3 bedroom cottage for sale

£445,000

3

Bedrooms

Floorplan

A CHARMING COTTAGE IN A PICTURESQUE HAMLET WITH WELL PRESENTED, GENEROUS ACCOMMODATION INCLUDING 3 BEDS PLUS ATTIC ROOMS, A MAIN BATHROOM, EN SUITE AND WET ROOM, OFF-STREET PARKING. CHAIN FREE.

Looking for your Dream Home Close to Lyme Regis? This idyllic cottage is due to be featured on BBCs Escape to the Country Series 25.

1 Granary Cottages is nestled between a small 14th century Medieval church and the former Grade II Listed Manor Farm which has stood in the village for centuries. There is a picturesque pond and wooded area opposite the cottage, which has a monk mechanism to release excess water to avoid flooding. The traditional style cottage is well-proportioned with stout walls, deep wooden windowsills and generous sized windows offering a light and airy interior. The property is constructed of stone flint walls beneath a slate tiled roof.

The accommodation is well appointed with pleasant views afforded from the principal rooms to the surrounding area. The property benefits from double glazed windows, recently installed integrated kitchen, wet room, ensuite, unvented hot water system with Joules cylinder, column radiators, upgraded electrics to include LED spotlights throughout (except loft) and reclaimed timber floorboards upstairs.

There is still the opportunity for prospective owners to make their mark on the cottage as the bathroom and flooring in certain rooms would benefit from upgrading.

The Accommodation Comprises: -

Ground Floor - Stepping stone path from garden leading to front entrance. uPVC multi-panel door to:

Hall - With oak veneer flooring, radiator, stairs rising to landing. Doors to:

Lounge - 194' x 1111' (5.89m x 3.63m)
With oak veneer flooring, dual aspect double glazed windows to south and west, overlooking the wooded pond area and the church, 3 vertical radiators. Stone built fireplace and hearth with woodburner. Double multi-pane french doors to:

Dining Room - 124' x 97' (3.76m x 2.92m)
With oak veneer flooring, 2 radiators, double glazed window to rear. Arch through to:

Kitchen - 1011' x 99' (3.33m x 2.97m)
With shaker style wall and base units with solid oak worktops and inset porcelain 1.5 bowl sink and drainer with Bristan Artisan filter tap. AEG induction hob with cooker hood over. Integral Bosch electric oven and grill. Integral dishwasher. Calmag water softener. Inset spotlights. Double glazed window to south, offering pleasing views of the garden and church.

Door from Dining Area to:

Utility - With matching wall and base units, floor mounted Worcester oil fired boiler. uPVC door to rear garden.

Door to:

Wet Room - With WC, hand basin and Mira electric shower. Heated towel rail. Fully tiled. Extractor vent.

First Floor -

Landing - With porthole window to front, radiator, cupboard housing unvented heating system with Joules hot water cylinder. Stairs rising to second floor. Doors to:

Bedroom 1 - 16 x 1110' (4.88m x 3.61m)
With timber floorboards, dual aspect double glazed windows to south and west with pleasant outlook and views. Vertical radiator. Built-in cupboard/wardrobe. Two storage spaces. Door to:

En Suite - Partly tiled with obscured double glazed window, walk-in shower cubicle with thermostatic shower with fixed rainwater head and hand-held. WC. Hand basin. Heated towel rail. Shaver point. Extractor vent.

Bedroom 2 - 1010' x 10 (3.30m x 3.05m)
With double glazed window to south, looking out on the church, vertical radiator, timber floorboards.

Bedroom 3 - 97' x 710' (2.92m x 2.39m)
With timber floorboards, double glazed window to rear. Vertical radiator.

Bathroom - With vinyl flooring, WC, pedestal hand basin, panelled bath within tiled surround. Heated towel rail. Obscured double glazed window. Shaver point. Extractor

Second Floor -

Landing - With velux window to the south and eaves storage. Door to:

Loft Room/Bedroom 4 - 1011' x 1110' (3.33m x 3.61m)
With velux windows to the south. Wall mounted uplight. Dimplex electric heater. Timber floorboards. Separate loft space for storage.

Location And Outside Space - Combpyne is a tranquil and picturesque hamlet situated within easy reach of the world renowned seaside resort of Lyme Regis and the historic market towns of Axminster and Bridport. The property can be found toward the centre of the hamlet, with the front entrance approached on foot via a gravelled driveway (which provides access to the neighbouring property) and subsequent pathway to the front entrance. The front garden is laid to lawn with flower and shrub borders, which is enclosed by low stone walling, whilst the rear also has a lawned area with small gravelled path and timber shed positioned to one corner. The rear is enclosed by part stone walling, timber fencing and high hedging. Off-street parking.

Material Information - Buyers are kindly advised to enquire with the marketing agent prior to arranging a viewing.

Local Authority: East Devon District Council
Council Tax Band: D
Tenure: Freehold

Services - We understand the following to be correct by applicants should verify this with their own enquiries.
Electricity: Mains
Water: Mains
Drainage: Septic Tank
Heating: Oil fired central heating
Broadband and Mobile Signal/Coverage: See checker.ofcom.org.uk

Viewing - Strictly by appointment with the Vendors Agents, Martin Diplock Estate Agents of 36 Broad Street, Lyme Regis.

Directions - From Lyme Regis town centre take the left fork (Pound Street) at the top of Broad Street and continue to Rousdon. Continue through the village, and at the war memorial opposite the turning for the Rousdon Estate, turn right. Proceed for approximately 1 mile and upon reaching Combpyne, follow the road around to the left. Continue towards the church, which will be on the right hand side, where 1 Granary Cottages can be found immediately after on the same side of the road.

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

£ 369825

Mortgage Loan to Value

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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
    £ 11125
  • 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

£ 36075
  • 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

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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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