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3 Cheap Street, Sherborne, Dorset
£1,150,000 Guide Price
Bedrooms
Bathrooms
An exquisite 4 bedroom Grade II Listed Townhouse blending period elegance with exceptional modern luxury.
Ludbourne House is a substantial and distinguished Grade II listed townhouse constructed of handsome natural stone beneath a traditional Welsh slate roof. Beautifully restored throughout, the property showcases fine period detailing, generous proportions and contemporary finishes of exceptional quality. With magnificent ceiling heights, full height bay windows and classic sash windows, the house is bathed in natural light, offering a wonderful sense of space and elegance.
This rare and exclusive property has undergone an extensive renovation and partial rebuild, completed to an exceptional standard. Every detail has been carefully considered to blend the historic character of the home with the highest quality modern finishes.
At the heart of the house lies a stunning dining hall, showcasing an elegant sweeping staircase a true architectural centrepiece. To one side, French doors open into a beautifully proportioned drawing room with a bespoke stone fireplace, a large living flame feature gas fire and handcrafted fitted bookshelves, creating an inviting and stylish living space.
To the opposite side, the kitchen is of an ultra-modern, high-end design featuring an electric 4-oven Everhot range cooker and premium Miele integrated appliances. A cloaks cupboard provides additional practical storage. The house boasts two staircases with the extension to the north-east wing offering two double bedrooms and a luxury shower room. On the ground floor, a cloakroom and large utility room provide everyday convenience and lead through to the integral garage.
The principal staircase sweeps up to the houses main quarters, comprising a master double bedroom suite with spacious bedroom, extensive fitted wardrobes and a refined en suite bathroom with bath and walk-in shower. A further double bedroom on this level also benefits from a private en suite shower room and extensive built-in storage.
The house is heated via gas-fired under floor heating throughout the ground and first floor.
SERVICES
We understand that mains electric, gas, water and drainage are connected to the property. Gas fired central heating.
Council Tax: Dorset CouncilBand F
ADDITIONAL INFORMATION
Broadband: FTTPUltrafast broadband is availablehighest available download speed 1000 Mbps, highest available upload speed 1000 Mbps. (Openreach, Gigaclear).
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 area is considered to be at a high risk from river/sea and surface water flooding.
We have been advised the property has never flooded and full insurance is available.
Ludbourne House enjoys a superb town centre location just a stones throw from the mainline railway station to London Waterloo, as well as Pageant Gardens, Sherbornes central town park and Sainsburys supermarket. Sherborne is a particularly attractive Abbey town with a conservation area to its centre and many of the towns amenities lie within walking distance of the property, including the Abbey, the timeless high street with its comprehensive range of shops, public houses and restaurants, Sherborne House Arts Centre, two supermarkets and a number of doctors surgeries. Sporting, walking and riding opportunities abound within the area with golf clubs at both Sherborne and Yeovil, while the region is well known for both its public and private schooling.
The property enjoys a full-width courtyard garden with a sunny southerly aspect, set behind tall natural stone walls, with further privacy provided by pleached hornbeam trees which extend above the stone walling. The garden has a U-shaped raised bed planted with a variety of colourful perennials, overlooked by a stone flagged veranda, which is accessible from the rear hall via French windows. A secure, wrought iron pedestrian gate and pathway lead to the front entrance, while an electrically operated wrought iron security gate allows vehicular access to the parking space and substantial garage. The driveway is shared with the three neighbouring residences that form part of the prestigious Ludbourne Hall enclave, discreetly located to the rear of the property.
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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