3 bedroom semi-detached for sale

£265,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Tedburn St Mary is a well-positioned village on the borders of Mid Devon and Teignbridge. Its location, just a couple of miles from the A30, gives superb accessibility whilst the village has a great community feel. Exeter is just a 15 minute drive, as is the nearest town of Crediton, some 4 miles through the pretty country lanes. There is a pub serving great food, a primary school, shop and post office in the village and a bus service to Exeter and Okehampton operates several times a day, plus a school bus to secondary school.

This property is a 3 bedroom, semi-detached house on a residential street of similar homes. Its part of the village with everything within easy reach. The house itself offers a traditional layout with an entrance porch leading to the front door, very handy for coats and shoes and then into the main house. Theres a living room complete with wood-burning stove and timber flooring with a warm feel. Across the back is a kitchen/diner with plenty of storage and room for a table and chairs too plus doors out into the conservatory. This doubles up as a useful utility area with space and plumbing for a washing machine and further doors out onto the garden. On the first floor are 3 bedrooms and a family shower room.

Outside, its set back from the street by its pretty front garden with lawn and planted beds adding to the privacy. Theres a driveway providing off-road parking for 2 or 3 vehicles and a detached garage to the side. A gate leads into the south facing rear garden which is a good size and with timber fencing and natural hedging. The rear garden has mainly been designed for year round use with a large paved patio providing seating or play space. There are some raised beds with gravel pathways and then two timber sheds, one of which can be used as a home office, ideal for escaping the house and then other is mainly for storage, both have electric running to them.

Please see the floorplan for room sizes.

Current Council Tax: Band C Teignbridge

Approx Age: 1970s

Construction Notes: Standard

Utilities: Mains electric, water, telephone & broadband

Drainage: Mains drainage

Heating: Oil fired central heating and wood burner

Listed: No

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.

Tedburn St Mary is a village located a short drive from Exeter down the A30 (7 miles), and 5 miles across country from Crediton through winding lanes. Its backdrop is that of high slopes, rounded hillforms and narrowing valleys. For everyday necessities there is a traditional village shop and for the kids a wonderful little primary school. If boredom ever strikes Tedburn presents a wide array of things to get stuck into, including: a drama group and a football club. Need to practice for the Ryder Cup? Or just unwind Fingle Glen Golf Hotel is nearby with an 18-hole golf course and luxurious accommodation. For some dramatic walks, Fingle Bridge is only 6.2 miles away. Here the Teign River splashes and whirls its way over mossy boulders, through the middle of a precipitous, wooded gulley on the fringes of Dartmoor. Think: The Lord of the Rings, much of Dartmoor has been inspirational in the approach to Middle Earth by the famous Lotr concept artist, Alan Lee.

DIRECTIONS : For sat-nav use EX6 6AP and the What3Words address is ///crackles.proudest.defers

but if you want the traditional directions, please read on.

From A30 at Pathfinder Junction: Proceed towards the village and take the first left into Four Oaks Road. Pass the junction to Cleave Close and continue past the green on your right and then the property will be found on the left.


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

£ 221325

Mortgage Loan to Value

%

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
    £ 6625
  • 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

£ 22575
  • 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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