4 bedroom terraced for sale

£650,000

4

Bedrooms

2

Bathrooms

Floorplan

A Grade II listed 19th century stone built four bedroom terraced barn conversion with a detached double garage. The property was converted in 1965 from a former barn. The accommodation is set over two floors and extends to in excess of 2,100 sq. ft. There are several features such as log burning stove, an Aga and reclaimed oak flooring from a 16th Century French Chateau. The mature landscaped garden to front offers a tranquil space to start indulging in the property`s character and history.

Restored period features include mullioned and leaded light windows, exposed timbers and various features throughout. Generous main hall and landing with access to principal living areas and bedrooms. Lounge has feature fireplace log burner and parquet flooring, Master bedroom with contemporary style en suite shower room. All bedrooms have fitted wardrobes with views of the southerly aspect private and secure family garden, accessed via a remotely operated pedestrian gate, beside Garage/outbuilding providing secure off- road parking or storage space.

Ground Floor
The property is accessed via a period oak timber door into a reception hall with high ceilings, exposed beams, under stairs storage cupboard and a sash window. The hall leads into the double aspect sitting room which has French doors leading out onto the south facing patio, parquet flooring, window seat and working fireplace with marble surround and wood mantle over. There is a timber door to the study which has parquet flooring and a glazed stable door to the rear elevation, with a timber door to the Utility room and downstairs WC. The dining room has an ogee stone niche, sash window and a parquet floor. The kitchen is entered via a period timber door and has quarry tiled flooring, a range of base and wall units with a butchers block work surfaces. There is an integrated dishwasher, a one and half bowl Corian sink/drainer unit, tiled splash backs, inset spotlights beams and ogee niche.

The kitchen also has a handmade butchers block 6-8 seater extending dining table and a sash window. There is a pine door to the pantry which has space and plumbing for a washing machine and also houses the combination boiler.

First Floor
The first floor landing has original stone mullion windows, exposed stone reveals and timber beams. All the bedrooms are south facing and feature timber beams, mullioned leaded light windows, period cast iron radiators and fitted wardrobes. The master bedroom has fitted wardrobes and a period timber door to the en suite which has been recently refitted to include shower, low level WC, pedestal wash hand basin, heated towel rail and tiled splash backs. There is substantial storage in the loft which has recently been insulated.

Outside
Entry to the estate is via a remotely operated pedestrian gate he south facing mature landscaped garden to front offers a tranquil space to start indulging in the property`s character and history. Enclosed by stone and brick walls, the raised stone sun terrace provides a generous space for family needs. There is a large stone built garage with sliding doors providing parking and storage space.

Area
Great Billing lies on the eastern side of Northampton and is just off the A45, which leads from Northampton to Wellingborough. The village has three churches and a public house. Weston Favell nearby has a supermarket and other leisure facilities. There is a golf and leisure club at Overstone, flying from Sywell Aerodrome and sailing and trout fishing at Pitsford. Private schools in the vicinity include the High School for Girls at Hardingstone, Wellingborough School and Great Houghton Preparatory School .

Freehold
Council Tax Band G

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

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

£ 538950

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 16250
  • 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

£ 51450
  • 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

£
  • 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.

Notes

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