5 bedroom detached for sale

£775,000

5

Bedrooms

4

Bathrooms

3

Reception

Floorplan

Embrace the elegance of a bygone era with Stonecleave a magnificent Portland stone property that stands as a testament to timeless grandeur. Constructed in 1888, this distinguished residence has been noted in the pages of The Buildings of Old Portland by Eric Ricketts. A striking testament to opulence, the imposing detached dwelling boasts five generously-proportioned bedrooms, three captivating reception rooms, and four lavishly appointed bathrooms. There are many fine period features to appreciate, including majestic fireplaces, finely detailed decorative cornicing and quarry tiled flooring. Externally, Stonecleave enjoys a sizeable and beautifully landscaped south westerly garden with ornamental ponds, a substantial outbuilding, currently used as the sellers Man Cave, and off-street parking.

Ground Floor
Upon stepping into the grandeur of "Stonecleave," the striking Entrance Hall sets the tone, with an impressive quarry tiled floor and detailed cornicing. To the front of this remarkable property, two spacious reception rooms beckon, each adorned with striking fireplaces that serve as mesmerizing focal points. The Drawing Room exudes a sense of opulence, with a large box bay window, framed by tall arched stone mullioned windows that invite plenty of natural light. Equally captivating, the Sitting Room stands adorned with tall arched windows complemented by the rustic charm of exposed floorboards.A discrete hallway leads to a well-appointed Shower Room, featuring a wash hand basin and WC. Continuing, this hallway grants access to the side entrance and the Parking Area. To the rear is a useful Utility Room with ample storage cupboards and spacious worktops. This space is not only functional, but also provides a passage to the rear garden.
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Crossing the hallway, you will find a thoughtfully designed Kitchen. A central island unit takes centre stage, incorporating a sink unit and a welcoming breakfast bar. A former fireplace accommodates a range-style cooker, flanked by an extensive range of base and wall-mounted cupboards and drawers.Double doors lead from the Kitchen to the exquisite Conservatory Dining Room which benefits from underfloor heating and large French doors that open to the patio and the sunny rear garden.
First Floor
To the front of the property is the Principal Bedroom. This spacious haven, much like the Drawing Room below, boasts a large box bay window adorned with tall, arched stone mullioned windows, inviting plenty of natural light. The room boasts wall-to-wall built-in wardrobes, thoughtfully designed to offer ample storage space. An adjoining En-suite Shower room adds an element of luxury, featuring a generously sized shower cubicle, a wash hand basin, and a WC.Bedrooms Two and Three, to the front and rear respectively, both enjoy feature fireplaces and built-in wardrobes to one wall.The Family Bathroom is both bright and spacious with a modern bath with shower, his and hers wash hand basins and a WC.
Second Floor
The Second Floor offers Bedroom Four, a good sized double room with Velux roof window and built-in wardrobe and Bedroom Five, a twin room. Completing this floor is a Shower Room with wash hand basin and WC. Additionally, there are several access points on this floor to generous eaves storage.
Outside
Externally, Stonecleave enjoys beautifully landscaped gardens with a generous south west facing rear garden benefitting a well maintained lawn, winding footpaths and flowerbeds with established shrubs and trees. The garden is graced by two enchanting ornamental ponds, each adding its own unique charm. One of these watery sanctuaries is currently home to graceful Koi Carp, whilst the other pond is an oasis of water plants and vibrant lilies.A substantial Portland stone outbuilding stands as a versatile gem within this outdoor sanctuary. Currently serving as the sellers cherished "Man Cave", this space holds potential for various creative endeavours. Whether envisioned as an art studio, a serene home office, annex accommodation or a bespoke retreat, there are numerous possibilities (subject to planning).At the front of the property, a gravel expanse provides convenient off-street parking.
Hallway
Drawing Room
15 1 x 12 4 (4.59m x 3.76m)
Sitting Room
15 1 x 12 3 (4.59m x 3.73m)
Kitchen
16 1 x 12 4 (4.90m x 3.76m)
Conservatory Dining Room
17 7 x 10 11 (5.36m x 3.32m)
Utility Room
10 6 x 10 1 (3.20m x 3.07m)
Shower Room
9 11 x 4 1 (3.02m x 1.24m)
First Floor
Principal Bedroom
15 6 x 13 8 (4.72m x 4.16m)
En-Suite Shower Room
9 11 x 7 3 (3.02m x 2.21m)
Bedroom Two
15 0 x 9 10 (4.57m x 2.99m)
Bedroom Three
15 10 x 9 10 (4.82m x 2.99m)
Family Bathroom
11 2 x 10 2 (3.40m x 3.10m)
Second Floor
Bedroom Four
13 11 max x 9 8 (4.24m x 2.94m)
Bedroom Five
16 6 max x 9 4 (5.03m x 2.84m)
Shower Room
5 10 x 4 11 (1.78m x 1.50m)

Map location is not available for this property.

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

£ 642075

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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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
    £ 19375
  • 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

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£

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

£ 60825
  • Mortgage Interest
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    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)
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  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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Notes

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