4 bedroom detached for sale

£550,000

4

Bedrooms

3

Bathrooms

3

Reception

Floorplan

A rare opportunity to purchase a statement home full of character and history has emerged in the charming village of Pawlett. This unique property, formerly Pawletts village school, offers a glimpse into the past while providing flexible accommodation measuring over 4100 square feet (380m2).

Positioned overlooking a picturesque church and its grounds, this substantial detached family home boasts three separate reception rooms including an impressive snooker room with vaulted ceiling (formally part of the old school hall). The conversion of the school into a residential property has been done with great care, preserving its charm, period features and impressive proportions whilst adding modern practicality.

With such a rich history, this home offers a truly exceptional living experience. Exploring its rooms and hallways will transport you back in time, while the spacious layout allows for modern living and customization to suit your needs. To truly appreciate the unique features and grandeur of this property, an internal viewing is highly recommended. Dont miss the chance to own a piece of Pawletts history.

AT A GLANCE:
Detached Character Property
In Excess of 4000 sq. ft. (380m2) of Accommodation
Many Character Features
Four Double Bedrooms
Two En-Suite Bathrooms & Family Bathroom
Two Loft Rooms
Lounge & Separate Dining Room
Snooker Room with Mezzanine Area
Kitchen/Breakfast Room
Utility Room, Pantry & Cloakroom (WC)
Double Glazing & Oil Central Heating
Enclosed Landscaped Garden
Views Of Surrounding Countryside & Church
Parking On Own Driveway

ACCOMMODATION
This substantial property briefly comprises: entrance hallway, three large reception rooms including a snooker room with mezzanine area, kitchen/breakfast room, conservatory, utility room and cloakroom to the ground floor. With four bedrooms, two with en-suites, spacious family bathroom accessed from the landing. Accessed off the first floor landing is a staircase to the second floor with a landing and two loft rooms.

Externally the property faces an attractive church and grounds. Parking is on own gated and shingled driveway, with the option of further a parking space to side of the property. There is an enclosed landscaped garden which is established with a variety of shrubs, tree and flower beds; tucked around the side is a private area which has space for a hot tub and a covered seating area. Accessed via a staircase is a raised decked area offering impressive views of the surrounding countryside with a log store beneath.

LOCATION
The Old School is positioned overlooking the village church and its grounds; a beautiful building that dates back to the 14th century. Adjacent is the village green, village hall and small playground.

Pawlett is a charming village located on the estuary of the River Parrett. It is situated in the Sedgemoor district of Somerset, just 4 miles away from Bridgwater. The village is known for its picturesque location, with the river flowing gently through it, and its mix of beautiful properties that are nestled amongst the leafy lanes.

Pawlett is a small village, but it has a lot to offer. It has a primary school that provides quality education to the children of the village. The school has a friendly atmosphere and is known for its excellent academic results. The village also has a hairdresser, which is popular among the locals.

In addition to this, Pawlett has sports and play facilities that include a pavilion. The pavilion is used for a variety of activities, including sports, meetings, and events.

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

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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
    £ 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.

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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
    £

    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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