Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£1,800,000 Guide Price
Bedrooms
Bathrooms
Plot and Potential perfectly sum up Wallbank Farm. Sitting in approximately 10 acres of stunning farmland this unique farmhouse offers a wealth of opportunity for a new owner to re-model and re-develop. The farmhouse dates back to the 16th century in parts with additions being made in more recent decades. Offering a truly unique space with modern architecture juxtaposed with original features. The plot is marvellous - 10 acres of orchards, gardens, woodlands and grazing land with views out towards the rolling hills of Lyme Park and The Peak District.
Wallbank Farm has the best of both worlds, rolling countryside with beautiful fields and orchards, whilst sitting conveniently for sought-after schools, transport links, shops and restaurants. Rural meets urban with a home offering something for everyone. Positioned at the foot of Wallbank Road on the Bramhall/Hazel Grove border the road provides pedestrian access down to The Happy Valley and allows the house itself an elevated position over the valley with views out over the woodlands and fields beyond. Two gates offer an in-out driveway with the house sitting at the front of the plot. The driveway curves around the house and leads to a double garage and out-buildings at the rear. The garden wraps around the right hand side of the house with views over the grazing land and valley. The orchards sit at the rear of the plot and boast approximately 3 to 4 acres of flat land currently comprising around 140 apple trees, oak trees, damson trees, as well as a Polly-tunnel with olives, figs, grape vines, beetroot and tomatoes.
The farmhouse itself is arranged over three floors and comprises four reception rooms, a large open-plan dining kitchen, four double bedrooms and two bathrooms all centred around a hallway and galleried landing with a magnificent turning staircase. The property has been well-maintained by its current owners of nearly thirty years, and is now ready for a new owner to come in and take over the reigns. Boasting huge potential to renovate the space as it is, or to extend and develop, subject to the necessary consents.
This is a truly unique opportunity to buy a unique home on a unique piece of land. To truly appreciate the land and what Wallbank Farm offers it must be viewed.
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
