3 bedroom detached for sale

£450,000

3

Bedrooms

1

Bathrooms

Floorplan

Beautifully appointed detached home in the highly desirable South Somerset village of Higher Odcombe.
With gated driveway parking, garden to the rear and home office, this 3-double bedroom house is presented to the very highest standard throughout and viewing is therefore highly recommended.

ENTRANCE HALL Wooden front door opening into the front entranceway with doors leading to the kitchen and both reception rooms.
Neutral decor and grey carpet.


SITTING ROOM 23 11" x 11 3" (7.3m x 3.45m) Very large sitting room with double glazed bay window to the front and additional side aspect window.
White and dark green feature wall decor with a grey carpet.
Feature stone fireplace with electric stove fitted.
Two radiators.

KITCHEN 15 1" x 12 9" (4.6m x 3.9m) Very attractive and spacious kitchen with the glass-sided staircase rising to the first floor to one side.
Fitted high-gloss units in neutral tones with a central island and solid wood work surfaces.
Fitted double electric ovens, induction hob and spaces for wine cooler and dishwasher.
Wooden laminate flooring and neutral decor.
Large double glazed window with side aspect and radiator.

UTILITY ROOM 12 1" x 7 2" (3.7m x 2.2m) Useful utility / boot room with cream tiled floor and a range of white units with grey work tops.
Space for washing machine and tumble dryer, with the Vaillant gas boiler wall mounted.
Double glazed window to the rear.

DINING ROOM 11 9" x 11 5" (3.6m x 3.5m) Second reception via opening from the kitchen, with double glazed bay window to the front.
Grey textured carpet and neutral decor.
Radiator.

REAR HALLWAY Giving easy access to the house from the driveway and garden is a double glazed side door into the spacious and light rear hallway.
With two double glazed windows to the rear and plenty of space for shoes/coat storage.
Cream tiled flooring and neutral decor.
Radiator.

WC Downstairs WC with white corner toilet and hand wash basin.
Cream tiled flooring and white walls.
Radiator and extractor fan.

STAIRS AND LANDING Very attractive staircase rising to the first floor landing.
With white walls and grey carpet.
Solid wooden doors opening to the bedrooms and main bathroom.
Loft hatch.

BEDROOM ONE 13 1" x 12 5" (4m x 3.8m) Large double bedroom with double glazed window to the front.
Grey carpet and white walls.
Grey fitted wardrobes plus eaves storage/access.
Radiator.

BEDROOM TWO 11 5" x 9 10" (3.5m x 3m) Double bedroom with double glazed window to the rear.
White walls and grey carpet.
Walk-in wardrobe and two eaves cupboards/access.
Radiator.

BEDROOM THREE 11 1" x 11 1" (3.4m x 3.4m) Double bedroom with 5 Velux windows.
White walls and grey carpet.
Eaves cupboard and radiator.

BATHROOM Luxury bathroom in wet-room style with white suite of toilet and basin in fitted cupboard and double shower at the far end.
Grey mottled vinyl flooring and grey marble-effect wall tiling.
Velux window and chrome heated towel rail.
Extractor fan.

HOME OFFICE To the rear of the garden one of the outbuildings has been converted for use by the current owners as a home office. With power, lighting and window over-looking the garden.

OUTSIDE The front of the property is bordered by traditional stone wall with wooden double gate opening to the paved driveway which can easily accommodate two vehicles.
The rear garden is landscaped over several levels with thoughtful planting providing shade and interest, with a decked seating area to enjoy the summer sunshine.
There is a shed for garden tools etc.

Map location is not available for this property.

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

£ 373950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 11250
  • 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

£ 36450
  • 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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