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£315,000
Bedrooms
Bathrooms
An exceptional opportunity to acquire a larger-than-average modern semi-detached home, situated in the sought-after area of Homefield, Cheddon Fitzpaine, Taunton. This immaculately presented property offers versatile and stylish accommodation, ideal for contemporary family living, the property is well maintained throughout, boasting contemporary dcor and high-spec finishes. Conveniently located, the home benefits from excellent local amenities, schools, and transport links, all while enjoying the peaceful surroundings of Cheddon Fitzpaine.
The spacious accommodation comprises an entrance hall with stairs rising to the first floor and a cloakroom/wc, generously sized living room, stunning kitchen/dining room with integrated appliances and double doors to the rear garden, principal bedroom with an ensuite shower room, two further bedrooms and a good sized family bathroom. There is drive parking to the side leading to an attached garage with an up and over door, electric light and power, whilst to the rear is an enclosed garden with a paved patio area, upper decked patio area and an artificial lawn.
TOTAL FLOOR AREA
105 sq.m.
TENURE
Freehold.
There is a service charge payable to Pinnacle Property Management of 219.21 per annum for the upkeep of communal areas.
COUNCIL TAX
Somerset Council Tax Band C. Charges payable for 2024/25 - 1,951.48
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 1,800Mbps are available. For an indication of broadbandspeeds as wellas mobile phone signal and coverage available please refer to the Ofcomchecker website.
Agents Note.
This property is owned by a staff member of Ware & Company.
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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