3 bedroom detached for sale

£975,000 Guide Price

3

Bedrooms

3

Bathrooms

Floorplan

An impressive, newly-built detached house (2024), desirably situated in an elevated position, enjoying the most spectacular, panoramic countryside views. This unique, energy efficient home offers spacious accommodation including three double bedrooms and three bathrooms. Set in a generous 0.95 acre plot with a double garage, gardens and ample parking. EPC rating B.


Newly constructed by the current owner in 2024, The Chalet is a light, airy and spacious home, built with energy efficiency in mind. The property is served by an air-source heat pump, with underfloor heating on both the ground and first floor. This coupled with the highest level of insulation and quality windows and doors, has created a warm, efficient and sustainable property to live in. The property comes with a LABC 10 Year Warranty. A door to the front of the property opens into the main hall, which incorporates the staircase to the first floor accommodation and gives access to all of the ground floor rooms.

The sitting room is well-proportioned and, much like the adjoining kitchen/dining room, enjoys an abundance of natural light. To the front of the sitting room is a large set of sliding doors, and a further set of double doors, both of which open out to the patio terrace. The room has been designed to be separated into two rooms (to create a snug or additional ground floor bedroom), if desired, with the aforementioned double doors, independent light switches, underfloor heating control etc. already in place.

The kitchen/dining room is a fabulous size, offering space for a large dining table and chairs. Within the kitchen, there is a range of matching floor and wall units, with an integrated electric oven, hob and extractor. There is ample space for freestanding white goods, and for those seeking a utility room, the kitchen offers scope to accommodate a room such as this at the rear. A second set of large sliding doors open out from the kitchen to the terrace, allowing the most wonderful outlook from this expansive family space. An external door to the side then opens out to a tastefully finished under-cover entranceway. Also situated on the ground floor is one double bedroom and the principal bathroom. Fitted with a white suite in a contemporary style, the bathroom comprises a panelled bath with central taps, a vanity wash hand basin, a low-level WC and a separate shower cubicle.

Upon reaching the first floor, more natural light floods in through the fantastic triangular feature window. This large open landing space is ideal as a home office or reading area, offering the best view in the house.

There are two spacious double bedrooms on the first floor, both of which are dual-aspect and benefit from a well-appointed en-suite shower room

OUTSIDE
Occupying a superb total plot of 0.95 acre, The Chalet has surrounding gardens, offering a blank canvas for a purchaser to design and landscape. A gated driveway from Broad Road provides extensive off-road parking to the side of the property. There is a newly-built detached double garage with light, power and electric door (please note, the exterior of the garage will be finished in render).

To the front of the property is a full-width patio terrace with outside lighting, which wraps around to the side and rear. There is lots of space at the front for outdoor seating and dining, perfect for families and for entertaining. Facing south with the advantage of sunshine throughout the day and into the evening, the terrace maximises the breathtaking views on offer. Directly in front of the terrace is a section of lawn, bordering the neighbouring farmland.

The Chalet is uniquely located in an elevated position on Westbury-sub-Mendip hillside, benefitting from arguably some of the best rural views in the county.

The sought-after village of Westbury-sub-Mendip lies in between Wells and the Cheddar, approx. 4 miles from each. Westbury-sub-Mendip has a thriving community and offers excellent local facilities including a Post Office/shop, a village hall, a 12th century church, a good public house and a primary school. The village lies at the foot of the Mendip Hills, an area designated as being an Area of Outstanding Natural Beauty and where many rural walks and pursuits can be enjoyed.

The beautiful Cathedral City of Wells offers a bustling high street, a twice-weekly produce market, excellent secondary schooling as well as independent education at all levels, including Wells Cathedral School and Millfield School is also within daily driving distance. This area is regularly used by commuters to Bristol and Bath, whilst Bristol Airport is readily accessible via the A38, as is the M5 motorway.



Features
  • Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 797075

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 24375
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

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.

Annual Costs

£ 65825
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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.

Total Profit

£
  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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