3 bedroom cottage for sale

£510,000 OIRO

3

Bedrooms

Floorplan

If you are looking for a perfect chocolate box thatched cottage in a highly desirable village then look no further!
Brookmead is an exquisite, Grade II listed semi-detached cottage dating from the late 1500s / early 1600s.
With period features aplenty including inglenook fireplace and open beams, this unique property also benefits from beautiful cottage gardens plus a detached double garage and driveway parking for 6 cars.
It is located on a no through road with the village post office and gastro-pub just a couple of minutes walk away.

ENTRANCE HALL The wooden front door opens into a central reception hall with stairs rising to the first floor ahead, and doors leading to the sitting and dining rooms.
Bue carpet and neutral decor.
Radiator.

SITTING ROOM 16 8" x 15 8" (5.1m x 4.8m) An extremely impressive room with its large inglenook fireplace, currently with an LPG stove installed, and dual aspect windows to the front and rear with the front windows benefitting from fitted window seats.
Open beams overhead complete the cosy period feel, whilst this is a spacious room giving plenty of living space.
Blue carpet and neutral decor.
Radiator.

DINING ROOM 16 0" x 10 9" (4.9m x 3.3m) Second reception room with archways into the kitchen to the rear and large conservatory to the side.
Attractive bay window to the front.
Blue carpet and neutral decor.
Radiator.

CONSERVATORY 12 9" x 9 10" (3.9m x 3m) Spacious wooden framed double-glazed conservatory with French doors opening to the front garden.
Tiled flooring low wooden-topped sills. Radiator.

KITCHEN 15 1" x 11 9" (4.6m x 3.6m) The epitome of country-kitchen style, this beautiful room is styled with wooden beams overhead, shaker-style kitchen storage and attractive earthen-coloured painted walls.
The sage green units match perfectly with the wood-effect laminate work-surface and vinyl tile flooring.
There is a 6-month old electric Aga with both standard and induction hot plates, and a integrated dishwasher beneath the ceramic sink.
A window opens to the rear garden with a beautiful perfect view whilst doing the washing up!
Doors open into the rear garden room and utility area/cloakroom.
Cupboard housing the oil central heating boiler.

UTILITY ROOM / CLOAKROOM Split into two areas with WC to one side and utility area to the other, this room provides valuable space for both storage and practical utility.
The WC is attractive decorated with floral wallpaper whilst the flooring of the kitchen continues.
The utility room provides additional storage cupboards plus appliance spaces for both washing machine and tumble dryer.

GARDEN ROOM 8 10" x 8 10" (2.7m x 2.7m) The house is entered to the rear via the garden room which is of conservatory-style, wood-framed construction.
There is a tiled floor and shelves, with the space a perfect boot room for family living.


STAIRS AND LANDING The carpeted stairs rise centrally to the first floor landing which has several levels / areas along the length of the property.
There are 2 windows to the rear ensuring the landing area is bright and airy, whilst there are 3 separate built in storage cupboards ideal for linen etc.
Two radiators and two loft hatches.

BEDROOM ONE 16 8" x 11 5" (5.1m x 3.5m) Good sized double bedroom with dual aspect windows to the front and rear.
Floral wallpaper and pink carpet with attractive over-head beams.
Two radiators.

BEDROOM TWO 16 8" x 8 6" (5.1m x 2.6m) Double bedroom with dual aspect window to the side and front.
Green carpet and pale blue textured walls.
Built in storage cupboards and radiator.

BEDROOM THREE 9 10" x 8 2" (3m x 2.5m) Double bedroom with front aspect double glazed window.
Grey carpet and cream patterned wallpaper.
Radiator.

BATHROOM Family bathroom with white suite of WC, pedestal basin, bidet and bath with shower above.
White tiling and vinyl flooring.
Electric heated towel rail and window to the side.

OUTSIDE The property is approached via the driveway which has plenty of space for multiple cars.
There is a double detached garage, behind which the oil tank is located.
The gardens surround the house on 3-sides and are beautifully laid out with mature planting in borders and trees.
Patio is laid to the front, side and rear, with seating positions to make the most of the sunshine - the front of the house faces directly south with the setting sun facing the conservatory end of the house.
There is a convenient and useful passageway from the front of the cottage on the attached end that runs through to the rear, and is currently used by the owners as great storage space.

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

£ 423450

Mortgage Loan to Value

%

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
    £ 12750
  • 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

£ 40950
  • 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

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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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