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£440,000
Bedrooms
Bathrooms
Situated on the leafy eastern fringe of Norton Fitzwarren, this striking contemporary detached house was completed to an exacting specification just over a decade ago. Arranged across three light-filled storeys, it offers enviable space for modern family life from impressive open-plan entertaining areas to a choice of quiet retreats for working or relaxing.
Norton Fitzwarren is a well-served and growing village community located just over two miles west of Taunton, Somersets county town. The village itself offers a range of local amenities including a convenience store with post office, popular primary school, community centre, doctors surgery, veterinary clinic and takeaways. A Co-op supermarket is also nearby, with further retail options at Silk Mills Retail Park just a short drive away.
The property briefly comprises an entrance hall with a good sized utility/wc off, a comfortable living room to the front and a very spacious kitchen/dining room with integrated appliances and double doors to the rear garden. To the first floor is a spacious principal bedroom with dressing area and a private en suite shower room. Two further double bedrooms are located on this level, both served by a stylish family bathroom. Finally to the second floor are two more generously sized bedrooms and a modern shower room, making this floor an ideal suite for older children or visitors.
Map location is not available for this property.
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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