5 bedroom detached for sale

£1,750,000 Guide Price

5

Bedrooms

4

Bathrooms

Floorplan

A stunning unlisted 18th century barn conversion set within 8.5 acres on the edge of the village of Framfield.

Description: - Rowland Gorringe is delighted to be marketing this beautiful unlisted 18th Century Sussex Barn, set within 8.5 acres of stunning Sussex countryside, with a mix of paddocks, woodland and formal gardens.

The main barn itself, which has been lovingly and respectfully restored and extended, offers just under 3800 sq ft of versatile accommodation laid out over two floors and features, in brief, an open plan living/dining room with impressive vaulted ceilings, criss-crossed with oak beams, and there are a pair of full-height windows with French doors set into the barns cart doors. The country kitchen/diner with an AGA and separate Range cooker, over looks the formal gardens, and flows through to the utility room. A modern edition to this incredible barn, is a large garden room, which is fantastic for entertaining and features a vaulted ceiling, exposed beams and a wood burner.

Above the main reception area is a mezzanine sitting room, which gives access to the dual aspect master bedroom, with large en suite bathroom. Bedrooms two, three and four can be found in the former cow sheds, two of the doubles featuring en suite bathrooms, and all benefitting from access out onto the rear garden. The third bedroom could easily be divided to add a fifth double and has a separate shower room.

Moving to the outside, the property is set within eight and a half acres of tranquil countryside, in which you will find a collection of outbuildings, including, stables, a pole barn and reindeer barn and an annex, which is a beautifully constructed oak framed barn consisting of 2 garages, kitchen/living room on ground floor and storage above at present but could be utilised as additional living space as needs require subject to the necessary planning permission.

EPC - E
Council Tax Band - H

Location: - Old Brookhouse Barn is situated on the outskirts of the highly sought after village of Framfield with its village school and public house and within a couple of miles or so of the larger town of Uckfield with its comprehensive range of shopping facilities including two super markets, schooling for all ages, restaurants, public houses and mainline railway station with commuter links to London Bridge.

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

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£
£
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Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1480200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 43750
  • 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

£ 167700
  • 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.

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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
    £

    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

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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