3 bedroom semi-detached for sale

£875,000 Guide Price

3

Bedrooms

3

Bathrooms

Floorplan

Oliver Minton Village & Rural Homes are delighted to offer a rarely available CHAIN FREE equestrian home comprising an attractive 3 bedroom semi-detached house with superb garden, adjacent stables with extensive parking and closeby paddocks extending to nearly 6 acres. Situated within the Arches Hall and Stud Farm complex, this is a wonderful semi-rural location in the hamlet of Latchford just 2 miles to the south of Standon village. Contact our PUCKERIDGE OFFICE for more information on or by emailing

Entrance Lobby - Small uPVC double glazed window to front. Staircase to first floor. Radiator. Doors to Lounge & Dining Room.

Lounge - 5.05m x 4.34m (167 x 143) - A dual aspect room with uPVC double glazed windows to front and rear. uPVC double glazed French doors to rear garden.

Dining Room - 3.81m inc chim breast x 3.76m (126 inc chim breas - uPVC double glazed window to front. Radiator. Wood laminate floor. Fireplace recess. Door to recessed storage cupboard. Door to built-in cloaks/broom cupboard. Door to:

Kitchen - 3.86m x 3.73m (128 x 123) - Fitted wall, base and drawer units. Work surfaces incorporating built-in electric induction hob with extractor unit above and double ovens below. Plumbing for dishwasher and washing machine. Ceramic tiled floor and part tiled walls. Internal sliding windows to Conservatory and multi-pane door to Conservatory. Door to Lobby and Shower Room. Radiator.

Lobby - uPVC double glazed obscure window. Floor-standing Potterton Statesman oil boiler. Ceramic tiled floor. Door to:

Shower Room - Shower cubicle, white WC and pedestal hand basin. Ceramic tiled floor. Radiator.

Conservatory - 3.68m x 3.33m (121 x 1011) - Brick base and uPVC double glazed windows with polcarbonate roof. Double glazed door to garden. Ceramic tiled floor. Radiator.

First Floor - Staircase splitting to secondary landings to left and right.

Landing (To Right) - Access hatch to loft space. Doors to Bedroom One and Bedroom Four/Study.

Bedroom One - 4.39m x 3.18m (145 x 105) - Dual aspect uPVC double glazed windows to front and rear with lovely views. 2 radiators. Door to:

En-Suite Shower Room - Shower cubicle, white pedestal hand basin and WC. uPVC double glazed obscure window. Extractor fan. Heated towel rail. Ceramic tiled floor.

Bedroom Four/Study - 2.06m x 1.80m (69 x 511) - uPVC double glazed window to rear with superb views. Radiator.

Landing (To Left) - Access hatch to loft space. Doors to Bedrooms 2, 3 & Bathroom.

Bedroom Two - 3.86m including chimney breast x 2.84m (128 inclu - uPVC double glazed window to front overlooking stables. Radiator. Double doors to recessed airing/linen cupboard housing hot water cylinder.

Bedroom Three - 3.00m x 2.87m (910 x 95) - uPVC double glazed window to rear. Radiator. Shelved recesses.

Bathroom - White suite comprising bath with hand shower attachment, pedestal hand basin and WC. Extractor fan. Radiator.

Superb Rear Garden - The large garden is a delight and backs down on to adjoining paddocks.

Stable Block - Immediately opposite the house is the stableblock, set back with extensive parking to the front, lawn areas and a 5-bar gate and fencing enclosing the stables. (The blurred out right hand section of the stable block is excluded as this forms part of the Stud Farm premises).

6-Acre Paddocks - Just yards from the house and stableblock are the paddocks, which extend round to the rear of the Paddock View & The Enclosure barn conversions.

Agents Notes - - Oil fired central heating.
- Private Klargester septic tank sewerage system.
- Private borehole water supply within the Arches Hall complex of homes.
- Broadband and mobile phone service availability can be checked at

There is scope for further extension and plans were previously passed in 2019 for a part single storey and part two storey rear extension. Plans would need be re-submitted and are available for inspection - Ref: 3/19/1413/HH

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

£ 724575

Mortgage Loan to Value

%

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
    £ 21875
  • 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

£ 68325
  • 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

£

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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