4 bedroom detached for sale

£725,000

4

Bedrooms

3

Bathrooms

Floorplan

THE PROPERTY
A contemporary detached home set in the grounds of the Old Granary, a fine gated community in Oakhill, Somerset, a beautiful village thats situated between towns of Frome, Shepton Mallet and Midsomer Norton whilst also providing excellent links for commuters into both Bristol and Bath.
The versatile living space is arranged over three floors and has already seen many improvements by its present owners, comprising of entrance hall and cloakroom, utility room, double doors through to a formal dining room, an impressive open plan kitchen/diner with fitted units and island by Neptune and bi-fold doors out to the garden.
From the first floor landing are double doors through to a light and airy lounge with fireplace and bi-fold doors out to a suspended balcony that overlooks the garden, the master bedroom with its tastefully tiled en-suite bathroom is also located on this floor.
At second floor level is a well appointed shower room that services three good size bedrooms with part vaulted ceilings.
The Mediterranean style paved garden is secured with side gates access, a lovely space for relaxing and entertaining in equal measures with its brushed steel water feature, our vendors assure us this is a real sun trap.
The tour continues through the garden into the mews style coachhouse with through hall, cloakroom, integral twin garages with adjoining internal doorway and steps up to a large open plan and self contained living area, with all the space youd need for dependent relatives, or as a studio work space. A kitchenette is fitted as well as a wash area with free standing bath. There is driveway parking for three cars in front of the garages.
A real showstopper thats presented in the best of order, for more information or to arrange a viewing contact the sales team at Allen Residential.

THE ACCOMMODATION
ENTRANCE HALL
CLOAKROOM
DINING ROOM
UTILITY ROOM
KITCHEN/ DINER
FIRST FLOOR LANDING
BEDROOM ONE
EN-SUITE BATHROOM
LOUNGE
SECOND FLOOR
BEDROOM TWO
BEDROOM THREE
BEDROOM FOUR
SHOWER ROOM

SEE FLOORPLAN FOR MEASUREMENTS
Site fees approximately 1000 per annum, please check with your solicitor for further details.

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

£ 600825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 18125
  • 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

£ 57075
  • 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

Adjust these figures

  %
  %
£
  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message