3 bedroom detached for sale

£575,000

3

Bedrooms

2

Bathrooms

Floorplan

Nestled on the outskirts of the delightful village of North Newton, this enchanting detached thatched cottage offers a perfect blend of period charm and modern convenience. Located just a short distance from the picturesque Taunton to Bridgwater Canal, this property provides a serene countryside retreat while maintaining excellent connectivity to nearby towns and amenities.Set within approximately one-third of an acre, the cottage is surrounded by breathtaking gardens that enhance its charm and tranquillity. A winding driveway leads through the grounds, providing ample parking and access to a large detached garage and carport. This beautiful cottage welcomes you through an inviting entrance porch, setting the tone for the warmth and elegance that lies within. Two charming reception rooms provide cosy yet spacious living areas, featuring delightful period details. The well-appointed kitchen is perfectly positioned for convenience and there is a generously sized conservatory an idyllic space to enjoy the garden views year-round. Rounding off the ground floor is an ensuite guest bedroom and further bedroom/study. The first floor boasts a well-proportioned double bedroom and a spacious four piece bathroom, offering comfort and practicality.

The beautifully landscaped gardens boast a variety of mature trees, vibrant flower beds, and carefully manicured lawns, creating a haven for nature lovers. Winding pathways lead through secluded seating areas, allowing you to fully appreciate the serene environment. The gardens are designed for year-round enjoyment, with bursts of color in every season and plenty of space for outdoor activities, gardening, or simply unwinding in the tranquil setting. A delightful summerhouse offers additional outdoor space, perfect for relaxation or entertaining amidst the stunning natural surroundings.

This truly exceptional thatched cottage is a rare gem that must be seen to be fully appreciated. If you are looking for a home that offers character and charm, in a stunning setting, then look no further.

TOTAL FLOOR AREA
121 sq.m.

TENURE
Freehold

COUNCIL TAX
Somerset Council Tax Band D. Charges payable for 2024/25 - 2,727.64

SERVICES
Main services of electricity and water are connected. Septic tank drainage and oil fired central heating.
Broadband/Mobile phone coverage- The option of standard broadband withspeeds upto 6mbps are available. For an indication of broadbandspeeds as wellas mobile phone signal and coverage available please refer to the Ofcomchecker website.



Features
  • Freehold

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

£ 477075

Mortgage Loan to Value

%

Gross Yield

%

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
    £ 14375
  • 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

£ 45825
  • 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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