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£360,000 Guide Price
Bedrooms
Bathrooms
Cheriton Bishop is a wonderful location for those looking for an accessible village with a great community but without being isolated and down miles of country lanes. The A30 is a short drive away and gives easy and quick access to Exeter or west to Okehampton. The village itself is well served with a primary school, shop/post office, pub and a well-regarded medical centre. Dartmoor is also just a short distance away for those wishing to explore.
Glebelands is a mix of bungalows and houses and is central to the village with easy access to the facilities. Occupying a level plot in the cul-de-sac, this property has the perfect location in the village with everything easily accessible. The property has been extended in the past and is very well looked after and although some of the fittings may be changed for personal taste, its presented very well, being clean and tidy both inside and out. The layout gives a large living room with views over the front garden. One of the three bedrooms is currently used as a dining room giving flexibility and the two remaining bedrooms are doubles and served by a central shower room. The kitchen, with its Stanley range cooker/boiler, opens into the wonderful conservatory which runs almost the length of the bungalow at the rear. Throughout, theres plenty of space and due to the extension, its larger than you may first imagine. The property has oil fired central heating.
Outside, theres driveway parking and a larger than average attached garage giving excellent storage space. The gardens sit to the front and rear with the large south facing rear garden being a real asset to the property. There are areas of lawn and gravelled beds from which to enjoy those summer days. The large, level rear garden will be an attraction to many with the possibility of creating vegetable/flower beds for those inclined to do so. There are plenty of options of places to sit and relax too, finding sun or shade as required.
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 B Mid Devon
Approx Age: 1970s
Construction Notes: Standard
Utilities: Mains electric, water, telephone & broadband
Drainage: Mains
Heating: Oil fired central heating
Listed: No
Conservation Area: No
Tenure: Freehold
CHERITON BISHOP offers something for everyone, situated as it is for hassle-free access to the A30 dual carriageway, for routes to Exeter (10 miles) or access to Okehampton and Cornwall. Similarly, Dartmoor is on the doorstep as is the magnificent Fingle Bridge for river walks overlooked by the imposing Castle Drogo. In the village itself, youll find a shop with Post Office, a parish church, primary school, and doctors surgery, nearby is the well-regarded The Old Thatch Inn, where you can snuggle up by the fire or dine in style.
DIRECTIONS : For sat-nav use EX6 6HZ and the What3Words address is ///onto.spans.extent but if you want the traditional directions, please read on.
If entering Cheriton Bishop from the A30 at Woodleigh Junction, pass The Old Thatch Inn on your left and take the next right into Church Lane. Then take the second left into Glebelands and go to the end of the first road, the property will be found just before reaching the left hand corner.
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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