4 bedroom detached for sale

£900,000

4

Bedrooms

3

Bathrooms

Floorplan

A generous home, individually built to an exceptionally high standard in 2018, set in a private plot totalling 2.84 just off the centre of Langport. Double garage with room over, large workshop and carport.

Having been built to a very high standard by the current owners in 2018, The Paddock is a superb, individual home boasting high energy efficiency and an array of mod cons ideal for modern living. The home features four double bedrooms, double garage with room over, ample parking and a large workshop/store.

The property is accessed via a hardwood door to the front which opens out into a hallway, which is laid to tiled flooring and incorporates the staircase to the first floor accommodation, with space for storage beneath. From the hall there is access into an office, which is laid with engineered oak flooring and enjoys a window to the rear, looking out across the garden. The hall also hosts a downstairs WC, and a boiler/store room. All throughout the ground floor living space is served by gas-fired underfloor heating. The sitting room is a spacious area, also laid with engineered oak flooring, and enjoys a feature central fireplace set with a black sandstone hearth and an inset Clearview wood burning stove. Hardwood double doors then open fully out to the rear garden and patio seating area providing an attractive outlook into the garden.

The fabulous kitchen/dining room has been tastefully fitted with a range of bespoke floor and wall units from James Ellis Design, as well as a fantastic kitchen island with breakfast bar. The kitchen includes granite work surfaces with upstands over, an integrated eye-level, foldaway oven (with built-in microwave), an integrated dishwasher, a 4-ring gas hob with granite splashback and extractor hood over, space for a fridge/freezer and a sink with mixer taps. In addition, there is a useful larder cupboard and a set of hardwood bi-folding doors opening out to the rear garden and patio, creating a wonderfully social space for families and for entertaining.

From the kitchen, a door leads through to a rear/side lobby, which has an external door to the side passageway through to the drive and access into another cloakroom with low-level WC and wash hand basin. Completing the ground floor accommodation is a utility room, which matches the kitchen design and offers a stainless steel sink, and space & plumbing for a washing machine and a tumble drier.

On the first floor, a galleried landing enjoys plenty of natural light and is fitted with engineered oak flooring, continued into all of the bedrooms. The property has four bedrooms, all of which are generous in size and three benefiting from a series of fitted wardrobes, providing excellent storage. The Master bedroom and the second bedroom both offer superb en-suite facilities; the Master with a contemporary and well-appointed bathroom, fitted with a freestanding bath and a separate shower. Furthermore, there is the family bathroom, which is also smartly presented with another freestanding bath, a corner shower cubicle, a low level WC, a pedestal wash hand basin and a heated towel rail.

The property is tucked away at the end of a no-through road, just a short level walk from the town centre which offers an excellent range of everyday amenities including shops, bakeries, popular cafs and eateries, a Tesco supermarket, a primary school, churches, a Post Office, pubs, doctors and dentists surgeries, a library and a veterinary surgery.

Huish Episcopi Academy with its adjoining sixth form and sports centre with sporting facilities for all ages, is nearby at Huish Episcopi. For those seeking private education, Taunton (Taunton, Kings, Queens), Street (Millfield), Bruton (Kings) and Sparkford (Hazelgrove Prep) are all within commuting distance. There are mainline rail links at Taunton and Castle Cary (Paddington), Yeovil (Waterloo) and the M5 motorway can be accessed at Junction 25 (Taunton) and Junction 23 (Bridgwater).

Langport is surrounded by idyllic countryside that is steeped in history and provides excellent routes for walking and cycling. Nearby attractions include National Trust and English Heritage properties, beautiful gardens, conservation areas and RSPB and Wildlife Trust reserves.

To the front and side of the property is gated, block-paved driveway, which allows for extensive off-road parking. The driveway leads to a double garage, which has an electric up and over door a WC with wash hand basin, and a personal door to the side. A staircase rises to the first floor, which is a substantial space; extremely useful for storage as is, or ideal for conversion to a home office or annexe. To the side of the garage is a timber-framed car port. In addition, the property benefits from a workshop, located behind the garage, which has power, is fully insulated and currently split into two sections. The workshop offers versatility for a variety of uses, to suit those who require comprehensive storage, or perhaps a studio/home office space.

With a total plot approaching three acres, the property has a terrific garden to the rear, ideal for families with children or green-fingered purchasers. Predominantly lawn to lawn and fully enclosed, the garden includes some mature shrubs, a pair of Silver Birches and some fruit trees, which all encourage an array of wildlife into the plot. From the garden, there are five bar gates to both the driveway and into the adjoining paddock, allowing straight forward vehicular access through to the paddock, if required. There is also additional entrance from Portfield Lane to the north, which provides an independent access directly into the paddock.

The plot is very level and has stock-proofed boundaries, with a pond at the rear and a timber framed tractor store. With the ability to access from either side, the land offers the potential for a number of uses, including the ability to generate some further income subject to the appropriate permissions.

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

£ 745200

Mortgage Loan to Value

%

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

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 22500
  • 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

£ 70200
  • 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
    £
  • 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.

£

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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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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