Are you an Estate Agent? Register here
9 Cross View, Norham
£1,200,000 Guide Price
Bedrooms
Bathrooms
Western House is a beautiful detached family home situated in the heart of the Northumberland countryside, on the edge of the popular village of Lowick. The property is currently divided into two dwellings, Western House and The Coach House. Both properties are fully independent from one another, with separate private entrances.
Western House offers comfortable and elegant family accommodation all in excellent condition over two principal floors and is situated in very private grounds of approximately one acre.
The Coach-House is attached to the east side of Western House. It has its own private front door, parking area and garden; and is currently used as a successful self-catering business by the current owners. The cottage rents consistently all year round and generates over 40,000 of gross income per annum.
PROPERTY DESCRIPTION
Western House is a beautiful detached family home situated in the heart of the Northumberland countryside, on the edge of the popular village of Lowick. The property is currently divided into two dwellings, Western House and The Coach House. Both properties are fully independent from one another, with separate private entrances.
Western House offers comfortable and elegant family accommodation all in excellent condition over two principal floors and is situated in very private grounds of approximately one acre. The property offers 5 spacious bedrooms and 2 family bathrooms upstairs. Downstairs there are two large formal public rooms overlooking the gardens, a spacious family sitting room and newly fitted kitchen breakfast room which includes a range of wall and base units, integral appliances and a beautiful grey slate 6 door AGA. Towards the back of the property is a generous utility room, WC, home gym, home office and plenty of storage. Western House offers beautifully presented garden grounds of about an acre which include a grass laid tennis court, a vegetable garden, stables, and a large newly constructed double garage.
The Coach-House is attached to the east side of Western House. It has its own private front door, parking area and garden; and is currently used as a successful self-catering business by the current owners. The cottage rents consistently all year round and generates over 40,000 of gross income per annum. The Coach-House is thoughtfully laid out and in excellent condition. It benefits from its own separate heating system and oil tank. Although currently completely separate, The Coach-House could easily be incorporated into the main body of Western House if required. The property offers a further 3 double bedrooms (master en-suite), a family bathroom and an open plan kitchen / dining / sitting room.
ACCOMODATION COMPRISES
Western House
Ground Floor - Reception Hallway, Drawing Room, Dining Room, Family Sitting Room, Kitchen/Breakfast Room, Home Office, Gym, Utility Room, Rear Entrance Lobby/Boot Room, Downstairs W.C, 2 x Walk-In Larders, Study.
Half Landing - Family bathroom, Bedroom 5, Linen Cupboard.
First Floor - Master Bedroom Suite, 3 Further Bedrooms, Family bathroom.
Outside - Mature Garden Grounds, Grass Tennis Court, Vegetable & Fruit Garden, Victorian Green-House, Stable Block, Dog Run, Ample Off Street Parking for circa 5 cars, Large Double Garage.
The Coach-House
Ground Floor - Sitting Room, Kitchen, Master En-Suite Bedroom, Sun Room.
First Floor - 2 Further Double Bedrooms, Family Bathroom.
Outside - Ample Off Street Parking, Garden Grounds.
DISTANCES
Wooler 8 miles, Berwick-upon-Tweed 10 miles, Edinburgh 62 miles, Newcastle 53 miles.
(all distances are approximate).
AREA INSIGHTS
Western House is positioned on the edge of the village of Lowick, in North Northumberland, in between Wooler to the south and Berwick upon Tweed to the North. Lowick is a thriving and popular village with an incredibly strong social community centred around it. The village hall has recently been completely refurbished and offer a variety of events which include a heritage group, quilting, a film club and pilates classes. The village also offers some excellent local amenities and facilities such as a well-stocked village shop, a first school and two public houses. A Post Office van visits the village frequently and a mobile library and a fish and chip van also visit the village.
Lowick offers some particularly beautiful walks nearby such as St Cuthberts Cave or on the stunning beaches of Holy Island, Goswick or Ross.
The historic market town of Wooler lies 8 miles due south of Lowick. Wooler offers some excellent local shopping, several public houses and restaurants and a CO-OP supermarket. Wooler also offers access to the Northumberland National Park, the largest national park in the UK and a wonderful place to explore the beauty of the surrounding area.
Berwick upon Tweed is only 10 miles north of Lowick and is famed for its stunning architecture. Berwick has a wide selection of amenities and is well serviced with local and national shops, five national supermarkets and schooling for all ages including a private school at Longridge Towers. Berwick also has a selection of leisure and sports clubs, banks, public houses, restaurants and The Malting theatre and cinema which offers daily shows and movies. There is a main line railway station which has regular trains to both Edinburgh, Newcastle and London, both Edinburgh and Newcastle are sub one hour travel time and London in circa 3 hours 45 minutes. There is also the A1 trunk road which bypasses the town and provides easy access both north and south respectively.
The local area has a wide range of popular attractions and activities including Northumberlands stunning coastline of unspoilt beaches and beautiful landscapes; Lindisfarne National Nature Reserve, Bamburgh Castle and the ancient Border towns of Coldstream, Kelso and Melrose are all within easy reach. Country and sporting pursuits are also readily available, including hill walking, salmon and trout fishing, riding, hunting and shooting. Golf is available locally with Goswick Golf Course being on the door step. Swimming, a gymnasium, squash courts and indoor bowling facilities exist at the new Swan Centre in Berwick-upon-Tweed.
Despite Lowicks proximity to both Edinburgh and Newcastle, the area has a low population and can therefore offer a quality of life that is becoming increasingly rare.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy