4 bedroom detached for sale

£700,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

GUIDE PRICE 700,000 - 725,000. Nestled in a picturesque setting occupying 5.41 acres, this traditional detached three bedroom cottage with a one bedroom self contained annexe is a property not to be missed.

The interior throughout is bright and charming, creating a cosy and homely atmosphere.

Poltip Cottage is a credit to the current owner being finished to a high standard throughout, offering a stylish and modern living space with its charm and character retained.

The one bedroom annexe offers great versatility, having previously been utilised as a successful bed and breakfast.

The property benefits from a range of areas within the garden to enjoy the peaceful surroundings.

The outdoor space is a haven for wildlife, with a wide variety of mature flowering trees and shrubs throughout. An area of woodland borders the garden offering a fantastic tranquil space.

Poltip Cottage also has the added convenience of
ample off-road parking and a detached garage, which can be utilised for storage as well as means for parking.

Accommodation
uPVC wood effect door with glazed panelling inset opening into:

Kitchen
uPVC double glazed window to the rear elevation, a range of fitted wall and base units with square top work surfaces over incorporating a one and a half bowl stainless steel sink and drainer with mixer tap over, Aga with granite mantle over, wooden beams to ceiling.

Utility Room
uPVC double glazed window to the rear elevation, a range of fitted wall and base units with square top work surfaces over incorporating a stainless steel sink and drainer with mixer tap over, four ring electric hob, space and plumbing for washing machine and dishwasher, space for freestanding fridge freezer, integrated electric oven.

Breakfast Room / Study
uPVC double glazed window to the front elevation, wooden beams to ceiling, feature stone walling, radiator, door off to annexe, door leading into:-

Living Room
Dual aspect having uPVC double glazed windows to the front & rear elevations, feature stone walling, radiator, television point, wooden beams to ceiling, fireplace with stone hearth and granite mantle with wood burning stove, stairs rising to the first floor.

First floor
Wooden beams to ceiling, study area, access to attic via loft hatch, radiator, doors off to all first floor rooms.

Bedroom
uPVC double glazed window to the front elevation, fitted floating bed, built in storage cupboard, access to attic with loft hatch and ladder, archway into:-

Dressing Room
uPVC double glazed window to the side elevation, built in wardrobes and drawers, radiator, door leading into:

En suite Bathroom
uPVC double glazed window to the rear elevation, panelled floor to ceiling throughout, low level W.C, double vanity unit with wash hand basins with mixer taps, bidet, bath with mixer tap over, chrome heated towel rail.

Shower Room
uPVC double glazed window to rear elevation, partially tiled floor to ceiling, low level W.C, wash hand basin with mixer tap and vanity storage below, large walk-in shower with glazed shower screen.

Bedroom
uPVC double glazed window to rear elevation, built in storage cupboard.

Bedroom
uPVC double glazed window to front elevation, built in storage cupboard.

Outside
Surrounded by mature gardens that have been beautifully maintained by the current vendor, Poltip Cottage is a haven for wildlife and has multiple areas to relax and enjoy the beautiful surroundings.

Located within the grounds is an area of private woodland that provides an idyllic space for relaxation in such a peaceful and tranquil setting.

A variety of detached outbuildings are positioned adjacent to the main residence, including a detached garage and carport, these offer a wealth of possibilities for there use.

Off road parking is available on the private gated driveway for multiple vehicles.

Annexe

Accommodation
Entrance via uPVC double glazed door with glazed panelling inset opening into:

Porch
uPVC double glazed door with glazed panelling insert opening into:

Kitchen/Living Room
Dual aspect having uPVC double glazed windows to rear and side elevations, dimplex storage heater, stairs rising to first floor, a range of fitted wall and base units stainless steel work tops incorporating a sink and drainer with mixer tap, two ring electric hob with extractor fan over, stainless steel splash back, integrated microwave & fridge.

Bedroom
Dual aspect having uPVC double glazed windows to front rear elevation, dimplex storage heater, fitted floating bed, fitting wardrobes.

Inner Hallway
Storage cupboard, feature stone walling, doors to ground floor rooms

Shower Room
Partially tiled, low-level W.C, pedestal wash hand basin with individual taps over, shower cubicle tiled floor to ceiling with electric shower over, chrome heated towel rail.


Services
Mains water, electricity and private drainage via a septic tank.

EE Rating C

Council Tax Band E

Directions What3wordsraft.smarting.jogged

Tenure Freehold

Agents Note
The solar panels are owned the owner of Potlip Cottage and further information will be held with the solicitors during the conveyancing.

Verified Material Information

Council tax band: E
Council tax annual charge: 2863.1 a year (238.59 a month)
Property type: House
Property construction: Thick granite walls with timber supported slate roof: the extensions is cavity wall block with timber supported slate roof
Electricity supply: Mains electricity
Solar Panels: Yes
Other electricity sources: No
Water supply: Mains water supply
Sewerage: Septic tank
Heating: None
Heating features: Double glazing, Night storage, Wood burner, and Solar thermal
Broadband: FTTC (Fibre to the Cabinet)
Mobile coverage: O2 - Good, Vodafone - Good, Three - Good, EE - Good
Parking: Covered, Garage, Driveway, Gated, and Private
Building safety issues: No
Restrictions - Listed Building: No
Restrictions - Conservation Area: No
Restrictions - Tree Preservation Orders: None
Public right of way: No
Long-term area flood risk: No
Coastal erosion risk: No
Planning permission issues: No
Accessibility and adaptations: None
Coal mining area: No
Non-coal mining area: Yes
Energy Performance rating: C

All information is provided without warranty. Contains HM Land Registry data Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.

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

£ 580200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 17500
  • 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

£ 55200
  • 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.

£

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

Adjust these figures

  %

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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