3 bedroom detached for sale

£650,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

The Mid-Devon villages not only vary in size and population, but also in accessibility. Hittisleigh is one of the smaller villages but is ideally located with the larger villages of Spreyton and Cheriton Bishop nearby, each with local shop, primary school and easy access to the A30 for onward road links. For secondary schools, a school bus runs to Crediton and there are a number of state and private schools in Exeter to choose from.

The house dates back hundreds of years with the oldest parts believed to be circa 1600s but more recent additions and improvements have led to what it is today. The house is a really good size with plenty of windows making it a light property, something that cant be said for a lot of period cottages. The layout has been altered to suit the current owners with 2 large double bedrooms, each with its own bathroom on the first floor but this could be reverted to provide 3 bedrooms to the first floor if a new owner preferred. On the ground floor, the 2 large reception rooms allow for flexible use and theres a 3rd bedroom on the ground floor too with an adjoining study. The kitchen and utility room sit at the rear and it was a longer term plan to alter this arrangement and perhaps push out at the rear to create a wonderful kitchen/family room out into the garden. The house isnt listed and therefore there should be straight forward routes to planning and improvements should they be desired. The house has oil fired central heating and a wood burner.

Outside, the entire plot extends to just under half an acre with its own driveway in and wrap around gardens. The previous owners were car enthusiasts and due to this, theres ample parking in the driveway and a total of 6 garages are included in the sale. There are 3 double garages and these would suit a range of uses from vehicles to storage and even hobby space (office/gym/studio). To the rear and extremely private is a swimming pool with a paved terrace, a lovely addition and has been thoroughly enjoyed on many occasions. We love the fact that the plant room for the pool is sunken so its not on show. The gardens beyond are well established with a variety of plants, shrubs and trees and plenty of lawn too adding to the feeling of space and privacy. As well as the garaging, there are further stores and a greenhouse and hidden to the left of the entrance is a level lawn, ideal for out of the way garden games.

Please see the floorplan for room sizes.

Current Council Tax: Band F Mid Devon 2024/25- 3406.17

Approx Age: Original parts C16 with later additions

Construction Notes: Cob/stone/block with slate roof

Utilities: Mains electric, water, telephone & broadband

Broadband within this postcode: Recommended to use over air for fast connections

Drainage: Private drainage (Septic tank)

Heating: Oil fired central heating

Listed: No

Conservation Area: No

Tenure: Freehold

Nestled in the heart of Devon, Hittisleigh is a charming village lying just north-east of Dartmoor, offering the perfect blend of tranquillity and community spirit. Just 7 miles from Crediton and 14 miles from Exeter, it provides an idyllic countryside escape. The village is rich in history, boasting picturesque landscapes and historic architecture, including the beautiful 13th-century St Andrews Church and a welcoming village hall that serves as the communitys hub.

The villages proximity to the A30 ensures quick access to Cornwall, Exeter, and the M5 motorway, making it an ideal spot for those seeking a peaceful rural lifestyle without being too far from major destinations.

DIRECTIONS

For sat-nav use EX6 6LG and the What3Words address is ///regrowth.stereos.remotes but if you want the traditional directions, please read on.

From the A30 at Whiddon Down take the old A30 eastwards signposted to Crockernwell, Cheriton Bishop and Hittisleigh. Then take the first left turn signposted for Hittisleigh. After about 2 miles you will pass the Hittisleigh village sign and Medlake Cottage will be seen on just on the left.


EPC Rating: E

Mortgage Calculator

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 )

Return on Investment

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£
£
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Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 538950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 16250
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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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.

Annual Costs

£ 51450
  • Mortgage Interest
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    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
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  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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Total Profit

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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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Final Property Value

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