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£695,000 Offers over
Bedrooms
Bathrooms
A wonderful detached Edwardian house occupying a privileged position with its garden boundary adjoining both Bakers Park and the picturesque grounds of the National Trusts Bradley Manor which are open to the public all year and feature some lovely walks along the banks of the River Lemon.
In the same ownership for almost 30 years, the property has been the subject of significant remodelling and extension to now provide a first-class individual home presented in immaculate order.
The house is approached over its own private brick paved driveway which provides plenty of parking as well as access to an oversized garage and adjoining car port. The gardens are a real feature, being secluded and fully enclosed with a gate directly into the park. There is a sleek, modern, paved terrace wrapping around two sides of the house which provides a superb outdoor entertaining space, with a few steps leading up to a further terrace and well-kept lawned garden beyond, adjacent to which is a garden store constructed in a similar style to the house.
The property is conveniently situated for Newton Abbots well-served and vibrant town centre with its excellent range of shops, businesses, restaurants, bars, coffee shops, and more all within 600m walk with schools and the mainline railway station a little further.
Accommodation
Stepping inside, the interior is particularly light and airy with many rooms being double-aspect. The front door opens to a hallway with stairs to the first floor. Off to one side is a good-sized dining room with walk-in bay window and feature fireplace with marble surround, and archway leading through to the impressive lounge which is triple-aspect and has French doors to the adjoining terrace. Off the other side of the hallway is the kitchen with a selection of Californian Oak-fronted cabinets and an arch opening to a cosy breakfast area with fitted breakfast bar. Completing the ground floor is a small, plumbed laundry room with an integrated fridge/freezer and a useful boot room with door to the gardens.
On the first floor the rooms are currently arranged as four bedrooms, a study which could be used as a fifth bedroom, and an up to the minute shower room with WC, vanity basin, and both rain and hand-held shower fittings. The principal bedroom is particularly roomy and has an internal dressing room with rails and shelving and window, and an en-suite bathroom with modern white four-piece suite including a bath and separate shower cabinet.
Gardens
Wonderful established plot with large wrap-around paved terrace, neatly tended lawn, brick-built garden store with pitched roof, and adjoining log store, all fully enclosed and enjoying a high degree of privacy.
Parking
Oversized garage with workshop space, power and light connected. Car port currently used for a motor home and brick paved driveway for several vehicles.
Agents Notes
Council Tax: Currently Band D this is likely to change upon sale due to the extension in 2004.
Tenure: Freehold
Mains water. Mains drainage. Mains gas. Mains electricity.
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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