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£1,150,000 Guide Price
Bedrooms
Bathrooms
Set within 2.5 acres of meticulously maintained grounds is this lovely farmhouse. Offering a delightful combination of a character property with a very modern kitchen/dining room extension. Set in an elevated position the home has superb rural views which change with the seasons.
The owners of the home have transformed the property from a comfortable farmhouse into a modern family home.
The highlight is the 5.4 x 9 meter (18 x 30 foot) contemporary kitchen/ dining room. Glazed to all four sides with large format windows and sliding patio doors, the property offers stunning views over the grounds, surrounding fields and over the valley beyond.
At the heart of the modern, navy and oak, handleless kitchen is a Smeg oven with 6 ring gas hob and matching extractor fan over. Additionally there is an AEG induction hob, Fisker and Paykel fridge/freezer & Hotpoint dishwasher. The cabinetry includes a pull out pantry and there is a large L shaped kitchen island with quartz work top, above which is a roof lantern flooding the room with natural light. A wood burning stove in the corner of the room adds comfort and there is plenty of space for a large dining table and chairs as well as a more casual seating area.
Adjoining the kitchen is a comfortable living room with a wood burner with granite lintel & slate hearth as a centrepiece of a feature wall. Glazed doors open to a patio with porcelain tiles allowing for al fresco dining while taking in the view.
To the front of the property, from the entrance hall there is a ground floor bedroom with adjoining snug or office as well as a second kitchen, utility room, boot room and shower room.
Upstairs there is a master suite with bedroom, large dressing room and shower en-suite. Two further double bedrooms and a re-furbished modern bathroom with walk in shower and freestanding bath complete the accommodation.
Outside, a gravelled drive leads through a pillared entrance to open to a generous parking area with space for recreational vehicles or boats etc. A detached double garage and workshop provides plenty of space for vehicles and would (subject to planning approval) be large enough to convert. The garden immediately around the house is separated from the adjoining lawned paddocks by a ha-ha. The summer house has a kitchenette with electricity and water and there is a BBQ terrace with pergola over, ideal for entertaining.
This property has more to offer than can be detailed in this brochure so viewings are highly encouraged.
SURROUNDING AREA
Located in a small hamlet within the parish of Gwennap, Fernsplatt sits centrally within the county with easy access to both the north and south coast. There are facilities within walking distance including a cafe, bakery & hairdressers. The neighbouring hamlet of Bissoe is the home of a cycle hire company, which gives access to the Coast to Coast 11 mile Trail and links the interior of west Cornwall to the harbour of Portreath on the north coast and the former port of Devoran in the south. The nearby village of Perranwell Station is within 2 miles and has a range of every day facilities including a local post office/general stores, public house/restaurant, primary school and railway station with links to Truro and Falmouth.
Truro is the administrative and cultural centre of Cornwall and offers a choice of primary and secondary schools, daily facilities including banks, building societies, shops, public houses and mainline railway station. Falmouth has the deepest natural harbour in Western Europe and is a major maritime and tourist centre. The Fal estuary and Carrick Roads are within easy reach and provide superb sailing waters.
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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