3 bedroom country house for sale

£735,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Nestled in the picturesque village of East Harptree, this striking country home offers a unique blend of elegance and charm. The accommodation is over 1933 sqft, offering a decent space for someone to work with. The property is full of history, the current family have been in ownership since the mid 1800s, making this a very rare purchase.

Approached from the quiet Church Lane, you will find Coombe Lodge. On opening the front door you will come into the entrance hall where youll be greeted by the central staircase, decent ceilings height, and beautifully preserved original features such as the gorgeous beams. The propertys interior boasts spacious accommodation throughout and is arranged over two floors. With a light-filled reception room one side of the hall and a dining room with fireplace and parquet flooring the other-side of the hall. The kitchen is currently set up as a long kitchen leading into a kitchen utility but could easily changed. Alternatively it could be opened up to make a more open plan style living space. There is the back door entrance and a WC/cloakroom.

On the first floor you are greeted by an extremely spacious long hallway with doors to all three bedrooms. Each bedroom is of generous size. All enjoy views to the front of the property. Completing this floor is the family bathroom at the end of the landing.

The exterior boasts a driveway to the back of the property, which provides parking. In addition there is a garage and a room above which is accessed by stone steps on the outside, very spacious and was previously used as a workshop. A further stone building, again previously used as a work shop. The gardens are of approximately an acre and are well kept. Dont miss out on this rare development opportunity which is sure to impress any buyer. The property is offered as freehold and there is no onward chain.



Tenure: Freehold
Council Tax band: F
Local Authority: Bath And North East Somerset

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

£ 609075

Mortgage Loan to Value

%

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
    £ 18375
  • 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

£ 57825
  • 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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