4 bedroom equestrian for sale

£1,500,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

Randalls Residential Estate Agents. A rare opportunity to purchase an individual detached house enjoying a quiet position with lovely open views with about 7.25 acres, stables and a menage. Great scope to extend.

Reception hall, sitting room, dining room, study, kitchen/breakfast room, cloakroom, utility room, workshop, four bedrooms, 2 bathrooms, double garage, swimming pool, stable block, substantial outbuildings, gardens, menage and paddocks, in all about 7.25 acres.

EPC band E.

Basingstoke 6 miles
Newbury 12 miles
London Waterloo from 45 minutes from Basingstoke

Situation

The property is located off Bramley Road between the villages of Little London and Bramley within the catchment of The Priory Primary School. Little London has a village pub whereas Bramley has a primary school, a local shop, a bakery, a public house and a branch line railway station. There is good access to the A340 and the A33 which provides easy access to the M3 and M4 at Basingstoke and Reading respectively, and both these larger towns offer a comprehensive range of leisure, educational and recreational facilities, Basingstoke has a station for Waterloo and Reading a station for Paddington.

The property

Built in the 1980s and coming to the market for the first time, Boars Bridge House offers well-balanced family accommodation of about 2511 sq.ft, including the attached garaging, and offers great scope for extension if required with all the main rooms enjoying lovely views over its own ground and beyond.

On the ground floor, the front door opens to the reception hall from which the staircase rises to the first floor landing. The sitting room has an open fire and french doors opening to the rear terrace and there is a large opening to the adjoining dining room. The dual aspect kitchen has built-in cooker, hob and dishwasher and this too has french doors to the rear terrace. The study overlooks the front garden and drive. There is also a utility room, workshop and a cloakroom.

On the first floor, the master bedroom has an en-suite bathroom. There are three further double bedrooms and the family bathroom. with both bath and shower.

For further details refer to the floorplan.

The garages and outbuildings

There is an attached double garage and extensive parking. The brick-built stable block has plumbing and power and comprises 4 loose boxes with a tack room, cloakroom and feedstore and has an adjoining hay store. The large outbuildings are ideal for use as a home office, gym or hobbies room with the potential for additional accommodation. The rubber surfaced menage measures 40m x 20m.

Outside

The main tarmac driveway leads to both the attached double garage and the stable block whilst a second drive extends beyond the menage to a second, gated exit onto Bramley Road.

The gardens are private and largely laid to lawn. There is a paved terrace on the southern elevation with an oak-framed gazebo and a sheltered swimming pool, a pond and various flower and shrub beds and many mature trees and an orchard.

The land is level, fully enclosed and divided into four paddocks by post and rail fencing, one with a field shelter and each is supplied with water. An overage clause will be added in the event of future residential development.

Services
Mains water and electricity and drainage. Oil central heating to the house and a heat pump for the swmming pool.

Local authority
Basingstoke and Deane Borough Council

Viewing
By prior appointment through Randalls Residential Estate Agents in Basingstoke

Postcode RG26 5EY

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

£ 1256450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 37500
  • 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

£ 131450
  • 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

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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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