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£585,000 Offers over
Bedrooms
Bathrooms
A superb four/five bedroom detached executive-style 1980s dwelling, situated at the end of the very popular cul-de-sac of Willow Close in the Aller area of Newton Abbot. With ample parking, a good-sized rear garden and far-reaching views across to Dartmoor, this property has a great deal to offer and has been modernised to a superb standard.
Accommodation
Entering the property through the composite front door is a large entrance hallway which sets the tone for this beautiful property. The dining area is situated towards the front of the property and enjoys a lovely bay window overlooking the front garden. Behind the dining area is a good-sized lounge with the feature electric in-built fireplace with sliding doors to a Juliet balcony with superb far-reaching views. Further to this at entrance level is a separate WC and the large kitchen/diner which has recently been installed and includes a wall mounted electric oven, gas hob, the AIG dishwasher and the fridge/freezer. The kitchen also has plinth lighting installed along with ample worktop space and storage and, to one end, the kitchen also has a breakfast bar peninsular with space behind for a dining table and chairs. From the kitchen is access to the double garage which has a utility area nearest to the kitchen with space for the washing machine and tumble dryer. The garage has an electric up-and-over garage door and a side door to access outside.
On the top floor there are three bedrooms, a very good-sized double with two Velux windows, the second double is currently being used as a dressing room and the third double upstairs is currently used as an office. On the top floor is also a recently installed bathroom with shower above the bath, WC, basin and heated towel rail and finished to a high standard.
On the lower floor is the master bedroom a superb sized double with double windows overlooking the rear garden, a fitted wardrobe and a large en-suite with walk-in shower, roll top bath, WC, basin and heated towel rail. Also on the lower floor is a large airing cupboard with radiator installed and a further large reception room which could also be used as a large double bedroom with direct access to the rear garden. The property is fully double glazed and has gas central heating the ground floor and parts of the lower ground floor have underfloor heating.
Gardens
The rear garden has been split into three sections; the decking area off the back of the property makes a fantastic dining area with steps down to a lawn with further steps down to a wooded area at the bottom where the trees do have a Tree Preservation order. The property does have side access both sides and to the front is a lawned area with mature shrubs, a wide driveway for a couple of vehicles in-front of the garage door.
Parking
Wide driveway and double garage.
Agents Notes
Council Tax: Currently Band F
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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