4 bedroom detached for sale

£725,000

4

Bedrooms

Floorplan

Unique opportunity to purchase this recently-built detached executive home set in just under an acre of gardens on the edge of the South Somerset village of Sparkford and within easy access of major transport routes, Sherborne, Bruton and Hazelgrove schools and surrounded by the beautiful South Somerset countryside.
Immaculately presented throughout with all modern conveniences and air sourced pump heating, this highly-energy efficient home ticks all the boxes!

ENTRANCE HALL Double glazed front door opening into the light and airy ground floor hallway, with doors leading to all rooms.
Stairs rise ahead to the first floor.
Cream tiled flooring and white walls.
Underfloor heating (note that the entire ground floor benefits from under-floor heating).
Under-stairs cupboard.

KITCHEN/DINER 19 0" x 9 10" (5.8m x 3m) A real family hub, the large open-plan kitchen-diner with double glazed window and French doors opening the rear garden is the epitome of modern family living.
The cream tiled flooring and off-white walls set off the pale grey modern kitchen fittings with wood-effect work surface. The kitchen benefits from a full range of Neff integrated appliances including fridge-freezer, double oven, microwave, dishwasher and extractor fan.

UTILITY ROOM With a door to the rear of the kitchen the utility room provides useful ancillary work space together with a second sink, cupboards and space for laundry appliances.
Double glazed door opening to the side of the house / driveway.
Fittings to match the kitchen.

DINING ROOM 15 1" x 11 1" (4.6m x 3.4m) With French doors opening to the rear patio area, and internal doors into the sitting room, the dining room is the perfect entertaining space and for making the most of inside-outside living during the warm summer months.
Off-white decor and grey carpet.

SITTING ROOM 15 1" x 18 0" (4.6m x 5.5m) Large front reception room with double glazed window to the front.
Pale grey decor and grey carpet.

CLOAKROOM Ground floor WC with white fitted toilet and hand wash basin.
Cream tiled flooring and neutral-tiled walls.
Extractor fan.

STUDY 11 9" x 6 6" (3.6m x 2m) Useful third reception room, either a study, playroom or similar.
Double glazed window to the front.
Grey carpet and off-white walls.

STAIRS AND LANDING Grey carpeted stairs rise to the first floor landing which is wide and light with double glazed window to the front. White walls.
Airing cupboard housing the hot water cylinder.
Radiator and loft hatch.

BEDROOM ONE 12 9" x 13 1" (3.9m x 4m) Large master bedroom with en suite shower room.
Double glazed window to the front and radiator.
Fitted wardrobes across one entire wall with sliding doors.
Pale grey walls and carpet.

ENSUITE Shower room with double glazed window to the side.
Cream and grey tiled floor and walls.
White fitted toilet and hand wash basin.
Large shower enclosure with rainfall style shower head.
Radiator.

BEDROOM TWO 11 9" x 12 9" (3.6m x 3.9m) Double bedroom with double glazed window to the front.
Pale grey walls and carpet.
Radiator.

BEDROOM THREE 12 9" x 9 6" (3.9m x 2.9m) Double bedroom with double glazed window to the rear.
Pale grey walls and carpet.
Radiator and fitted wardrobe with mirror doors.

BEDROOM FOUR 9 6" x 10 2" (2.9m x 3.1m) Double bedroom with double glazed window to the rear.
Pale grey walls and carpet.
Radiator.

BATHROOM Family bathroom with double glazed window to the rear.
Grey wall and floor tiles.
White fitted toilet and hand wash basin; bath with shower above and fixed screen.
Radiator and extractor fan.

GARAGE Double garage with 2 up-and-over automated doors to the front and a personal door to the rear opening into the garden.
Electrical power supply and lighting.

OUTSIDE The house benefits from a large driveway with space for at least 4 cars. To the right of the driveway is a double wooden gate (vehicle width) giving access to the rear garden.
The house sits within 0.95 Acres with an expanse of lawn to the rear with large patio adjacent to the house.
The property boundaries include a small wooded area to the left of the main back garden as well as the grass verge area to the front of the house.
There is huge potential for further enhancements of this huge plot!

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

£ 600825

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
    £ 18125
  • 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

£ 57075
  • 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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