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£995,000 Guide Price
Bedrooms
Bathrooms
Nestled in a peaceful and tranquil setting within the Cornish hamlet of Lanlivery, Bracken Hill Stables is a spectacular equestrian facility and this truly unique property must be viewed to be fully appreciated.
Set within 3.17 acres, the main residence comprises a substantial five bedroom detached house with living accommodation set across three floors, with an additional one bedroom annex positioned adjacent to the main residence that offers great income potential.
There is an array of outbuildings located within the grounds that boast power and lighting throughout, including a substantial workshop, stable block, and tack room with the sand school completing the equestrian facilities.
The sale of Bracken Hill Stables represents a unique opportunity to acquire an established equestrian facility in private grounds, having been maintained to a high standard throughout.
Wonderful panoramic views across the surrounding undulating Cornish countryside can be enjoyed from the land.
Accommodation
The main house provides 2,329 sq. ft. of well presented and versatile living accommodation being set across three floors.
Ground Floor
The ground floor is the heart of the home, with an array of reception rooms. The open plan kitchen and dining room, gives way to the dual aspect and generously proportioned living room with a separate sitting room, boot room and cloakroom completing the ground floor living accommodation.
The living accommodation on this floor enjoys a wealth of natural light, with the variety of reception rooms proving very popular for dining and entertaining.
Far reaching views across the beautiful surroundings can be enjoyed from these rooms.
First Floor
Positioned on the first floor are three bedrooms, all of which are double in size and enjoy ensuite facilities.
These rooms once again benefit from far reaching views across the stables, sand school and adjoining paddocks with the open plan hallway boasting a large picture window to enjoy these views as well as having a staircase that rises to the second floor.
Second Floor
The top floor of Bracken Hill Stables enjoys two double bedrooms that both provide individual ensuite facilities.
These spacious bedrooms compliment the property extremely well and are of generous proportion.
Outside
Approached via a private electric gate that opens into the enclosed yard, there is an abundance of parking available for multiple vehicles as well as direct vehicular access to the sand school, stables and workshop.
Mains services are connected to the workshop and stables including an electric and water supply.
The workshop is of generous proportion, being accessed by a roller door and is able to facilitate larger vehicles.
The grounds of Bracken Hill Stables measure 3.17 acres which is divided between private gardens and gently sloping pastureland.
These stables have been extremely well managed for many years by the current vendors and have been meticulously maintained during their time.
There is a wealth of potential and versatility with this property, with an internal viewing being essential to fully appreciate everything that it provides.
Annex
A detached double story annex is conveniently located adjacent to the main residence and has previously been used as a successful holiday let, providing a generous income and proving very popular with guests.
To the ground floor is an area of open storage whilst to the first floor the converted living accommodation comprises an open plan kitchen, living room, family bathroom and bedroom which is double in size.
There has been planning permissions approved for the ground floor storage area to be incorporated into the first floor living accommodation.
Application Number PA12/06092
Stables & Sand School
An extremely well presented sand school, seven bay stable block and tack room is conveniently positioned within the grounds.
These facilities are a fantastic addition and undoubtably offer tremendous potential for equestrian enthusiasts.
Services
Mains water, electricity, oil fired central heating and private drainage.
Tenure
Freehold
EE Rating
D
Council Tax Band
E
Directions
What Three words - bypassed.touches.chip
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.
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