3 bedroom cottage for sale

£485,000

3

Bedrooms

1

Bathrooms

3

Reception

Floorplan

38 Nut Tree Cottages is a charming Grade II listed stone cottage, beautifully positioned on the edge of the village and enjoying farreaching open countryside views. Rich in character, the property showcases a wealth of period features including exposed beams, stone mullion windows and exposed stone walls, while offering modern comfort through oilfired central heating. The cottage is further enhanced by its beautifully landscaped rear gardens.


Ground floor

A solid timber door opens into the sitting room, a welcoming space with a stone fireplace housing a multifuel stove, tiled flooring and a window seat. From here, doors lead to the kitchen, study and dining room.

A second reception room sits to the front of the cottage and features an exposed stone wall, a further multifuel stove, window seat and stairs rising to the first floor.

To the rear, the kitchen overlooks the garden and opens through to the garden room. It is fitted with solid wooden base units and wooden worktops incorporating a Belfast sink, with space for a range cooker, an integral fridge and a stable door to the garden. The adjoining garden room, currently used as the dining room, has a tiled floor and French doors opening onto the rear garden.

North Perrott is a pretty rural village in Somerset. Village amenities include church, garden centre, There is one of the best cricket clubs in the South West, and a private school. The nearest town of Crewkerne is situated approx. 3 miles distant with a larger range of facilities including banks, Post Office, schooling, supermarkets including Waitrose and a leisure complex. There is a main line station (Exeter - Waterloo) and the Jurassic coast is approx. 15 miles distant at West Bay.

A separate utility room provides space and plumbing for a washing machine and tumble dryer, along with a WC.

The study/bedroom three can be accessed either from the living room or via a discreet door concealed within a cupboard in the dining room.

First Floor

The firstfloor landing leads to two double bedrooms, both enjoying lovely countryside views to the rear. The generous bathroom features exposed beams and a white suite comprising a bath, WC, wash hand basin and a separate double shower. Eaves storage includes the airing cupboard.

Outside

The property enjoys a substantial westfacing rear garden, offering excellent afternoon and evening sun. Immediately behind the house is a generous patio terrace, ideal for outdoor dining, which opens onto a large lawn with farreaching countryside views.

The garden is attractively planted with a variety of mature trees and shrubs and includes a large shed, summer house, and a tree house, creating a versatile outdoor space for relaxation, storage, and play. In total, the rear garden measures just under 0.2 acres.

To the side of the property, there is the added benefit of a substantial parking area, which the current owners have successfully used to accommodate up to six vehicles.

Nearest Stations:

1.65 miles
Crewkerne
6.46 miles
Yeovil Junction
7.07 miles
Yeovil Pen Mill
7.57 miles
Thornford
7.66 miles
Yetminster

Map location is not available for this property.

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

£ 402825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 12125
  • 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

£ 39075
  • 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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