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3 Cheap Street, Sherborne, Dorset
£1,100,000 Guide Price
Bedrooms
Bathrooms
A spacious and versatile four bedroom detached property with double garage and workshop, all set within a landscaped half acre garden in one of Sherbornes best tree lined residential roads.
West Dene has double fronted brick elevations under a tiled roof. It was individually built to a very high standard in the 1960s and in more recent years has undergone a comprehensive programme of restoration, extension, modernisation and re-fitting, the result being an outstanding house incorporating a blend of art deco, mid 20th Century and contemporary living. A particularly attractive theme which runs through the whole house is that of the original restored floors, architraves, doors, window sills and staircase which for the most part are of oak, this feature gives a warmth and quality to the interior using materials that would be hard to replicate at current day prices. All rooms are dual aspect and filled with natural light, with the sitting room and kitchen/diner being triple aspect. Attention to detail is illustrated by way of the refurbishment of the original skirting radiators which serve the principal reception rooms and bedrooms, served by a new boiler and water cylinder. All of this blends with art deco style fittings and sanitary ware and a kitchen breakfast room which befits 21st Century living.
The beautiful accommodation comprises entrance reception greeting hall, sitting room, dining room, wow-factor contemporary open plan kitchen/ breakfast room and utility room. One of the bedrooms is located on the ground floor and served by a well fitted shower room which doubles as a cloakroom. On the first floor there is a principal bedroom suite with its own lobby and recently fitted ensuite with panelled bath, walk in shower and bidet. There are a further two double bedrooms and shower room on the first floor, alongside a versatile oak floored sitting room which has French casements giving on to a south facing balcony from which there are views across the town to hills and Honeycombe Woods.
SERVICES & OUTGOINGS
All Mains services. Gas central heating.Council tax Band G.
ADDITIONAL INFORMATION
Broadband: FTTPUltrafast broadband is availablehighest available download speed 1000 Mbps, highest available upload speed 1000 Mbps. (Openreach).
Mobile Coverage: Available via EE, O2, THREE and VODAFONE. For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Flooding: The property is in an area at a VERY LOW RISK from River/Sea and Surface Water flooding (defined as the chance of flooding each year as less than 0.1%).
West Dene lies on the west side of Sherborne on Bradford Road, one of Sherbornes most prestigious residential roads, within walking distance of many of the towns amenities.These include the Abbey, a main line train station, two supermarkets and a comprehensive range of shops, public houses and restaurants.Sherborne and the local regional centre of Yeovil provide between them an excellent range of cultural, recreational and shopping facilities, while the region is well known for both its public and privately-funded schools.
Stone pillars open to a good tarmac drive leading to an unusually large parking and turning area to the side of the house, in turn this gives access to a detached double garage and workshop with electric doors, its own sink with hot and cold water, power and light.
The gardens, which extend to about half an acre were professionally landscaped and further developed by present owners with an Italianate garden and wild flower meadow at the front and a formal garden with pergola, decking and water feature to the side.Steps lead to a main sweep of lawn at the rear shaped by well stocked and colourful borders, alongside specimen trees and meandering paved pathways. A pathway in the lawn leads to an impressive paved terrace with gothic style metal framed gazebo. There is also a tiled terrace with central water feature flanked on either side by a seating area and planters. Beyond this is a screened fruit and vegetable garden with Alitex greenhouse and potting shed.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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