4 bedroom barn conversion for sale

£549,000 OIRO

4

Bedrooms

2

Bathrooms

2

Reception

Floorplan

Nestled in the picturesque countryside of Lansallos, this delightful semi-detached barn conversion is a dreamy escape from the hustle and bustle of city life. With four generously sized bedrooms, one of which boasts a dressing room, this property is perfect for families or couples seeking a peaceful retreat. The farmhouse style kitchen/diner is just one of the highlights of the home, complete with bespoke units, a traditional Heritage Range and plenty of space to entertain guests. Leading off the kitchen/diner there is a hardwood sun room overlooking the gardens, a superb spot in which to relax and unwind. The characterful sitting room oozes charm, featuring open beams, a reclaimed oak floor and a log burner that creates a warm and inviting atmosphere. The accommodation is completed by two modern bathrooms, one on each floor and a separate wc by the entrance.

Externally, this property showcases the best of Cornwall`s rural charm. The gardens extend to approximately one acre and includes a small paddock making it ideal for those with larger four-legged friends. Accessed from the garden and the lane there is a 30` storage barn perfect for vehicles and with ample room for a workshop and storage.The double glazed hardwood windows and Oil Central Heating make this period property as efficient as it is beautiful. The addition of solar PV with a Tesla home battery and solar water heating further champions this home`s eco-friendy credentials.

This charming semi-detached barn conversion is located in a peaceful area, merely a mile`s walk from the beach. The beach is a hidden gem in Cornwall, an ideal spot for swimming or simply relaxing. The surrounding countryside is home to a variety of walks, with the South West Coast Path providing stunning views of the coastline. Visit the St Ildierna`s Church, a charming Grade I listed building in the heart of the village. The historical building dates back to the 14th century and is noted for its 16th century benches. Meanwhile, the Lost Gardens of Heligan and the Eden Project are both just a short drive away. For those seeking hustle and bustle, Fowey is just four miles away. Known for its narrow streets and boutique shops, the town offers an array of activities and events throughout the year, such as the popular Fowey Regatta that draws in large crowds. The charming harbour town of Looe is just fifteen minutes away by car, home to a beautiful sandy beach and bustling fishing port. Visitors can take a boat trip to nearby Looe Island, spot dolphins, or stroll along the scenic coast path.

In short, this semi-detached barn conversion is a true oasis, the perfect escape from busy life. Boasting eco-friendly features, charming character, and a prime location in the heart of Cornwall`s stunning countryside, this home represents an undeniably unique opportunity to acquire a piece of Cornwall`s rural charm.

Accommodation
Four bedrooms, one with dressing room, shower room, bathroom, sitting room, hallway, landing, kitchen/diner, sun room, cloakroom, pantry.

Gardens
These are in excess of half an acre and include a small paddock, productive vegetable garden and mature fruit trees as well as a lawn adjoining the rear of the property.

Parking
Accessed from the lane and garden there is a 30` storage barn which can be used as a garage, workshop, store etc. Off the lane and adjacent to the boundary wall there is parking for three cars. Further parking could be made available to the side of the barn, if required.

Council Tax
Band D

Tenure
Freehold

Utilities
Mains water and electricity (3 phase connected). Private drainage to a septic tank.
Heating: Oil central heating to a system of radiators + log burner in the sitting room.
Hardwood double glazed windows
Solar water heating, 4kv solar array and 14kw Tesla home battery, 7kw EV charger in the barn.
For information on the availably of broadband and the strength of mobile phone signals please refer to the Offcom checker.

EPC Rating
D61

Access
Level approach from the road to the entrance doors.

Flood Risk
The property is not in Flood Risk Area (Zone 2,3 or 3b)

Planning
We are not aware of planning being granted nearby that would affect this property.

Agents Notes
A covenant prevents the property being used as a commercial holiday let. The lane that leads from the main road to the property is adopted.



Directions
Take the A387 out of Looe towards Polperro, after a couple of miles turn right onto the B3359 signposted Pelynt. In the centre of the village turn left by the church signposted Lansallos. Follow this road out into the country for approximately 2.5 miles, bearing left at the cross road and passing Tratford Farm on your left. You will eventually reach a junction where the road bears left to Lansallos and on the right hand corner there is a property called Higher Polgassic Bungalow. Follow the road around to your right and continue for a few hundred yards. Take the first turning on your right signposted Tregavithick, you will see our for sale board on the corner of the road, continue down this lane and the barn can be found found on your left just after Tregavithick Cottage.



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Notice
IMPORTANT NOTE: Messrs Seasons Estate Agents Ltd for themselves and for the vendors or lessors of this property whose agents they are give notice that: these particulars are set out as a general outline only for the guidance of intended purchasers or lesses, and do not constitute part of, an offer or contract; all descriptions, dimensions, floor plans, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; no person in the employment of Messrs Seasons Estate Agents Ltd has any authority to make or give any representation or warranty whatsoever in relation to this property.

Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None

Other Items
Heating: Oil Central Heating
Garden/Outside Space: Yes
Parking: Yes
Garage: Yes

New Home: Non New Home
Maximum Area (in sq ms) 159 sq ms

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

£ 455625

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 13725
  • 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

Adjust these figures

£

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

£ 43875
  • 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.

£

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.

Total Profit

£
  • Final Equity Profit
    £

    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

£

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

Notes

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