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£650,000 Guide Price
Bedrooms
Bathrooms
The Coach House occupies a lovely semi-rural setting at Lower Brimley on the rural outskirts of the small town of Bovey Tracey, and within Dartmoor National Park. Offering spacious accommodation with many of the rooms benefit from picturesque views over surrounding countryside and stretching beyond the town of Bovey Tracey. The property offers four bedrooms, two of which are en-suite, a stunning kitchen/dining room, lounge and sun lounge along with a study and utility/cloakroom/WC. UPVC double glazing and oil central heating are installed and outside the property sits in a generous plot with driveway, double garage, double car port, lawned gardens and decked terrace. Properties rarely come for sale in this part of Bovey Tracey and The Coach House, whilst comfortably appointed, has potential for further enhancement and enlargement, subject to any required consents.
The Coach House is situated in a quiet semi-rural location backing onto open fields and within easy reach of amenities. Situated on the edge of Dartmoor, Haytor is only a two-minute drive from The Coach House, giving it some fantastic scenery and walks right on the doorstep. Being only 1.5 miles from Bovey Tracey and 6 miles from the market town of Newton Abbot with a wide range of shopping and leisure facilities as well as a mainline railway station, the property is also convenient for the Drum Bridges roundabout which provides access to the A38 linking Plymouth, Exeter and the M5 beyond, ideal for commuters.
Accommodation
Entering the property through a porch, you are greeted by a traditionally laid out hallway with reception rooms to one side and the staircase to the other. Overlooking the front drive is a very good-sized study which could also work as a fifth bedroom. The lounge is a cosy room with side windows overlooking the garden and internal windows looking into the sun room. The sun room has direct access to the rear garden and has a solid roof with windows on three sides enjoying the views across open country towards Bovey Tracey and has central heating installed making the room useable all year-round and an ornamental log burner in-set to a fireplace. There is a stunning kitchen/dining room (previously two rooms) which is light and airy and has been extensively refitted with a System Six range of wall and base units with central isle and quartz worktops and internal ceramic sink with quartz drainer. There is a range of integrated appliances including double oven, induction hob, fridge/freezer and dishwasher. Off the kitchen area is a utility/cloakroom/WC with low level WC, vanity wash basin, space for appliances and two windows.
Upstairs there are four good sized double bedrooms, the three largest bedrooms enjoying the views across the open countryside and the rear garden. Two of these double bedrooms have their own en-suite shower rooms, each with WC and basin. The last of the upstairs bedrooms is a smaller double overlooking the side garden and garages. Finally, completing the first floor is the family bathroom which is an excellent size and housing both a bath and separate shower cabinet.
Outside Space
The gardens are of a generous size, lovely and mostly laid to lawn with mature trees and shrubs and a decked terrace with open canopy roof. There are two substantial sheds, apple, pear and plum fruit trees.
Parking
Accessed over a shared driveway, and situated at the far end of this a five-bar gate leads to the properties private drive boasting extensive parking for up to five cars, double car port, a double garage with electrical vehicle charger, as well as hardstanding for a caravan, water supply and power supply.
Agents Notes
Council Tax: Currently Band D
Tenure: Freehold
Mains water. Mains drainage. Mains electricity. Oil-fired central heating. LPG cannister gas for cooker.
The property is approached over a shared private driveway, maintenance for which is split between The Coach House and two others.
The log burner is ornamental and does not have a HETAS certificate.
Directions
From Newton Abbot take the A382 towards Bovey Tracey. At the first roundabout take the third exit continuing on the A382 heading towards Bovey Tracey. At the Drum Bridges Roundabout take the third exit onto Newton Road (still A382) heading towards Bovey Tracey, stay in the lefthand lane. At the lights continue straight going past the BP garage on your right and continue straight for 1 mile. At the next roundabout take the first exit onto Pottery Road. Follow this road straight for another 1-mile approx where, at the crossroads you keep straight onto Wallfield Road. At the end of the road turn left onto Brimley Lane for approx 500 yards. The driveway can be found on the righthand side just after Mulberry House Residential Home. The property is approx 100 yards up this drive on the righthand side.
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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