5 bedroom detached for sale

£1,125,000

5

Bedrooms

A pretty, original, red brick, slate roof, forest cottage which has been sympathetically and professionally renovated to the highest of specifications. The property has also undergone an impressive two storey extension and now offers a remarkable 2,500 square feet of bright accommodation. Some of the stunning features of this property include a 7mx9m open plan kitchen/living space, a generous in/out driveway and a large south facing rear garden. This property would suit a wide range of applicant given its versatile layout but would largely suit a family given the close proximity to some of the areas most sought after schools.

Pitched roof porch with front door, dual aspect windows. Doorbell connection to Nest camera & audio system. Fitted cupboard housing electric meter. Coir mat flooring & Oak interior modern glazed door.

Snug/reception room with custom fitted box sash window shutters. 5kw Log burning stove, Victorian slate hearth, ceiling fitted CO2 detector, central heated radiator. Amtico effect oak wood flooring, Oak quality fitted doors, under stair storage plus full height cupboard housing new consumer unit & Cat5 Internet, telephone & electric sockets.

Downstairs Water Closet with Oak door, window, soft close toilet with low flush, concealed cistern, wash basin on floating wall unit and Amtico effect slate tile flooring.

Utility room with side aspect window, custom fitted solid wood painted wall and base cupboard units, solid Oak worktop and windowsill, Butler style sink, ceramic tile splash back, Amtico effect slate tile flooring, integral washing machine and tumble dryer, central heating radiator, electric power air vent and sockets.

Boot room with craftsman painted wood panel, hand cast iron coat hooks with Oak wood bench and storage, custom fitted wood painted base cupboard units, Butler style sink, ceramic tile splash back, heated towel rail, Oak worktop and floating shelf, Amtico effect slate tile flooring, semi double glazed back door access to courtyard, porcelain paved leading to garage, side paving to office/outbuilding.

Sitting room with front aspect custom box sash window shutters, side aspect high level window, 5kw log burning stove, Victorian slate hearth, ceiling fitted CO2 detector, central heating radiator, Amtico effect oak wood flooring, power sockets, Oak bi fold glazed internal doors connect with open plan living, dining, kitchen area.

Kitchen, dining, living area impressive 7m x 9m and forms part of large extension. Heating, temperature controlled, thermostatic water pump system underfloor heating, continuation of Amtico effect Oak wood flooring, dining/living room area with dimmer spot lighting with LED strip kitchen ceiling and under wall cabinet lighting. Kitchen area designed and fitted to a high quality specification with solid Ash wood units comprising bespoke wood painted, full height larder, cupboard base, wall and draw units. Corner pull out shelving, integrated waste and recycle bins, Quartz marbled worktop, windowsill and breakfast bar. Fully integrated tall height fridge, tall freezer and dishwasher. Two integrated full size Neff ovens and two full size Neff microwave ovens. Neff wide induction hob, overhead extractor fan, Quooker hot water tap and power points. Rear and side aspect windows, large sliding doors providing south west facing view of private garden with access to rear large porcelain paved patio which extends to side courtyard.

First floor landing accessed via carpeted stairs from front reception room with Amtico effect Oak risers and Oak wood handle banister, window with box sash bespoke fitted shutters, fitted smoke detector, walk in boiler room, three hundred litre mega flow system, bed linen/towel shelving and access to overhead loft/storage space.

Two fully tiled washrooms with windows, sink fitted into Quartz marble topped vanity units, soft close toilet with low flush & concealed cistern, heated towel rail, extractor fan, mirror wall unit with lighting, shaver/toothbrush and USB socket, Amtico effect slate tile flooring. One washroom has full size walk in dual attachment shower. The other washroom has bath and dual attachment shower with wall mounted glass hinge shower screen.

Five generous double carpeted bedrooms. All with central heated radiators. Bedroom four and five located to front original part of cottage with box sash bespoke fitted shutters and bespoke fitted wardrobe, desk and overhead cupboard. Bedroom three with side window. Bedroom two has access to loft storage space and overlooks rear garden. Bedroom one is 16sqm with walk in dressing room, bespoke fitted wardrobe, shelving and draw units. En suite with walk in dual attachment shower, micro cement polished walls and flooring, window, wash basin on floating draw unit, soft close toilet, mirror unit with light and shaver/toothbrush USB socket, heated towel rail, ceiling mount powered extractor.

Solid wood gated side gravel driveway with sensor security camera and lighting. Open landscaped turfed rear garden. Brick paved patio, weeping silver birch trees provide shaded seating area. Large wood summerhouse. Large fully insulated outbuilding with double glazed opening windows and bi fold doors, providing versatile office/studio/home gym space. Supplied with electric power point, lighting and Internet.

Garage with dual access electric doors, electric lighting and sockets. Exterior wall mount electric car charging point.

Fully insulated outbuilding with ship lack wood panel exterior, walls plastered and painted, wood flooring and spot lighting.

In/Out gravel drive with brick paved path to front door.

The rear garden is a particular feature of the property being exceptionally private and extremely large yet low maintenance for this style of property.

Nearest Stations:

2.15 miles
Sway
2.16 miles
New Milton
3.16 miles
Lymington Town
3.47 miles
Lymington Pier
4.61 miles
Hinton Admiral

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

£ 928325

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

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
    £ 28125
  • 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

£ 84575
  • 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.

£

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

£

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

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