4 bedroom terraced for sale

£625,000 Guide Price

4

Bedrooms

4

Bathrooms

Floorplan

An attractive and beautifully presented 3 storey, 4 bedroom modern family residence constructed by Rosemullion Homes enjoying an elevated position with far reaching views over Truro City.

PROPERTY
Belvedere, on the eastern edge of the Cathedral City of Truro, is a very sought after prestigious development of luxurious homes. Winner of Housing Design Awards 2008, the group of 25 homes have been designed in a series of curved terraces and courtyards to create a scheme with a distinctive sense of place. This highly visible landmark scheme on the edge of Truro uses local materials. Inspired by Georgian and Victorian architecture, these modern homes capture the charm of the beautiful historic streets of Truro. Attention to detail has created a high quality development that meets the exacting standards and expectations of The Duchy of Cornwall.

Designed over three storeys, this impressive and spacious four bedroom residence has the versatile accommodation to be the perfect home for a variety of buyers.

Greeted by classic symmetrical period features including large sash windows and a granite pillared portico, you instantly sense the quality of this exclusive home before opening the door.

Designed by award winning Batterton Tyack Associates, this property benefits from its commanding elevated central position in the development enjoying extensive views of the city and cathedral in the distance. This is the only property in the Belvedere development that benefits from both rear and front garden. The large courtyard to the front is privately owned by this property and is complete with outdoor lighting. The luxury of the additional spacious area, of westerly orientation, is an afternoon sun trap and a beautiful place to sit out.

The generously sized central entrance hall, a notable feature of the luxury home builder, provides access to all principal rooms on the ground floor. A study to the right could also be a formal dining room. A cloakroom, handy utility and storage cupboard are also all serviced from the ground floor hall.
A generous dual aspect living room to the rear of the property has Georgian Bar style French doors that provide direct access to the rear patio. This is a well-proportioned room complete with central feature fireplace and surround with a gas fire.

There are subtle reminders of the gentle crescent shaped property with charming off-square rooms, as the good sized dining space to the front opens out into the wider kitchen to the rear. The open plan kitchen dining room benefits from morning and afternoon sun flooding through to create a warm and sociable area, ideal for entertaining or family life.

The stylish kitchen has a range of matching base and wall mounted cabinetry with polished granite countertops which contain Neff appliances including a fridge, freezer, dishwasher and double ovens. This is a high quality kitchen befitting the property.

Stairs lead up to the first three bedrooms. The bright dual aspect master bedroom benefits from an en-suite shower room, built in wardrobes and a dressing area with good distant views over the city. The family bathroom serves a second dual aspect double bedroom to the rear and the third double bedroom with built in storage and views of Truro to the front.

The second floor offers fantastic versatile accommodation with a large landing leading to a large storage room, currently used as a craft room but would make a great childrens games room or occasional fifth bedroom. Additionally there is a 19x17 bedroom with dressing area (to maximum) and spacious en-suite bathroom with even more storage. The whole floor could be offered as a wonderful guest suite, or for a family, this is perfect independent teenagers space.

OUTSIDE
To the rear of the house there is an enclosed paved patio area with steps leading up to the raised lawned garden bounded by a mature Cornish hedge. Beyond the hedge is farmland, allowing for a rural, private and peaceful outlook. A covered archway to the side provides an exit from the garden and utility room and gated access to the front.

A star feature of this property is the large paved courtyard garden to the front which commands an elevated position on the development, offering views over roof tops to the historic city of Truro beyond. A ramp, in addition to steps, provides disabled access to the elevated entrance and terrace from street level. Immaculately presented, the west facing courtyard creates a tranquil oasis within city living to capture the afternoon sun. Beneath the front courtyard is a good sized garage with power and lighting.


SURROUNDING AREAS
The property occupies a most convenient position within 1.5 miles of the city centre. Truro contains an excellent range of both national retailers and smaller specialist shops together with a theatre, cinema and numerous restaurants.
Waitrose being just a 3 minute walk away acts as a fantastic corner shop.

There is a choice of private and public sector schooling nearby, including Penair School within walking distance.

Neighbouring the nearby Waitrose is Tregurra park and ride, which provides quick and easy access to the centre of Truro, the train station, Truro College and Treliske Hospital. The main line railway station connects with Plymouth, Bristol, London and beyond. The Truro River leads into the Carrick Roads and waters of the Fal estuary which provide excellent sailing and other water sports.

SERVICES & COUNCIL TAX
The property is connected to mains water and drainage and has gas central heating. The council tax band is G

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

£ 518325

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
    £ 15625
  • 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

£ 49575
  • 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.

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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.

£

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

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