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£575,000 Guide Price
Bedrooms
Bathrooms
Description Affording a fabulous lifestyle that, ideal for family living or those looking to downsize, is found in abundance at this considerately modernised and thoughtfully refurbished (2018) semi-detached cottage. Set in an expansive landscaped cottage garden to both front and rear, with immediate aspect over the surrounding farmland, along with views beyond to the adjoining countryside to both the front and rear elevations.
The well balanced accommodation that is light and bright throughout, is as charming as it is practical. This comprises a capacious sitting/dining room with feature fireplace with ornate copper hood/canopy, a southerly aspect, dual casement doors leading to the uPVC framed doubled glazed conservatory with immediate south facing aspect and access to the rear garden.
The kitchen has been refitted with a range of Howdens base and wall mounted cabinets offering ample storage and complimented by broad formica work surfaces at base level, inset one and a half bowl sink unit with tiled splash backs, wood strip effect flooring and built in appliances incorporating Lamona four ring conduction hob with dual ovens below. There is the benefit of a utility area with plumbing for a washing machine and downstairs shower room with WC. Leading from the reception hall with deep under stairs cupboard housing the electric consumer unit, is an easy rising stairwell to the first floor. There is presently a stairlift in situ that is to be removed shortly. The first floor comprises of a galleried landing providing access to each bedroom and the family shower room. With two light and spacious double bedrooms with immediate views of the rear garden and countryside beyond and a trap hatch to an extensive roof void in bedroom one. Bedroom three is presently presented as an office with aspect over the front garden and Church Lane. The shower room is tastefully fitted with a modern shower cubicle, hand wash basin with integrated cupboard below, low level WC and chromium plated heated towel rail. The accommodation throughout is enhanced by oil fired central (Grant external combination boiler) modern uPVC double glazed external windows and doors and new carpets throughout the first floor. A viewing of which is unhesitatingly recommended by the Sole Selling agents, Rowland Gorringe.
A particular feature are the pretty Cottage gardens to the front and rear of the property, with the front garden of open plan, laid to lawn with colourful herbaceous borders and off road parking for two vehicles. A side gate leads to the established rear garden, considered to be of a good size that is completely south facing broad sun terrace area, laid to, lawn with mature trees and cottage style planting to include shrubs, specimen trees and climbers, all enclosed by timber (picket style) & post and mesh fencing. Colour washed timber garden shed, bunded oil tank in deep green.
Services:
Mains water, electricity and drainage. Oil fired central heating is provided by Grant external boiler unit that was commissioned in 2018 and has been regularly serviced thereafter.
Local Authority: Wealden District Council Tax Band E
Directions:
Location:
Ripe village has its own 13th century Parish Church, highly acclaimed Village Store with Post Office and enjoys a thriving social calendar. There is a Nursery School in the village, and a wide choice of schooling for all ages close by. The mainline railway station at Berwick is about 3 miles away connecting to Lewes. There is a half-hourly train service from Lewes to London Victoria in just over the hour. The historic county town of Lewes with its comprehensive shopping and schooling is just 7 miles distant, and the famous Glyndebourne Opera House is about 6 miles away on the edge of Ringmer.
Reception Hall -
Sitting/Dining Room - 7.24 x 3.73 (239' x 122') -
Kitchen - 5.51m x 3.66m (181' x 120') -
Conservatory - 5.90 x 2.71 (194' x 810') -
Shower/Cloak Room (Gf) -
Bedroom 1 - 3.91m x 3.72m (129' x 122') -
Bedroom 2 - 3.68 x 3.15 (120' x 104') -
Bedroom 3 - 2.60 x 2.40 (86' x 710') -
Family Shower Room (Ff) -
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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