4 bedroom detached for sale

£575,000 Guide Price

4

Bedrooms

4

Bathrooms

Detached barn conversion with two reception rooms and four bedrooms. Features include exposed beams and granite. Low maintenance gardens, tennis court, and 1.809-acre paddock. Located in a quiet rural area. Offered for sale with no onward chain.

Situated in a quiet rural location with few neighbours, this fantastic detached barn conversion is offered for sale with no onward chain and boasts many characterful features throughout including exposed beams, slate and granite.

The property boasts spacious living accommodation throughout and briefly comprises of; entrance hallway, two reception rooms, kitchen / diner and W.C. whilst on the first floor there are four bedrooms including two master en-suites together with a family bathroom.

Externally the property offers a private drive, low maintenance lawned gardens, tennis court and a 1.809 acre paddock.

A viewing is highly recommended to appreciate the wonderful original attributes of this property along with its superb rural location.

LOCATION
The popular village of Coads Green has a primary school, village hall, church and playing field. Nearby Twelve Mens Moor provides outstanding open moorland scenery, ideal for walking and riding.

Launceston, approximately 7 miles sits astride the A30 dual carriageway spine road through Cornwall and Devon, nestling under the dramatic ruins of a Norman Castle. The town offers a good range of social, commercial and shopping facilities with 24 hour supermarket, primary and secondary schools, leisure centre at Coronation Park, doctors surgery and veterinary surgeries. The convenience of the A30 provides ease of access to the city of Exeter, 49 miles to the east providing M5 motorway link, Intercity Rail Link and International Airport. The city of Plymouth is 20 miles to the south providing Continental Ferry Port and Intercity Rail Link.

In all directions from Coads Green there is scenery of outstanding natural beauty. To the north is rugged coastline famed for popular family surfing beaches and picturesque former fishing villages, the open expanses of Bodmin Moor are to the west ideal for walking and riding, Dartmoor National Park is to the east and running southwards to Plymouth Sound with all its yachting facilities on the south coast are the hidden secrets of the Tamar Valley steeped in 18th Century mining history and renowned for Salmon fishing.

ACCOMMODATION
Entrance via wooden door into:-

ENTRANCE HALLWAY
Stairs rising to first floor, slate floor, radiator and doors leading to all ground floor rooms.

RECEPTION ROOM ONE
Window to the front elevation with slate sills. Radiator and tiled floor. Space for living or dining room furniture.

From the hallway, granite steps lead up to:-

RECEPTION ROOM TWO
Dual aspect windows with slate sills and granite below facing the rear and side elevations overlooking the garden and tennis court. Full glazed door leading to garden and parking area. Exposed stone flooring, exposed beams and granite. Wood burner with slate hearth and granite mantel over. Wooden Door into:-

UNDER STAIRS STORAGE
Housing boiler and useful for storage.

Wooden staircase from reception room two ascends to:-

MASTER BEDROOM
Window to the side elevation. Exposed wooden beams and flooring, access into storage cupboard with rail. Space for king size bed and bedroom furniture. Door into:-

EN-SUITE
Shower cubicle with electric shower, low level W.C. and pedestal wash hand basin with separate taps and mirror above. Extractor fan, exposed wooden floor and beams.

From the ground floor entrance hallway doors lead to:-

W.C.
Low level W.C. and wash hand basin with separate taps and mirror above. Radiator and slate floor.

KITCHEN / DINING ROOM
Three windows to the front elevation with slate sills and patio door leading to rear garden. Exposed stonework, slate flooring and beams. Range of base and eye level units with work surface over and tiled splash back having inset stainless steel sink with mixer taps, free standing leisure double oven with extractor fan above. Space for dishwasher and fridge / freezer. Door into larder cupboard or could be used as utility cupboard as there is plumbing connected. Space for dining room table.

From the entrance hallway, wooden staircase rise to:-

FIRST FLOOR LANDING
Doors to all rooms. Velux window and radiator.

BEDROOM TWO
Window to the front elevation and Velux window. Exposed wooden floor, exposed beams and access to storage cupboard. Radiator, space for bedroom furniture and double bed. Wooden door into:-

EN-SUITE
Pedestal wash hand basin with separate taps and mirror above, low level W.C. and shower cubicle with electric shower. Extractor fan, exposed wooden beams and flooring. Radiator.

BATHROOM
Velux window. Low level W.C., pedestal wash hand basin with separate taps and tiled splashback, corner shower and shower head and bath with tiled splashback and separate taps. Door into airing cupboard with shelving. Exposed wooden beams and flooring.

BEDROOM THREE
Window to the front elevation and Velux window. Storage cupboard and shelving. Exposed wooden floor and beams. Space for bedroom furniture and double bed.

BEDROOM FOUR
Window to side elevation and Velux window. Exposed painted stonework, wooden beams and flooring. Space for bedroom furniture and single bed.

OUTSIDE
The property is approached via wooden gates which provide access onto a gravelled driveway leading to the rear of the property along with access to the parking area for numerous vehicles. A gravelled pathway leads around the property to the front entrance. The garden is enclosed by well established shrubs and trees and is laid to lawn for ease of maintenance. There is a fully fenced and enclosed all weather tennis court included within the sale.

THE LAND
The 1.809 acre paddock is gently sloping, laid to pasture and enclosed by hedging and fencing.

SERVICES
Mains water and electricity. Private drainage, via septic tank which is located in neighbouring land and shared with Water Wheel Barn. Oil fired central heating and Woodburner.

TENURE
Freehold.

LOCAL AUTHORITY
Cornwall Council.

COUNCIL TAX BAND
E.

EPC RATING
D.

VIEWINGS
Please ring to view this property and check availability before incurring travel time/costs. FULL DETAILS OF ALL OUR PROPERTIES ARE AVAILABLE ON OUR WEBSITE

WHAT.3.WORDS LOCATION
persue.tiling.slam

BOUNDARIES
Any purchaser shall be deemed to have full knowledge of all boundaries and neither vendor nor the vendors agents will be responsible for defining the boundaries or the ownership thereof. Should any dispute arise as to the boundaries or any points on the particulars or plans or the interpretation of them, the question shall be referred to the vendors agent whose decision acting as experts shall be final.

EASEMENTS, WAYLEAVES & RIGHTS OF WAY
The property is offered for sale, subject to and with the benefit of all matters contained in or referred to in the Property and Charges Register of the registered title together with all public or private rights of way, wayleaves, easements and other rights of way, which cross the property.

IMPORTANT NOTICE
Kivells, their clients and any joint agents give notice that:

1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Kivells have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

Verified Material Information

Council tax band: E

Tenure: Freehold

Property type: House

Property construction: Standard form

Electricity supply: Mains electricity

Solar Panels: No

Other electricity sources: No

Water supply: Mains water supply

Sewerage: Septic tank

Heating: Central heating

Heating features: Wood burner and Double glazing

Broadband: No broadband connection

Parking: Driveway

Building safety issues: No

Restrictions - Listed Building: No

Restrictions - Conservation Area: No

Restrictions - Tree Preservation Orders: None

Public right of way: No

Long-term area flood risk: No

Coastal erosion risk: No

Planning permission issues: No

Accessibility and adaptations: None

Coal mining area: No

Non-coal mining area: Yes

Energy Performance rating: D

All information is provided without warranty. Contains HM Land Registry data Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.

The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.

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

£ 477075

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
    £ 14375
  • 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

£ 45825
  • 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

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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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