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£620,000 Guide Price
Bedrooms
Bathrooms
This impressive mock Tudor detached executive home is situated in a highly sought-after cul-de-sac, just off Coach Road in Newton Abbot. Offering an abundance of space and curb appeal, this property features a double garage, a generous driveway, and a level lawned garden with views over Decoy playing fieldsmaking it an ideal choice for a long-term family home.
Accommodation
Upon entering the property, a spacious entrance hallway with wood-effect flooring and tasteful neutral decor. From the hall, youll find a separate study, providing a quiet space with views over the front garden. A convenient downstairs W/C with basin is also located off the hallway.
The generously-proportioned living room is centred around a striking gas fireplace, set back into the wall and enhanced by feature slit windows on either side. Double doors lead from the living room into a large conservatory, which boasts a solid roof, a knee-high wall surrounding the base, and a raised floor. The garden room enjoys abundant natural light and offers direct access to the rear garden via French doors, making it an ideal space for both relaxation and entertaining, benefiting from sun exposure throughout the day and into the evening.
The kitchen/diner is accessible from both the hallway and conservatory, and has been recently upgraded with modern built-in appliances, including a fridge/freezer, induction hob, wall-mounted double oven, and a built-in dishwasher. A large utility room is located at the rear of the kitchen, featuring additional storage, worktop space, and plumbing for a washing machine and tumble dryer. The utility room also offers direct access to the garden and an internal door leading to the double garage. The garage is generously sized, with no dividing wall, and features two doorsone electric and one manual.
Upstairs, the central landing leads to four double bedrooms, two of which are particularly spacious and benefit from their own en-suite bathrooms. A family shower room serves the other bedrooms and there is also an airing cupboard and access to a loft with lighting, ladder and eaves storage. The property is equipped with double glazing throughout and has gas central heating for added comfort.
Gardens and Parking
The front garden is mainly laid to lawn, with a driveway in front of the double garage. A side path provides access to the rear garden, which features a patio along the back of the house, perfect for outdoor dining and relaxation. The garden is mostly laid to lawn and predominantly level, with mature shrubs lining the borders and shed.
Agents Notes
Council Tax: Currently Band G
Tenure: Freehold
Mains water. Mains gas. Mains drainage. Mains electricity.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £2,681.29
Total Interest: £345,266.04
Overall Total: £965,266.04
Amortization For Monthly Payment: £2,681.29 over 30 years ( Based on 3.20% Interest )
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 2025 | £19,657.46 | £12,518.07 | £607,481.93 |
| 2026 | £19,250.95 | £12,924.58 | £594,557.35 |
| 2027 | £18,831.25 | £13,344.29 | £581,213.06 |
| 2028 | £18,397.91 | £13,777.62 | £567,435.44 |
| 2029 | £17,950.50 | £14,225.03 | £553,210.41 |
| 2030 | £17,488.57 | £14,686.97 | £538,523.44 |
| 2031 | £17,011.63 | £15,163.91 | £523,359.53 |
| 2032 | £16,519.20 | £15,656.33 | £507,703.20 |
| 2033 | £16,010.79 | £16,164.75 | £491,538.45 |
| 2034 | £15,485.86 | £16,689.67 | £474,848.78 |
| 2035 | £14,943.89 | £17,231.65 | £457,617.13 |
| 2036 | £14,384.32 | £17,791.22 | £439,825.92 |
| 2037 | £13,806.57 | £18,368.96 | £421,456.95 |
| 2038 | £13,210.07 | £18,965.47 | £402,491.49 |
| 2039 | £12,594.19 | £19,581.34 | £382,910.14 |
| 2040 | £11,958.32 | £20,217.22 | £362,692.92 |
| 2041 | £11,301.79 | £20,873.74 | £341,819.18 |
| 2042 | £10,623.95 | £21,551.59 | £320,267.59 |
| 2043 | £9,924.09 | £22,251.44 | £298,016.15 |
| 2044 | £9,201.51 | £22,974.03 | £275,042.13 |
| 2045 | £8,455.46 | £23,720.07 | £251,322.05 |
| 2046 | £7,685.19 | £24,490.35 | £226,831.70 |
| 2047 | £6,889.90 | £25,285.64 | £201,546.07 |
| 2048 | £6,068.78 | £26,106.75 | £175,439.32 |
| 2049 | £5,221.01 | £26,954.53 | £148,484.79 |
| 2050 | £4,345.70 | £27,829.84 | £120,654.95 |
| 2051 | £3,441.96 | £28,733.57 | £91,921.38 |
| 2052 | £2,508.88 | £29,666.65 | £62,254.73 |
| 2053 | £1,545.50 | £30,630.03 | £31,624.70 |
| 2054 | £550.84 | £31,624.70 | £0.00 |
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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Wed May 28 2025
All confirmed! We look forward to speaking with you.
Wed May 28 2025
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