Breathtaking £4.5m estate with turret & ‘party barn' once owned by King Charles is on sale – and he can still pop in
ROYAL RETREAT Breathtaking £4.5m estate with turret & 'party barn' once owned by King Charles is on sale – and he can still pop in
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A COUNTRY home previously owned by King Charles III is on the property market, and could be yours for an eye-watering sum of £4.5 million.
The stunning property, nestled within the breathtaking Dartmoor National Park was initially built as a hunting lodge in 1906.
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The estate was sold by King Charles III in 1993
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The home was originally built as a hunting lodge
Credit: propertyphotographic
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It is situated in the stunning Dartmoor National Park
Credit: Jam Press/By Design
The King sold the Edwardian residence in 1993, but he retained fishing rights to the property, meaning the His Majesty could pop round with just 24 hours notice.
As well as a six-bedroom main house with bespoke interiors and period detailing, Brimpstead Estate also two guest cottages, which the estate agents, By Design say are perfect for "family or staff".
The estate also features a "party barn" with a balcony and a garage big enough to fit six vehicles in.
Set within nine acres of private grounds, with a breathtaking wildflower meadow and ancient bluebell woodland, the property is perfect for anyone looking to immerse themselves in nature.
As much of the land still belongs to the Duchy of Cornwall, it is incredibly rare to be able to own a property in the heart of Dartmoor.
The property's current owners have spent 30 years extensively renovating the property, combining the charming original features with luxurious modern additions.
The main house features six bedrooms, five bathrooms and spans a whopping 5,984sq ft.
As soon as you walk through the doors, you are greeted by a huge oak-panelled reception, that doubles as a library.
To one side of the reception is a magnificent drawing room, perfect for entertaining, which opens out in a high-ceiling-ed dining room.
To the other side, the turret room features deep set windows with window seats, perfect for watching the world go by.
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The master bedroom has "exceptional views" across the moors, and the five-oven AGA in the kitchen is perfect for hosting guests for cosy meals.
Other standout features in the house are the curved turret bedroom, the cosy fireplace in the gunroom and the large glass lantern in the breakfast room.
By Design said: "Throughout, the house speaks of a love for materials, light, and proportion.
"Every decision, every finish, and every feature has been chosen with care creating a home that is not just beautiful to look at, but deeply rewarding to live in."
What are the pros and cons of using the Help to Buy scheme?
THE current Help to Buy equity loan scheme sees the Government lend up to 20% - or 40% in London - of the value of your property.
You only need to put down just a 5% deposit for an eligible home - which are new-build properties.
So far, the scheme has helped 313,043 people get on the property ladder and dished out a whopping £18.9billion in loans.
The scheme was launched in 2013 to help low income Brits buy homes much easier.
Although the old Help to Buy scheme let you buy pricier properties anywhere in the UK worth up to £600,000, the new scheme has a lot of merits too.
Here's the pros and cons you should consider when applying for a Help to Buy Equity loan:
Pros You can become a homeowner much quicker: you only have to save up enough money for a 5% deposit, which is half of what you'd typically need to save normally.
Cheaper mortgage rates: applying for a Help to Buy loan means you won't need to take out as big a mortgage as usual - and Money.co.uk says that as your loan to value ratio will be lower, you'll be offered a more competitive interest rate.
You can pay off your loan in chunks: You can essentially buy out the government's stake in your home by buying chunks as big as 10% of your home's value, Money.co.uk adds.
Cons You have to pay interest on your loan after five years: the amount of interest you have to pay back on your loan rises by 2%, at least, each year.
You can only buy a new-build home: Only these homes are eligible to buy through the Help to Buy scheme.
Higher prices: New-builds can often cost more than a traditional property, and the scheme has come under fire in recent times for helping to push up house prices, leaving lower income Brits priced out of the market.
You could be left in negative equity: This is when you owe more money on your mortgage than the value of the property, which as well as leaving you out of pocket, can in turn can make it difficult to sell or remortgage. Experts have previuosly warned that you could be at risk of this if you use the Help to Buy scheme.
The estate is situated in a private area of the Dartmoor National Park, with no public rights of way crossing the land.
Gorgeous woodland paths lead right down to a trickling river, providing a perfect spot or picnics.
The property's current owners said: "It has been our family's sanctuary. A place of laughter, music, and memory.
"From evening gatherings in the panelled drawing room, to quiet mornings in the turret, to watching the sun set from the Shed's balcony Brimptsmead has been a place to live, to love, and to remember."
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King Charles still has fishing rights on the property
Credit: Jam Press/By Design
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The house is up for sale for £4.5 million
Credit: Jam Press/By Design
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