4 bedroom detached for sale

£1,300,000

4

Bedrooms

DESCRIPTION Freshwoods is a wholly unique detached house set within an outstanding elevated position with far reaching views over the rolling countryside. Whilst enjoying total peace and quiet within a small hamlet, the property is conveniently located only 4 miles from Bath and equally 4 miles from Corsham. Finished with a contemporary style, the property boasts glazed elevations designed to take full advantage of the views whilst bringing in ample natural light and is set amongst beautiful well-established gardens of 0.30 acres. Internally, the accommodation is immaculately presented and deceptively spacious spanning over three floors extending in all to 2,342 sq.ft.

The ground floor entrance hall features solid oak flooring and a magnificent matching oak staircase rising up to the first floor. The eye is immediately drawn to the principal living room which boasts double doors out to a fantastic wraparound balcony with views as far as the eye can see. A wood-burning stove creates a cosy atmosphere in the colder months. The front kitchen/dining room has limestone flooring and stylish timber topped units. Across the hall, there are two further reception rooms and a WC. A utility room has steps leading down to the lower ground floor level which comprises a superb garden room complete with underfloor heating and twin set of double doors spilling out to the exquisite garden. Meanwhile, on the top first floor there are four double bedrooms. The spacious landing features a large walk-in cupboard for storage. The family bathroom is fitted with both a bath and shower unit, while the en-suite bathroom to the principal bedroom has a shower over the bath. The principal bedroom has spectacular views through a gabled window.

The gardens have been lovingly designed as a private haven and are a joy to wander. From the lane, there is a private off-street parking bay for several vehicles illuminated by external lighting. Steps down meander through the front garden which is landscaped over stone bound terraces with gravelled seating areas and mature shrubs and trees screening the property from the lane. The large rear garden is an excellent feature laid mostly to lawn gently sloping down the valley. Within the garden there is a detached studio complete with power, lighting and bi-fold doors, offering a versatile additional room to utilise for various requirements. At the far end of the garden there is a storage shed and green house. In addition and to the side of the house, there is a detached workshop and garden store also with power.

SITUATION Kingsdown is a peaceful rural hamlet surrounded by outstanding rolling countryside and wonderful walking routes to enjoy. The hamlet is positioned above the desirable village of Box which is within walking distance with a lively community centred around its popular primary school and a range of further amenities which include a Church, Indian restaurant, two pubs, library, doctors surgery, butchers, caf, two childrens nurserys, a film club and playing fields. The property is located equidistance between Bath and Corsham which are only 4 miles away. The beautiful Georgian city of Bath - one of only 3 UK heritage cities - offers excellent cultural, architectural and leisure facilities, and a mainline train station. Corsham equally offers a great range of amenities plus schooling options between the two are second to none. Kingsdown Golf Club is located only a short distance from the property and Bath racecourse is easily accessible. Communication links are excellent with the M4/M5 motorways within easy reach providing easy access to London, Bristol, the South West and the Midlands.

TENURE & SERVICES We understand the property is Freehold with mains gas central heating, mains drainage, water and electricity. Council Tax Band F

Features
  • Freehold

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

£ 1081450

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
    £ 32500
  • 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

£ 106450
  • 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
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  • 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.

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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

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  • 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.

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