5 bedroom detached for sale

£1,100,000 Guide Price

5

Bedrooms

3

Bathrooms

3

Reception

Floorplan

NO CHAIN GUIDE RANGE - 1.1m - 1.2m The Well House is a charming 16th Century, Grade II listed period home located in the sough after village of Long Ashton with five double bedrooms, three reception rooms and superb gardens.

Description
The Well House is a charming 16th Century period home located in the sought after village of Long Ashton. The spacious five double bedroom link detached home offers many original features such as wood panelling, beautiful open fireplaces and exposed beams. Occupancy can be traced back to 1683, making it one of the oldest properties in Long Ashton. The accommodation is laid over two floors with the ground floor consisting of a welcoming entrance hall, living room, dining room and family room, kitchen / breakfast room, utility room and downstairs WC. The first floor offers five bedrooms, two of which have en-suite bathrooms as well as a family bathroom. Outside to the rear / side is a mature garden, mostly laid to lawn with a patio area which is perfect for alfresco dining being off the kitchen. The gardens offer fantastic privacy, benefitting from a south westerly orientation benefitting from the sunshine for the majority of the day. To the front are superb landscaped gardens, access to the garage and off street parking.
Location
Surrounded by rolling countryside, Long Ashton lies just a few miles south west of Bristol and enjoys facilities to include a supermarket, post office, baker and wine merchant amongst others. Whether it is a relaxed or faster pace of life you are looking for Long Ashton has the answer. The beautiful Ashton Court Estate with its deer park and acres of open space ideal for walking, cycling or riding; three reputable golf courses; a good choice of pubs and, of course, Clifton Village with all it has to offer is on a matter of minutes away. For those with families, Long Ashton and the surrounding areas have a wide choice of highly regarded primary, secondary and independent schools.


Features
  • Freehold

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

£ 906450

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
    £ 27500
  • 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

£ 81450
  • 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

Adjust these figures

  %

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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