3 bedroom unique for sale

£299,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

Thought to date around the 1860s this impressive Victorian school house conversion has a wealth of period features with mullion windows and a beautiful original arched front door. Set in the small market town of North Tawton, surrounded by open countryside with great walks and just a short distance from Dartmoor. This sympathetic conversion offers comfortable living accommodation along with an easy to maintain garden, a garage and parking.

The original solid wood door opens into an entrance hall with fitted cupboards, the lounge has plenty of light from the mullion windows and a gas fire in an attractive surround. Doors lead through to the dining area with the open staircase leading to the first floor. The kitchen is spacious and has an array of white coloured units, space for a fridge/freezer and washing machine and has a double oven with 4 ring gas hob. Theres a breakfast bar section and room for a smaller dining table with a door that leads out to the garden.

Upstairs the large master bedroom has the impressive 5 pained mullion window along with an ensuite shower room. The back two bedrooms are both doubles and the family bathroom has a white suite bath with shower over and an airing cupboard. The original eaves beams run through as a lovely feature in the bedrooms and bathroom. The heating is mains gas central heating.

Outside to the front is a decorative garden area and to the rear is a courtyard garden with a summer house. A gate to the rear leads to the shared path around to the garage and parking space. The garage and parking space is owned by the property and there is visitor parking in a communal area that is shared with the other 4 properties.

Please see the floorplan for room sizes.

Current Council Tax: Band C West Devon 2024/25 - 2270.81

Utilities: Mains electric, gas, water, telephone & broadband

Broadband within this postcode: Ultrafast 900mbps

Drainage: Mains drainage

Heating: Mains gas central heating

Listed: Grade II

Conservation Area: No

Tenure: Freehold

Buyers Compliance Fee Notice - Please note that a compliance check fee of 25 (inc. VAT) per person is payable once your offer is accepted. This non-refundable fee covers essential ID verification and anti-money laundering checks, as required by law.

NORTH TAWTON is a small town, built alongside the banks of The River Taw. Settlements in and around the Taw Valley experience a haven-like quality, between the often steep-edged hillsides a contrast to other areas of more open farmland. The town has a selection of shops, a primary school, The Fountain and The White Hart pubs and an undeniably pretty square. For more choice, by way of facilities the larger town of Okehampton is only 5 miles up the road where access to the A30 dual carriageway (a link to the City of Exeter) can also be found. North Tawton, as with many Devon towns has a prime medieval church, with a west spire adorned with oak shingles. The town is also known for its superb creamery. The Taw Valley Creamery (est 1974) produces award -winning cheeses, revered locally and nationally.

DIRECTIONS : Entering the village from the A3072, take a right turn onto Exeter Street. The Old School house can be found up to the right. Please park past the primary school on the right and a Helmores representative will meet you at the front of the property.

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EPC Rating: D

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

£
£
£
£

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

Mortgage Required

£ 249375

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
    £ 7475
  • 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

£ 25125
  • Mortgage Interest
    £

    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)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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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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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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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.

Total Profit

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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