6 bedroom detached for sale

£1,250,000 Guide Price

6

Bedrooms

Floorplan

Woodton - 2.5 miles
Bungay - 5.1 miles
Norwich - 13.4 miles
Southwold & The Coast - 22.4 miles

Situated centrally to the 13.62 Acre (stms) plot we are delighted to present to the market Topcroft Lodge & Oscars Barn. An exciting opportunity to aquire this charming Grade II Listed, 17th Century former Hunting Lodge boasting superb equestrian facilities, formal gardens and Detached Barn Conversion providing secondary accommodation ideal for multi generational living, staff or a rental/holiday let income. Topcroft Lodge itself boasts over 4000 sq.ft of accommodation offering six bedrooms, four bathrooms, four reception rooms, family kitchen/breakfast room and a range of utility areas. Oscars Barn provides 1275 sq.ft of accommodation, boasting open plan, kicthen, dining & living on the ground floor with a delightful conservatory addition, on the first floor two large bedrooms and bathroom are found. Outside the exceptional grounds offer formal gardens, paddocks, arena, seven stables, triple garage and open barn to name but a few. Enjoyed over five decades by the current owners this is an opportunity not to be missed.

Topcroft Lodge comprises briefly:
Reception Hall
Drawing Room
Dining Room
Sitting/Day Room
Kitchen/Breakfast Room
Study
Shower Room
Tack Room & Utility Areas
Master Bedroom & En-Suite Bathroom
Guest Bedroom
Four Further Bedrooms
Two Further Bathrooms
Triple Garge & Seven Block Stable
13.62 Acre Grounds (stms) Formal Gardens, Paddocks & Arena

Oscars Barn Comprises Briefly:
Entrance Lobby
Shower Room
Open Plan Living, DIning & Kitchen
Conservatory
Master Bedroom & Dressing Room
Second Double Bedroom
Bathroom
Gardens & Parking within the Main Grounds

Outside
Approaching Topcroft Lodge from one of the two five bar gated entrances on Topcroft Street and Barford Road we are welcomed by the hedge lined driveway that passes the front paddocks and sweeps around this stunning home, passing Oscars Barn, the stable block & garage blocks and the open fronted barn. A wealth of parking is found at the front and rear of the main house whilst ample additional parking serves Oscars Barn and the garage block and barn areas. Vehichular access to all of the paddock areas leads from the drive. Formal gardens surround both Topcroft Lodge and Oscars Barn and offer delightful views over the paddocks in every direction. A pond is set to the front of the main house providing a superb view from the drawing room whilst the extended grounds are split into five main paddocks. Four of these offering approx 2.5 Acre blocks set to the east, south and western boundaries whilst a smaller training paddock sides onto the stable block on the northern boundary. A fully fenced area is set between the rear of the house and the paddocks. The stables are brick and pan tile construction and offer seven individual stalls with a seperate foaling room. Adjoining the stable block we find three garages set adjacent to to the open fronted barn. The tack room forms part of the main house and provides superb dry storage, a toilet and running water.

Location
This stuuning home and on site barn conversion are set in grounds approaching 14 acres, located in the much sought after village of Topcroft. Topcroft is situated 2.5 miles from Woodton Village which provides a primary school, public house/resturaunt, church and active community. The Cathedral City of Norwich lies approximately 13 miles to the north with a mainline rail service to London Liverpool Street (approx 1hr 54 mins) and an expanding airport on the north side of the city with international flights. Southwold and the unspoilt Suffolk coastline is within an easy driving distance, whilst the market town of Bungay is set just 5 miles south, providing a wide range of shops, cafes restaurants and river access.

Fixtures & Fittings
All fixtures and fittings including curtains are specifically excluded from the sale, but may be available in addition, subject to separate negotiation.

Services
Mains electricity
Mains water
Private drainage
Oil fired central heating

EPC Rating: TBC

Local Authority:
South Norfolk Council
Tax Bands:
Topcroft Lodge: G
Oscars Barn: B
Postcode: NR35 2BB

What3Words: ///digesting.cities.pack

Agents Note
It is offered subject to and with the benefit of all rights of way, whether public or private, all way leaves, easements and other rights of way whether specifically mentioned or not.

Tenure
Vacant possession of the freehold will be given upon completion.

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

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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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This is the assumed rate of house price inflation.

Final Property Value

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