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3 Cheap Street, Sherborne, Dorset
£795,000 Guide Price
Bedrooms
Bathrooms
A substantial detached four bedroom family residence with double garage and detached studio/office, benefiting from a superb 0.4 acre plot positioned on a peaceful and private no through road. Excellent finish with rear outlook over the village playing fields and church.
Located in one of the most favoured villages close to Sherborne, 2 Church Close was built in 1974 of attractive Purbeck stone elevations under a pitched tile roof, with a contemporary ground floor extension built in more recent years. The property is positioned in a most peaceful location with countryside walks at close hand and a wonderful rear outlook towards the village playing fields and Church.
During our vendors ownership the property has been greatly improved and updated with key rooms such as the kitchen/breakfast room, bathroom and en-suite all having renovations in recent years. Given the substantial plot size there is still much scope for any prospective buyer to enhance or add value should they so wish. Internally accommodation is bright and spacious centred around a tiled porch and most welcoming entrance hall with access provided to the main living areas as well as a ground floor shower room and integral double garage. To one side of the hall is a pleasant dual aspect sitting room with feature fireplace and inset woodburner. Across the hallway is the dining room and link to a separate study. These two rooms, together with the ground floor shower room could be adapted to provide ground floor bedroom accommodation or an annexe if so desired. From the entrance hall and adjoining the kitchen is a dining hall which opens into the focal open plan kitchen / breakfast room with pleasant outlook over the gardens and interconnection garden room. The kitchen is fitted with a tasteful array of base and wall units, alongside a central island unit with induction hob and extractor hood over. Further integrated appliances include an AEG eye level double oven, dishwasher and space for an American fridge/freezer. From the kitchen hall an opening leads to the utility room with a further range of units, plumbing for white goods and access to a generous double garage with adjoining workshop and machinery store.
Upstairs the property offers four generous bedrooms, all of which benefit from fitted wardrobe and all having lovely views over the surrounding area. The principal bedroom benefits from an en-suite shower room tastefully fitted in recent years. An equally fine family bathroom completes the first floor accommodation with the benefit of a panelled bath and shower over, pedestal sink unit and WC.
SERVICES & OUTGOINGS
Mains water, electric and drainage. Oil fired central heating.
Council Tax: Dorset CouncilBand F.
ADDITIONAL INFORMATION
Broadband: Superfast broadband is availablehighest available download speed 80Mbps, highest available upload speed 20 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.
Church Close lies to the centre of the charming village of Chetnole which itself lies mid way between the county town of Dorchester to the south and the historic Abbey town of Sherborne and the local regional centre of Yeovil to the north. The walks to be had from the village itself are outstanding while the village has a public house and a church to its centre with a number of good local shops to be found in the neighbouring village of Yetminster that also has a health centre. Sporting walking and riding opportunities abound within the area and Sherborne, Yeovil and Dorchester between them provide an excellent range of cultural, recreational and shopping facilities, The region is well known for both its public and privately funded schooling while communication links are good with a train halt at Chetnole on the Weymouth to Bristol line, a main line station at Sherborne linking directly with London Waterloo and road links along the A303 joined at Wincanton giving swift access to London and the Home Counties along the M3, M25 route.
The total plot and landscaped gardens are a key feature of the property, amounting to 0.4 acre or thereabouts. To the front of the property is a tarmac and block paved driveway giving access to the double garage, with remote operate door. There is a generous frontage to the property, with lawn, mature borders and specimen trees. The rear of the property is a delight, the village Church and playing field offering a wonderful backdrop. The gardens are predominantly laid to lawn, interspersed with sections of floral and shrub boarders, alongside specimen and ornamental trees. A meandering pathway leads down the garden, passing the ornamental. On the furthest boundary is a generous terrace, with Loggia and detached office/summer house, an ideal and peaceful place to work, rest or play in the summer months.
Map location is not available for this property.
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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