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£399,950
Bedrooms
Bathrooms
Situated in one of Tauntons most desirable areas, moments away from excellent amenities, highly respected schooling and Musgrove Park Hospital, this extended and immaculately presented family home comes to the market highly recommended by the sole agents, Ware & Company.
Refurbished to exacting standards by the current owners, this deceptively spacious home has been upgraded to an exceptionally high standard, combining contemporary style with comfort and practicality. There is drive parking space, a large single garage with workshop area off to the side, good sized enclosed and private garden to the front laid to lawn with raised vegetable beds and an enclosed garden to the rear with a level lawn, flower and shrub bed borders and a recently built open side timber garden room ideal for outdoor dining or as a relaxation space throughout the year. There is an additional parking area just off the road to the front.
The accommodation briefly comprises an entrance hall with stairs rising to the first floor and a door to the cloakroom/wc, spacious living room with a large glass sided balcony off, dining room opening onto the refitted kitchen with integrated appliances, three first floor bedrooms and a contemporary four piece bathroom.
TOTAL FLOOR AREA
104 sq.m.
TENURE
Freehold
COUNCIL TAX
Somerset Council Tax Band C. Charges payable for 2024/25 - 2,138.98
SERVICES
Main services of gas, electricity, water and drainage are connected.
Broadband/Mobile phone coverage- The options of standard, superfast and ultrafast broadband withspeeds upto 1000mbps are available. For an indication of broadbandspeeds as wellas mobile phone signal and coverage available please refer to the Ofcomchecker website.
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.
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