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£1,075,000 Guide Price
Bedrooms
Bathrooms
An individual and most impressive four bedroom home, occupying a superb plot of 4.18 acres. This remarkable property is desirably situated on the northern outskirts of the sought-after village of Oakhill. EPC rating D.
A door to the front of the property opens into the main hall, which incorporates a study area to one side and the staircase to the first floor accommodation. To the right of the hall, a door opens into an L-shaped kitchen/dining/family room, which is the heart of the home and ideal for families. The kitchen itself is fitted with a range of matching floor and wall units with a double inset sink, an integrated electric cooker and hob and provides space for a freestanding American style fridge/freezer. Adjoining the kitchen is a useful utility room, which has external access to the rear and houses the boiler for the oil-fired central heating. The family and dining room is an excellent size and leads through to the sitting room. This fabulous, oak-framed reception room is one of a kind, with a striking vaulted ceiling, a wood-burning stove, triple-aspect windows and double doors, providing a delightful outlook across the surrounding gardens and field beyond.
Also located on the ground floor and accessed from the hall are two double bedrooms, one of which has a modern en-suite shower room. Completing the accommodation downstairs is a well-appointed family bathroom.
On the first floor, a central landing has doors on either side giving access to two further double bedrooms which are finely proportioned running the length of the house with space for study and dressing areas.
AGENTS NOTE:
In the past, the property has benefitted from planning permission, granted for both a comprehensive extension and reconfiguration (planning reference: 2020/1730/HSE). In addition, permissions were sought and granted for equestrian use, which included the erection of a stable block with agricultural access directly to the paddock (2020/10551/FUL). Whilst these permissions have not long expired, a purchaser could seek to reapply, if required.
The property also benefits from solar panels, which contribute towards lowering energy costs.
OUTSIDE
Field View enjoys an extensive and varied plot measuring 4.18 acres, with surrounding grounds allowing for the most idyllic setting. Ideal for families, green-fingered purchasers and those seeking land for a range of uses, the outside space of this intriguing property is a real haven and is undoubtedly one of the main selling points.
A private driveway from Zion Hill, shared initially with two neighbouring properties, opens into a large area of private off-road parking. The parking area then leads to a series of outbuildings, which include a double carport, garaging, two useful stores and a wonderful studio. A spacious and particularly versatile space, the studio is currently used as a professional music recording studio, complete with a sound booth, kitchenette and built-in storage. There is also a sectioned-off working space. This unique addition would be perfect for those who work from home, are seeking a gym or games room, or indeed those with a need for ancillary accommodation (subject to any necessary consents).
The grounds are separated into three main areas; formal gardens, a paddock and a copse, all with lovely rural views across the neighbouring countryside. Predominantly laid to lawn, the southwest facing gardens are level and well-tended with mature trees and shrubs and established borders. Featuring multiple seating areas and plenty of privacy, the garden is a great place to relax.
The paddock measures approx. 1.40 acres, has a hedged boundary and would be suitable for grazing if desired. A gate located in one corner of the paddock then gives access across a rural footpath and, via a second gateway, opens into a triangular section of copse (approx. 0.75 acres), privately owned by Field View.
Oakhill is located just seven miles from the Cathedral City of Wells, with the village offering two good quality pubs, a primary school, doctors surgery and a new village shop.
Oakhill is well-placed for road links to other local towns, including Midsomer Norton and Shepton Mallet, as well as the beautiful Georgian City of Bath, which is only 14 miles to the north. For those travelling by train, there are mainline stations at both Bath Spa and Castle Cary, which are easily accessible by road.
There are many sporting facilities within the area including various golf clubs and leisure centres. There are several superb state and independent schools within the vicinity, including Millfield, Downside, All Hallows and Wells Cathedral School to name but a few. A wide selection of major supermarkets can be found within the nearby market town of Shepton Mallet and in Wells, which includes a Waitrose.
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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