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3 Cheap Street, Sherborne, Dorset
£1,195,000 Guide Price
Bedrooms
Bathrooms
An individual detached four bedroom residence set in beautiful quarter of an acre manicured gardens with glorious scenery over the Millenium Woods, central village location, double garage and gated parking.
The Garden house enjoys a convenient central village location combined with a beautiful, private and idyllic setting in the well served and picturesque village of Yetminster. The property is believed to have been individually built in 1985 of handsome natural Ham stone elevations under a tiled roof and has since been sympathetically extended by the current owner providing versatile accommodation arranged over three levels. The principle rooms enjoy dual aspects flooded with an abundance of natural light and have wonderful views across the beautiful landscaped gardens and captivating views beyond. The entrance to the property at ground level opens into a welcoming hallway which leads through to a sunny triple aspect family/snug with French doors to a southwest garden terrace. A convenient shower room completes the accommodation on this floor where stairs lead down to the central part of the home incorporating an open plan kitchen/dining room, utility, study, sitting room and conservatory. The open plan kitchen/dining room features striking box bay windows with tranquil garden outlook and is a wonderful space to relax, dine and entertain in. The fitted kitchen has modern high gloss units, granite worktops and Neff appliances which include a fridge/freezer, dishwasher, microwave and double electric ovens. A matching island unit provides additional storage and inset Neff ceramic electric hob. The charming sitting room enjoys a triple aspect flooded with natural light and has a beautiful Minster stone fireplace to its centre providing a cosy focal point. French doors open through to a spacious conservatory, a tranquil space with triple outlook across the gardens. The four double bedrooms have wonderful far-reaching views, and the master bedroom has an ensuite shower room and a range of fitted wardrobes. The family bathroom is fitted with a walk in bath with shower over and floor standing vanity basin unit with wc.
Services
We understand that mains electric, gas, water and drainage are connected to the property. Oil fired central heating.
Council Tax: Dorset CouncilBand G
Additional information
Broadband: FTTPSuperfast broadband is availablehighest available download speed 80 Mbps, 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.
The Garden House is situated close to the heart of the desirable and picturesque village of Yetminster which has a conservation area to its centre made up of handsome period properties. The village has an excellent range of amenities which include a Spar supermarket, public house, antique shop with caf, veterinary practise, allotments, sports field and club House, primary school, health centre and a train halt. The local regional centre of Dorchester, and the historic Abbey town of Sherborne lie within short motoring distance, between them providing 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.The region is well known for both its public and privately funded schooling.Commuter links are good with the train station at Yetminster on the Weymouth to Bristol line, a main line station at Sherborne linking directly with London Waterloo while road links are along the A303 joined at Sparkford giving swift access to London and the Home Counties along the M3, M25 route.
The property is accessed from ornate wrought iron gates opening onto a resin driveway providing ample parking and leading to a double garage equipped with power and light. The gardens surrounding the property amount to approximately a quarter of an acre, are an absolute delight, laid to manicured lawns and bounded by Portuguese laurel, laurel and beech hedging, together with attractive stone walls. The garden has been beautifully landscaped incorporating several raised terraces from which to take in the wonderful scenery and serenity of the setting. Within the garden there are raised beds, a greenhouse, garden shed and an expansive terrace across the width of the property with electrically operated sun awning.
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.
3 Cheap Street, Sherborne, Dorset
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