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£675,000 Offers in excess of
Bedrooms
Bathrooms
Situated within the beautiful North Devon countryside, this immaculately presented bungalow with adjoining 1 bedroom annexe and 6 acre equestrian plot needs to be seen to be believed! Within 10 minutes drive from major retailers, meaning you have the peace of mind that not only is this a slice of the quiet life but plenty on offer within a short distance from the front door.
Upon arrival a brick-paved driveway with a five-bar gate provides parking for up to five vehicles, leads to the front garden via a low maintenance stone chipped path and a peaceful elevated spot for a morning coffee.
The charming stable door gives this property curb appeal in spades and opens into the main bungalow. The entrance hallway with wooden flooring leads to all of the living areas and double bedrooms.
Two of the spacious double bedrooms overlook the front elevation and benefit from ample floor space for side tables, dressing tables and freestanding wardrobes.
The cozy lounge offers stunning double aspect views whilst accommodating a large sofa set and storage units. The double sided log burner is a focal point for this already faultless room and in the summer months there is access to the rear garden from this room via the UPVC double glazed french doors.
The kitchen is the heart of the home, featuring space for a Range Master oven, central island, ample worktops, wall and base storage units whilst seamlessly flowing into the garden room/conservatory, which functions as an all year-round dining room, comfortably fitting a nine-seater table, a perfect place to gather the family on a Sunday afternoon.
A handy cloakroom and pantry are located to the rear of the kitchen, making for a house proud cooks dream, keeping essentials out of sight and mind through day-to-day life.
The modern shower room located to the centre of the property includes a corner shower, vanity wash hand basin, and WC adjacent.
The largest bedroom is positioned to the rear of the property, accommodating a super king-size bed, wardrobe, side table and dresser with ease. The walk-in wardrobe offers excellent storage or could serve as another double guest bedroom.
The annexe, accessible from the front and rear gardens as well as internally, provides a one-bedroom home with a separate living space with a log burner sat on a slate hearth, oak flooring, and access to a private shower room. To the rear of the annexe, a double bedroom opens to a sun trap patio.
Outside in the main garden, the patio area is perfect for alfresco dining, while the log cabin offers versatile space for a man cave, pool room, or playroom. The spacious rear garden is fully fenced and includes gates into the 6-acre paddock, offering endless possibilities for outdoor activities.
This charming Devon bungalow is ideal for multi-generational family living! A peaceful retreat, or a property with income potential with plenty of land and scope to do as you please. Viewing is highly recommended to fully appreciate all it has to offer.
Nearest pub - 1.4 miles. / Nearest school - 1.4 miles / Plot size - Approx. 6 Acres / Parking - Driveway 4/5 Cars / Tenure - Freehold /Drainage- Private / Water: Well Heating: Calor Gas, Electric, 12 Solar Panels (owned), Double Air Source Heat Pump.
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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