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£1,400,000 Guide Price
Bedrooms
Bathrooms
A striking gentlemans residence offering flexible 7 bedroom living accommodation together with a two bedroom bungalow &
a one bed detached bungalow with a former stable block enjoying breathtaking views of West Somerset.
The sale of this striking Edwardian period property comes to the market following the
vendors decision to downsize. Built in 1906 as a Gentlemans residence, the property is presented in excellent order throughout and offers flexible accommodation. Currently run as a five-bedroom B&B with two holiday lets, it could equally be enjoyed as a substantial private home or for multi-generational living. Occupying a commanding position on the edge of the picturesque village of Old Cleeve, this handsome residence offers a rare combination of rchitectural grandeur, generous proportions and exceptional versatility, with far-reaching views towards Exmoor, the Brendon Hills, the Bristol Channel and, South Wales.
Set within approximately 1.5 acres of mature, well-established gardens, the detached
property provides seven spacious bedrooms, each with en-suite facilities. The five elegant reception rooms are ideal for both refined living and large-scale entertaining. Character features typical of the Edwardian era include parquet flooring, original fireplaces and an impressive entrance hall with the original staircase, all of which highlight the quality and craftsmanship of the period.
Approached via a long, sweeping driveway, the property offers ample parking, a garage and
an attached stable block with workshop and grooms room. In addition to the main residence,
there are two further dwellings within the grounds:
A link-detached two-bedroom bungalow, with kitchen, sitting room and patio.
A detached one-bedroom bungalow, with conservatory and utility room.
Both enjoy their own garden space and provide additional flexibility, whether for extended
family, holiday letting or guest accommodation.
Cedar House is enviably situated on the edge of the historic village of Old Cleeve, nestled
between the Quantock Hills and Exmoor National Park in the heart of West Somersets countryside. Old Cleeve itself is a charming village known for its period thatched cottages, church and strong sense of community. The area offers an abundance of outdoor pursuits, from walking and cycling to birdwatching and beachcombing along nearby Blue Anchor beach.The seaside town of Minehead, the harbour town of Watchet and the amenities of Williton are all within easy reach. There is an excellent view of the The West Somerset Steam Railway and a number of stations nearby. Taunton, the county town, is around 30 minutes bycar and offers mainline rail services to London Paddington in under two hours, as well as
access to the M5 motorway
Set back from the country lane, the property is perfectly orientated to make the most of its
westerly outlook. The mature, landscaped gardens offer a sense of privacy and tranquillity
from the moment you arrive. Wide lawns, established trees and secluded seating areas
provide plenty of space to relax or entertain. A sun terrace on the southern elevation is ideal
for outdoor dining, while several patios allow guests or family members to enjoy their own
private corners. The grounds also include a large garden shed and well-tended borders. It
neighbours onto an orchard and alpacas adding to the charm of the setting. In all, the gardens and grounds extend to approximately 1.5 acres.
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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