4 bedroom semi-detached for sale

£1,250,000 Offers over

4

Bedrooms

2

Bathrooms

Floorplan

THE PROPERTY Steps Cottage is a beautiful Grade II Listed semi-detached cottage with origins in the 1600s, set in the centre of the village of Easton. It is a traditional English village home and, even in a place renowned for its beauty such as Easton, is quite remarkably attractive. With climbing hydrangea and rose covered front elevations and brick and flint garden walls all mellowed by the passage of time, it fits perfectly into its rural setting.

From the delightful front garden, having climbed a short flight of steps for which the cottage is surely named, the front door opens into a wide reception hall, with wood flooring and granting views through the house to the garden beyond courtesy of a charming stable door. Each of the principal rooms can be accessed from here and a staircase rises to the first floor. Immediately right through an arched doorway is the family/snug room, a light bright room enjoying double aspect windows, views to the lane in front, and a feature fireplace. A further door gives access to the kitchen.

From the hallway on the left is the drawing room which runs the full depth of the house and, being part of the oldest section of the property, this room has plenty of original features, plus wooden floors, painted exposed beams and an large inglenook fireplace with an open fire. This long room was formerly two rooms, with the second section currently ideal as a study or library areas, and can easily be separated again as the original doorway is still present from the hall, albeit concealed within the room itself.

However, the heart of this home is to be found in the kitchen/dining room. This modern space, with underfloor heating, has been created from two original rooms and is bright and welcoming with a wealth of marble topped workspace, a central island with breakfast bar, storage and pantry cupboards, and integrated units such as a dishwasher and eye-level ovens and induction hob. The dining area has room for a full-length table, the current owners have fitted bench seating, with storage, on two sides.

Upstairs, the principal bedroom features a pair of built in wardrobe cupboards, windows overlooking the rear gardens taking full advantage of the far-reaching views beyond. The modern en-suite bathroom has a separate bath and walk-in shower, wc, and a basin with recessed faucets set within an attractive panelled wall, upon an attractive shaker style cabinet.

Bedroom Two is a charming double bedroom with attractive feature fireplace and built in shelving to the side. There is a recess which could be ideal as a dressing area with fitted wardrobe cupboards.

There are two further good-sized double bedrooms, one currently configured as a home office, both of which benefit from built in wardrobe cupboards. The family bathroom is delightful and has a large window with plantation blinds and attractive cupboards housing a large linen cupboard and hot water tank.. A walk-in cupboard on the landing has been cleverly configured as a utility space for both a washing machine and a dryer.

THE PROPERTY
The cottage dates from the 17th century, with significant alterations in the 18th and 19th centuries. Construction is, in the older parts, of timber-frame encased in brick, under a part thatched, part tile roof. A charming late 19th century brick and tile extension has been added to the right and the rear of the property is rendered, with a small section of weatherboarding.

Listing: The property is Grade II Listed (Historic England entry no. 1302994)
Services: All mains services are connected.
EPC Band D, Council Tax Band G

THE GARDENS
The front garden sits above a very attractive retaining brick and flint wall, pierced by steps rising to a short path leading to the front door. The path is bordered by lawned areas on either side with mature flowerbeds and flowering shrubs, many of which tumble over the garden wall forming a charming display.

The rear gardens are sunny and southerly facing, with glorious views extending over the village and fields to the far distance. An attractive sun terrace, with stone flags, leads up to the lawn, which runs to a low brick wall dividing the main garden from the paddock. The garden features shady spots from mature trees and traditional English cottage garden style beds making it an ideal spot for playing, relaxing and entertaining.

PARKING
A single garage and driveway forms off road parking for approximately three cars. Further unrestricted parking is available on street.

EASTON
Easton is a much loved and sought after village in the Itchen Valley, only a few minutes drive to both Winchester City centre and the Georgian market town of Alresford.

It has a strong local community and boasts two pubs, The Cricketers and the Chestnut Horse, the latter of which has recently been refurbished under new ownership, with a restaurant, cafe and a deli. There is a beautiful village church, St Marys, which dates to early Norman times, a village hall where many local events and amateur dramatics take place, a small garage, and a local village cricket team.

SCHOOLING
Steps Cottage is close to good schools both in the state and independent sector. The catchment schools are Itchen Abbas Primary School, Henry Beaufort Senior School and Peter Symonds 6th Form College. Local independent schools include St Swithuns School, Twyford School, Princes Mead, The Pilgrims School and Winchester College, each of which is within just a few minutes drive.

Flood Risk: (Source: Govt Enviro agency) Surface Water & rivers and seas: Risk very low
Broadband (Source: Ofcom) Superfast broadband available: 48mbps download; 8mbps upload

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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

£ 1037700

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
    £ 31250
  • 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

£ 100200
  • 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.

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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

£
  • 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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