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Market Place, Colyton
£795,000
Bedrooms
Bathrooms
A beautifully situated detached single storey barn conversion set in fabulous gardens of just under half an acre. The very well maintained property offers attractive and comfortable accommodation comprising four bedrooms, two bathrooms, generous living room and recently re-fitted kitchen/dining room. A large utility room has space for all the white goods and a further rear lobby offers useful additional storage with a connecting door to the garage.
The gardens are delightful, separated into many `rooms` each with a different atmosphere and all thoughtfully designed and planted. There is also a practical section with raised beds for planting fruit and vegetables and an area of lawn as well as secluded seating spaces.
At the back of the plot is a barn with separate sections for housing delicate plants over winter, general storage and a large space which could be used for hobbies or over flow guests as there is also a shower room and a kitchenette.
The whole property is beautifully presented both inside and out and offers versatile living.
Farway is a small village spread along the pretty Farway valley in the East Devon Area of Outstanding Natural Beauty, comprising a number of scattered properties with a charming village centre. The Church of St Michaels and All Angels dates back to Norman times and as with many such buildings has evolved and been rebuilt throughout its history. Farway is also served by a Methodist Church, a Primary School and a Village Hall with events getting underway once again following the pandemic disruption. For more village information please see their website:
The market town of Honiton is just under 4 miles from Farway, where there is a mainline train station with services to London Waterloo and Exeter. Exeter airport is just under 15 miles away.
The accommodation, all measurements approximate, comprises:
uPVC front door with obscure glazed side panel.
HALL
Window to front. Large linen cupboard. Coved ceiling. Herringbone design parquet flooring. Radiator. Door to
LIVING ROOM - 0.63m (21') x 5.44m (1710')
Two windows to front with large electrically operated sun awning. Sliding patio doors to front. Further window and French doors to rear garden. Brick fireplace fitted with log burner style gas stove (bottled gas). TV point. Coved ceiling. Herringbone design parquet flooring. Two radiators. Multi-paned glazed double doors to
KITCHEN/DINING ROOM - 5.47m (1711') x 3.85m (128')
Sliding patio doors to front. The kitchen has been attractively re-fitted with a matching range of wall and base units and pan drawers with Quartz work surfaces and inset stainless steel one and a half bowl sink unit and drainer and built-in water filter tap. Built-in dish washer. Free standing electric range cooker with induction hob and cooker hood above. Under unit lighting. Recessed ceiling lights. Kickboard lighting. Karndean flooring. Radiator. door to
UTILITY ROOM - 2.61m (87') x 2.56m (85')
Window to rear. Fitted with wall and base units to match the kitchen with inset stainless steel sink unit and drainer. Space and plumbing for washing machine and one other appliance. Floor standing Grant oil fired boiler for central heating and hot water. Hatch to part boarded and insulated loft with light. Coved ceiling. Karndean flooring. Radiator. door to
STORE
Half glazed door to garden. Floor to ceiling built-in cupboards. Tiled floor. Door to
GARAGE - 4.71m (155') x 3.39m (111')
Up and over door to front. Power and light. Electricity consumer unit.
From the hallway...
BEDROOM ONE - 7.39m (243') x 6.03m (199')
A fabulous, large, master bedroom with triple aspect and views to the nearby countryside. Five windows to front and side . TV point. Coved ceiling. Two radiators. Door to
EN SUITE
Obscure glazed window to side. Fitted with a white suite comprising large shower cubicle, w.c. and wash hand basin set into base unit with cupboards beneath. Fully tiled walls. Shaver point and light. Extractor. Ceramic tiled. Radiator.
BEDROOM TWO - 4.46m (148') x 4.45m (147')
Window to side and French doors to rear garden. Built-in wardrobes and shelves. Coved ceiling. Radiator. Modern electric wall mounted raidiator.
BEDROOM THREE - 3.91m (1210') x 3.37m (111')
Window to rear with garden views. Coved ceiling. Radiator.
BEDROOM FOUR - 3.91m (1210') x 3.06m (100')
Fully glazed door to rear garden. Coved ceiling. Radiator.
BATHROOM
Velux skylight.. Fitted with a white suite comprising panelled bath, w.c. and pedestal wash hand basin. Splashback tiling. Extractor. Ceramic tiled floor. Radiator.
OUTSIDE
On approach to the property, there is a large tarmac parking area which leads to the driveway. There is therefore provision for parking 6 or 7 vehicles. Alongside the driveway, there is a low stone wall with pillars and wrought iron fencing with gates to the garden and house.
GARDEN
It is hard to do justice to the garden with mere words and we would highly recommend a viewing to fully appreciate what this one has to offer. The garden is fully enclosed and separated into several different 'rooms'. Immediately in front of the property is a level patio area, facing south, this space enjoys day long sunshine, hence the sun awning. One step down is a level lawn and further steps lead down to a formal paved garden, which is interspersed and bordered with a number of specimen shrubs and small tress, including spectacular white pompom hydrangeas and a forest pansy.
From here a path leads through a Mediterranean inspired section where there is a very productive grape vine and a fig tree. The next path takes you beneath a long arch adorned with a variety of climbers opening to a gravelled Japanese style garden with large pergola above on one side. To the other side is a large patio with an ornamental pond bordering a lawn. Decorative wrought iron gates lead through to the rear garden. On the right is a practical area with four raised beds for growing produce. Above this is a raised patio with a summer house placed to enjoy the wonderful country views.
Leading back towards the house is a further area of lawn bordered by a fabulous variety of Acers. A further patio seating area is found beside the doors to the living room. This is a secluded spot for shady seating and there is an outdoor kitchen here. The patio continues to to a useful covered area outside the back door and steps lead up to the outbuildings.
Throughout the garden are a number of water butts and outside taps. The garden is very well stocked with a number of specimen trees, not all of which are listed but worthy of mention are: American Oak, English Oak, several Acers, several Figs, ornamental Pear, 4 Birches, a well established Wisteria and a Styrasiflua (Sweet Gum Tree). As you can tell, many of these are planted for colour.
BARN - 9.59m (316') x 3.69m (121')
Stone barn with stable door to garden. Two windows to garden and two Velux roof lights. Built-in worktop with inset sink unit and drainer. This is a fantastic space that offers a number of uses. It could make an ideal art studio or a space to work from home or even for overflow guests as there is a shower room within the barn. Power and light are connected. The shower room has a Velux roof light and is fitted with a shower tray and curtain, w.c. and pedestal wash hand basin. There is a small hot water boiler and wall mounted Dimplex fan heater. Internal door to
STORE - 3.69m (121') x 1.62m (54')
Window to side. Power and light. Electricity consumer unit.
POTTING SHED - 3.95m (130') x 2.47m (81')
To the other side of the barn with a separate door from the garden is this very useful outbuilding. Large window to the garden. Power. This makes an ideal potting shed/small workshop or perfect place to over winter sensitive plants.
SERVICES
Mains water and electricity are connected. Water is metered. Oil fired central heating. Shared septic tank.
BROADBAND
Broadband availability at this location can be checked through:
MOBILE
Mobile coverage can be checked through:
COUNCIL TAX
Band G. East Devon District Council. 3,805.92 (20243/25).
FLOOD RISK
Flood risk Information can be checked through the following:
ADDITIONAL INFORMATION
We understand that the property was originally a calf barn and later a school dormitory. It was converted to a home in 1996/97 and has only had 3 owners in that time. Windows are a mixture of wooden and uPVC but all are double glazed. Several windows and doors have been replaced under the current ownership and are still under guarantee. The central heating boiler is about two years old. The septic tank is shared with 3 properties (including this one) and is sited in a neighbour`s garden.
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Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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.
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Final Equity Profit = Final Property Value - Mortgage Required - Investment
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