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£740,000
Bedrooms
Bathrooms
Impressive, detached split-level, 4-bedroom house situated in the heart of the picturesque village of Kilmington in a quiet tucked away location with attractive gardens, parking and double sized carport.
The Property:
1 Jubilee Green is a substantial, split-level, detached house which was built we believe, in 1993 to a high specification.
Since purchasing the property in 2022, the current owners have updated and improved the property throughout, including the reconfiguration of the kitchen and dining room to create a large open plan kitchen diner with brand new kitchen fitted approximately a year ago. In addition, they have added new flooring to the kitchen/dining room with new carpets through the hall, landings and stairs, created a large utility room and completely overhauled the garden. The attractive gardens which are partially terraced, have been landscaped with the addition of a greenhouse, shed and raised beds.
This delightful property which is situated in the heart of the pretty village of Kilmington, can only be described as immaculate and must be viewed internally to be truly appreciated.
A few steps rise to a canopy porch over the front door which opens into the entrance hall with cloakroom/WC and a small flight of stairs running up and down which access the split levels of the property. A door leads into the open plan kitchen/dining room which has recently been re-configured to a very high standard providing a lovely open plan room with views over the garden. To one side is a comprehensively fitted kitchen with a matching range of white base and wall units with soft closing cupboards and drawers, a Range Master electric oven with five ring induction hob with splashback and extractor over. White quartz worktops complement the look of the kitchen which has an under-mounted 1.5 bowl sink, space and plumbing for dishwasher, space for an upright fridge/freezer and an island unit with additional cupboards and drawers and a breakfast bar. Off the hallway a door leads to the utility room large, white storage cupboards, space and plumbing for a washing machine and tumble dryer and further space for appliances. This room could easily double up as a study or office area.
In the dining area there is ample space for a dining table and chairs and additional furniture. From here, sliding doors give access to the rear patio which is ideal for alfresco eating. A door opens from the kitchen to a good sized practical boot room.
Steps lead down to the lower-level double aspect living room, with a stone fireplace incorporating alcoves and a wood store with an inset Arrow wood burning stove.
A small flight of stairs leads to the landing with cloaks cupboard giving access to bedroom 3 with fitted wardrobes and bedroom 4, which are both double bedrooms. From the landing three further stairs rise to the upper level from where access is gained to the master bedroom which has a dressing area to one side with small built-in wardrobe and door to the en-suite fully tiled bathroom with WC, bidet, wash hand basin set over vanity unit, and a bath with shower unit.
An open arch leads to the sizable bedroom, which is double aspect with windows to front and rear, overlooking the gardens. Bedroom 2 is another sizeable double bedroom which again has an en-suite with a shower, wash hand basin, WC and an airing cupboard with water cylinder and twin double fitted cupboards. In addition, there is a family shower room with walk-in shower, WC and wash basin set over a vanity unit with fully tiled walls and floor.
Outside:
The front of the property has an attractive area of garden laid to lawn with mature hedges affording plenty of privacy and a stone wall boundary. There is a large gravel driveway leading to the double car port with lighting. There is ample parking for several vehicles. To the back of the car port is a pedestrian door providing entry to the rear garden with bin storage area and a door leading to the boiler room/storage room with hand sink. Two steps lead up to a large, paved area perfect for alfresco dining, with well stocked terraced gardens, a hexagonal greenhouse and shed. To the side of the property is another small, terraced seating area with steps down to a further greenhouse and four raised beds. Raised, walled gardens run the length of the area to the front lawn. There are three water butts and taps to the front and rear.
What3Words: ///nearing.commenced.funky
Council Tax: We are advised that this property is in Council Tax Band F. East Devon District Council.
Services: We are advised that all mains services except gas are connected. Oil fired central heating.
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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