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£695,000 Offers in excess of
Bedrooms
Bathrooms
A spacious and particularly versatile detached period home, conveniently situated within easy of Castle Cary station and the A303. Set in approx. 0.90 acre and enjoying delightful rural views, the property offers four bedrooms and four reception rooms in the main house, an attached one bedroom bungalow, a former forge, large gardens, ample gated parking and a double garage. EPC rating D.
The House:
The ground floor of the main house offers flexibility with its configuration, with well-balanced accommodation suiting a variety of purchasers from growing families to downsizers. The house is also ideal for those who work from home, or buyers who seek a downstairs bedroom, due to the family room located at one end of the house, complete with an adjoining shower room.
The family room is dual-aspect, with an outlook across the garden to the south-west and incorporates a large fireplace. The modern shower room has a double shower, a vanity wash hand basin, a low-level WC and a heated towel rail. The property benefits from three further reception rooms; the main sitting room includes the staircase to the first floor accommodation, a pretty flagstone floor and a pretty period fireplace with decorative overmantel. A door then adjoins a snug, also with a fireplace with an inset Villager wood burning stove. The snug is open to a well-proportioned room, currently presented as an additional sitting room, however, could be utilised as a dining room, if desired.
The dual-aspect kitchen/breakfast room is spacious and light and has been fitted with a range of bespoke floor and wall units with a stunning natural-wood work surface and uniquely designed splashbacks. There is ample room within the kitchen for a good size table and chairs, with access in place leading directly into the former forge. Furthermore, the kitchen includes a range of shelving, a utility area, an integrated electric double oven and hob, a dishwasher, a copper sink and a part-vaulted ceiling with three skylight windows.
On the first floor, there are four comfortable double bedrooms, two of which are dual-aspect and take in the lovely countryside views. The family bathroom is generous in size and fitted with a white suite comprising a panelled bath, a low level WC, a pedestal wash hand basin and a heated towel rail. Completing the accommodation is an extra WC and basin, located off the landing.
The Former Forge:
Adjoining the main house and the bungalow is a former stone forge/workshop, which is currently used for storage and has light, power and the gas-fired boiler for the central heating. The forge offers considerable scope for conversion, subject to gaining the relevant consents.
The Bungalow:
The attached one bedroom bungalow is the perfect option for multi-generational living, those with older children/young adults and buyers hoping to generate a second income. The accommodation comprises a roomy sitting/dining room, a kitchen, one double bedroom and a bathroom. In addition, attached to the bungalow (accessed from the parking area) is a further room a garden store or home office, which could be incorporated within the bungalow for those requiring more space.
OUTSIDE
A gated access opens into a large driveway, providing off-road parking for numerous vehicles and leading to a detached double garage. The total plot measures approx. 0.90 acre and is divided into various sections. To the right of the parking area is the main area of garden which is predominantly laid to lawn and is bordered on the roadside by hedgerows. Incorporated within this part of the grounds is a static caravan, with water and electricity available.
A gateway from the parking area then leads into the section of garden in front of the property and bungalow, which includes sections of lawn, patio and stone chippings, as well as places for outdoor seating looking out across the neighbouring fields.
The more formal garden is located on the south-western side of the property and enjoys plenty of sunshine throughout the day. Also laid to lawn and enclosed by fencing, this part of the garden has established shrub borders, mature trees and a garden pond which leads to a further wooded area beyond.
The property is located within the hamlet of Stone, forming part of the parish of East Pennard (along with the nearby hamlets of Parbrook and Huxham). Situated on the A37, the property is conveniently located for the market towns of Castle Cary, Shepton Mallet and Glastonbury, as well as the City of Wells and Yeovil.
The attractive and thriving market town of Castle Cary (6 miles) 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. The closest supermarket is located at Shepton Mallet (7 miles).
Transport links are plentiful, with the A37 leading directly to the A303 (8 miles). The A361, A371 and A39 are also within easy reach. For those wishing to travel by train, Castle Cary mainline railway station is 5 miles away, with regular services to London Paddington.
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.
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