3 bedroom detached for sale

£850,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

A most attractive and particularly charming detached period house, desirably located within the heart of the sought-after village of Pilton. Set within a superb plot of 0.33 acre, this delightful property benefits from beautiful gardens, a double garage and ample parking. The accommodation is versatile with lots of character and is likely to appeal to a variety of purchasers. EPC rating G.


A door to the front of the property opens into an entrance porch, which has an inner door opening through to the sitting/dining room.
The propertys main reception room, the sitting/dining room is finely proportioned, with two windows at the front looking out over the stunning gardens. The sitting room incorporates a pretty fireplace with shelved alcoves on either side, exposed beams, plenty of space for a dining table and chairs and the staircase to the first floor, with a storage cupboard beneath.

A door from the dining area then leads through to the kitchen, which is fitted with a range of matching oak floor and wall units. This dual-aspect room includes the boiler for the oil-fired central heating, further built-in storage and continues into the adjoining living room. The second of three reception rooms, the living room is versatile and could be utilised as a separate dining room if desired. Also with windows to the front and rear, the living room gives access to a useful utility room with a WC, and through to the family room via a small inner hall. The family room is generous in size with a window and an external door to the front of the house. A second staircase from the inner hall then rises to a home office or fourth bedroom. On the first floor, there are two double bedrooms, both with a front aspect (facing south) with a wonderful outlook. The bedrooms on this level are separated by a central family bathroom. A staircase then provides access to the second floor, where there is one further double bedroom, a shower room and entry into accessible loft storage.

OUTSIDE
Approached from Barrow Lane, a gated entrance at the rear of the property leads to a block paved driveway providing off-road parking for numerous vehicles. The driveway then leads to a detached double garage which is partly divided, with two up and over doors at the front, an inner door, a window on each side, light and power. There is an area of garden to the rear, mainly laid to lawn with plenty of space for seating. The oil tank for the central heating is also located on this side of the property.

Occupying a generous plot of approx. 0.33 acre, the property benefits from beautifully maintained gardens. Undoubtedly one of the main selling points, the delightful gardens are predominantly laid to lawn with attractive planting, established shrubs and a wide range of mature trees. A real haven for those who enjoy gardening and wildlife, the outside space incorporates a wooden bridge crossing the stream that runs through the plot, with the section beyond offering privacy and a lovely spot for seating.

The property is favourably located within the highly desirable village of Pilton, famous for Glastonbury Festival and lying in a convenient position between the market towns of Glastonbury and Shepton Mallet. The Cathedral City of Wells and the bustling village of Street are also within easy reach, with all four providing a wide range of day-to-day amenities, major supermarkets, outstanding schooling and local facilities.

Pilton is a historic village with a thriving community and offers a wonderful variety of local groups and societies. It has an 11th century church, 14th century tithe barn, recreation ground with play park, the Pilton Club a superb community venue with bar and live music, village hall, an excellent pub (The Crown Inn) and a Co-Op convenience store. Nearby Wells enjoys stunning architecture including its beautiful cathedral and the Bishops Palace. There are good road links via the nearby A37 leading to the A303 and easy road access to Castle Cary, with mainline train service to London Paddington (1hr 40 mins).



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

£ 703950

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
    £ 21250
  • 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

£ 66450
  • 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.

Notes

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