3 bedroom detached for sale

£795,000 Offers over

3

Bedrooms

2

Bathrooms

Floorplan

A rare opportunity to purchase this attractive three-bedroom cottage set within approximately four acres of land, complete with excellent equestrian facilities, a triple garage, a workshop, four/five stables, and two separate store areas. Situated in a peaceful rural setting, the property offers a superb lifestyle opportunity for horse owners or those seeking a countryside retreat with land.

Internally, the cottage offers generous and versatile accommodation, though it does require modernisation, providing a fantastic opportunity for buyers to update and personalise the home to their own tastes and needs.

At the rear, a large conservatory enjoys views across the grounds and leads into a downstairs toilet. The kitchen/breakfast room connects through to a utility room. and there is an internal rear porch offering additional access and storage. There are two reception rooms, one featuring a traditional inglenook fireplace with a wood-burning stove, ideal for cosy evenings, and the second used as a living room with a feature fireplace and patio doors opening out to the front garden.

Upstairs, the master bedroom benefits from built-in wardrobes, a dressing area, and an en-suite bathroom. Two further double bedrooms, also with built-in wardrobes, are served by a generously sized family bathroom fitted with a white suite including a bath with shower over, toilet, sink, and bidet.

Outside, the plot wraps around the front of the property with a lawned garden, while a gravelled driveway at the rear provides ample parking and access to the triple garage. The equestrian facilities are well laid out, with a stable block of 3 stables, and a further double sized stable that could be divided as two seperate doors. There is a workshop, and two store rooms. The stables are all positioned around a small grassed area that could be used as a turnout space. The land is divided into two paddocks: one measuring approximately three-quarters of an acre, and the other around 3.2 acres, offering excellent grazing and riding space.

With solid potential and rarely available features, this property presents a wonderful chance to create a dream equestrian home. Viewing is highly recommended to appreciate the setting, scope, and lifestyle on offer.

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

£ 658575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 19875
  • 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

£ 62325
  • 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

Adjust these figures

  %

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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