A RESIDENTIAL INVESTMENT OPPORTUNITY PRODUCING AN INCOME OF ABOUT £36,000 PER ANNUM
Springfield is a substantial 6 bedroom detached chalet style home incorporating an attached 2 bedroom annexe/studio, a detached cabin and a detached 3 bedroom bungalow of over 1000ft², all standing on a site extending to over 0.7 of an acre, in a popular village between Ringwood and Wimborne and about 20 minutes from the Poole/Bournemouth conurbation.
Springfield represents an opportunity to acquire a large family home with an income stream via airbnb or long term letting on an assured shorthold tenancy (AST).
Built as a bungalow in the 1960s, Springfield has been substantially extended and refurbished. Connected to all mains services, the house is of traditional construction, with rendered elevations, a plain tiled roof (with 2 A-frame dormers), gas central heating and UPVC double glazing. The accommodation is well presented, with a good standard of internal decoration, floor coverings, kitchen and bathroom fittings.
The particularly well presented, 2 storey attached annexe was converted from garaging/storage, and has an estimated rental value of £10,000 - £14,000 per annum.
The detached bungalow (known as The Stables) was built in 2018, and is of cavity construction with timber boarding under an insulated, trussed, concrete tiled roof. It has mains electricity, water and drainage, and electric heating, and an estimated rental value of £18,000-£22,000 per annum.
We estimate that the 1 bedroom, 1 bathroom detached cabin will have an income of about £5,000 per annum.
There is extensive parking space, and a small, fenced paddock with 2 polytunnels.
A covered entrance way with a stone floor leads to an L-shaped entrance hall with double coat cupboard and under stairs storage space. The spacious living room has 2 double glazed windows overlooking the driveway. A wide archway leads to a superb, spacious kitchen/dining room with patio doors to the rear garden, an excellent range of work surfaces, base units and drawers, stainless steel sink, twin Zanussi fan ovens, 6-burner hob and extractor, stainless steel splashplate, integrated dishwasher, space for American style fridge-freezer and ceramic tiled floor.
There is a separate utility room with circular stainless steel sink, worktops, base and wall units, wall mounted Baxi gas boiler, ceramic tiled floor and door to the rear.
Bedroom 3 is a spacious double room with a box bay window to the front. Bedroom 4 is also to the front, and there is a bathroom with bath (with shower above), wash basin, WC and tiled floor.
A staircase (with half landing) leads to the first floor landing. There is an impressive, 21ft principal bedroom with a high vaulted ceiling, large windows to the front and rear, superb view over the garden and woodland beyond, a walk-in wardrobe, access to eaves storage space, and an en suite bathroom with bath, wash basin, WC, rooflight and access to eaves.
Bedroom 2 is a spacious bedroom with access to eaves storage, and there is a family shower room with shower cubicle, wash basin, WC, rooflight and tiled floor.
The property is approached through 2 tall brick piers which lead into a large tarmac courtyard with space for 8-10 vehicles/boats/caravans etc. The front garden is enclosed by an established conifer hedge, close boarded fencing and bamboo. The rear garden is laid to lawn with paved terracing, decking and close boarded fencing.
There is access from the hallway of the main house to a large kitchen/breakfast room with stainless steel sink, work surfaces, base and wall units and drawers, fan oven, 4-burner gas hob, extractor, splashplate, space for fridge-freezer and dishwasher, quality flooring, and utility area with wall mounted gas boiler and space for washing machine
There is a ground floor shower room with corner shower cubicle, wash basin, WC and towel radiator.
The spacious living/dining room has quality flooring and double doors to a rear terrace. Bedroom 2 is a double room to the front. A staircase leads to the first floor landing. There is a spacious bedroom with a superb view of the garden and woodland beyond, and a bathroom with bath (with shower over), wash basin (with cupboards beneath), WC and walk-in storage cupboard.
The annexe garden is enclosed by close boarded fencing and has a small, flat lawn and a large paved terrace.
THE BUNGALOW (THE STABLES):
From the main driveway, a separate driveway enclosed by post-and-rail fencing and flanked by woodland leads through tall electric gates to the bungalow.
There is an impressive kitchen/living area with a vaulted ceiling and space for 2 sofas, overlooking the front garden. The kitchen has an excellent range of work surfaces, base cupboards and drawers, 2 wall cupboards, fan oven, 4-plate ceramic hob, extractor unit, space for dishwasher, fridge and quality flooring.
A walkway leads to a long inner hallway, off of which there is a utility room (with worktop, space for washing machine and freezer, casement door to outside) and cloakroom with WC and wash basin.
There are 3 bedrooms to the front, including a principal bedroom with en suite shower room, and a fully tiled bathroom with bath (with shower above), twin basins and WC.
DIRECTIONS: From the roundabout in Three Legged Cross village, proceed towards Ringwood for a few hundred yards, and Springfield can be found on the right hand side.
COUNCIL TAX: Band F