Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£995,000 Guide Price
Bedrooms
Bathrooms
THE PROPERTY
This large family home offers generous living spaces with a modern, stylish design. There is an adjoining one bedroom annexe, sea glimpses, plenty of parking, a beautiful kitchen and a level, easy to maintain garden.
Refurbished from top to bottom and re-configured, this house is offered CHAIN FREE and is available to view immediately.
Entering the home, a large entrance hall features a modern design balustrade on the staircase - a precursor for the style in the home. To one side of the house is a very large sitting room with a featured wood burning stove with a slate hearth. The room has ample natural light with dual aspect windows.
Adjoining the sitting room, to the rear of the house is the new kitchen / dining room with a pair of bi-fold doors leading out to the garden. A range of shaker style cabinets offer plenty of storage and there is an attractive and practical quartz worktop and large preparation island. There is an integral Neff gas hob, Neff oven and Bosch dishwasher and a built in Bosch full size fridge. The adjoining utility room has matching cabinets and worktop with a sink and space for a washing machine and tumble dryer, This room has a glazed door leading out to the rear and side courtyard.
A refurbished bathroom with dark green tiling, bath and a separate shower is conveniently located on this side of the house next to a flexible room that could either be used as a guest bedroom, a gym or an office.
To the opposite side of the house, on the ground floor, there are 4 double bedrooms, two with refurbished en-suite shower rooms in addition to the downstairs cloak room.
Upstairs, there is a large master bedroom with a showered en-suite and a suite of rooms which could either be a master suite, or potentially an ideal space for a dependent relative to have a semi- independent space. There is a living room with nice sea views and a small kitchenette, a bedroom, office, dressing room or small additional bedroom and a shower room.
Back on the ground floor, with independent access from the rear of the house is a one bedroom annexe with its own living room, kitchen and shower room. This would be ideal for use as an AirBnB rental unit or again, for a dependent relative.
The property benefits from plenty of off street parking with a drive to the side of the house with an electric car charger, as well as a separate parking area to the other side of the plot. The level garden is laid to lawn and there is a large patio to the rear of the house.
In summary, the refurbishments for the property include:
New windows and doors including Bi-Fold in the kitchen
New slate roof
New boiler and hot water tank, with new plumbing and radiators
Replaced and refurbished bathrooms
Newly installed kitchen
new engineered oak flooring and carpets
New Utility Room
New external cladding
New Patio, landscaping and fencing
Newly created driveway and overflow parking
Improved insulation
This is a large, superbly presented home which should be viewed to fully appreciate the space and flexibility of the property.
SURROUNDING AREA
Mawgan Porth, with its beautiful beach and dramatic coastline is easily one of the most popular and desirable villages on the north coast of Cornwall and is approx. 1 mile away.
Mawgan Porth is a sought after coastal resort famous for its beautiful surfing beach and lovely cliff and country walks. There is a local shop for everyday needs and the luxury, award winning Scarlet Hotel is situated nearby.
The property is ideally located for fine dining and entertainment at neighbouring Watergate Bay which has a wide range of events that are held at the bay throughout the year such as surf competitions and water sports meaning the atmosphere in the small beach community is one of great energy and excitement.
Heading in the opposite direction is Padstow, famous for its traditional Cornish fishing village, Rick Steins seafood restaurant and many boutique shops, pubs restaurants and cafes.
For more extensive shopping facilities, Newquay is within a 5 mile drive. For more comprehensive shopping Truro is approximately 18 miles away. Truro is the main administration centre for Cornwall with a fine selection of schools, shops and leisure facilities and with a main line Railway providing access to London Paddington. Newquay Airport is very conveniently located approx. 1.5 miles from the property for those who wish to fly down to the property from London.
SERVICES AND ADDITIONAL INFORMATION
The property has mains gas, electric and water. Council Tax Band is A
Map location is not available for this property.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
