4 bedroom detached for sale

£825,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

An outstanding, detached residence standing on its own substantial plot extending to 0.83 acre. Four bedrooms, three bathrooms, detached double garage.


The Grooms was built in the mid 1980s, featuring stone elevations beneath a tiled roof. This deceptively large property offers exceptional ground floor accommodation that features the master bedroom suite, incorporating a large bedroom, dressing room and a luxuriously appointed en suite bathroom with separate shower. The room sizes throughout are exceptional with the overall accommodation extending to just under 220 sq metres.

This immaculate home has been considerably improved by the owners who have carried out a comprehensive programme of enhancement with the result being a stylish and luxuriously appointed home.

The ground floor comprises an entrance lobby that opens to a cloakroom and a separate door opens to a large inner hallway. This features a vaulted ceiling with a Velux, stairs rising to the first floor and a glazed door opening to the patio. The study is of a generous size and offers ample space for those looking to work from home.

The kitchen/breakfast room is fitted with a bespoke range of base storage cupboards with granite worktops over, a most appealing circular island with a timber top and integrated storage, a built in Miele eye level oven and a separate integrated under counter cooker with twin ovens and a large induction hob over. There is plumbing for a dishwasher, a built in cooker hood, space for an American style fridge/freezer and ample space for a table and chairs. Beyond the kitchen is the utility room that houses the Grant oil fired boiler that was installed in 2018 and is serviced annually. The utility also features a worktop with sink, wall cupboards and space for white goods.

The highly impressive reception room is a particularly welcoming room with the focal point being a substantial fireplace and chimney breast and a Morso wood burner on a flagstone hearth. Dual aspect and French doors open to a lovely conservatory which is glazed on three sides and has a most pleasant aspect over the grounds to the rear.

Accessed from the hallway is the master bedroom suite with the bedroom having double doors opening to outside, airing cupboard and door opening to the dressing room. This has ample space for freestanding furniture or could be fitted out if desired. Directly off is the large en suite bathroom that includes a bath, large shower enclosure, W.C., bidet and wash hand basin.
On the first floor are three further bedrooms with the largest having an en suite shower room, perfect for guests. Further is a well appointed bathroom that features an integrated shower system.

SERVICES & OUTGOINGS

We understand that mains electricity, water and drainage are connected to the property. Oil fired central heating.

Council Tax: Mendip CouncilBandF.

ADDITIONAL INFORMATION

Broadband: FTTPUltrafast full fibre broadband is availablehighest available download speed 1600 Mbps, highest available upload speed 115 Mbps. (Openreach).

Mobile Coverage: Available via EE, O2, Three 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 a very low from River/Sea and Surface Water flooding (defined as the chance of flooding each year as less than 0.1%).

Subsidence: During the pandemic the conservatory was assessed for potential subsidence. The cause was a tree root and clay shrinkage. The tree was removed, remedial work to the property was minimal and a certificate of structure adequacy issued.

This small hamlet is very conveniently situated for access to a variety of local towns to include Somerton, Castle Cary, Bruton and Sherborne, all of which offer a good range of amenities and facilities. East Lydford has a popular public house, The Cross Keys, together with a village church. The nearby A37 provides quick access down to the A303, whilst to the north the cities of Bath and Bristol are readily accessible. There is excellent schooling in the area, both state and private, including the likes of Kings Bruton, Hazlegrove, Sherborne, Millfield and Sexeys (Bruton). There are mainline stations at Castle Cary (London Paddington line) and Sherborne (London Waterloo line).

The Grooms is approached from Church Lane via a gated driveway that opens to extensive off road parking. The driveway also incorporates a large detached double garage with twin remotely controlled roller doors, internal roof storage and side personal door. There is a useful log store to one side together with a greenhouse and also the oil storage tank. There are areas of garden to both sides of the house, one featuring a former vegetable growing area. The main grounds lie to the rear, substantial in size, mainly lawned with a wide selection of fruit trees together with mature shrubs and beds. Immediately behind the house is a large patio/sun terrace that features numerous climbing plants and is an ideal place for entertaining/outside dining. The garden extends further to one side and offers a high degree of privacy.

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

£ 683325

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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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
    £ 20625
  • 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

£ 64575
  • 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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