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£1,350,000 Guide Price
Bedrooms
Bathrooms
Randalls Residential Estate Agents. A spacious extended country cottage offering flexible 6 bedroom family accommodation in about 2 acres with extensive garaging and stabling.
Reception hall, cloakroom, 2 sitting rooms, dining room, family room, 2 kitchens, utility room, master bedroom with en-suite dressing room and bathroom, guest bedroom with en-suite bathroom, four further bedrooms, 2 further shower rooms. Stable block with 3 loose boxes, 2 stores and hay barn. Garage block with four garages, cloakroom and large first floor room above. Gated driveway, yard, gardens and paddocks, in all, about 2 acres.
EPC Band E
Basingstoke 6 miles
Newbury 12 miles
London Waterloo from 45 minutes from Basingstoke
Situation
Pamber Place Cottage enjoys a rural position in the hamlet of Pamber End to the north of Basingstoke yet is within walking distance of both the highly regarded Priory School and the Queens College Arms public house. There are excellent country walks right on the doorstep.
Basingstoke itself offers a comprehensive range of leisure, recreational and educational facilities. There is good access for commuting with the M3 and M being a short distance away, and the mainline railway station in Basingstoke provides fast and frequent services to London Waterloo.
The property
Dating from early last century, Pamber Place Cottage has been extended and modernised and now offers comfortable accommodation of about 2.926 sq.ft. This is very flexible and would lend itself to multi-generational living or the creation of a self-contained annexe. Standing in just over 2 acres it has two paddocks, a stable block and yard for equestrian uses, and for the car enthusiast there is extensive garaging and gated driveway parking.
On the ground floor, there is a sitting/dining room and main sitting room both with fireplaces, a smaller sitting room with a log burner and a family room. There are two kitchens, one in a farmhouse style with aga and door leading to a lovely veranda and the other fully fitted. There is also a utility room and cloakroom.
Two staircases rise to the first floor. The master bedroom has an en-suite dressing room and bathroom, and the guest bedroom has an en-suite bathroom. There are four further bedrooms and two shower rooms.
For further details please refer to the floorplan.
Outside
The mature gardens extend right around the house. These are level and principally enclosed by mature hedging which affords total privacy and level and primarily laid to lawn with flower and shrub beds and borders, a pond and a productive vegetable garden with greenhouse.
Gated access leads to both the drive and the yard. The garage block had four garages a washroom with WC and a large first floor room. The stable block has three loose boxes, a tack room, a store and has an adjoining hay barn. The paddocks are fully fenced.
Services
Mains water, drainage and electricity. Gas (Propane) central heating.
Local authority
Basingstoke and Deane Borough Council
Viewing
By prior appointment through Randalls Residential on
Postcode to RG26 5QJ
Map location is not available for this property.
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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