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£500,000
Bedrooms
Bathrooms
Unicorn properties are, as the name suggests, rare and unique entities that we normally can only dream off. We are therefore delighted to bring to the market this stunning period four bedroom detached home which we believe dates back around 250 years.
Originally two separate dwellings the current owners integrated the units and in doing so have created a sympathetic and characterful home. In the conversion the owners have maintained the wood flooring which have been stripped and prepared, beams to three reception areas, kitchen and bathroom fitments in keeping with the style of the home.
Sat on a large plot close to Sandbach there is parking for several vehicles as well as well maintained and presented gardens with patio areas and mature planting. The property is set back from Manor Road and has views towards open fields. This is an extremely private location.
The gravel driveway and path lead to the entrance door which opens into the stripped wood floor lounge and reception area. Wood beams, solid fuel fire and slatted doors complete the homely feel. The dining room has a continuation of the wood flooring and access to the conservatory. The kitchen area has a Belfast sink and traditional units which truly compliment the style of the home together with the stripped wood flooring. There is a useful utility area off the kitchen.
From the reception area you access an inner hall with stairs to the first floor. The principal bedroom is access from this hallway on the ground floor and has an ensuite toilet and handbasin. To the first floor are three further bedrooms and a lovely bathroom with roll top bath and rainfall shower.
The whole home has traditional slatted interior doors, majority double glazed and has gas central heating powered by a recently fitted boiler. The majority of the ground floor has stripped wood flooring.
We love this home as it is truly unique, spacious and beautifully presented. The sizeable garden and easy access to Sandbach make it a true dream home.
Tenure: Freehold,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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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