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£275,000 Guide Price
Bedrooms
Bathrooms
OFFERED WITH NO ONWARD CHAIN is this semi-detached cottage, situated within the desirable village of Shipton Gorge and in a designated conservation area. While in need of a renovation, the home offers incredible potential to become a charming and cozy home, with wonderful views over the countryside creating a peaceful and picturesque setting, an enclosed side garden providing a private outdoor space and a detached garage. Inside, accommodation comprises of two reception rooms, kitchen, two double bedrooms and bathroom. EPC rating F.
Situation - St Francis Cottage is located within Shipton Gorge, a charming village situated just under three miles east of the vibrant market town of Bridport. Shipton Gorge is a peaceful and picturesque village nestled in an Area of Outstanding Natural Beauty, set in the heart of the Bride Valley. The village has earned numerous community awards, including the title of Best Small Village in Dorset. It boasts a community-run Orchard and Village Pub (The New Inn), creating a strong sense of local connection. Residents and visitors alike can enjoy a variety of countryside walks, bridleways, a playing field, and a village hall. The stunning Hive Beach at Burton Bradstock is just a short distance away, and nearby schools are Burton Bradstock Primary and Sir John Colfox, located in Bridport.
Accommodation -
Ground Floor -
Entrance - A small entrance porch creates a space to decant outdoor wear before heading into the sitting room, first of two reception rooms.
Reception Rooms - The sitting room features a large fireplace and characterful wooden beams. An opening leads through to the second reception room, offering versatile use but with space for a dining table and chairs if desired.
Kitchen - The kitchen is fitted with a range of white wall and base level units with tiled splashback. Integral appliances include a single oven and hob.
Bathroom - Completing the ground floor is the bathroom, located adjacent to the kitchen and furnished with a suite including a bath, WC and wash hand basin.
First Floor -
Bedrooms - Both bedrooms are double in size whilst bedroom one further benefits from a selection of fitted wardrobes.
Outside - Externally, the home enjoys an enclosed side garden, with a variety of shrubs and trees and laid predominantly to patio. There is a detached garage also at the property.
Agents Notes - Please note the property is sold as seen.
Please also note the property is accessed via a private drive.
This property has an energy rating of F, meaning It cannot be let.
Flood Risk - Enquire for up-to-date details or check the website for the most current rating.
Broadband - At the time of listing, both standard and superfast broadband are available.
Mobile service indoor is listed as limited and outdoor is likely.
For up-to-date information please visit
Services - Mains electricity, water and drainage are connected. Partial night storage heaters.
Local Authorities - Dorset Council
County Hall
Colliton Park
Dorchester
Dorset
DT1 1XJ
Tel:
We are advised that the council tax band is D.
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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