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£865,000 Guide Price
Bedrooms
Bathrooms
Although located on the Northern edge of the small Devon town of North Tawton, surrounded by fields and with Dartmoor views, The Old Coach House is only a third of a mile from the centre of the town and all its amenities are within easy reach. Being in a cul-de-sac, theres no passing traffic, its private and the large gardens encompass the house. The property was built in the 1980s by a local builder. Subject to obtaining any necessary approvals, the additional detached two bedroom annexe just across the courtyard might provide ancillary accommodation.
Internally, theres plenty of space on offer with large living spaces throughout. The kitchen/dining room opens on to the rear courtyard and has a large additional walk in pantry and utility room which is a lovely addition. Theres the option of cooking on a gas range or the AGA depending on the time of year and theres solid granite tops too. The main living room with its woodburner gives a cosy feel during the shorter winter days and in the summer, the large adjoining conservatory comes into its own. Drawing the garden inside, its a great entertaining space which again opens out to the garden. The ground floor also has a dining room, that might alternatively be used as a snug or study, giving extra living space and flexibility plus the ever useful ground floor WC. The staircase is split level and gives access to the four bedrooms. The master bedroom has its own shower room with walk in shower and the family bathroom serves the other bedrooms. Theres a fifth room which was formerly a single bedroom but could be used as an office which houses the solar plant.
The annexe is a detached brick building offering two bedrooms and two bathrooms over the two floors. Theres a great sized open plan living space with a well fitted kitchen. Its a home from home and feels substantial and welcoming.
Outside, the property is approached via a drive from the head of the cul-de-sac. The house cant be seen from the road but the drive sweeps in to an ample courtyard with plenty of parking. Within the boundary, the drive has recently been upgraded with a resin finish which is not only smart but practical. Theres a double garage (5m x 6m) with electric door which provides useful storage and lots of water butts utilise the roof run off. Dotted around the gardens are various seating areas to find or escape the sunshine depending on the time of day, each with a different feel. The entire plot extends to just under half an acre giving plenty of space to enjoy. Currently the garden is lawned, surrounded by hedging which provides a soft border to the surrounding fields.
This is a fantastic opportunity for two homes in one, all in a great plot and location with no onward chain.
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.
Please see the floorplan for room sizes.
Current Council Tax: Band G West Devon
Approx Age: 1980s
Construction Notes: Standard (block and slate roof)
Utilities: Mains electric, water, telephone & broadband plus solar panels and 2 batteries
Drainage: Mains
Heating: Gas fired central heating
Listed: No
Conservation Area: No
Tenure: Freehold
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, two dentists, a doctors surgery, primary school, The Fountain, The White Hart and Copper Key pubs and an undeniably pretty square. The town also boasts a large park with play areas and pump track. 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
For sat-nav use EX20 2DB and the What3Words address is ///concerts.implanted.odds but if you want the traditional directions, please read on.
When entering North Tawton from the A3072 at De Bathe Cross (Bow to Okehampton) go across the roundabout and down into the town centre. Bear right at the clock tower and straight on (across the junction) into North Street. Continue until turning right into Bouchiers Close, follow the cul-de-sac to the top and take the left driveway into the property.
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.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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