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£500,000
Bedrooms
Bathrooms
An enchanting Grade II 3 bedroom listed thatched cottage full of period charm and character yet updated with stylish and modern essentials. A beautiful blend of very old and new. Once part of a 17th Century Inn called The Oakes standing on a lovely plot within the heart of this historic village and also enjoying a beautiful garden of 105 and the nature reserve that is the Mardyke Valley beyond.
PORCH
Double glazed window to front. Interestingly old entrance door.
LIVING ROOM
3 double glazed sash windows to front. Beautiful oak beams, each with its own story to tell. Wooden floor and a lovely fireplace with a heavy mantel shelf and a display fire. A dining area sits beside the beautiful staircase that leads to the first floor. Wall lights. Radiators. Access hatch to cellar 99 x 9 max.
KITCHEN
There is a double glazed window and a stable door opens to the garden. A stylish range of fitted units at both base and eye level with a decorative cornice & pelmet. There is a tall larder wall and integrated appliances. The black galaxy granite worktop with matching up-stand sets off the kitchen and has an under-slung sink unit with mixer tap and carved drainer. Integrated hob and chimney hood.
GROUND FLOOR BATHROOM
Opaque double glazed window to rear. A modern white suite comprising double end bath with shower over. Range of units with semi inset WC and wash basin. Part tiled walls. Ladder radiator.
FIRST FLOOR LANDING
Rich with oak beams, doors and staircases.
BEDROOM 1
A double aspect room with double glazed sash window to front and to rear with far reaching views. Light beams. Radiator. Walk-in wardrobe with rails and shelves. Store cupboard.
EN-SUITE
Opaque double glazed sash window to front. A modern white suite comprising a range of vanity units with semi inset WC and wash basin. Shower enclosure with out of wall shower. Part tiled walls.
BEDROOM 3
Double glazed sash window to front. Radiator.
TOP LANDING
Storage area. Door to:
BEDROOM 2
Double glazed sash dormer window to front. Sloping ceilings.
EXTERIOR
FRONT The front garden has a picket fence and lawn garden. There is an independent driveway with parking for 2 in front of the garage.
REAR Garden is in excess of 105 commencing with a deck area and a lawn that gives far reaching views over the sloping garden, protected Mardyke Valley, the golf course and woodland beyond. Steps lead down to a lower level with a pond, bridge and rockery garden. There are further steps down to a further lawn area and a wrought iron fence at the bottom with a gate opening directly onto the Mardyke Valley.
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.
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