3 bedroom detached for sale

£575,000

3

Bedrooms

1

Bathrooms

Floorplan

Exceptional Detached Cottage with Modern Extension | Three Bedrooms | Large Open Plan Kitchen/Family Room with Separate Living Room | Set Within Just Under and Acre of Private Gardens | Ample Parking and Garage | PV Solar Panels

This exceptional, detached property occupies a peaceful rural setting in the highly favoured village of Kingsthorne which lies between the Cathedral City of Hereford (6 miles) and the market town of Ross-on-Wye (9 miles) with the M50 motorway link (junction 3) with good connectivity to Birmingham and South Wales. Within the Parish of Kingsthorne there is a bus service and a village hall and further amenities are available in the neighbouring village of Much Birch where there is also a public house, church, a primary school and doctors surgery.

Set within just under an acre of beautiful gardens and grounds, The Swiss Cottage is a charming detached property that perfectly blends the character of its original stone construction with contemporary living. The cottage was thoughtfully extended in 2017 to create a spacious open-plan kitchen/living area and an impressive master bedroom suite, making it a truly special and versatile home.

Surrounded by its own grounds, the property is predominantly laid to lawn and includes mature shrubs and trees, a vegetable patch, a greenhouse, a large parking area, and a garage. There is also a delightful decking area with a pergola, offering a tranquil space to enjoy the peaceful, secluded setting.

Internally, the property is immaculate and beautifully presented. A welcoming entrance porch with exposed stonework leads into the heart of the home: a stunning open-plan kitchen/dining room with space for a snug area. This space is a perfect blend of style and function, with a log burner providing warmth, and tiled flooring that flows seamlessly throughout the ground floor. Patio doors open to the decked area, offering an easy connection between indoor and outdoor living. The kitchen is fitted with classic shaker-style units, granite worktops, and a central island with a breakfast bar. It also boasts high-end built-in appliances, including an oven, microwave, induction hob, and dishwasher, with space for a large fridge/freezer. A handy utility room off the kitchen provides additional space for appliances and has a sink unit, with a door leading to the garden.

The living room is located in the older part of the cottage, retaining much of its original character. Featuring an original front door, two windows (one with a window seat), and a large fireplace with a woodburning stove, the room offers a warm, inviting atmosphere. Off the living room, there is an inner hallway with access to a downstairs WC and a washroom.

Upstairs, the first-floor landing is a spacious area with vaulted ceiling, ideal for use as a home office or quiet retreat. Bedrooms 2 and 3 are both generous double rooms, while the master suite is truly luxurious. It features a beautiful shower room with dual sinks, a WC, and a large shower, leading up to the impressive bedroom with a vaulted ceiling and a raised roll-top bath, adding a sense of luxury and charm to the space.

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

£ 477075

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
    £ 14375
  • 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

Adjust these figures

£

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

£ 45825
  • 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.

£

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
    £

    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

£

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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