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£1,250,000 Guide Price
Bedrooms
Bathrooms
With style and sophistication, this stunning individual detached house has much to offer and represents a most unique and desirable opportunity.
Originally dating from the 1980s, the home has been the subject of extensive remodelling and refurbishment over recent years, finished with an attention to detail to now offer a home of distinction with an up-to-the-minute interior.
Enjoying spectacular and dramatic views over miles of beautiful countryside, with much of Dartmoor providing a dramatic backdrop in the distance, the property is situated in what is considered by many home buyers and property professionals as TQ12s most desirable and exclusive location.
The picturesque village of East Ogwell offers a vibrant and active lifestyle opportunity with a great community and many clubs and societies. Communication links are also well provided with the A38 Devon Expressway around 5 miles drive, the A380 South Devon link road around 2 miles and the well-served market town of Newton Abbot with its main line railway station around 1.5 miles drive.
Accommodation
Stepping inside, the light-filled and superbly presented accommodation has been remodelled for a contemporary lifestyle, with sleek flowing lines and an open plan theme. The ground floor is stylishly arranged on a split-level basis with the main living room area having a double height ceiling and galleried landing at first floor level. There is a show-stopping kitchen with a fabulous and comprehensive range of cabinets, large fashionable island, solid surface countertops and a selection of integrated appliances including twin dishwashers, all flooded with natural light and drinking in the views through large sliding doors to the adjacent terrace. There is also a large double-aspect sitting room with access to the garden with a good-sized plumbed laundry room and guest cloakroom/WC completing the ground floor.
At first floor level are five well-proportioned bedrooms and a well-appointed family bathroom. The master has a walk-in wardrobe and modern en-suite.
Gardens
Tucked away close to the end of a small private cul-de-sac shared with just a handful of other high-end individual detached homes, Rowan House occupies a wonderful plot of around 0.7 acres with wrap-around gardens on three sides. Outdoor entertainment and summer dining options are provided by a sleek modern terrace on two sides, which is partly covered by an impressive oak-framed glazed canopy.
Parking
The plot is accessed through high wrought iron gates onto its driveway which provides plenty of parking and access to a good size attached double garage.
Agents Notes
Council Tax: Currently Band G
Tenure: Freehold
Mains water. Mains drainage. Mains electricity. Oil-fired central heating.
The property is situated on a private road and there may be a liability for contributions towards maintenance.
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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