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£835,000 Guide Price
Bedrooms
Bathrooms
A delightful detached five bedroom cottage, offering particularly spacious and versatile accommodation, situated within the sought-after hamlet of Lottisham. Set within a generous plot extending to 1.36 acres, this wonderful period home includes ample off-road parking, a garage, two stables, an orchard and well-maintained gardens. EPC rating E.
To the front of the property is a glazed entrance porch with an inner door through to the sitting room. The original part of the property is believed to date back to the early 18th Century. The sitting room offers lots of character, including a fabulous inglenook fireplace with a historic bread oven and an inset multi-fuel burning stove. Other features include a beamed ceiling (continued throughout much of the accommodation), a shelved alcove and two double glazed windows to the front with window seats.
Adjoining the sitting room is a well-proportioned dining room, also with a front-facing window, which continues into the conservatory and a third reception room, the dual-aspect family room. With flexibility to be utilised in various ways, the dining room and family room both have attractive feature fireplaces and beamed ceilings.
The kitchen has been recently modernised by the current owners, fitted with a range of high-quality floor and wall units, providing plenty of storage. Within the kitchen is space for a freestanding range cooker and an under-the-counter fridge, as well as plumbing for a dishwasher.
An inner hall has the staircase to the first floor accommodation with a cupboard beneath and gives access into a separate study and a modern downstairs shower room. A door from the hall then opens out to a side lobby, with external doors to the front and rear, and across to a studio. Offering tremendous potential for a variety of uses and those considering reconfiguration (subject to any relevant consents), the studio is a fantastic space with a self-contained entry and an adjoining utility room. The Worcester boiler for the oil-fired central heating is also located in the studio.
On the first floor, there are five bedrooms; four good size doubles and a single/hobby room. All rooms on the first floor benefit from the most impressive rural views across the propertys grounds and the stunning countryside neighbouring the house. The master bedroom is located at one end of the cottage and includes a walk-in closet plus a wonderful en-suite bathroom, fitted with a roll-top bath, a large shower cubicle, a bidet, a low-level WC and a wash hand basin. Completing the accommodation is a well-appointed family bathroom, also with a separate shower.
OUTSIDE
The property has the benefit of two driveways, one to the western side of the house providing side-by-side parking for two vehicles. The other, the main access, is a stone-chipped drive allowing ample space for numerous vehicles.
Set within a generous plot extending to 1.36 acres, The Orchard Cottage enjoys well-maintained gardens and a superb orchard beyond. Accessed from the driveway, there is a timber garage (192 x 1110) with two adjoining stables, both with power and a fenced yard in front. There is ample parking for many cars, both in the driveway and the orchard beyond.
The well-tended landscaped gardens are located to the rear and side of the cottage and are predominantly laid to lawn with established borders. Within the grounds are three individual ponds, including a large fishpond and duck pond. In addition, there is an arbour seating area, a range of mature trees and shrubs, attractively planted beds and a patio to the side, ideal for outdoor seating/dining. The garden incorporates a timber storage shed and a gateway opening through to the adjoining orchard, planted with a selection of different trees and wild flowers; a real haven for wildlife including deer.
The property is situated within the favoured hamlet of Lottisham, which comprises a variety of quality period and modern homes. Lottisham is well placed for road access to various towns including Glastonbury, Wells, Shepton Mallet, Street and Castle Cary, all offering an extensive range of shops, amenities and facilities.
The nearest village primary schools are only a short distance away, in the villages of Baltonsborough and West Pennard, and there is a good selection of secondary schooling, both state and independent.
Lottisham is particularly well located for Millfield Prep and Senior schools. For those needing commuter facilities, there is a mainline train station at nearby Castle Cary for the direct line to London Paddington and there are excellent road links via the A303 to the south. There is also an excellent village shop in Baltonsborough for all your daily needs.
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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