3 bedroom smallholding 307 place of worship for sale

£525,000

3

Bedrooms

1

Bathrooms

Floorplan

Council tax band: E

Rhydyfelin is a traditional 3/4 bedroom Farmhouse with around 8 Acres of level / gently sloping pastureland with extensive outbuildings which includes an attractive stone old Barn (previously an old Mill) with conversion potential (subject to any consents required) and all located a short drive into the market town of Newcastle Emlyn. In the house, there is a lounge, kitchen (which could use a little updating), sitting room (currently configured as a downstairs bedroom), hallway, on the first floor there are 3 bedrooms and a bathroom. Attached to the farmhouse and with its own independent access is the utility with a cloakroom. This area lends itself either to convert into a self contained one bed annex (subject to any consents required) or as a fourth bedroom for the main house. So to conclude, Rhydyfelin provides a traditional 3/4 bed Farmhouse with further potential, two large grass paddocks of around 6 Acres with a further 2 acres of improvable land, extensive useful outbuildings including an old Mill building and all just a 5 minute drive into town.

Accommodation

Entrance via aluminium glazed door into:

Porch

With glazing on two sides, timber glazed door into:

Kitchen

7 6 x 27 7 (2.3m x 8.43m) With 3 windows to side and rear, a range of wall and base units with stainless steel sink / drainer unit, free standing electric cooker, fridge / freezer, "Rayburn" solid fuel cooking range, part tiled walls, door into:

Lounge

13 2 x 13 11 (4.02m x 4.25m) With window to front, wood-burning stove set within a brick and timber surround, two decorative display cupboards, exposed beams, understair cupboard, door into:

Hallway

With front door, staircase to first floor, door into:

Sitting Room

14 1 x 6 11 (4.3m x 2.12m) With window to front, fireplace with cast iron insert and timber surround, exposed beams.

Utility / Cloakroom

15 8 x 12 11 (4.78m x 3.96m) Currently utilised as a utility / cloakroom but could equally be used (subject to any consents required) as a one bedroom annex for an elderly relative with a little re-configuration. There is a door to the front, two windows to rear, sink / drainer unit, space and plumbing for washing machine and tumble dryer, electric panel heater, door into the cloakroom with a low level WC. Alternatively, the adjoining lean-to could be used to house the utility equipment and the current utility could be used for other purposes if required.

Hallway

With access to all rooms including:

Master Bedroom 1

12 11 x 15 8 (3.94m x 4.79m) A good sized room with 3 windows to front, side and rear, access to loft space, electric panel heater.

Bedroom 2

13 10 x 12 3 (4.23m x 3.74m) into recess

With two windows to front ans side, 2 built-in wardrobes, access to loft space, electric panel heater.

Bathroom

With window to front, panelled bath, low level WC, pedestal wash hand basin, bath with shower over with rail and curtain, part sloping ceiling.

Bedroom 3

10 9 x 7 3 (3.3m x 2.23m) With window to front.

The Outbuildings

Extensive range of outbuildings which includes:

Detached Double Garage (8.90m x 5.86m) - with two up and over doors.

Substantial Brick Built Range - split into one large open plan area used for wood storage with concrete flooring and two smaller units on the end.

Stone Mill House Building - this building has huge potential (subject to any consents required) with two doors to the front, lean-to on the left hand side with window to rear, currently used for storage. This building has been re-tiled not so long ago and would make a lovely little holiday let or annex with lawned gardens to side and rear.

Dutch Barn - on two levels, one accessed from the roadway and the other from the concrete yard area.

Block Lean-To - still with 26 cubicles in situ, two access gates either end of the building.

Block Built Implement Shed - open fronted with concrete flooring.

Detached Block Built Unit - split into two with three access doors.

The Land

Split into two main grassed paddocks of similar size with access from the home farm and from the Council roadway both with stream boundary and amounting to some 6 acres or thereabouts as well as a further 2 acres approx of improvable land.

General Information

Viewings: Strictly by appointment via the agents, The Smallholding Centre or our sister company Houses For Sale in Wales.

Tenure: Freehold

Services: Mains electricity (our vendor has advised that the property has been re-wired), mains water, private drainage (septic tank),

Council tax Band: E, Carmarthenshire County Council

Directions

From Newcastle Emlyn go up past the Secondary School / leisure centre and continue on through Penrherber and continue until you drop down a steep hill and you will see Rhydyfelin on your right hand side, denoted by our For Sale board.

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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

£ 435825

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
    £ 13125
  • 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

£ 42075
  • 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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  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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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Total Profit

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  • Final Equity Profit
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  • Cumulative Rental Profit
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Final Property Value

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