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The George Shopping Centre, TA18 7LU
£425,000
Bedrooms
Bathrooms
Reception
This charming three-bedroom detached bungalow has been thoughtfully updated to meet modern standards, featuring an air source heat pump, solar panels, an up to date water heating system, and recently replaced cavity wall insulationall completed within the last two years. The property is double glazed and benefits from a garage, driveway, and a beautifully maintained rear garden. It is being sold with no onward chain, offering a seamless transition for its next owners.
The accommodation is well-arranged and includes an inviting entrance hall, a spacious open-plan living and dining room, a well-appointed kitchen, a cloakroom, a wet room, three comfortable bedrooms, and a delightful conservatory.
Nestled centrally within its plot, the property enjoys gardens on three sides, with the garage, driveway, and parking conveniently positioned on the other. The current owners have cultivated a picturesque garden adorned with an array of shrubs, plants, and flowers. The rear garden features two charming patio areas for outdoor seating, a wildlife pond, a greenhouse, and a well-kept lawn, all accessible from both sides of the bungalow.
Located in the vibrant village of Mosterton, this home enjoys a scenic setting between Beaminster and Crewkerne, near the Somerset border. The village offers a range of amenities, including a welcoming inn, village shop, a historic church, a village hall which has post office services once a week, and a primary school. Crewkernes main line railway station (Exeter Waterloo) is just 2.5 miles away, while the historic county town of Dorchester lies 19 miles to the east. The stunning Dorset coastline is within easy reach, approximately 11.5 miles from the property. There is also a bus stop close to the property which travels from Yeovil to Bridport
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.
The George Shopping Centre, TA18 7LU
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