4 bedroom detached for sale

£795,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

An individual and extended detached family home set in an enviable and elevated position enjoying superb countryside views nestled in a sought-after rural location. The property stands in a generous plot which is easy to maintain with a sweeping driveway, small lawn, terrace and decking. The property also benefits from two garages, one of which is integral and the other at road level. This lovely house will appeal to buyers looking for an individual home in a sought-after village setting with countryside views.

Steps is located on the edge of the highly sought-after village of Combeinteignhead which is a charming and typical picture postcard village, particularly well regarded and nestled in the beautiful Devonshire countryside. Combeinteignhead has the popular Wild Goose Inn and an ancient church, along with the renowned Coombe Cellars Inn on the banks of The River Teign which flows down to the coast and Teignmouth. Shaldon and Newton Abbot are within a short drive and offer a wide choice of shopping and leisure facilities and the latter a mainline railway station with express services to London.

Accommodation

A part decorative glazed entrance door with side panel leads to the entrance hallway with tiled flooring and stairs to first floor and courtesy door to the garage. Also on this floor there is a bedroom with storage cupboard, window to front and glazed door leading to an en-suite shower room with shower cubicle, low-level WC, wash basin, heated towel rail, tiled walls and flooring and two windows. There is also a utility room with wall and base units, rolled edge work surface with tiled splashback, inset single drainer sink unit, plumbing for washing machine and spaces for fridge/freezer and tumble dryer, tiled flooring and window to side. Accessed from the utility is a cloakroom WC with low-level WC, wash basin, tiled walls and window.

On the first floor, the stairs open up into the landing/snug area with a wood burning stove and slate hearth, wood flooring and glazed double doors open to the sitting room which is a light and airy room with windows to front enjoying superb countryside views, feature angled window to side, further window and Velux window. There is a dining area off the snug with tiled flooring and windows with outlook to front and side enjoying the countryside views and an archway leading to the kitchen, which is extensively fitted with a modern range of wall and base units and central isle with hob and extractor over, single drainer sink unit, built-in double oven, fridge/freezer, dishwasher, microwave and window enjoying countryside views. The inner hallway has a storage cupboard and wood flooring. The study has tiled flooring, storage cupboard and window rear. The master bedroom is a bright and airy room with French doors and windows to front enjoying superb countryside views, further window to side, dressing room and an en-suite shower room with corner shower cubicle, low-level WC, pedestal wash basin, tiled walls and window. Bedroom two has feature arched windows to front enjoying the superb countryside views and Velux window above. Bedroom three has a window and door to outside. There is also a modern shower room comprising walk-in shower cubicle, low-level WC, vanity wash basin, heated towel rail and windows to rear and side. Double glazing and oil-fired central heating are installed.

Garden and Parking
Outside to the front, steps and gravelled driveway provide ample off-road parking leading to a sweeping tarmac drive giving access to the integral garage. The front garden is laid to lawn with a variety of shrubs and established trees, brick retaining wall with flower borders and steps lead to a paved patio and timber shed, further steps lead to a raised paved area with pergola and further steps with lawn to either side to a raised decked area suitable for barbecuing and enjoying the superb countryside views. in addition to the integral garage there is a further single garage with off-road parking to front directly at road level.

Agents Notes
Council Tax: Currently Band E
Tenure: Freehold
Mains water. Mains electricity. Oil-fired central heating. Private drainage.
The property has an easement across neighbouring land to its own driveway from the road.
The agent awaits sight of a HETAS certificate for the wood burning stove.



Features
  • Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 658575

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 19875
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

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.

Annual Costs

£ 62325
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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