4 bedroom detached for sale

£800,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

An attractive and finely-proportioned detached house situated in the heart of Chewton Mendip. Offering well-balanced and versatile accommodation, the property includes four bedrooms, three reception rooms and a fabulous extended kitchen. This superb Victorian home also provides ample parking, delightful gardens and a wonderful detached studio with adjoining workshop. EPC rating E.


Homedene is an appealing family home with spacious living accommodation measuring over 2100 Sq. Ft. The multiple reception rooms provide flexibility, ideal for those with children or buyers seeking space for home working. Available to purchase for the first time in over 30 years, this imposing property is perfectly placed for the village school and amenities.

A door to the front of the property opens into a light and airy hall which incorporates the staircase to the first floor accommodation with a storage cupboard beneath. To the left of the hall is the main sitting room, generous in size and dual-aspect, with a set of double glazed patio doors to the rear. This comfortable reception room includes traditional window shutters and an attractive period fireplace. Across the hall is the second reception room, which has a double glazed bay window to the front. A door at the back of this room then leads into the rear section of the hall and through to a downstairs WC and the dining room.

Much like the aforementioned reception rooms, the dining room could be utilised as a further living room or snug, as it is currently presented. A beautiful central fireplace houses an inset wood-burning stove providing a lovely focal point, with a range of shelving on either side. This cosy room has an additional set of double glazed patio doors opening out to the garden, a tiled floor, as well as an opening through to an extended kitchen/breakfast room. Fitted with a bespoke range of quality handmade oak floor and wall units with granite work surfaces, the impressive kitchen has a striking vaulted ceiling with exposed oak beams. With a glazed door and window to the garden plus three skylight windows, the kitchen enjoys lots of natural light and offers a large island with a breakfast bar, further space for a table and chairs and room for a freestanding range cooker. Located at the rear of the kitchen is a useful utility room, which has a Belfast sink unit, plumbing for a washing machine and extra storage.

On the first floor, a spacious landing has three windows to the rear and provides space for a study or reading area, if desired. There are four double bedrooms upstairs, three of which have fitted wardrobes. In addition, there is a well-appointed family bathroom with twin basins and a separate shower room finished in a contemporary style.

OUTSIDE
A stone-chipped driveway to the front of the property provides off-road parking for numerous vehicles, enclosed by high stone walling. Double gates open into the first part of the well-tended garden, which is predominantly laid to lawn with established planting and a patio seating area perfect for outdoor dining. Situated within this section of the garden is a most attractive detached stone former coach house, which has been converted into a fantastic studio (with power and water) with an adjoining workshop and an accessible large loft space above. The studio would also make a superb home office, gym or playroom, with future scope for ancillary accommodation (subject to gaining the relevant consents).

Beyond the studio is a further area of raised lawn, which then leads to a beautiful wild flower meadow and a productive organic vegetable garden with a greenhouse.

The sought-after village of Chewton Mendip lies in a convenient position north of Wells and is 15.5 miles to both Bristol and Bath. The village has a primary school with an outdoor heated swimming pool and enviable reputation as well as a good community spirit. Further facilities include a pre-school, a village hall, a church, a public house and The Mendip Pantry a family run caf and village store. Chewton Mendip is situated within the Mendip Hills, an area of Outstanding Natural Beauty.

Wells is a short drive to the south where there are excellent secondary schools, namely Wells Cathedral School and The Blue School. Mainline railway stations are within easy reach at Castle Cary, Bristol & Bath with direct links to London.

Map location is not available for this property.

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

£ 662700

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
    £ 20000
  • 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

Adjust these figures

£

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

£ 62700
  • 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

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  • Final Equity Profit
    £

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

  • Cumulative Rental Profit
    £

    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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