5 bedroom detached for sale

£1,295,000 Guide Price

5

Bedrooms

3

Bathrooms

Floorplan

An imposing and individual 5 bedroom country residence occupying a most private position and set in grounds of almost 2.5 acres with outbuildings and stables, surrounded by open countryside and a south facing aspect.


A rare and exciting opportunity to acquire a substantial country residence with circa 2.5 acres of stunning grounds, surrounded by rolling countryside and excellent communication links. The property has been extended and renovated by the current vendors to exacting standards and the highest of specification. In brief the property comprises an entrance hall, WC, dining room, family room, kitchen/breakfast room, sitting room, utility, to the ground floor with five bedrooms including a guest bedroom with ensuite, master with dressing room, ensuite and balcony, and family bathroom to the first floor. The views and south facing aspects need to be seen to be fully appreciated. In addition to the main residence there is a large double garage and workshop, with first floor games room or office above, detached garden room with hot tub area, Swedish style grill hut, three stables and sizeable steel frame barn measuring an impressive 40 x 28. In all the footprint extends to more than 6,100 sq ft.

Services
Mains Electric, water and drainage. Oil fired central heating. Council Tax Band E, West Dorset District Council.

Additional Information
Broadband: Standard broadband is availablehighest available download speed 200 Mbps, highest available upload speed 20 Mbps. (Openreach).

Mobile Coverage: Available via EE, O2, 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%).

The centre of the Dorset village of Longburton which is convenientlyplaced just three miles to the south of Sherborne.The village has a church and a public house to its centre while Sherborne and the local regional centre of Yeovil provide between them an excellent range of cultural, recreational and shopping facilities.Sporting, walking and riding opportunities abound within the area with many walks to be had from the village itself while the region is well known for both its public and privately funded schooling.Communication links are good with a main line station at Sherborne linking directly with London Waterloo while road links are along the A303 joined at Wincanton

The property is set back from the main road, with a walled boundary and electric gates providing access to the driveway, providing ample space for numerous vehicles.There is ease of access to the detached double garage and separate gated access to the steel framed barn and grounds.The garaging is fully insulated with remote operate doors and power connected (pre-approved permission for annexe).The first floor above the garage is a versatile space, currently occupied as a fantastic games room.Equally the recently constructed steel frame barn/workshop offers a wonderful area to work from and store machinery or perhaps classic and/or performance motors. This unit has power connected, with full height roller doors and separate pedestrian access.
The gardens are beautifully kept, a wonderful level family garden predominantly laid to lawn, with ornamental pond and fantastic south facing sun terrace which leads to a pathway linking the enjoyment of the garden with the superb detached garden room and covered hot tub area. A hardstanding offers the perfect base for a raised outdoor pool. To complete the whole new realm of outdoor dining and entertaining there is a BBQ Grill House.
The remaining land is set into two separate paddocks, secured by post and rail fencing and gated access. A small area of paddock has been planted to orchard, alongside a separate back.There is a useful field shelter and a yard offering three stables, providing the perfect set up for those equestrian minded or wishing to keep livestock.

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

£ 1077075

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
    £ 32375
  • 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

£ 105825
  • 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
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  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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  • Final Equity Profit
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    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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