5 bedroom farm house for sale

£1,000,000 Offers in excess of

5

Bedrooms

Accommodation comprises:

The Farmhouse
Entrance Lobby and Inner Hall
Sitting Room
Dining Room
Kitchen/Breakfast Room
Utility, Boot Room & Ground Floor Shower Room
Ground Floor Bedroom/Study
First Floor - Three generous Double Bedrooms
En-suite Shower Room & Bathroom
Second Floor-
Two Further Generous Double Bedrooms
Bathroom

Barn
Over 6000 sq. ft. Modern Barn- Suitable for Many Uses- Workshop/Garaging/Storage Facility

Plenty of Parking
Plot of 3 1/2 Acres to Include Formal Gardens, Pond and 2 acre Post & Rail Paddock, Stable Block
Oil Fired Central Heating
Double Glazed Windows and Doors

The Property
White House Farm is an extremely well presented Grade II Listed detached farmhouse set back from the road by a long gravelled driveway with a wealth of character, further upgraded to provide a truly beautiful and stunning property with well kept gardens and land. The property also includes a large modern barn which offers an opportunity to utilise for work or hobbies. There are two generous reception rooms to the front overlooking the grounds, both have inglenook fireplaces with wood burning stoves and exposed wall and ceiling timbers, which are in great evidence throughout. There is also a study which could also make a downstairs bedroom or play room, if needed. A hallway gives access to a utility room and then onto a wonderful stylish kitchen which the owner has recently upgraded to include a central island to complement the existing well fitted kitchen units with a quartz worktop, the sink has a Qettle tap which provides chilled and boiling water, an Esprit range cooker along with a separate built-in oven, induction hob, dishwasher and fridge freezer. Leading out from the kitchen is a rear entrance lobby which provides a useful boot room and there is also a shower room. The first floor consists of three double bedrooms, all of which have generous proportions. There is a bathroom and en-suite shower room with high end stylish fittings. The second floor also provides two generous double bedrooms with a bathroom in between with a free standing bath and separate shower, this room can be accessed by both bedrooms. The property has the benefit of oil fired central heating with a newly installed pressurised system and radiators throughout with quality floorings and sanitary fittings.

Gardens and Grounds
The property is approached over a long gravelled driveway which is shared and owned by the neighbouring barn conversion which is located close-by. Then a private drive leads onto White House Farm, there is a two acre paddock to one side and the drive sweeps past the front of the house, where there is a large hard standing area to the side, providing plenty of parking. The extremely well tendered garden can be found on three sides with lawns to the front and side with a large pond with well established flower and shrub borders and immediately behind the house is an attractive enclosed sandstone paved area, ideal for al fresco dining. A deep lawned area to the rear provides a vegetable garden. A large shingled fully fenced dog proofed area, accessed via a five bar gate and a single side gate leads to a stable block containing three loose boxes and a tack room. The large barn has water and electricity connected and offers plenty of potential for business or pleasure with appropriately 6000 sq. ft. to utilise, there is a mezzanine floor which could also provide office space.

Location
Rumburgh is a small rural village just ten minutes drive from the market town of Halesworth, the village also has the benefit of a very popular public house The Buck Inn. The nearby town of Halesworth provides many independent shops, Primary schools, public houses, restaurants, doctors, vets and a supermarket. It has a thriving centre of arts for the community called The Cut which is used as a theatre, cinema, exhibitions and workshops. There is a train station with services to London Liverpool Street via Ipswich. The unspoilt heritage coastline of Suffolk with the lovely beaches of Southwold and Walberswick are a twenty minute drive away.

Fixtures and Fittings
All fixtures and fittings are included in the sale.

Services
Pressurised oil fired central heating system. Mains electric and water. Private drainage.

Local Authority:
East Suffolk Council
Tax Band: E
Postcode: IP19 0NG

Agents Note
This property 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.

Features
  • Freehold

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

£ 818950

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
    £ 25000
  • 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

£ 68950
  • 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.

£

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

Notes

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