Are you an Estate Agent? Register here
53 Broad Street, Lyme Regis, Dorset
£969,500
Bedrooms
Bathrooms
A substantial five bedroom detached family home set in a large plot on Raymonds Hill with beautiful countryside views and spacious reception rooms.
Situated on Raymonds Hill, a popular residential area close to the coast and the popular seaside town of Lyme Regis and the East Devon market town of Axminster, Firs Folly is a substantial well maintained family home set off of Crewkerne Road.
On entrance to the property, you are welcomed by a large entrance hall with feature fireplace, wall lights and windows to the front providing natural light.
The kitchen is fitted with a range of modern units comprising base cupboards and drawers with matching wall cupboards. Laminate work surfaces with tiled splash backs, inset sink and drainer. Fitted appliances include dishwasher and range cooker. A window provides excellent views over the garden and the countryside beyond.
A separate utility room with underfloor heating downstairs WC and door to the garden. A Breakfast room with space for a dining room table includes one part of a dual log burner and bi folding doors that provide views over the garden and countryside beyond.
The large triple aspect sitting room is a particular feature of the house with a light and airy feel, exposed brickwork above the woodburner and patio doors to the garden. Double doors lead to the Dining room/Play room with bay window to the front elevation and further window on the side. A fifth bedroom/office with fully tiled white en suite bathroom comprising: WC. Bath with shower attachment. Window. Wash hand basin with vanity unit below and heated towel rail completes the ground floor accommodation.
Stairs rise from the hall to the first-floor landing with potential office space and two windows to the front elevation giving light and connecting the upstairs accommodation. The large master bedroom provides two built in wardrobes and far-reaching countryside views from the glass fronted balcony accessed solely from the master suite. The master ensuite is fitted with double heated towel rail, double shower with glass screen, his & her sinks, illuminated mirror, WC, window to side aspect and tiled flooring.
Bedroom two has a bay window, fitted double wardrobe and ensuite comprising spa bath with shower attachment, heated towel rail, wash hand basin with vanity unit, illuminated mirror and tiled flooring. Two further double bedrooms have superb far reaching countryside views. The family bathroom concludes the first floor accommodation with a free standing bath, separate double shower, wash hand basin, heated towel rail, WC, LED lighting, tiled flooring and on the side aspect.
The front garden area of the property is mainly laid to lawn with gravel and paved walkways, a variety of shrubs and hedging boarder the garden with the tarmac driveway providing ample parking. A five-bar gate at the side of the property gives access to the large rear garden. This area is made up of multiple areas all benefitting from countryside views including: The raised decking area off the kitchen and sitting room is an excellent place for Alfresco dining. At the end of the lawn is a gravel track leading to 1000sq ft of Cedar clad outbuildings. There is a garage and two substantial workshop area all fitted with light, power and are separately fused to the main house. To the East of the outbuildings sits another substantial lawned area which has potential to be a vegetable plot or play area.
The property is in the highly desirable area of Raymonds Hill, the busy market town of Axminster lies approximately two miles to the west and provides an excellent variety of shops and a mainline rail link with services to Exeter and London Waterloo. There are many cafes, post office, a banking hub, swimming pool and leisure centre. The West Dorset town of Lyme Regis, sitting at the heart of the world renowned Jurassic Coast lies less than four miles to the south. Lyme Regis is famous for its beautiful coastline, seafront and Cobb Harbour. The bustling streets are home to an extensive range of interesting and independent shops and restaurants. Locally there are several excellent schools including The Woodroffe and Colyton Grammar Schools.
Services:
Mains drainage, electric and oil-fired central heating.
Local Authority:
East Devon Council.
Council Tax Band F.
EPC Rating D.
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