Burghley Horse trials all make for wonderful days out right on your doorstep.
Services - Water, electricity and mains drainage are understood to be connected. The property has oil fired central heating.
Fixtures & Fittings - Every effort has been made to omit any fixtures belonging to the Vendor in the description of the property and the property is sold subject to the Vendors right to the removal of, or payment for, as the case may be, any such fittings, etc. whether mentioned in these particulars or not.
Local Authority - Rutland County Council
Council Tax Band G
Rutland County Council Council Tax Band G - Freehold
Viewing - Strictly by appointment through the agent, Digby and Finch (Stamford Office), Telephone: .
Plans - The site and floor plans forming part of these sale particulars are for identification purposes only. All relevant details should be legally checked as appropriate.
Possession - Vacant possession upon completion.
Epc Rating - Current 60/D
Potential 65/D
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.
The Property has been saved to your favorites
/ 5
It's quick and easy