4 bedroom detached for sale

£865,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

An impressive four/five bedroom detached house with versatile accommodation, large south facing rear garden, double garage/workshop and parking. Situated in the most sought after of Somerset villages with remarkable far reaching views across the surrounding countryside.



Catherines Close comprises a substantial detached village residence, sitting within a generous plot of 0.42 of an acre with far reaching countryside views at the rear that provide an incredible backdrop for the house. The property is situated in a quiet, tucked away position, yet still within close proximity to the village centre and its range of amenities.

The accommodation in this much extended family home comprises an entrance hallway with a large storage cupboard and stairs leading to the first floor. The sitting room is light and spacious and has woodblock flooring, windows to the front and side and double doors leading to the conservatory, beyond which is the garden.

The extended kitchen/dining room is located to the rear of the property. The kitchen has a range of fitted wall and base units and benefits from an AGA. There is space for a fridge, and plumbing and space for a dishwasher. The large dining area has two windows to the rear aspect.

Further on the ground floor is a second kitchen (with space for a cooker, washing machine and tumble dryer), a reception room with doors leading to the garden, a shower room and a bedroom (with lift to the first floor). Together these rooms create an ideal self-contained annexe.

On the first floor there are four bedrooms. The master bedroom benefits from an en-suite bathroom, fitted wardrobes and a sliding door leading out on to the balcony. Bedroom four is also located at the rear of the property and has a window overlooking the balcony, whilst bedroom two is located to the front of the property and bedroom three is located on the side of the property and benefits from windows on three sides.

SERVICES & OUTGOINGS

We understand that mains electric, gas, water and drainage are connected to the property. Gas fired central heating. AGA.

Council Tax: Somerset CouncilBand F.

ADDITIONAL INFORMATION

Broadband: FTTCSuperfast Fibre broadband is availablehighest available download speed 62 Mbps, highest available upload speed 13 Mbps. (Openreach).

Mobile Coverage: Available via EE, and Vodafone. For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.

Flooding: The property is in an area at no risk from River/Sea and Surface Water flooding.

The property is situated in a private position, yet close to the heart of the popular village of Montacute, home of the National Trust owned Montacute House.

The village itself justifiably lies within a conservation area and benefits from amenities including a shop, post office, fuel station, pub and hotel, church, village hall, pre-school and primary school with a secondary school within walking distance.

The commercial centre of Yeovil is just 5 miles away with a wider range of shopping and leisure facilities on offer. Transport links are good with the A303 trunk road just 2 miles distant and train stations within Yeovil offering regular rail services to London (Waterloo), Exeter and Bristol.

The front garden is mainly laid to lawn with a selection of flower borders, bushes and shrubs surrounding.

The driveway sweeps beyond the house where it continues to the double wooden gates leading to an area that could be used for additional parking if required. There is also a double garage/workshop with up and over doors.

The rear garden is enclosed by a Hamstone wall and has a good sized patio area with the majority of garden mainly laid to lawn and having a variety of flower borders, bushes, shrubs and trees. There is also a vegetable plot and a gravelled area. The garden backs on to fields and farmland.

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

£ 716325

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 21625
  • 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

£ 67575
  • 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.

£

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.

Total Profit

£
  • 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

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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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