5 bedroom detached for sale

£1,350,000 Guide Price

5

Bedrooms

3

Bathrooms

Floorplan

Westacott Barton is a small hamlet style development of just 8 stunning barn style homes just a mile outside of the market town of Crediton, not far from Exeter. The small enclave within the rolling hills is accessed via a private drive and a truly special position with beautiful homes and views. The last property to sell here didnt even make it to the market and this next home is pretty much an identical layout. Please note that the images are the last house and are for indication - its not the actual house for sale in the photos.

KITCHEN:

Contemporary Kitchen handless design (including Island)

Quartz bespoke worktop

Neff integrated slide & hide oven

Neff compact oven (with microwave)

Neff Integrated full-size fridge, freezer and dishwasher

Integrated wine cooler

Quooker kettle tap

UTILITY:

Range of base units with space for washing machine and tumble dryer.

BATHROOMS AND EN-SUITES:

Contemporary, luxury sanitaryware

Chrome heated towel rails

Full height tiling around shower & bath areas

FITTINGS AND FINISHES:

Karndean flooring to kitchen, utility, dining & living spaces

Fitted carpets to bedrooms

Integral wardrobes in Master bedroom & bedroom 2

Oak staircase with glass balustrades

PLUMBING AND HEATING:

Air source heating

Underfloor heating throughout

Mechanical heat recovery system

ELECTRICAL AND LIGHTING:

Brushed chrome light switches & sockets.

Downlighters throughout with wiring for wall lights in dining areas & lounge

Wiring for bedside lights

Wiring for pendant/chandelier in stairwell

TV points in bedrooms and habitable rooms

Smart meters

WINDOWS AND DOORS:

Aluminium triple-glazed external windows & doors

Internal solid oak with quality handles

Electrically operated garage door.

GARDENS:

Double garage with electric garage door

Outside tap

Parking/drive to be brick pavers

Porcelain slabs to Patio area

Composite decking to all balconies, with glass balustrades

Lawn areas to be seeded.

PEACE OF MIND:

Wiring provision for burglar alarm

6 year architects warranty tbc

Owners home manual

Completion is expected towards the end of 2025 but an early reservation/exchange will ensure some input can be given from a buyer on some colour choices in the kitchen and flooring.

Please note that this is a coming soon advert prior to the house being finished. Images and floorplans are of the previous build so minor changes may be made to the final build but these will be explained on a viewing.

SERVICE CHARGE: Currently 65 per month, covering Bio-plant maintenance & running costs, hedge trimming (Communal areas only) & access track maintenance.

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: TBC Mid Devon

Approx Age: 2025

Construction Notes: Standard New Build

Utilities: Mains electric, water, telephone & broadband and solar PV

Drainage: Private Drainage (treatment plant)

Heating: Air-source heatpump underfloor heating

Predicted EPC: 85 (B)

Listed: No

Conservation Area: No

Tenure: Freehold

CREDITONis a vibrant market town with a bustling high street full of independent shops, eateries, and pubs. In recent years a diverse arts scene has grown to include all manner of mediums, with the performing arts making use of the towns market square where, in the summer months, a range of activities take place. The market square is also home to the towns twice-monthly farmers market. The town has an equally significant past. It was originally the first Bishopric in Devon and the imposing Parish Church of The Holy Cross now stands where once stood Devons first Saxon cathedral (909-1050AD). It is also the birthplace of Saint Boniface, one of the founding fathers of the Christian church in Europe. Easily commutable to Exeter and with two primary schools, a secondary school with sixth form as well as a wide range of necessary amenities, its clear why the town is a firm favourite with locals and relocators alike.

DIRECTIONS : For sat-nav use EX17 3PY and the What3Words address is ///passions.quit.asterisk but if you want the traditional directions, please read on.

From Crediton High Street, head as if going to Exeter and turn off right before the Asda garage, over the railway line and through Fordton. After crossing the river bridge, proceed up the hill and at the 3-way junction go straight on up the hill towards Whitestone. After approx. 1 mile, take the driveway on the right marked Westacott Barton. Go down the drive, passing the barn conversions and all the way to the end, the house will be found at the end of the drive.

Mortgage Calculator

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 )

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

£ 1125200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 33750
  • 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

£ 112700
  • Mortgage Interest
    £

    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)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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

£
  • Final Equity Profit
    £

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

  • Cumulative Rental Profit
    £

    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

£

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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