4 bedroom barn conversion for sale

£595,000 OIRO

4

Bedrooms

2

Bathrooms

2

Reception

Floorplan

WOW!

Situated in Saham Toney, Longsons are delighted to bring to the market this absolutely fantastic, substantial, four double bedroom barn conversion. This incredible property was originally built circa 1770 and formally a cart shed/barn in a previous life. Now offering luxury accommodation with the convenience of modern living although retaining many original features and oozing character throughout. The property has much to offer and includes inglenook fireplace with log burning stove, double garage, parking for numerous vehicles, exposed beams, two reception rooms, large kitchen/dining room with integrated appliances, en-suite shower room, cloakroom with WC, delightful gardens, modern fired oil fired central heating, UPVC double glazing and much more!

Viewing highly recommended to fully appreciate all that is on offer.

Briefly, the property offers entrance hall, lounge, dining room, kitchen/breakfast room, cloakroom with WC, four double bedrooms, en suite shower room to bedroom one, bathroom, double garage, gardens, parking, oil fired central heating and UPVC double glazing.

SAHAM TONEY
The village is 14.5 miles North of Thetford, 27.3 miles west of Norwich and lies 13.1 miles west of the town of Attleborough where you would find the nearest railway station for the Breckland Line which runs between Cambridge and Norwich. The nearest airport is Norwich International Airport. There is evidence that Saham Toney was close to a significant Romano-British settlement. The Peddars Way footpath, partly using remaining Roman roads, passes close to the village.
The village derives part of its name from the 13-acre mere that is in the parish. The mere is well stocked with fish especially eels of two species, one noted for their delicious, and the other for their nauseous flavour. The mere is thought to be as old as the last ice age. The village includes a church, public house, hotel, a primary school. The Church has some very beautiful stained glass windows, the east window of the chancel portrays the Last Supper, this was a gift by the late Rev. W. H. Parker, who restored the whole building at considerable expense in 1864.

Entrance Hall
UPVC double glazed entrance door to rear, full height UPVC double glazed windows either side, stairs to first floor, radiator.

Lounge - 254' (7.72m) x 151' (4.6m)
Inglenook fireplace with inset log burning stove, full height UPVC double glazed windows to front, exposed beams to ceiling, built in storage cupboard, radiator.

Dining Room - 220' (6.71m) x 113' (3.43m)
UPVC double glazed windows to front and rear, two radiators.

Kitchen/Breakfast Room - 2310' (7.26m) x 183' (5.56m)
Fitted kitchen units to wall and floor, quartz worksurface over, double bowl butler style ceramic sink unit with mixer tap, island unit with breakfast bar, integrated sliding bin draw, integrated dishwasher, intergrated washer/dryer, twin side by side Neff slide and glide ovens, modern Rayburn oven and condensing boiler with twin hot plates, space for large American fridge/freezer, wine fridge, intergrated induction hob with extractor hood over, exposed beams to ceiling, integrated microwave, tiles to floor, two UVC double glazed entrance doors opening to rear garden, two UPVC double glazed windows to rear, radiator.

Cloakroom
Wash basin set within fitted cabinet, WC, obscure glass UPVC double glazed window to rear, exposed beam to ceiling, radiator.

Stairs & Landing
Double staircase providing access to both east and west first floor wings, exposed wooden beams.

Study/Hobby Area
Built in cupboard housing hot water cylinder, double glazed Velux roof window.

Bedroom One - 163' (4.95m) x 154' (4.67m)
Sizeable double bedroom with exposed wooden beams, walk in wardrobe, further fitted wardrobes, UPVC double glazed window to front, radiator, door to en-suite shower room.

En-Suite Shower Room
Double shower cubicle, wash basin, WC, towel radiator, tiled splashback, double glazed Velux roof window.

Bedroom Two - 184' (5.59m) x 146' (4.42m)
Sizeable double bedroom, built in storage cupboard, two double glazed Velux roof windows, two radiators.

Bedroom Three - 149' (4.5m) x 93' (2.82m)
Double bedroom, UPVC double glazed window to front, radiator.

Bedroom Four - 111' (3.38m) x 91' (2.77m)
Double bedroom, UPVC double glazed window to rear, radiator.

Bathroom
Bathroom suite comprising three quarter length bath with shower over and shower screen, wash basin, WC, double glazed Velux roof window, tiled splashback, radiator.

Double Garage - 183' (5.56m) x 182' (5.54m)
Two up and over doors to front, entrance door opening to rear garden, window to side, electric power and lights.

Outside
Property grounds accessed via full height wooden double gates, driveway providing ample parking for several vehicles, garden laid to lawn, wooden summer house, established plants and shrubs to beds and borders, elevated patio seating area, further seating area to side of garage known as `The Patch` and is a true sun trap, outside light, outside tap, garden wall to perimeter.

Agents Note
EPC rating D62 (Full copy available on request)
Council tax band D (Own enquiries should be make via Breckland District Council)



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Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: Mains Supply
Broadband: Cable
Telephone: Landline

Other Items
Heating: Oil Central Heating
Garden/Outside Space: Yes
Parking: Yes
Garage: Yes

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

£ 493575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 14875
  • 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

£ 47325
  • 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.

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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.

£

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

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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