3 bedroom detached for sale

£550,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

GUIDE PRICE 550,000 - 575,000. Nestled in a picturesque setting on the outskirts of the Cornish hamlet of Bicton, Ken Caro is a substantial three bedroom detached dormer bungalow that enjoys far reaching views over the undulating Cornish countryside and is set within approximately 17.2 acres.


Boarded by once award-winning Gardens, Ken Caro offers tremendous potential to revive the beautiful gardens that were created by the previous owners in the early 1970s. These occupy approximately 4 acres of domestic gardens, creating a fantastic opportunity for horticultural enthusiasts, with the remaining 13 acres of land comprising pasture, meadows, arable and mature woodlands set in a tranquil and peaceful location.

The main residence comprises a substantial three bedroom detached dormer bungalow offering approximately 2300 ft. of living accommodation throughout.

An internal viewing is essential to not only appreciate this delightful property but also the wonderful location in which it occupies.

Accommodation
Entrance via uPVC door leading into:-

Kitchen
Dual aspect having uPVC double glazed windows to the side and rear elevations, 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, four ring electric hob with extractor fan over, built in double oven, under counter space and plumbing for washing machine, space for freestanding fridge freezer, radiator, partially tiled.

Hallway
Doors off to all ground floor rooms, stairs rising to first floor, built in storage cupboard, radiator.

Living Room
Dual aspect having uPVC double glazed window to the front and rear elevations with far reaching countryside views beyond, electric radiators, TV point, inset wood burner with marble hearth.

Dining Room
Triple aspect having uPVC double glazed windows to the front, side and rear elevations with far reaching countryside views beyond, electric radiator, uPVC double glazed double doors leading to the front elevation.

Sun Room
Triple aspect having uPVC double glazed windows to the front and both side elevations with far reaching countryside views beyond, electric radiator uPVC door with double glazed inset leading to the side elevation.

Bedroom
uPVC double glazed window to the front elevation with far reaching countryside views, radiator, built in wardrobes.

First Floor
Doors off to all first floor rooms, electric radiator, Velux skylights to ceiling.

Bathroom
Velux skylight to ceiling, bath with mixer tap, towel radiator, low level W.C, pedestal wash hand basin with mixer tap, corner shower cubicle with an electric shower over with glazed shower screen, being tiled floor to ceiling, jacuzzi bath, built in storage units, built in storage cupboard.

Bedroom
uPVC double glazed window to the rear elevation with far reaching countryside views, radiator, built in wardrobe, TV point.

Bedroom
uPVC double glazed window to the rear elevation with far reaching countryside views beyond, radiator, door into:-

Ensuite
Velux skylight to ceiling, corner shower cubicle with glazed shower screen, pedestal wash hand basin with mixer tap, low level W.C, towel radiator, built in vanity storage units, tiled floor to ceiling.

Outside
Approached via a gated entrance, the concrete tree line driveway leads to the front elevation of the property, where there is an abundance of off-road parking available. The driveway is shared with one neighboring property.

The driveway leads directly to the integral garage that offers wealth of possibilities for its use, including conversion STP to further increase the living accommodation.

Ken Caro boasts approximately 17.2 acres of grounds, being a mix of former award-winning gardens, mature woodland and meadows, including 9 acres of productive pasture and arable land.

This setting is not only a haven for wildlife but also a spectacular retreat to relax and enjoy the panoramic views over the surrounding undulating Cornish countryside.

Being a wonderful opportunity for horticultural enthusiasts or keen gardeners, there is tremendous potential to revive the spectacular gardens with an array of outbuildings also positioned within the grounds.

Services
Mains water and electricity, private drainage.

Agents Note
A solar panel system is installed on the roof of the property, this is owned by the property and the funds generated are paid to the owner on a quarterly basis.

EE Rating - E

Council tax band - D

Directions
What3Words lateral.sinkhole.downs

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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

£ 456450

Mortgage Loan to Value

%

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
    £ 13750
  • 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

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£

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

£ 43950
  • 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)
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  • Letting Fee
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  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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