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£465,000 Guide Price
Bedrooms
Bathrooms
A delightful semi detached three bed house situated in a sought after cul de sac close to Charmouth beach, and within easy level walking distance of both the beach and the villlage amenities. Number One has the advantage of a larger L shaped garden being a corner plot. Garage and parking directly behind the property. Built by Messrs CG Fry in 1996 this home offers two receptions, kitchen and conservatory on the ground floor plus three bedrooms on the first floor. Carefully maintained over the last ten years and presented in good order throughout.
Ground Floor: Step up to front door into the Hall. Cloakroom with WC. Stairs to first floor with understairs cupboard. Living Room with window overlooking the front aspect. Fireplace with inset gas fire. Opening into Dining Room with French doors out to the Conservatory.
Fitted Kitchen with integrated double oven and hob. Space for tall fridge freezer, washing machine and dishwasher. Wall mounted Worcester gas boiler. Two windows, one internal. Serving hatch. Glazed door to Conservatory. The Conservatory runs the full width of the property with a side door and sliding doors out to the garden.
First Floor:Landing with airing cupboard with fitted shelving. Bathroom with bath and shower over, WC and handbasin. Double bedroom to front with fitted wardrobes. Views towards Stonebarrow Cliff and sea glimpses over rooftops. Rear second double bedroom with wardrobes and window to rear. Single bedroom to front with sea glimpses.
Outside: A timber gate to side leads into an L shaped garden recently landscaped to include a good sized paved patio with mature planting and some raised beds with just a few steps up to Single Garage (attached to another) with pedestrian door to one side and further steps to the far side up to rear garden gate to private parking . Power and light and up & over door. Private parking for one/two cars end to end outside the garage. Vehicle access via shared driveway positioned adjacent next door semi.
DFH1694. DC D. EPC All mains services. Gas central Heating and double glazing with sash windows.
A very welcoming friendly coastal community with a good variety of clubs and interests. Good local shopping with foodstore, chemist. bakery, newsagent/hardware. hairdresser, cafes, two pubs, GP and Church to name just a few. Local Primary school with secondary links to The Woodroffe Lyme Regis and Colyton Grammar. See
Double Common is a continuation of Hammonds Mead just off Lower Sea Lane, the level road to the beach and from the shops. Lyme Regis, Bridport & Axminster are all close by, with regular bus services through the village. Mainline rail Exeter/Axminster/London Waterloo.
Directions: From village centre proceed off The Street down Lower Sea Lane towards the beach. Take the last turning on the right just after the Primary School into Hammonds Mead. Continue into Double Common. Number One is immediately on the left side.
Map location is not available for this property.
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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