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£1,425,000 Guide Price
Bedrooms
Bathrooms
A uniquely beautiful Grade II Listed barn conversion set within breathtaking countryside, together with grooms quarters, stables, barns, and direct riding out onto the Quantock Hills. In all about 24.16 Acres. Available with less land if required.
This fabulous barn was converted by the current owners in 2014 which originates back to the 1860 and is Grade II Listed. Constructed of local stone elevations under a pitched tiled roof the property has been sympathetically converted to provide a unique and bespoke family home. The accommodation is flexible and is arranged in a quad formation around a central courtyard containing an attractive water feature, creating a real focal point. In brief the accommodation comprises a generous kitchen/dining room benefitting from a 4 oven Aga (LPG) with a door off to a utility, pantry, boot room and W.C. with pet shower. An entrance hall links the living room which is 56 ft. in length, containing a log burner and is a fantastic space, perfect for entertaining and family gatherings. Adjoining to the side is the master suite with private study, generous en-suite and dressing room. A hidden door gives access to a further study/snug. A rear hallway gives access to a store room, two double bedrooms and a shower room. A particular feature of this property is the octagon room which, as the names suggests, is octagonal, perfect for meditation and relaxation. From here doors lead out to the courtyard and a second door gives access to two further bedrooms and shower room. Adjacent is a second kitchen and the potential exists to divide this area off to create an annexe, holiday let or staff accommodation if you so wished.
RIGHTS OF WAY
The neighbours to the east have a right of access over the driveway and are liable for 1/4 share of maintenance. The owner of field to the east has right of access over the drive. The vendor has a right of access over the track which runs north to give access to the fields to the rear with a 1/4 maintenance obligation. The property sits on the bridleway network. The main entrance drive is a public bridleway.
The property is situated in a slightly elevated position on the outskirts of Over Stowey and is set at the bottom of a beautiful wooded valley. The property stands within the Quantock Hills, designated a National Landscape, providing opportunities for walking, riding and other rural pursuits. From the property views can be enjoyed over the adjoining farmland and beyond. The somewhat larger village of Nether Stowey is within about 1 mile and this provides local shopping facilities and Health Centre. The County Town of Taunton can be reached over the hills and is about 10 miles distance, while the town of Bridgwater is about 9 miles. Both towns provide multiple shopping and schooling facilities and access to the M5 Motorway at Bridgwater Junctions 23 & 24 and Taunton Junction 25 and the mainline train station at Taunton.
The property is approached over a long private drive, shared with just one other property and has a very understated and unassuming approach. Adjacent to the property are two gravelled parking areas which can accommodate several vehicles and the main gardens lie to the southwest and are predominantly lawned. A Dutch barn has been cleverly converted into a covered alfresco dining and BBQ area, perfect for summer entertaining. Adjoining is a rose garden with steps down to a labyrinth garden with timber summer house/studio.
The outbuildings adjoin to the south comprising a Dutch barn for vehicle storage, a large barn for fodder and steps down leads to stabling, a corral and grooms quarters, complete with kitchenette, shower room and bedroom over. This could be used as an Airbnb or holiday let, subject to any necessary consents.
The land associated with the property immediately adjoins to the west and comprises gently undulating parkland with pockets of woodland with the added benefit of direct riding out onto bridleways which run across the
Quantock Hills.
To fully appreciate the charm, setting and feel of this unique equestrian property a viewing is highly recommended.
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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