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| Client(s) | Mr S & Mrs A Filbey |
| Client(s) Address | 6 Atholl Street, Peel IM5 1HQ |
| Date of Inspection | 13th August 2018 |
| Address of Property | 21 Christian Street, Peel |
| Inspected by | A W Berry |



NAME OF VENDOR AND/OR SELLING AGENT: Propertywise PURCHASE PRICE: £125,000 PROPERTY TYPE: Mid terrace two storey cottage with an attic and a conservatory extension. DATE BUILT (APPROX): Presumably pre 1930s. LOCATION: Predominantly residential area of similar/compatible properties close to the town centre and all usual amenities. TENURE: Assumed to be freehold.
FURTHER DETAILS IF LEASEHOLD: N/A
For the purposes of this report the terms left and right hand are taken as viewing the property from Christian Street.
The weather was dry and bright. Our inspection was limited by the contents, by floor, wall and ceiling coverings, by dry-linings to part etc. There is no access to the roof undersurface.
Rendered solid stone/random rubble walls beneath a purlin framed pitched roof clad with plain tiles. There are rendered masonry party wall chimney stacks, rainwater goods are of u.P.V.C. and fascia and barge boards are of softwood. Windows are variously timber and u.P.V.C. framed double glazed fixed and casements with a Velux double glazed skylight and the front entrance door is presumably the original softwood single glazed type. Floors are of suspended timber construction except for the ground floor which is presumably of solid concrete. The conservatory has cavity blockwork base walls, u.P.V.C. framed double glazing and a polycarbonate roof.
Ground floor: Sitting room with a solid fuel stove, a kitchen with built-in units and limited headroom and a conservatory which also contains a W.C.. First floor: Small landing, a bedroom, a dressing room and a shower-room/W.C.. Second floor: Attic room with limited headroom. Outside: The property fronts straight onto the pavement and at the rear is a small yard with masonry boundaries.
No off road parking facility.
Mains water, electricity and drainage are connected. The electricity meter and circuit breakers are in a cupboard within the kitchen.
Directors: Andrew Berry BSc. FRICS & Kate Mulhern BA PGDip.Surv. MRICS ACA Berry & Co. Ltd. Isle of Man Co. Reg. No: 111846C. VAT Reg. No: 002 3740 30 Berry & Co is the trading name of Berry & Co Ltd. Registered office 15-17 Duke Street, Douglas, Isle of Man IM1 2BB
An old Velair oil fired central heating boiler, also within the kitchen, serves the steel panel radiator heating system and presumably in conjunction with an old copper hot water cylinder within the bedroom, the domestic hot water system. Please note that the shower room lavatory appears to be of the macerator type.
ROAD ADOPTION: Adjacent roads are made and adopted. GROSS EXTERNAL FLOOR AREA (APPROX): 980 sq ft (91 sq m.). ESTIMATED RE-BUILDING COST FOR INSURANCE PURPOSES: £270,000.
This generally appears to be satisfactory for its type and age but we have the following comments:
Directors: Andrew Berry BSc, FRICS & Kate Mulhern BA PGDip Surv. MRICS ACA Berry & Co. Ltd. Isle of Man Co. Reg. No: 111846C, VAT Reg. No: 002 3740 30 Berry & Co is the trading name of Berry & Co Ltd. Registered office 15-17 Duke Street, Douglas, Isle of Man IM1 2BB
This does not imply freedom from dampness elsewhere and we suspect that sources of dampness are falling, penetrating and rising together with possible plumbing leaks. We strongly recommend that you should obtain a report on the whole property from a reputable damp and timber treatment specialist.
Other faults sometimes/typically found in this type and age of property include lintel deterioration, weakened masonry and timbers, conservatory leaks, window defects including failed double glazing seals etc..
This report does not imply freedom from other defects.
COPY FOR YOUR INFORMATION
You are strongly advised to obtain reports/quotes etc. for remedial works before entering a binding contract to purchase.
You should inform your insurer that the property is on a sloping site with retaining walls.
You should ask your legal adviser to confirm by enquiry that all necessary consents for alterations and extensions including the provision of the shower room, the conservatory and ground floor W.C. have been obtained and complied with.
We understand that the proposed purchase price is now £125,000.
Comparable evidence of relatively recent sales of broadly similar properties indicates that if in generally good condition this property would have a market value in the region of £150,000 thus allowing you in the region of £25,000 to raise it to this condition.
You should be aware that demand for one bedroom properties is limited and it would be a benefit if the property could be re-designed to provide a proper second bedroom. Indeed, the current dressing room could be classified as a bedroom if an en-suite shower room/lavatory facility could be provided off the principal bedroom but you would need to discuss this possibility with an architect.
If you have not already done so we suggest that you should view as many similar properties as possible to ensure that you are purchasing the most appropriate property for your purposes.
We shall be pleased to discuss the valuation and any other aspect of this report with you if you wish.
We trust the information provided is satisfactory for your current purposes but please contact Berry & Co if you have any questions or if any additional information is required.
A W Berry
for and on behalf of Berry & Co. Limited Directors: Andrew Berry BSc, FRICS & Kate Mulhern BA PGDip.Surv. MRICS ACA Berry & Co. Ltd. Isle of Man Co. Reg. No: 111846C, VAT Reg. No: 002 3740 30 Berry & Co is the trading name of Berry & Co Ltd. Registered office 15-17 Duke Street, Douglas, Isle of Man IM1 2BB
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