3 Bed Bungalow, Single Let, Sherborne, DT9 6DA, £350,000

Ridgeway, Sherborne, DT9 6DA - 1 views - 4 months ago

Auction
BTL
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£180K - £750K
Sold Prices/m²£2.4K/m² - £7.1K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£335,233

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£800 - £1,850

Rent Estimate

£1,025

Running Costs/mo

£1,319

Cashflow/mo

£-294

Cashflow/yr

£-3,525

Gross Yield

4%

Local Sold Prices

50 sold prices from £180K to £750K, average is £310K. £2.4K/m² to £7.1K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£199.9K11/200 mi45, Ridgeway, Sherborne, Dorset DT9 6DA3
£315K11/220.03 mi45, Ridgeway, Sherborne, Dorset DT9 6DA3
£376.5K07/230.08 mi74, St Marys Road, Sherborne, Dorset DT9 6DQ3
£510K02/230.08 mi24, St Marys Road, Sherborne, Dorset DT9 6DG3
£460K11/230.15 mi9, Kenelm Close, Sherborne, Dorset DT9 6BL3
£220K07/210.16 mi12, Westfield, Sherborne, Dorset DT9 6AY3
£295K09/210.17 mi9, Abbots Way, Sherborne, Dorset DT9 6DU3
£310K01/230.18 mi14, Askwith Close, Sherborne, Dorset DT9 6DX3
£396K04/230.18 mi27, Horsecastles Lane, Sherborne, Dorset DT9 6BU3
£400K08/230.19 mi20, Wydford Close, Sherborne, Dorset DT9 6DZ3
£190K02/230.19 mi7, Lenthay Close, Sherborne, Dorset DT9 6AE3
£277.5K10/220.21 mi26, Clanfield, Sherborne, Dorset DT9 6AZ3
£265K08/230.21 mi11, Clanfield, Sherborne, Dorset DT9 6AZ3
£226K01/230.21 mi24, South Avenue, Sherborne, Dorset DT9 6AP3
£180K09/210.21 mi37, South Avenue, Sherborne, Dorset DT9 6AR3
£368K04/210.26 mi2, Hunts Mead, Sherborne, Dorset DT9 6AL3
£355K09/210.26 mi7, Hunts Mead, Sherborne, Dorset DT9 6AL3
£271K03/210.29 mi4, Leet Court, Sherborne, Dorset DT9 6AN3
£370K05/210.3 mi110, Lenthay Road, Sherborne, Dorset DT9 6AG3
£450K12/220.3 mi24, Hunts Mead, Sherborne, Dorset DT9 6AJ3
£278.5K02/230.34 miPavilion House, Horsecastles, Sherborne, Dorset DT9 3HB3
£345K11/200.35 mi296, Yeovil Road, Sherborne, Dorset DT9 4BH3
£285K06/210.35 mi11, Honeycombe Rise, Sherborne, Dorset DT9 6AH3
£266K02/210.35 mi25, Honeycombe Rise, Sherborne, Dorset DT9 6AH3
£400K12/200.37 mi7, Richmond Road, Sherborne, Devon DT9 3HL3
£430K02/210.37 miDenton House, Richmond Road, Sherborne, Dorset DT9 3HL3
£470K07/230.37 miTollos, Richmond Road, Sherborne, Dorset DT9 3HL3
£272.9K09/210.49 mi31, Acreman Court, Sherborne, Dorset DT9 3PW3
£265K03/210.49 mi19, Acreman Court, Sherborne, Dorset DT9 3PW3
£293K10/230.49 mi12, Acreman Court, Sherborne, Dorset DT9 3PW3
£267.5K10/210.52 mi105, Acreman Street, Sherborne, Dorset DT9 3PH3
£267.5K10/210.52 mi105, Acreman Street, Sherborne, Dorset DT9 3PH3
£272K10/210.53 mi7, The Grove, Sherborne, Dorset DT9 3RF3
£510K05/210.55 mi4, St Antonys Square, Sherborne, Dorset DT9 3QG3
£265K08/230.59 miWithye's Garden, Lower Acreman Street, Sherborne, Dorset DT9 3EX3
£750K06/230.6 miSt Christophers, Westbury, Sherborne, Dorset DT9 3EL3
£230K06/210.6 mi5, Willis Hay, Sherborne, Dorset DT9 3EL3
£370K06/210.66 mi2, Coombe Villas, Sherborne, Dorset DT9 4DB3
£525K09/230.66 mi70, The Sheeplands, Sherborne, Dorset DT9 4BS3
£400K01/210.66 miThundridge, Marston Road, Sherborne, Dorset DT9 4BL3
£480K06/210.83 mi4, Portman Square, Sherborne, Dorset DT9 4FJ3
£325K12/220.85 miLewis House, Raleigh Court, Long Street, Sherborne, Dorset DT9 3EQ3
£345K10/210.86 mi24, The Wilderness, Sherborne, Dorset DT9 3AE3
£270K01/210.86 mi2, The Wilderness, Sherborne, Dorset DT9 3AE3
£310K11/220.87 mi15, The Wilderness, Sherborne, Dorset DT9 3AE3
£310K01/230.88 miCooma, Bristol Road, Sherborne, Dorset DT9 4HS3
£360K11/200.88 miHoneysuckle Cottage, Bristol Road, Sherborne, Dorset DT9 4HS3
£290K06/230.9 mi10, The Furlongs, Sherborne, Dorset DT9 4DQ3
£251K11/200.9 mi2, The Furlongs, Sherborne, Dorset DT9 4DQ3
£283.8K07/230.9 mi3, The Furlongs, Sherborne, Dorset DT9 4DQ3

Local Rents

12 rents from £800/mo to £1.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,85005/240.48 miSherborne3
£1,25003/240.53 mi67 Acreman Street, Sherborne, Dorset, DT9 3PH3
£1,25004/240.58 mi5 Dairy Close, Sherborne, Dorset, DT9 4FR3
£1,59508/230.66 miThe Chantry, Marston Road, Sherborne, Dorset, DT9 4BL3
£1,40005/240.86 miNewland, Sherborne3
£1,50003/241 miFlat 1 Pencarrow, The Avenue, Sherborne, Dorset, DT9 3AJ3
£80011/231.01 mi-3
£1,50004/241.11 miBede Street, Sherborne, Dorset, DT93
£1,50005/241.11 miBede Street, Sherborne, Dorset, DT93
£1,15010/231.16 miGranville Way, Sherborne, Dorset, DT9 4AS3
£1,20012/231.19 mi-3
£95010/231.22 mi94 Granville Way, Sherborne, Dorset, DT9 4AT3

Local Area Statistics

Population in DT9

20,760

Town centre distance

0.62 miles away

Nearest school

0.40 miles away

Nearest train station

0.78 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £350,000

December 26, 2024

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • No onward chain +
  • Bungalow +
  • Garage and driveway +
  • Conservatory +

SUMMARY
Offered to the market with NO ONWARD CHAIN! Three bedroom bungalow in the sought after town of Sherborne, with spacious lounge, conservatory, kitchen, utility room and cloakroom on the ground floor. Garage and driveway parking and enclosed garden to the rear. Contact us today to arrange a viewing.

DESCRIPTION
Sherborne is a market town and civil parish in North West Dorset, in South West England. It is sited on the River Yeo, on the edge of the Blackmore Vale, 6 miles (10 kilometres) east of Yeovil. The A30 road, which connects London to Penzance, runs through the town. South Western Railway operates hourly throughout most of the week between Exeter St David's, Sherborne, Salisbury and London Waterloo station. Sherborne has an array of pubs, restaurants and a fantastic selection of shops. Sherborne also provides various schooling for all age groups.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hall 
Double glazed door to the side, cupboard with a radiator, access to the loft which has lighting, telephone point, radiator and a further storage cupboard.

Cloakroom 
WC, wash hand basin with tiling to splash back and an extractor fan.

Lounge 16' 2" x 12' ( 4.93m x 3.66m )
Double glazed patio doors on to the conservatory, television aerial socket and two radiators.

Conservatory 20' 10" x 7' 9" ( 6.35m x 2.36m )
UPVC conservatory with lighting and two radiators.

Kitchen 11' 1" x 9' 1" ( 3.38m x 2.77m )
Double glazed window to the rear and double glazed door to the rear, fitted kitchen with wall and base units, breakfast bar, slimline dishwasher, stainless steel sink and drainer, space for a fridge/freezer, integrated 5 ring gas hob with cooker hood over, integrated eye level oven, tiled flooring and a radiator.

Utility Room 
Work surfaces and plumbing for a washing machine.

Bedroom One 12' 4" x 11' 10" ( 3.76m x 3.61m )
Double glazed window, television aerial socket and a radiator.

Bedroom Two 11' 10" x 8' ( 3.61m x 2.44m )
Double glazed window to the front, television aerial point and a radiator.

Bedroom Three 9' x 7' 9" ( 2.74m x 2.36m )
Double glazed window to the side, telephone point and a radiator.

Bathroom 8' 7" x 5' 9" ( 2.62m x 1.75m )
Double glazed window to the side, large walk in shower, WC, wash hand basin with vanity unit under, extractor fan and a heated towel rail.

Parking 
Driveway parking and a garage.

Garage 16' 5" x 7' 10" ( 5.00m x 2.39m )
Up and over door, electric meter and consumer unit, gas meter and the gas central heating boiler.

Rear Garden 
Enclosed garden to the rear laid to lawn with flower beds to the rear and side, two apple trees and a pear tree, gravel to the side with a gate to the front and an outside tap.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Sherborne

01935 313845

Next Steps?

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