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The George Shopping Centre, TA18 7LU
£475,000
Bedrooms
Bathrooms
Reception
A substantial and beautifully presented detached bungalow set on the edge of the Bincombe Nature Reserve, offering an enviable blend of space, privacy and countryside outlooks. The accommodation includes three generous double bedrooms, with the master enjoying its own ensuite and walk-in wardrobe, along with two wellproportioned reception rooms and a spacious kitchendiner complemented by a separate utility room. The property benefits from double glazing and gas central heating throughout.
The enclosed, southfacing rear garden is mainly laid to lawn with wellstocked borders, creating a colourful and sheltered outdoor space. A long planted bed runs down the west side of the bungalow and is currently utilised as a vegetable patch. To the front, there is offroad parking leading to a double garage. Offered with no onward chain, this is an excellent opportunity to acquire a welllocated home in a highly desirable setting.
The accommodation briefly comprises; entrance hall, living room, dining room, kitchen-diner, utility room, three double bedrooms and a bathroom, the master bedroom has an en-suite and walk in wardrobe.
Crewkerne is a charming market town nestled between Yeovil and Taunton, offering a wide range of amenities including a Waitrose superstore, banks, chemists, doctors surgery, leisure centre, swimming pool, pubs, restaurants, schools, and churches. Excellent transport links include a local bus service and a mainline railway station with direct routes to Waterloo and Exeter. The town is well placed for access to Yeovil (9 miles), Taunton and the M5 (19 miles), and the Dorset coast (14 miles), making it a convenient yet tranquil place to call home.
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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