5 bedroom semi-detached for sale

£550,000

5

Bedrooms

2

Bathrooms

2

Reception

Floorplan

Situated in a picturesque rural hamlet, within easy reach of a number of amenities, is this substantial character property which retains many period and charming features and offers well-proportioned accommodation including, five bedrooms, an impressive lounge with wood burner, study, open-plan kitchen/diner, and generously sized gardens to both front and rear aspects.

AT A GLANCE
Attached Character Property
Many Character Features
Five Bedrooms
First Floor Bathroom
Two Reception Rooms
Kitchen/Dining Room (with Underfloor Heating)
Utility Room/WC
Generously Sized Front Garden with Outbuilding
Enclosed Lawned Rear Garden
Parking On Own Driveway
Photovoltaic Solar Panels
Solar Thermal Panels (Currently Disconnected)

Services:
Oil Central Heating
Electric Underfloor Heating to Kitchen/Diner, and Bedrooms 3 & 5.
Mains Water, Electricity & Drainage
Open Fireplaces

ACCOMMODATION
This rural residence briefly comprises: Entrance hallway, study, utility room/WC, lounge with feature fireplace and kitchen/diner with fireplace to the ground floor. Arranged on the first floor and accessed from the split-level landing are four double bedrooms and a fifth bedroom (or study), also to the first floor is a bathroom.

Externally, there is parking on own driveway to the front aspect, beyond the driveway is a generously sized area of garden which is predominately laid to lawn with vegetable plot and chicken coop, there is also a charming outbuilding which serves as a snug. To the rear aspect is an enclosed rear garden with both seating and lawned areas, side access.


LOCATION
Shurton is a quiet hamlet, home to an award-winning pub. Situated within 1 mile of Hinkley Point Power Station and is close to both the Quantock Hills, designated an Area of Outstanding Natural Beauty and the North Somerset coastline. Also 1 mile away is Stogursey, a pretty village in north-west Somerset, 3 miles from the A39, 9 miles from Bridgwater and between the Quantock Hills and Bridgwater Bay. It has a fantastic church, a castle with moat, shops, a primary school, and two pubs.

The market town of Bridgwater offers a range of amenities, shopping and leisure facilities, together with two junctions of the M5 Motorway and also a mainline train station. The county town of Taunton is also within reach over the Quantock Hills to the south.


VIEWINGS BY APPOINTMENT ONLY
To arrange a viewing appointment or to discuss this property further please contact Joseph Casson Estate Agency on 01278 258005.


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

£ 456450

Mortgage Loan to Value

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Gross Yield

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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
    £ 13750
  • 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

£ 43950
  • 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

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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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