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£2,000,000 Guide Price
Bedrooms
Bathrooms
Randalls Residential estate Agents. An exceptional detached village home standing in large private gardens offering spacious 5 bedroom accommodation with annexe potential.
Reception hall, sitting room, dining room, garden room, kitchen/family room, two studies, utility room, boot room, master bedroom with en-suite dressing room and bathroom, four further en-suite bedrooms, family bathroom, hobby room,
Detached triple garage with adjoining workshop and cloakroom and with gym above offering annexe potential.
EPC band C
Basingstoke 3 miles
London Waterloo from 45 minutes
SITUATION
The property is located off Cranes Road in the centre of Sherborne St John, a popular village situated just to the North of Basingstoke. The village itself has a highly regarded Primary School, Church, village shop and Public House, whilst nearby Basingstoke offers a far more extensive range of leisure, recreational and educational facilities.
The location is excellent for commuting being within easy access of the M3 via Junction 6, and the mainline railway station in Basingstoke provides fast and frequent services to London Waterloo.
THE PROPERTY
Meadow House has been carefully nurtured and improved by the current owners over the last 26 years. It is now a very impressive village home discretely located in the heart of the village standing in lovely, landscaped garden of about 0.75 acres and offering exceptional accommodation.
On the ground floor, the front door opens to the reception hall with staircase rising to the first floor and lift to both first and second floors. Both the sitting room and dining room overlook the front garden whilst the heart of the house is the spacious kitchen/family room. Ideal for entertaining this is fully fitted and dual aspect with French doors opening to the rear terrace overlooking the rear garden, and has underfloor heating. There is a walk-in pantry, a utility room, a boot room, a cloakroom and two studies.
On the first floor, the master bedroom has an en-suite dressing room and bathroom. There are four further en-suite bedrooms and a family bathroom.
On the second floor, there is a useful hobbies room.
For further details please refer to the floorplan
OUTSIDE
The property is set back from the road behind a brick wall and approached over a gated driveway which leads to the detached triple garage with workshop and gym above.
To one side is a large, paved terrace, part covered with an impressive garden room overlooking the rear garden.
The landscaped garden is a delight. Fully enclosed with many trees offering a high degree of privacy there are areas of lawn with paved paths leading around sculptured flower and shrub beds and borders and there is a tree house, sheds and a greenhouse. The statuary will be excluded from the sale.
Additional Information
Services
All mains services are connected. Gas central heating. Stand-by generator.
Tenure
Freehold
Local Authority
Basingstoke and Deane Borough Council
Viewing
Strictly by appointment through Randalls Residential Estate Agents in Basingstoke
Postcode RG24 9HY
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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