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£320,000 Guide Price
Bedrooms
Bathrooms
Embrace the charm of seaside living with this delightful three-bedroom home on Stanwell Drive, Westward Ho! Offering generous space for families or those seeking a coastal retreat, this property perfectly blends comfort and convenience. The open-plan living and dining area showcases elegance, creating a tranquil setting for both everyday life and entertaining guests. A well-equipped kitchen ensures practicality, making meal preparation and hosting effortless.
Parking is hassle-free with a private driveway and garage, providing ample space for vehicles or storage. Outside, the west facing garden offers the perfect spot to unwind, soak up the sunshine, and enjoy picturesque sunsets. Ideally situated close to the beach and local amenities, this home delivers the ultimate coastal lifestyle. With excellent transport links to Appledore, Northam, and the A39, exploring the surrounding area couldnt be easier.
Some information on the area - Westward Ho! in North Devon is a coastal gem renowned for its stunning natural beauty and rich history. Named after the Charles Kingsley novel, this seaside village boasts a picturesque stretch of golden sandy beach, perfect for sunbathing, surfing, and family picnics. The village itself exudes a charming maritime character, with colourful beach huts, quaint cafes, and traditional pubs lining its streets. Beyond its coastal allure, Westward Ho! offers a plethora of outdoor activities, from scenic coastal walks along the South West Coast Path to exhilarating water sports in the Atlantic Ocean. With its laid-back atmosphere, breathtaking vistas, and vibrant community spirit, Westward Ho! captures the essence of quintessential coastal living in North Devon
Dont miss out on this perfect investment opportunity for those looking to venture into holiday lets or upsizing families. Contact us today to schedule a viewing and experience the charm of Stanwell Drive, Westward Ho
Nearest pub - 0.7 miles. / Nearest shop - 0.6 miles / Nearest school - 1.5 miles - St Margarets C of E Aided Junior School / Nearest bus Stop - 0.5 miles / Parking - Driveway / Garden - West Facing / Tenure - Freehold
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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