Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£950,000 Guide Price
Bedrooms
Bathrooms
A wonderful country house in a semi-rural setting with land, outbuildings and a stunning detached holiday let or potential annexe.
Superbly positioned amongst countryside, the property stands on a secluded and private plot extending to around 2.75 acres with lovely level lawned formal gardens, orchard and 1.4-acre paddock. Within the grounds are three substantial barns providing excellent storage space.
Offering the best of both worlds, Broad Metland sits in a semi-rural setting whilst being only around a mile from the centre of the highly popular and vibrant village of Ipplepen, which has an excellent range of local amenities including: a small supermarket, ancient church, well-regarded public house /restaurant, primary school, health centre, and sports facilities. The village offers an active lifestyle opportunity with many clubs and societies. Also, within around a five-mile drive are both the market town of Newton Abbot and the historical town of Totnes, each with mainline railway stations and excellent shopping and educational facilities. Torbay hospital in Torquay is also a similar distance.
Although the property is semi-detached, it does have the feel of a detached home and offers a high level of privacy. The accommodation is beautifully presented with well-proportioned rooms and plenty of natural light. Character features seamlessly blend with modern benefits. The ground floor includes a show-stopping kitchen with selection of up to the minute kitchen cabinets and an AGA with a feature oak frame and glass breakfast area opening to the gardens. There is a double-aspect living room with wood burner and patio doors to a covered terrace, and also a separate study. On the first floor are four well-proportioned bedrooms and a first-class family bathroom.
Set away from the house is a detached single-story high-quality holiday let skilfully created from the conversion of a stone barn over recent years and providing an excellent income opportunity.
Parking
Gated private driveway with extensive parking for multiple vehicles and covered parking within the larger of the barns.
Gardens and Grounds
2.75 Acre plot with paddock, orchard and formal gardens all privately enclosed.
Agents Notes
Council Tax: Currently Band E
Tenure: Freehold
Owned solar panels with feed-in tariff. Oil-fired central heating. Electric underfloor heating in the kitchen.
Mains water. Mains electricity.
Private drainage main house shared with next door. Holiday let private drainage.
The agent has not seen a HETAS certificate for the wood burner.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
