4 bedroom detached for sale

£1,000,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

Randalls Residential Estate Agents. An attractive detached period cottage located in the heart of the village with a private south facing garden of about acre backing onto a paddock with NO ONWARD CHAIN.

Reception hall, sitting room, dining room, snug, kitchen, utility room, cloakroom, cellar, four bedrooms, one with en-suite bathroom and another with a dressing room, family bathroom, garden, gated yard with a stable.
EPC Band D.

Basingstoke 5 miles
Newbury 13 miles
Reading 16 miles
London Waterloo from Basingstoke from 45 minutes

Situation

The property is located within the Conservation area of Ramsdell, a small and popular village located in delightful rural countryside some five miles to the northwest of Basingstoke. The village itself has a church and recreation ground with cricket and tennis clubs and childrens recreation area and falls within the catchment area of the highly regarded Priory Primary School. There are some excellent private schools within driving distance.

The nearby villages of Charter Alley, Sherborne St John and Baughurst have public houses and shops, but more extensive leisure, recreational and educational facilities are available within Basingstoke itself. Basingstoke also provides access to junction 6 of the M3 and has a mainline railway station to London Waterloo, and junctions 11 and 12 of the M4 are easily accessible, as are Newbury, Reading and Winchester.

The property

Dating from the 18th Century, The Rose is a notable property and was formerly the village pub. It has been in the same ownership for many years and was extended by the current owners in the early 1980s. It is now a very comfortable family home of considerable character and has a lovely south-facing private garden with backs onto a paddock.

On the ground floor, the front door opens to the reception hall. The dual aspect sitting room has a high ceiling and a fireplace with a log-burning stove and a glazed door opening to the garden. The dining room has a deep bay-window overlooking the garden and a glazed door to the terrace and the snug has a glass door opening to the terrace (this was previously the family dining room and has a hatch to the kitchen). The kitchen is located at the back of the property overlooking the garden and has an adjoining utility room. There is also a cloakroom and a small cellar.

On the first floor, the main bedroom has an en-suite bathroom, the second bedroom has an adjoining dressing room and there are two further bedrooms and the family bathroom.

For further details, please refer to the floorplan.

Outside

Overall, the plot extends to about acre. To the front, there is a gravelled parking area and at the bottom of the garden there is a gated yard with provides additional parking and space for a garage as there is already a shed and a stable.

The garden is a delight, very private and with a southerly aspect over a paddock to the rear (for which an annual grazing licence may be available). There is a sheltered paved terrace adjacent to the house whilst the remainer is largely laid to lawn with a number of mature trees and some shrub and flower beds and a further shed.

Services
All mains services are connected. Gas fired radiator central heating

Tenure
Freehold

Local authority
Basingstoke and Deane Borough Council
Council tax band G

Viewing
By prior appointment through Randalls Residential on

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

£ 818950

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 25000
  • 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

£ 68950
  • 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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