4 bedroom detached for sale

£995,000 From

4

Bedrooms

3

Bathrooms

Floorplan

For many buyers, the thought of living in Devon comes with the dream of shopping local, being sustainable, finding a connection with nature and wildlife, well this dream can come true within this wonderful development with a focus on all of the above. With farm shops, local pubs and miles of countryside walks on your doorstep, its easy to see what makes this area tick. Not to mention it being equidistant to the North and South Devon coasts, the low levels of light pollution and of course the abundance of Wildlife! With nearby rail links on the Tarka Line too, this is countryside living without being isolated.

With a clear vision to regenerate wildlife habitat whilst delivering high quality and energy efficient rural dwellings, this is Sutton Orchard. Set in over ten acres of glorious Mid Devon countryside, just five exclusive, environmentally sensitive homes have been crafted using the latest in sustainable materials and design to create a wonderful rural retreat.

Each home is approx. 2755 sqft (inc garage) with a high-quality finish throughout. The four bedrooms and three bathrooms will provide comfort and style with living spaces to match. Thought has been given to the design, with the inclusion of a larder, utility, boot room and study bringing essential extra spaces into these modern homes. Each property has a large private garden, an optional paddock and all five properties will have the enjoyment of shared regenerated land, native woodland and a wildlife pond. This is a truly exceptional development in many ways.

The eco-credentials are certainly commendable with the technology working in harmony to produce a healthy, balanced home with an A rated EPC. The south facing roofs have discreet solar PVs, working in tandem with the air-source heat pumps to enable lower running costs and a consistent warmth. The Scandinavian designed triple glazing coupled with high levels of insulation helps to retain the heat too. Theres also a battery to level out demand and utilise the electricity being produced, plus an EV charger is also included. Rain water from the homes passes through a species rich, biodiverse pond before making its way into the natural stream.

Throughout, the attention to detail is excellent. With sustainable materials including the larch cladding, wool carpets and wood flooring really adding to the feel of luxury. The layout is very generous, particularly on the ground floor and we love the light flooding in from the south into the main living areas, not to mention the double height entrance with floor-to-ceiling windows on both ground and first floors, framing the view beyond. The living spaces are flexible with a choice of chill out or working areas, plus the stylish open plan kitchen with its premium appliances, large island and quartz tops is the hub of the home. The large main living room with its high vaulted ceiling and doors onto the rear patio is the perfect place to unwind or entertain. The bedrooms are all doubles, with an ensuite shower room to bedroom two as well as the master bedroom with its wide glass Juliette balcony, walk in dressing room and luxury ensuite with a shower and bath, its a sanctuary to enjoy.

What makes Sutton Orchard different is the surroundings. Set in over ten acres of glorious countryside, the houses each have a generous plot with south facing rear gardens and lawns to the front. Each has ample parking and a good sized single garage with electric door, but its the extra spaces that make it special. On top of the individual plots, each home has an option to purchase additional land, a very rare opportunity for a new build home. An area of approx. seven acres is available to split into paddocks and this option will be offered to the first owners. The remaining land will form part of the management company (owned by the residents on the final sale), along with the access lane and treatment plant. This land offers space to walk, play and enjoy. It includes areas of grassland, some native woodland and a wildlife pond. The whole plot is a wonderful, unspoiled home to nature and with everything from Dragonflies to Deer, as well as a host of wildflowers, this is one way to enjoy living the rural dream without compromising on quality or style.

Tucked away in peaceful countryside but just 10 minutes from the nearest town, this development offers the best of both worlds quiet, privacy and the natural beauty of a rural setting, with easy access to shops, services, and amenities when needed. Surrounded by open landscapes and local wildlife, its a place to enjoy a slower pace of life without feeling cut off. With fibre broadband internet included, youll stay comfortably connected while enjoying the calm of a truly tranquil location.

Come and stand on the plot, take a deep breath and look out over the tranquil countryside its simply magnificent.

NEWBUILDINGS is a peaceful hamlet characterised by its thatched cottages and winding lanes. The hamlet is enveloped by rolling farmland and gentle, sloping valleys and sits within Sandford parish, the village of Sandford being 3 miles away with its community-run shop and well-regarded primary school. For a wider range of amenities, Crediton is also 3-miles distant and offers a wide range of independent shops as well as three supermarket chains. Here can also be found a leisure centre, library, railway station, as well as doctors and dentists. Just another 5 miles on from Crediton, the City of Exeter provides fast train links (2 hours) to London, an international airport as well as an excellent university and a bustling city centre.

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: Timber frame

Utilities: Mains electric, water, telephone & broadband

Drainage: Private Drainage (treatment plant shared)

Heating: Air source heat (underfloor ground floor and radiators first floor.

Listed: No

Conservation Area: No

Tenure: Freehold with a fifth share of the management company for communal areas. This is anticipated to be approx. 1182 per property, per year.

DIRECTIONS

For sat-nav use EX17 4PS and the What3Words address is ///picked.takeovers.loaf but if you want the traditional directions, please read on.

Leave Crediton up Jockey Hill as if heading for Sandford. As you pass the entrance to Creedy Park on your right, take the next left as signed to Newbuildings and Morchard Bishop. Proceed for approx. 2 miles and go through Newbuildings. Once you leave the village, take the first right onto Southdown Hill and the entrance to Sutton Orchard will be found after approx. 500m on the left.


EPC Rating: A

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

£
£
£
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Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 814575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 24875
  • 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

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£

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

£ 68325
  • Mortgage Interest
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    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)
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  • Letting Fee
    £
  • Maintenance
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  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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