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£375,000
Bedrooms
Bathrooms
A superb opportunity to purchase a well-proportioned bungalow which is ripe for modernisation. Sited on a very large plot on a fine residential street in a charming village.
With a large rear garden, ample parking, scope for extending, a primary school within walking distance, a nearby childrens park and skate area and within easy reach of Loe Beach this is a superb family home.
Being offered with NO CHAIN, this house could be yours in time to enjoy the gardens this summer.
To the front of the property, a front porch leads to an entrance hall which gives access to two double bedrooms, a single room and a family bathroom as well as the reception rooms.
The largest double bedroom is positioned to the rear of the house while a second double and the single bedroom overlook the front garden. The two double rooms have built in wardrobes.
To the other side of the house is a sitting room with a large triple-pane window to the front and French doors opening to a small sunporch to the rear. There is a period feature fireplace and picture rails adding character to the room. The adjoining sun porch is south east facing so an ideal place for a morning tea while overlooking the garden.
Next to the sitting room is a dining room which leads through to the rear facing kitchen.
Overlooking the garden, the galley kitchen has a range of base mounted cabinetry with a laminate worktop over. A stainless steel sink sits below a large window. There are some wall mounted timber cabinets providing additional storage. There is a freestanding cooker and space for a washing machine and fridge/freezer. Additionally there is a convenient pantry. Adjoining the kitchen is a small conservatory with a slate floor and doors out to the garden and driveway.
Outside a gated drive offers ample parking for a number of cars and a single garage at its end. The front garden is laid to lawn with mature planting at its borders offering privacy.
The entire plot is level, ideal for those with mobility concerns.
The rear garden is magnificent. Nearly 50m long, there are beautiful specimen plants along the border including Hydrangeas, Palms, Rhododendrons, Fuchsias etc. as well as mature trees at its end. There is plenty of space for children to play, for vegetable gardens, or garden buildings.
This home has been well looked after and now offers great opportunity for a refurbishment or modernisation for a new family to enjoy.
SURROUNDING AREAS
The property occupies an enviable position being within a highly sought after village, with its own general store/post office, within easy reach of Truro.
Kea Community Primary School is within walking distance of the house as is the village hall which is a thriving hub for the community with various leisure classes available. This property is also on a local bus route for Truro and busses for Falmouth and other areas are available at the end of the road.
Carnon Downs is just down the road with a good garden centre, health centre/surgery, dental practice, local post office, stores and nursery.
The excellent Punch Bowl & Ladle Pub at neighbouring Pennelewey is just a mile away and is a charming and popular thatched pub.
Nearby Feock (2.5 miles) is located at the head of the Carrick Roads. The surrounding countryside is exquisitely beautiful, much being within the ownership of the National Trust.
Proximity to the water and nearby Restronguet Creek contributes to the popularity of this part of county. With a number of creeks to explore and the famous sailing waters close by, there are endless leisure activities to enjoy in the immediate area - many accessed via Loe Beach (pictured) which provides moorings, boat lay ups, sailing school and a caf as well as kayaks and SUPs for hire.
Just over a mile away is the historic King Harry Ferry. Established in 1888 it links Feock, Truro and the surrounding areas to St. Mawes, and the beautiful beaches and walks of the Roseland Peninsula.
Less than 3 miles to the north is the Cathedral City of Truro, containing an excellent shopping centre and main line railway station. There is a bus service to Truro and there are excellent State and Private schools in the city.
To the south lies Falmouth. Based around a thriving harbour, Falmouth is gateway to the beautiful Fal River which runs through an Area Of Natural Beauty. The town is famous for its creative buzz with many art galleries displaying contemporary works and venues showcasing independent films and live bands. The many reasons to visit include, the fascinating maritime heritage; the Areas of Outstanding Natural Beauty along the Helford and Fal Rivers perfect for walking and family days out; water sports; boat trips running from the pier and quay; and plenty of family friendly attractions. Falmouth is surrounded by several fantastic family friendly beaches and is known for its year- round events calendar.
SERVICES & ADDITIONAL INFORMATION
Mains electricity, water, and drainage. Heating is electric with storage heaters. (We understand Mains Gas is available at the street).
Due to the era of the property, a precautionary mundic test was undertaken prior to marketing which it passed with zero mundic.
The property is available freehold and Chain Free. Council Tax Band D
DIRECTIONS
From Truro, take the A39 towards Falmouth. After approximately 2 miles turn left at the first roundabout onto Holywell Road. Turn immediately left onto Old Coach Road and the house will be found on the right-hand side.
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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