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£850,000
Bedrooms
Bathrooms
This exceptional property is located on the edge of Norton, situated between Cheltenham Spa, Tewkesbury, and Gloucester. The semi-rural village benefits from a sought-after primary school, and there are a couple of very popular restaurants close by, Commuting is made easy having great links to the M5 and A419 leading out to the M4.
The exclusive development was completed in 2021, comprising of just five barn style homes. The Willows is positioned to the rear of the cul-de-sac and benefits from a desirable position, set away from passing traffic, and having far reaching westerly views across open farmland to the rear. This really is an exceptional spot! The property provides a well-thought layout and high-quality fittings throughout. There is a high-end mix of heavy Oak, Granite, brushed alloy, and Limestone. Large glass panels, and bi-fold doors bring an abundance of natural light cascading through the property, and the westerly aspect means all rooms are well lit late into the evening.
On entering the property, you are greeted by a two-storey entrance lobby, overlooked by an impressive gallery landing, A stylish Oak and glass staircase leads upwards, whilst a Limestone floor warmed by wet under floor heating lead through to a boot room, cloakroom, living room, and kitchen dining room. A personal favourite is the large glass panel and glass sliding door separating the entrance lobby and formal dining area. This stunning feature boasts uninterrupted views across the garden, and out into the countryside.
The living room has a double aspect and bi-fold doors into the rear garden. An adjustable flame Dru Fireplace has been installed and is part of Drus high-end Maestro Design Series. The kitchen dining room provides excellent proportions for entertaining and family living. Bi-fold doors take in the views, and there is a practical layout for formal dining, breakfast, and food preparation. The central island and accompanying surfaces are Quartz and there are a host of integral AEG appliances, included a Blanco hot tap, and wine fridge. All the white appliances are in located in an adjoining utility room. Upstairs there are four double bedrooms, all of which overlook the rear garden and enjoy the exceptional views across open farmland. Bedrooms one and two have en-suite facilities, and the master a large walk-in wardrobe. They also feature French doors onto a Juliet style balcony taking in the views. The family bathroom provides a standalone composite bath and separate shower. The huge loft space has been boarded, has two westerly Velux windows, and has power and lighting already installed. (This space provides an exciting opportunity subject to planning). Outside provides a crisp landscaped frontage, additional driveway to the side, and an attached double garage with power, lighting, and ample storage space in the roof eves. The landscaped rear garden features a large well-kept lawn, and a stylish patio area idea for sunny evenings.
NB. DIRECTIONS - When heading from Tewkesbury toward Gloucester, please follow past the New Dawn Inn, past the right-hand turn into central Norton, and the property can be found around a hundred yards on the right-hand side.
Communal Maintenance - 50 per month paid into account held by the five properties.
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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