4 bedroom detached for sale

£480,000

4

Bedrooms

2

Bathrooms

2

Reception

Floorplan

Situated in the idyllic village of Oake, this stunning four-bedroom property offers a versatile and modern living space, ideal for families or those who love to entertain. Recently redecorated, the home boasts a sleek, contemporary kitchen fitted with integrated appliances and oak doors throughout, exuding quality and style. A separate utility room with an additional sink and direct access to the garden adds convenience to this thoughtfully designed home.

The accommodation includes three spacious double bedrooms and a single bedroom, complemented by a family bathroom, an en-suite, and a WC for practicality. A large sitting room leads seamlessly into a generous garden room that overlooks the beautifully maintained garden, creating the perfect space to relax and unwind. A separate dining room offers the flexibility of use as an additional bedroom or home office, catering to various lifestyle needs.

The property is further enhanced by a double garage with ample drive parking to the front. Solar panels with a battery storage system provide an eco-friendly feature, significantly reducing electricity bills and easily transferrable to the new owner.

The garden is a standout feature, offering plenty of space for outdoor activities, including a paved area ideal for alfresco dining or soaking up the sun.

Located close to the towns of Wellington and Taunton, with easy access to the M5, the property also benefits from proximity to excellent local schools, a Village Hall, and a convenient village shop for daily needs. This home offers a perfect blend of modern living and village charm, presenting a unique opportunity for its next owners.

Situated in the sought-after area of Oake, this house enjoys a prime location with easy access to local amenities and scenic surroundings. Whether youre strolling through nearby parks or exploring charming village shops, this location offers the perfect blend of convenience and tranquillity. Oake is virtually in the middle of Taunton and Wiveliscombe, circa 6 miles each way, so you are not far from many amenities, and train services for commuting.

Please see the floor plan for the dimensions

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Features
  • Freehold

Nearest Stations:

4.54 miles
Taunton
9.94 miles
Tiverton Parkway
11.82 miles
Bridgwater
15.77 miles
Honiton
16.78 miles
Feniton

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

£ 398700

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
    £ 12000
  • 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

£ 38700
  • 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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