4 bedroom semi-detached for sale

£825,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

For those in the know, Sandford is a pretty village, just a mile or so north of Crediton, set in the rolling Devonshire countryside. Its a popular choice with buyers due to it not being too far from the town but also because of its community. Theres a fantastic shop/post office, two pubs, a village hall, a garage with MOT facilities and a primary school plus a regular bus service linking to Crediton and Exeter several times a day. Sandford is also home to one of the most picturesque cricket grounds in the county, set within Creedy Park. In addition, there are football and tennis clubs locally too. The stunning Millennium path links Sandford and Crediton meaning a year-round walk or cycle ride between the two is available off the roads.

Westfield is set in a central yet extremely private position within the village. In fact, many a local may not even know its there. The property is adjoined (by one rear wall only) to the neighbouring Park House and falls within the curtilage of its listing. Originally cottages and stables, Westfield was converted into what you see today in the 1980s and now gives ample living space within those wonderful gardens. The flexibility is somewhat endless with options for an annexe or hobbies at one end without really impacting on the house itself. Theres oil fired central heating and the property has been very well maintained by the current owners during their tenure.

Internally, the rooms are a great size with high ceilings and plenty of room. The useful porch gives access to the inner hall with stairs to the first floor and access through to The Stables (more of that later). In the main house, the kitchen is modern and well fitted and split into two zones. Theres a large living room with a fireplace with a woodburning stove set in a slate surround and through double doors, a separate dining room overlooks Creedy Park on the opposite hillside. As youd expect, theres a useful ground floor WC and then on the first floor are the four double bedrooms with the master having an ensuite bathroom. A family bathroom is available to the remaining bedrooms. The property predominantly all looks out to the South and West meaning plenty of daylight. The Stables, as the name suggests, was converted from the former stables and now gives an additional reception room, used as a TV room and there are a further two offices/studies which are ideal separate spaces for those looking to work from home. That said, this is all part of the main house. Worth a mention is the separate stable door to outside from the stable area, which could make a suitable annexe (stp) if desired.

Outside, as previously stated, the driveway leads in, through the garden to an ample parking area. Theres plenty of room for parking numerous cars. Attached to one end of the house is a single garage and then a detached double garage makes for ideal storage/hobby space giving three garages in total. The gardens are a real feature of the property, laid mainly to lawn and with some beautiful established trees and shrubs, plus various seating areas and planted beds. Theres enough room for the keenest of gardeners or indeed room to kick a ball around! Its a true delight in the middle of the village but dont let the central location deceive you, its still private, and quiet, yet with the bonus of convenience.

Agents Notes : At the time of writing, the adjoining property Park House is for sale. The purchase of both would give a large village centre property with 3-4 acres.

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 Mid Devon

Approx Age: 1800 converted in the 1980s

Construction Notes: Cob/stone under slate roof

Utilities: Mains electric, water, telephone & broadband

Drainage: Mains

Heating: Oil fired central heating and wood burner

Listed: Yes Grade II (covered by the listing of Park House next door)

Conservation Area: Yes

Tenure: Freehold

Sandford is a civil parish and village 1 miles north of Crediton, with a historic 12th Century Church. It has an old -world feel, with slender twisting streets, flanked by antique thatched cottages displaying a menagerie of Beatrix Potter style perennial gardens. At the village heart sits a 16thCentury Post House, enshrined by creepers this is now The Lamb Inn, an award winning pub/ restaurant; with a rustic aesthetic. Across the way from here is the shop/ post office, run by the local community. Community is something that underpins every aspect of Sandford, including the local sporting events. Residents have a choice of things to do: such as joining the village cricket, tennis, football and rugby clubs. The village hall is another hub of village life, with a regular programme of activities. Sandford has a highly sought after primary school (known for its classic Greek-style architecture). Older ones fall within the direct catchment for Q.E.C.C. in Crediton (with an Ofsted outstanding Sixth Form). Sandford is linked to Crediton via a footpath, that runs through the Millennium Green on the outskirts of the village past a wildflower meadow, herb garden, over a crystal stream, yonder tilled fields to a little copse at the towns-edge.

DIRECTIONS : For sat-nav use EX17 4NQ and the What3Words address is ///president.blazers.agreement but if you want the traditional directions, please read on.

When entering Sandford from Crediton, proceed up Rose and Crown Hill. Opposite the junction into The Square, take the driveway on the right hand side, go though the gates and into the drive and the property will be found on the left hand side.

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £3,567.85

Total Interest: £459,426.59

Overall Total: £1,284,426.59

Amortization For Monthly Payment: £3,567.85 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£26,157.11 £16,657.11 £808,342.89 
2026£25,616.19 £17,198.03 £791,144.86 
2027£25,057.71 £17,756.51 £773,388.35 
2028£24,481.09 £18,333.13 £755,055.22 
2029£23,885.75 £18,928.47 £736,126.75 
2030£23,271.08 £19,543.14 £716,583.61 
2031£22,636.44 £20,177.78 £696,405.83 
2032£21,981.20 £20,833.02 £675,572.81 
2033£21,304.68 £21,509.54 £654,063.27 
2034£20,606.19 £22,208.03 £631,855.23 
2035£19,885.01 £22,929.21 £608,926.03 
2036£19,140.42 £23,673.80 £585,252.23 
2037£18,371.65 £24,442.57 £560,809.66 
2038£17,577.91 £25,236.31 £535,573.35 
2039£16,758.40 £26,055.82 £509,517.53 
2040£15,912.28 £26,901.94 £482,615.59 
2041£15,038.67 £27,775.55 £454,840.04 
2042£14,136.70 £28,677.52 £426,162.52 
2043£13,205.44 £29,608.78 £396,553.75 
2044£12,243.94 £30,570.28 £365,983.47 
2045£11,251.22 £31,563.00 £334,420.47 
2046£10,226.26 £32,587.96 £301,832.51 
2047£9,168.01 £33,646.21 £268,186.30 
2048£8,075.40 £34,738.82 £233,447.48 
2049£6,947.31 £35,866.91 £197,580.56 
2050£5,782.58 £37,031.64 £160,548.93 
2051£4,580.03 £38,234.19 £122,314.74 
2052£3,338.43 £39,475.79 £82,838.95 
2053£2,056.52 £40,757.70 £42,081.25 
2054£732.97 £42,081.25 £0.00 

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

£ 670,825

Mortgage Loan to Value

81%

Gross Yield

12%

Annual ROI

34%

Annual Rental Profit

£ 45,105

Cumulative Rental Profit

£ 451,049

Cost of Purchase

£ 52,075
  • Stamp Duty
    £ 28,750

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 20,625
  • 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

Adjust these figures

£

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

£ 53,895
  • Mortgage Interest
    £ 30,187

    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)
    £ 13,068
  • Letting Fee
    £ 240
  • Maintenance
    £ 9,900
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£ 917,812
  • Final Equity Profit
    £ 466,763

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £ 451,049

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£ 1,343,838

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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