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£1,375,000
Bedrooms
A classical Manor Farm House, Listed Grade II, with a two bedroom cottage, walled gardens, pasture and traditional outbuildings.
Saltmoor House has the distinct hallmarks of the Georgian period being totally symmetrical, the front being enhanced with a fine pillared entrance with panelled front door and fanlight. The faade and Georgian reception rooms were no doubt added in the 18th Century to a more modest and older farmhouse, once being the home of the well known Kinglake family of the Kinglake Bank in Taunton. This lovely old house is Listed Grade II and has been well restored and maintained over the year and provides elegant accommodation boasting a great deal of charm and character. A flagstone floor leads in from the pillared entrance and leads to two fine reception rooms, the drawing room with high mantelpiece and open fire, shutters on the windows and beautiful cornicing, the dining room lies on the other side of the hall, is also well proportioned with elaborate cornicing and again has shuttered windows. The kitchen lies to the rear of the property has a black four oven AGA set below a painted canopy, a massive original dresser lies on the opposite wall and there is a recessed china cupboard found beyond pedimented doors. The side hall leads to a well fitted utility/laundry. The rear hall leads to a cloakroom, a morning room with French doors out onto a south facing terrace and a door leading down into the family sitting room, also having a fireplace, French doors out to the walled garden and a staircase leading up to the first floor.
The principal bedroom is found to the front of the house with windows enjoying views over the River Parrett, there is a door into a spacious en suite bathroom, with ample cupboarding, freestanding bath, wash basin, wc and bidet. There is also an en suite dressing room. There are two family bathrooms, one with a shower and two further bedrooms on the main landing and steps leading down to a guest bedroom with en suite shower room. In addition to the main house there is Mill Cottage, which was created from former outbuildings in an attractive courtyard setting and has an open reception room, utility room and spacious kitchen on the ground floor. There are two good size double bedrooms on the first floor, both having en suite bathrooms.
Saltmoor House, listed in Pevsner, is undoubtedly the principal house of the area, is secluded behind a high clipped privet hedge and enjoys glorious outlooks to the south over the historic moors with the association of King Alfred the Great at close by Athelney. The small village of Burrowbridge with its famous Burrow Mump with ancient church ruins also has a more modern church. The property is easily accessible to a number of useful destinations, including Langport for day to day amenities including boutique style shops, supermarkets and canal side cafes, Street and Glastonbury, Street being well known for the independent school of Millfield and Taunton, the County Town of Somerset, with its shopping centre, three well known independent schools, Taunton School and Kings and Queens Colleges and Kings College Preparatory School. Richard Huish also has an excellent reputation as a Sixth Form College and attracts students from far and wide. There are excellent sports facilities, Taunton being the home of the County Cricket Ground, a number of well respected golf courses including Pickeridge Golf Club and Taunton Race Course having regular meetings throughout the season.
The in and out carriage drive leads in from a passing country road and provides ample parking with a high privet hedge providing seclusion. A secondary drive leads into the courtyard to the east of the house, gives access to Mill Cottage and a range of traditional single-storey outbuildings now providing stables, an office and garaging. There is a further range of outbuildings providing excellent storage and perhaps party rooms, a further range of stables and a six bay dutch barn. A beautiful walled garden lies to the west, has a deep terrace, formal mixed beds surrounded by box hedging and a variety of topiary. The pastures stretch out to the south, are found beyond a traditional five bar gate and arranged in three level enclosures.
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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