4 bedroom detached for sale

£610,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

Converted from former stables, this characterful property has a wealth of opportunity for versatile living. With two ground floor bedrooms (could be used as office/study/craft room) and a bathroom it could be utilised for a multitude of needs. The property is light and spacious and being tucked away behind the village lane, the garden is a quiet, peaceful space to enjoy. Brampford Speke, being just 4 miles from Exeter, is nestled in the Exe Valley and is a quintessential charming Devon village with the added bonus of the excellent Agricultural Inn.

The kitchen has an array of light coloured units with integrated washing machine and dishwasher along with a fridge freezer, eye level double oven and 4 ring induction hob. The ceramic sink is situated in front of one of the 3 windows in this room and overlooks the courtyard. A door also leads out to this area. Solid wood floors run from the kitchen through the lounge and on into the dining room and hall. The lounge has an attractive marble fireplace surround with a multifuel woodburning stove. This room leads into the dining room with understairs storage and a lovely aspect out to the garden.

Also on the ground floor are two other reception rooms that could be used as bedrooms/studies or craft rooms. There is a wet room style bathroom on the ground floor, so these two study/bedrooms and wet room could be used as a living area type annexe. The front door on the ground floor leads out to the front courtyard.

Upstairs, the character really comes into play with exposed beams in all the rooms and low level windows looking out over the lovely gardens. There is a large master bedroom with a multitude of fitted wardrobes and cupboards providing excellent storage. A further double bedroom with storage and the 3rd single room also with storage. The bathroom has a white suite bath with shower attachment and a vanity style sink unit.

The central heating is from an external oil boiler that was replaced around 4 years ago.

Outside, access over the first part of the drive is shared with the neighbouring property, then it leads to the front courtyard which is paved and could be utilised as additional parking. A gate leads through to another parking area with a garage that is currently used as an enclosed workshop/utility room but could easily be opened up again to be a garage. A patio area is to the rear of the house and steps that lead up to the garden, mostly laid to lawn with mature trees and shrub borders along with a large garden shed and raised beds. Please see the floorplan for room sizes.

Please see the floorplan for room sizes.

Current Council Tax: Band E East Devon- 2025/26 - 2825.13

Utilities: Mains electric, water, telephone & broadband

Broadband within this postcode: Ultrafast 1800mbps

Drainage: Mains drainage

Heating: Oil central heating and woodburning stove

Listed: No

Conservation Area: Yes

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.

DIRECTIONS : From the A377 at Cowley, take the road in an easterly direction towards Upton Pyne, just before the village, take a right turn onto Burridge Road signed posted to Brampford Speke. Continue through the village past the Agricultural Inn to your left and the property can be found on the left marked with a Helmores board.

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EPC Rating: E

Features
  • Freehold

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

£ 505950

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
    £ 15250
  • 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

£ 48450
  • 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)
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  • Letting Fee
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  • Maintenance
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  • 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

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  • 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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