Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£600,000
Bedrooms
Bathrooms
Modernised & Extended Grade II Detached Home | 3 Bedrooms, 4 Reception Rooms | Kitchen & Dining Room with Vaulted Ceiling | Utility Room | Planning for Detached Double Garage | No Onward | Private Gardens
Winforton is a rural village six miles from the beautiful book town Hay on Wye and fifteen miles from the Cathedral City of Hereford. Winforton has a church, public house with restaurant and the nearby village of Eardisley two miles away, has a primary school, doctors surgery, post office, farm shop, tennis courts and several pubs and restaurants. The property is located near fishing facilities, with riverside and countryside walks on the door step.
Ye Old Forge is a wonderfully characterful property that blends historic charm with modern comfort.
This striking black-and-white timbered home sits behind gates in beautifully landscaped gardens of approximately 0.66 acres. The property has additional planning with foundation in place for a double garage with room above.
Lovingly extended by its current owners, the property now has 2 lounge spaces and an additional bedroom, with planning to have an en suite, Creating versatile space perfect for guests, multigenerational living, or working from home.
The interiors are full of character, with exposed beams, a traditional inglenook fireplace.
At the heart of the home lies a cosy sitting room/entrance hall and downstairs study, along with a welcoming country-style kitchen and dining area with views out to the garden, vaulted ceiling and central island.
The upstairs accommodation offers further charm, with 2 comfortable bedrooms and a well-appointed family bathroom.
The cellar has been part converted to a utility space with plumbing for washing machine. head height is slightly restrictive. Off the entrance is an additional WC space.
Outside, the gardens are a real highlight. A generous lawn stretches out from the house, bordered by mature trees and established planting. There are several inviting areas to enjoy, including a peaceful gravelled seating spot, a collection of fruit trees, and a brand-new patio complete with a built-in BBQperfect for summer entertaining. An additional bulding is a den ideal for storage or outdoor office.
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
