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3 Cheap Street, Sherborne, Dorset
£1,250,000 Guide Price
Bedrooms
Bathrooms
An intriguing four bedroom detached house, with 9 acres of gardens, paddock and lake, together with stables, positioned in the heart of the Blackmore Vale.
Tucked away in the tranquil Dorset countryside, Fosters Farm is a beautifully reimagined family home set within approximately 9 acres of picturesque grounds. Built of natural stone and a thatched roof, the property was reconstructed in 1982 and is free from any Grade I or II listing restrictions. This substantial home offers versatile living spaces, breathtaking views, and the ultimate in rural charm including a private lake, stables, and abundant outdoor space.
From the moment you arrive via the sweeping gravel driveway and five-bar gate, Fosters Farm exudes warmth and character. Inside, the home unfolds with generous proportions and flexible rooms that adapt effortlessly to family life or entertaining.
Enter through the side door into a practical utility room, complete with plumbing for laundry and garden access. This leads to a boot room with excellent storage and the homes oil-fired boiler. A handy cloakroom also offers a WC, shower, and wash basin ideal for country living.
The heart of the home is the spacious country-style kitchen, which enjoys natural light from both front and rear windows. With ample room for a family dining table, plus direct access to the garden, its a warm and welcoming space to gather.
From the kitchen, a hallway leads to a flexible dining room perfect as a formal dining space, home office, or potential fifth bedroom. The sitting room is a showstopper: light-filled with dual-aspect windows and anchored by a stunning stone fireplace with wood-burning stove. A perfect retreat on chilly evenings.
An original entrance hall sits just beyond, showcasing exposed timber beams and a vaulted ceiling an architectural nod to the propertys character. With access to both front and rear gardens, and space for a reading nook or informal dining, its a truly unique feature. Upstairs, a large landing welcomes you with countryside views and extensive built-in storage, including an airing cupboard. The principal bedroom boasts a garden outlook, built-in wardrobes, a walk-in closet, and a private en-suite bathroom.
Three further bedrooms each enjoy scenic vistas, natural light, and radiators for comfort. A charming family bathroom with freestanding tub completes the upper floor.
SERVICES
We understand that mains electric and water are connected to the property. Oil fired central heating. Septic tank drainage.
Council Tax: Dorset CouncilBand G
ADDITIONAL INFORMATION
Broadband: FTTPStandard broadband is availablehighest available download speed 15 Mbps, highest available upload speed 1 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.
Fosters Farm is situated in the rural Hamlet of Boys Hill, which lies between the historic Abbey town of Sherborne and the county town of Dorchester. Both Towns lie within comfortable motoring distance and provide between them an excellent range of cultural, recreational and shopping facilities. Sporting, walking and riding opportunities are abound within the area with many walks and rides to be had from the area. The region is well known for both its public and privately funded schooling. Mainline train stations can be found at Sherborne linking directly to London Waterloo, second station at Yetminster is on the Weymouth to Bristol line whilst road links along the A303 can be joined at Wincanton giving swift access to London and the Home Counties along the M3, M25 route.
The property is set in a most peaceful location, having a beautifully maintained enclosed garden, kitchen garden with raised beds, and lush paddocks ideal for grazing or hobby farming. At the heart of the grounds lies the private lake, fringed by mature trees and shrubs, with a timber summer house that invites peaceful mornings or lazy afternoons by the water.
A versatile outbuilding features three stables and solar panels offering exciting potential for conversion (subject to planning permission). Formerly home to chickens and horses, the space can easily adapt to your needs. The front garden offers further appeal, with manicured lawns, vibrant flower beds, and established trees a fitting welcome to this exceptional rural retreat.
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.
3 Cheap Street, Sherborne, Dorset
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