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£240,000 Guide Price
Bedrooms
Bathrooms
Chulmleigh is a small town nestled in the heart of Devon farmland with great schools, a golf course and a thriving community. Ladywell Meadows is a prestigious estate built by Devonshire Homes and designed with a village feel to blend in with the rural location. Its just a short walk into the centre of Chulmleigh with good pubs, eateries, doctors surgery, local shops and some fabulous dog walks in the area. The property is being sold with no onward chain.
The kitchen is light and bright with white gloss modern units and integrated fridge/freezer (recently replaced) and double oven with induction hob over. Theres space for a dishwasher and washing machine and room for a table too. In the hall theres a WC and a sizeable cloakroom cupboard. The lounge is spacious and has a lovely view over the garden from the patio doors.
Upstairs the master bedroom has an ensuite with corner shower along with a double fitted wardrobe. Theres a further double to the front and a large single bedroom. The family bathroom has a white suite bath with shower and screen over, the ceilings on this floor are high giving a lovely sense of space. There is uPVC double glazing throughout with stylish sash windows and the heating is from an Air Source heat pump.
Outside to the front is a shared path with a communal green with a stunning oak tree. To the rear is a larger than average garden laid to lawn with a small patio area to enjoy outdoor dining. To the end of the garden there is a shed and gate to access the parking spaces.
Please see the floorplan for room sizes.
Current Council Tax: Band C North Devon 2025/26 - 2,185.36
Utilities: Mains electric, water, telephone & broadband
Broadband within this postcode: Ultrafast 900mbps
Drainage: Mains drainage
Heating: Air Source heat pump
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.
CHULMLEIGHis a small market town home to an impressive range of independent shops that nestle along its winding streets cheek by jowl with thatched cottages. The town also offers essential facilities such as a health centre, dentist, library, pubs, sports club, and the sought after Chulmleigh Academy. On the edge of mid-Devon, Chulmleigh sits amid unspoilt countryside crossed by a network of public paths. Its also served by Eggesford station where trains to Barnstaple or Exeter can be boarded.
DIRECTIONS : Use EX18 7DX, upon entering Ladywell Meadows, no. 6 can be found around to the left.
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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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