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£750,000 Guide Price
Bedrooms
Bathrooms
Offered with no forward chain and INCOME POTENTIAL is this impressive Grade II listed family home is situated within a conservation area in the delightful village of Milborne St Andrew. Offering versatile and plentiful accommodation including five ensuite bedrooms, three reception rooms, a fabulous kitchen/diner and a utility room. This beautifully presented home boasts stunning gardens, a double garage, good-sized outbuilding, currently used as a gym, and generous parking area for approximately 8 cars.
Situation - Milborne St Andrew is a picturesque village nestled in the heart of the Dorset Downs. With a rich history dating back to Saxon times, the village features charming thatched cottages, a historic church dedicated to St Andrew, and a strong sense of community. It lies along the A354 road, providing easy access to Blandford Forum and Dorchester. Surrounded by rolling countryside, Milborne St Andrew is a peaceful yet well-connected rural retreat, offering a blend of traditional charm and modern amenities including a playgroup, Primary School, The Royal Oak pub, a church, doctors surgery and a general store. There is a regular village magazine, distributed free of charge to every household monthly, detailing up-to-date local news and information about local events, businesses, clubs and societies. The Business Park, on the edge of the village, hosts a variety of local, regional and national enterprises. Currently there is a bus service along the A354 provides links with Dorchester and Blandford Forum and beyond to Weymouth and Salisbury.
Key Features - Entrance to the property is via an impressive hall with tiled floor. The ground floor boasts three reception rooms to include the lovely garden room with French doors opening onto the rear garden. There is a characterful farmhouse style kitchen dining room with Aga, double Butler sink and tiled flooring The room is dual aspect with natural light flooding the room. The generous snug boasts an attractive fireplace with log burner and surround and feature wooden floorboards. A set of stairs leads to the principle bedroom. The sitting room, a further well-proportioned room, has stunning open fire with feature surround. Bedroom two, is also on the ground floor, with en-suite shower room facilities and fitted wardrobes accessed easily via the garden room.
The first floor is home to two further good-size bedrooms, each with stylish en-suite facilities and a range of fitted wardrobes.
The second floor has been designed to offer a one-bedroom living space with generous bedroom, kitchen/breakfast room and shower room. The style and character are enhanced with the exposed beams.
The property is approached via wooden gates opening onto an extensive driveway providing parking for several vehicles. There is a double garage and further outbuilding, currently set up as a gym.
The property boasts an impressive and beautifully landscaped part walled garden, mainly laid to lawn with a variety of mature trees and shrubs. The secluded garden has been excellently designed to offer both open spaces and more private areas, with a terrace patio to the rear of the house. The dual levelling creates dimension and a visual appeal to this stunning outside space. There is an extensive area to the side, previously an extensive vegetable garden and a greenhouse.
Agents Notes - There is an application on the outskirts of the village for 70 dwellings. As decision is yet to be made. Details can be found on the Dorset Council website under planning number P/OUT/2024/02874
Flood Risk - Enquire for up to date details or check the website for the most current rating.
Local Authorities - Dorset Council
County Hall
Colliton Park
Dorchester
Dorset
DT1 1XJ
Tel:
The council tax band is F
Viewings - Strictly by appointment with the sole agents:
Parkers Property Consultants and Valuers
Tel:
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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