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£339,000 Guide Price
Bedrooms
Bathrooms
A well-proportioned three bedroom detached bungalow, desirably situated within the market town of Castle Cary. This superb property benefits from neatly presented gardens to the front and rear, pleasant views, driveway parking and a single garage. Available to purchase with no onward chain. EPC rating D.
A door to the front of the property opens into a central L-shaped hall, which has access to the loft space (via a pull-down ladder) and a built-in coats cupboard. To the right of the hall is the kitchen fitted with a range of wooden fronted floor and wall units. Comfortably accommodating a breakfast table and chairs, the kitchen includes an integrated eye-level electric double oven, a hob, plus plumbing and space for a washing machine and a fridge/freezer. A built-in cupboard in the kitchen houses a wall-mounted Vaillant boiler for the gas-fired central heating (last serviced in December 2023). A door then opens into a small lobby, with an external door to the side of the property.
There are three bedrooms, all of which are a good size and two with the advantage of built-in double wardrobes. The sitting room is particularly spacious with room at one end for a dining table and chairs, if desired. Within the sitting room is a stone fireplace with an inset gas Jetmaster fire, offering a lovely focal point. A large double glazed window in this room provides a delightful outlook over the garden, with far-reaching views to be seen beyond.
Completing the accommodation is the bathroom, fitted with a coloured suite comprising a panelled bath with shower mixer taps and a screen, a low-level WC and a pedestal wash hand basin.
OUTSIDE
To the front of the bungalow is a garden laid to attractive slate chippings for low maintenance, with sections of planted shrubs. To the side of the property is a driveway providing off-road parking for one vehicle. The driveway leads to a single garage, which has an up and over door and a window to the rear.
Gated access to the side leads through to a generous and well-tended rear garden, enclosed to all sides by fencing and hedging. Predominantly laid to lawn with a selection of mature shrubs and trees, the garden includes a patio seating area, a timber shed and an outside tap. Facing west, the rear garden enjoys plenty of afternoon and evening sunshine.
ADDITIONAL INFORMATION
Broadband: FTTP - Ultrafast broadband is available - highest available download speed 1000 Mbps, highest available upload speed 1000 Mbps. (Ofcom).
Mobile Coverage: Available via EE, O2, THREE and VODAFONE. For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider (Ofcom).
Flooding: The property is in an area at a very low risk from river/sea and surface water flooding (defined as the chance of flooding each year as less than 0.1%).
The attractive and thriving market town of Castle Cary is a haven of historic buildings, independent shops and boutiques and beautiful surrounding countryside. Dating back to 1855, The Market House remains the focal point of the town, hosting a weekly market as well as regular events.
Castle Cary is home to many independent businesses including shops and art galleries. Amenities include a nursery, a primary and a secondary school, a health centre, a dental practice, a library, a Post Office, a deli, various grocery stores, newsagents, chemists, pubs and tea rooms.
There are large supermarkets only a 15-minute drive away in the towns of Wincanton and Shepton Mallet. The Newt in Somerset is only a short drive away along with the popular town of Bruton, home to Hauser & Wirth Somerset, a pioneering world-class art gallery. The mainline railway situated on the edge of Castle Cary makes this a great location for commuters (Paddington c. 90 mins) and the A303 is also within easy reach.
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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