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£285,000 Guide Price
Bedrooms
Bathrooms
Ashreigney is a traditional Devon village with a vibrant community, this property is set on the edge of the village and has a well thought out wildlife garden and offers open plan living with the added bonus of solar energy and is being sold with no onward chain.
The main living area is open plan with a dining area, office area, lounge and kitchen with a wealth of light and a lovely aspect over the garden through patio doors. The kitchen has space for a washing machine and fridge, there is a cooker and halogen 4 ring hob with wood effect units. The adjoining utility room has fitted units with space for tumble dryer and an additional fridge/freezer.
The master bedroom is a good sized double and the 2nd bedroom is also a double. There is a storage cupboard in the hall and the bathroom has a white suite bath with shower over. There is uPVC double glazing throughout and has the eco benefit of 11 solar panels (owned outright) and the lounge has a very economical infrared ceiling heater and a multifuel wood burning stove creating a warm and cosy living space. The remaining heating is from programmable electric heaters.
The property has parking for 4 vehicles (with camper hook up) and a well insulated outdoor studio/office suitable for a craft room or store with power and light with adjoining workshop with shelving and workbench. The main garden is south facing and has been well tended and thought out with vegetable beds, garden shed and fruit cage including raspberries, gooseberries and blackcurrants with a water syphoning system. The lower section has a pond and is set to a wildlife garden registered with the Devon Wildlife Trust as a wildlife garden. There is a patio area with creeping thyme and a perfect area to enjoy outdoor dining and listening to the birdsong.
Please see the floorplan for room sizes.
Current Council Tax: Band B - Torridge 2025/26 - 1895.75
Utilities: Mains electric, water, telephone & broadband
Broadband within this postcode: Ultrafast 900mbps
Drainage: Mains drainage
Heating: Solar, Infa-red panel, woodburning & electric heating
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.
ASHREIGNEY is a charming village between Exmoor and Dartmoor and has a church, village hall and a bus serving Bideford and Barnstaple. The local town of Chulmleigh, approximately 4 miles, offers an excellent range of day to day amenities, health centre, primary and secondary schooling, while the regional centre of Barnstaple (approximately 14 miles distant) offers a more comprehensive range of facilities. The Cathedral City of Exeter is approximately 45 minutes drive away and offers access to the motorway network and main line railway networks. North Devons impressive coastline with its steep cliffs and wide sandy beaches is within easy reach by car. There are regular community projects including a pop-up pub and pop-up post office.
DIRECTIONS
From the A377 at Leigh Cross take the turning signposted to Bridge Reeve & Ashreigney (opposite the turning to Chulmleigh). Proceed along this lane down towards the river, cross over the bridge and turn right. Continue along this lane and proceed up the hill, when passing the sign for Ashreigney, the property is found on your right on the road towards Winsood and Burrington.
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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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