1 /10
£169,950
Thorndun House, Wells Road, Glastonbury, Somerset, BA6
- 2 beds
£169,950
- 2 beds
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Estimate monthly mortgage payment:
£776 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
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A great opportunity for investment landlords with no onward chain, low running costs and with a sitting tenant. A spacious two bedroom first floor flat with it's own private entrance, and only a 10 minute walk to the High Street. The flat comprises of a living room, fitted kitchen, family bathroom with shower over bath, utility room and private entrance. EPC - C, council tax band - B.
Living Room (3.73m x 4.77m / 12'2" x 15'7")
Bright and spacious living room featuring a large double glazed window for excellent natural light, fitted with a new Adore convector glass fronted gas fire and a new efficient Rointe electric radiator. There are doors leading into the kitchen and also through to the inner hall, serving the bedrooms.
Kitchen (3.73m x 2.27m / 12'2" x 7'5")
Functional kitchen with stainless steel sink, a range of wall and base units and plenty of countertop space, and a double glazed window looking out to the rear with great views out towards the Quantock Hills.
Bedroom 1 (3.7m x 3.3m / 12'2" x 10'11")
Generously sized main bedroom with double glazed window, ample room for a double bed and furniture with a new efficient Rointe electric radiator.
Bedroom 2 (2.2m x 3.7m / 7'1" x 12'1")
Second bedroom also featuring double glazed window, with a new efficient Rointe electric radiator. suitable for guests, children or as a home office.
Bathroom (1.57m x 2.76m / 5'1" x 9'0")
Family bathroom with electric shower over bath, white WC, wash hand basin, wall-mounted mirror, towel rail, tiled walls, and double glazed window providing ventilation and light.
Utility Room
Useful space located off the landing with plumbing for a washing machine, ideal for laundry and storage.
Outside
There is no private or communal garden, which contributes to the low maintenance and running costs, especially during any void period where the property is unoccupied.
While there is no allocated parking, there is ample on-street parking nearby with no restrictions.
Rental Yield
Rental Income: �860.00pcm / �10,320.00pa
Gross Yield at current price (�169,950): 6.07%
Sitting tenant providing income from completion of purchase and no reletting costs.
Leasehold Details
Lease term remaining: Currently being extended to 999 years.
Service Charge: Nill, responsive repairs only.
Ground Rent: Nill
Local Area
This property is located within a 10 minute walk of Glastonbury High Street. Glastonbury is a historic and vibrant town which is home to Glastonbury Tor and the Abbey.
Glastonbury offers both primary and secondary schools and is within a short commute to Wells Cathedral School and Millfield School.
There are supermarkets, a gym, library and a street market. Along with annual events such as the Carnival.
The closest train station is Castle Cary Station which is approximately 30 minute drive from Glastonbury and offers direct links to:
� London � Plymouth � Bristol � Bath � Gloucester � Exeter
There are also regular direct bus links to Wells, Street and Bristol from Glastonbury.
Mortgage calculator
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£776 per month
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Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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