5 bedroom detached for sale

£650,000 Guide Price

5

Bedrooms

3

Bathrooms

Floorplan

A prominent Georgian property in the heart of Tavistock, Ferrum House is a beautiful Grade II listed detached home offering characterful accommodation throughout. Uniquely positioned on a corner plot, this double fronted property is just a few minutes level walk from Tavistocks town centre with its independent cafes and shops, whilst having the unusual benefit of off road parking for four cars and a garage, as well as a good size garden. Downstairs to the front are two spacious reception rooms, one acting as a sitting room with a log burner and double aspect windows, the other a formal dining room with original fireplace. The kitchen/breakfast room is the real heart of the home and has a plethora of character features including slate flooring, exposed beams, original mantle and an electric Aga. A solid wood shaker style kitchen with wooden worktops compliments the decor, with plenty of space for a large dining table. Off the kitchen is a useful pantry room and a large utility room with impressive arched windows, both with access on to the rear courtyard. A large bedroom suite with exposed A-frames, vaulted ceilings and separate entrance completes the accommodation downstairs. The en suite has a walk in double shower cubicle with heritage style suite and panelling, there is also a separate cloakroom accessed from the hallway, finished in a similar style.

Upstairs are four further bedrooms, two of which have en-suites. The master bedroom is a fantastic size with double aspect windows and original cupboards. All the windows in the house are the original sash windows, with many having interesting views over the gardens or town.

Externally the are gardens to three sides of the house, to the front is a large level lawn enclosed by wrought iron railings. An archway in the hedge leads through to the main garden which is also laid to lawn with privacy supplied by the hedging. There is access from here to the garage as well as round the side of the house. To the rear of the house is a pretty enclosed courtyard with gravel for ease of maintenance and a storage shed. The property has two parking areas, which can both accommodate two cars, one leading to a single detached garage.

Wooden entrance door leads to:

VESTIBULE
Dado rail, multi paned door to:

ENTRANCE HALL
L shaped hall with dado rail, staircase to the first floor, radiator, understairs cloak cupboard.

SITTING ROOM
5.417m x 4.563m (179' x 1411')
Double aspect room with sash windows to the front and side, feature fireplace with surround, hearth and inset wood burner, two radiators, coved ceiling, door to rear porch.

DINING ROOM
4.602m x 3.548m (151' x 118')
Sash window to the front, coved ceiling, cast iron fireplace with surround, tiled hearth, radiator.

CLOAKROOM
White suite comprising low flush w.c, pedestal wash hand basin, part panelled walls, window to side, radiator.

KITCHEN/BREAKFAST ROOM
5.538m x 4.245m (182' x 1311')
Fitted with a range of wooden shaker style base units and drawers under wooden work surfaces, matching freestanding cupboard and drawers, integrated dishwasher, built in Bosch electric oven with separate Neff four ring hob over, gas fired two oven aga, exposed beamed ceiling, double glazed window to side, inset one and a half bowl sink unit in white with mixer tap, radiator, door to shower room, door to bedroom five, door to:

REAR PORCH
2.956m x 1.298m (98' x 43')
Window to side and rear, door to garden, radiator, tiled floor, door to sitting room.

UTILITY ROOM
4.441m x 1.972m (147' x 65')
Work surface along one wall with inset one and a half bowl stainless steel sink unit with mixer tap, plumbing for washing machine, wall mounted gas central heating boiler and hot water cylinder, two arched windows to the rear, radiator, tiled floor, stable door to the rear garden.

BEDROOM FIVE
4.845m x 3.320m (1510' x 1010')
Part vaulted ceiling with exposed beams, velux window with blind, door to side, door to kitchen, radiator, door to:

SHOWER ROOM
White suite comprising walk in shower with mains drencher shower and glazed screen, pedestal wash hand basin, low flush w.c, radiator, arched window to side, ladder style radiator, part wood panelled walls, extractor fan, part vaulted ceiling with exposed beams, door to kitchen.

FIRST FLOOR
Stairs separate on landing with:

REAR LANDING
Window to side.

BEDROOM FOUR
3.084m x 2.317m (101' x 77')
Window to side, radiator.

BEDROOM THREE
4.244m x 3.184m (1311' x 105')
Window to side, built in recess cupboards and shelving, radiator.

MAIN LANDING
Radiator, walk in airing cupboard with shelving, light and radiator.

BEDROOM TWO
5.441m x 3.682m (1710' x 121')
Window to front, radiator, coved ceiling, door to:

SHOWER ROOM
Jack and Jill room with white suite comprising corner shower cubicle with mains shower and glazed screen and door, pedestal wash hand basin, low flush w.c, tiling to one wall, ladder style radiator, window to side, extractor fan, door to landing.

MASTER BEDROOM
5.128m x 4.050m (1610' x 133')
Dual aspect room with window to front and side, coved ceiling, built in wardrobes, radiator, door to:

EN SUITE BATHROOM
White suite comprising panelled bath with mains shower over, glazed screen, pedestal wash hand basin, low flush w.c, ladder style radiator, window to front, extractor fan.

EXTERNAL
To the rear of the property there is a walled courtyard laid to gravel for ease of maintenance, raised bed, pedestrian door to side, outside tap.

STORAGE SHED
2.261m x 1.418m (75' x 48')
Stone storage shed

SMALL STORAGE SHED
1.556m x 1.262m (51' x 42')

Wrought iron gate with steps lead to rear parking area with parking for two cars, further terrace area with borders.There are two additional parking spaces leading to the detached garage

To the front are lawns enclosed by railing with gate to side and gravel path to property. Hedge with archway gives access to further lawned garden to side. There is a pathway around the property, tap and further small outbuilding, gate to driveway

GARAGE
Detached garage with up and over door window to side, pedestrian door to garden.

SERVICES
Mains electric/gas/water/drainage.

OUTGOINGS
We understand the property is in band F for council tax purposes by internet enquiry with West Devon Borough Council.

VIEWING
By appointment with Kirby Estate Agents on .

MOBILE AND BROADBAND COVERAGE
To check broadband and mobile phone coverage please visit Ofcom here:

ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker

FLOOR PLAN DISCLAIMER
These plans are set out as a guideline only and should not be relied upon as a representation of fact. They are intended for information purposes only and are not to scale.

TENURE
Freehold.

PLEASE NOTE

Before any sale is formally agreed, we have a legal obligation under the Money Laundering regulations and Terrorist Financing Act 2017 to obtain proof of your identity and of your address, take copies and retain on file for five years and will only be used for this purpose.

We carry out this through a secure platform to protect your data. Each purchaser will be required to pay 15 upon an offer verbally being agreed to carry out these checks prior to the property being advertised as sale agreed.

We may refer buyers and sellers through our panel of Conveyancers. It is your decision whether you choose to use their services. Should you decide to use their services you should know that we would receive a referral fee of 150 from them for recommending you. As we provide them with a regular supply of work you benefit from a competitive price.

We also refer buyers and sellers to our Financial Advisers. It is your decision whether you choose to use their services. Should you decide to use any of their services you should be aware that we would receive a average referral fee of 200 from them for recommending you.

You are not under any obligation to use the services of any of the recommended providers, though should you accept our recommendation the provider is expected to pay us the corresponding referral fee.

Prior to a sale being agreed and solicitors instructed, prospective purchasers will be required to produce identification documents to comply with Money Laundering regulations.

what3words: hips.anyone.finds

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

£ 538950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 16250
  • 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

£ 51450
  • 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

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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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