2 bedroom link detached house for sale

£575,000

2

Bedrooms

2

Bathrooms

Floorplan

A unique and beautiful link detached barn conversion which has been lovingly improved and remodelled by the current owners, set in the village of Birdlip, 6 miles from Cheltenham and just 5.5 miles from Junction 11a of the M5.

This home has a wealth of character features and is offered in very good decorative order. The home has remarkable far-reaching country and hillside views plus a secluded garden with separate garden office / studio.

The versatile accommodation over two floors has been transformed by the current owners to convert the house from the original three-bedroom layout to two bedrooms with much improved living space. Accommodation comprises a wonderfully modern and spacious fitted
Kitchen/dining room, with stylish painted shaker cabinets, integrated appliances including a double-drawer Fisher and Paykel dishwasher, induction hob, electric oven and hood.

This leads to a beautiful, spacious sitting room, with high-quality oak flooring and featuring a high-spec, contemporary wood-burning stove, beautiful French doors out to the sunny garden. At the end of the sitting room is a door through to an inner hall which leads to the guest double bedroom. This has a range of built-in wardrobes and storage cupboards and looks out to the garden. There is a modern family bathroom off the inner hall serving the bedroom with bath and shower over. Plus there is also a The cloakroom & utility room
accessed from the rear hall. Moving upstairs, the first floor landing features lovely, exposed stone with chunky wood handrail and flooring. There is a stunning shower room with striking green marble tiles and a clever laundry space behind the door. The main bedroom is set at the end of the landing and features two windows which take in the view down to the valley and out to the trees at the edge of the village.

Further benefits include double glazing throughout, attractive landscaped gardens with Cotswold stone walls, exposed internal stonework and period features, ultra-fast broadband throughout with Wi-Fi controlled modern electric heating, heated towel rails, a car-port and a further two off road parking spaces complete what is a truly special home.

Outside
Ivy Lodge Barns is a courtyard of stone properties accessed via a private road off the B4070, which leads from Ermin Way in Birdlip towards Sheepscombe and Painswick. The 60-foot gardens run across the width of the house with a seating area ideal for al fresco
entertaining and level lawns surrounded by flowering borders with a flowering clematis over the archway. There is a modern garden office / studio, which is insulated and double glazed. A large, newly-finished resin parking space is at the front of the property. There also is a car port at the rear of the house with additional parking to the front.

The Village
Birdlip enjoys an elevated position on the Cotswold escarpment at the heart of the Cotswold Area of Outstanding Natural Beauty (AONB). Birdlip is on the Cotswold Way, a National Trail running along the edge of The Cotswolds AONB. The view from Barrow Wake
viewpoint in the village takes in much of the Vale of Gloucester This is a wonderful base for walkers with their four-legged friends to enjoy amazing panoramic views. Lovely walks with beautiful views of Gloucestershire plus wooded areas, all within a few minutes walk from the front door. The village has a wonderful primary school, playgroup, after-school club, village hall, and Cricket Club (BBCC). There is a church in the village and the Royal George Hotel which is a short walk from the property. The surrounding towns provide a good range of social, recreational and retail amenities to suit all tastes and budgets. Birdlip Primary School is recognised for its outstanding behaviour and high standards of academic achievements. Education options in the local area are particularly strong in both
the private and state sectors with independent schools including Kings School, Wycliffe College, Cheltenham College, Cheltenham Ladies College and Dean Close whilst there are also Grammar schools in Stroud, Gloucester and Cheltenham.

Map location is not available for this property.

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

£ 477075

Mortgage Loan to Value

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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
    £ 14375
  • 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

£ 45825
  • 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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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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Notes

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