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26 Fore Street, Silverton
£500,000 Guide Price
Bedrooms
Bathrooms
This spacious and light-filled three double bedroom detached home is located in a popular area of Taunton, with Musgrove Park Hospital and the town centre just a short walk away, and sits in the Castle School catchment area.
THE LAYOUT
The ground floor offers a perfect blend of coziness and open-plan elegance. At the front, a warm and inviting sitting room provides a snug retreat, ideal for quiet evenings. Beyond, the space opens into a stunning main living area and kitchen, where a freshly laid herringbone flooring provides a refined finishing touch to the space. Flooded with natural light, the expansive room is designed for both relaxation and entertaining, with sleek bi-fold doors that seamlessly connect the indoors to the garden, creating a beautiful flow between home and nature.
Upstairs, the natural light continues to flow through all rooms. Three generously sized double bedrooms two with beautiful feature fireplaces are complemented by a separate dressing room and a contemporary bathroom, complete with both a bath and a walk-in shower.
OUTSIDE
The sun soaked south-facing garden is perfect for making the most of warmer days. A spacious patio provides an ideal spot for outdoor dining, while the neat and level lawn offers plenty of space for children and pets to utilise. At the end of the garden, a handy shed provides extra storage.
THE AREA
Taunton, the vibrant county town of Somerset, offers a fantastic mix of culture, green spaces, and modern amenities. With a bustling town center filled with shops, cafes, and restaurants, as well as excellent transport links, including a mainline train station with direct routes to London Paddington, its a highly desirable place to live. The town is surrounded by beautiful countryside, including the Quantock Hills, perfect for outdoor enthusiasts. Families are particularly drawn to the area for its excellent schooling options, both private and state, including the highly sought-after Castle School, which continues to be an Ofsted rated outstanding school. With a rich history, a welcoming community, and plenty to see and do, Taunton is an ideal place to call home.
what3words location: union.figure.merit
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
26 Fore Street, Silverton
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