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£800,000
Bedrooms
Bathrooms
If you have been hunting for something a little less run of the mill we hope that this individual detached home in Burridge might fit the bill. The plot measures over two thirds of an acre, that is over 550 feet (170m) in length, so there is plenty of room to grow your own fruit and veg, keep a few chickens and still space for kids to have a kickabout, swing etc. The wildflower garden at the rear of the plot backs onto a brook running down to the river Hamble and then to fields giving you a rural outlook, where the deer and other wildlife visit daily. There is a huge amount of parking and a detached garage with power too. The property also comes with a share in a parcel of land on the Hamble riverbank which is a beautiful spot for a walk or maybe a picnic in the summer months.
The property has been extended several times over the years and offers an impressive 1860 sq foot of accommodation, excluding the garage and annex. A recessed porch with steps leads into the entrance hall with two bedrooms and the main bathroom situated at the front, on the ground floor. Bedroom one enjoys its own ensuite shower room and a separate dressing room, whilst bedroom two benefits from a built-in double wardrobe and two storage cupboards.
Off the inner hallway stairs rise to the first floor and doors lead to the kitchen and family/dining room. The family/dining room offers a comfortable sitting area and a very spacious dining room with a woodburning stove that is sure to be the focal point of this house, especially after a long day tending the garden, quality wood flooring makes this a practical space too with double doors at the rear opening onto a small balcony with steps down accessing the garden. The kitchen offers a huge amount of workspace with a double-range oven and a separate utility room off. Youll be pleased to learn that the gas central heating boiler was replaced in 2023.
From the first-floor landing there is a hatch into the front roof space making for easy access storage. Doors open into a further bedroom and a spacious shower room. The piece de resistance of this home must be the first floor sitting room, creatively designed with full length windows looking out to the rear with a Juliet balcony and Velux windows to either side this room is filled with light, and yet it is so private, its just you and the view!
The detached annex offers a host of possibilities, whether for granny, an older child who just wont leave home or as an Airbnb rental, were sure that you will be able to make it work for you. It has a good-sized living room, enjoying a lovely view of the garden, separate kitchen, a double bedroom and bathroom. It has its own heating system so it is self-contained, however planning constraints mean it may not be permanently let or sold as a separate dwelling.
We feel that this really is the perfect location, you can enjoy the best of both worlds, with lovely country and riverside walks on the doorstep yet within a 10 minute drive you can be in the hive of Whiteley Shopping Centre or onto the M27 for your daily commute. Book a viewing and come and explore this lovely property for yourselves.
Other Information:The Annex is separately rated for Council Tax, the Fareham Borough Council states that annexes are exempt from Council Tax if occupied by dependant relatives or where vacant and occupancy is restricted by planning permission.
An annual 15 membership is payable for two shares in Landing Place Ltd in respect of the riverside woodland.
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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