3 bedroom detached for sale

£825,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

Offered for sale with NO ONWARD CHAIN and situated within one of Exmouth`s most sought after of residential addresses is this 3 bedroom, 2 reception room and 2 bathroom detached house, with a double garage and far reaching Sea and South Devon coastline views from the front. Although the property is now in need of cosmetic updating, it is both gas centrally heated and uPVC double glazed. The 3 storey accommodation comprises, on the ground floor, of cloakroom, bathroom, bedroom 3 and access to the integral double garage. On the first floor is the dining room, bedroom 2 and kitchen with access to a uPVC double glazed conservatory. On the second floor is the living room with access to the Balcony, bedroom 1 and an en - suite bathroom. Both the living room and bedroom 1 gain those Sea and South Devon coastline views. There is a good sized rear garden and driveway parking to the front. This property represents an ideal opportunity for the next owner to put their stamp on this lovely located home.

Accommodation

Ground Floor
Obscure uPVC double glazed front entrance door leading to:

Entrance Porch
Radiator. Obscure glazed door, with matching pane to side, leading to:

Entrance Hall
Staircase rising to first floor. Radiator. Useful storage cupboard. Personal door leading to double garage. Doors leading to bedroom 3, bathroom and:

Cloakroom
Obscure uPVC double glazed window to side. Coloured suite of low level WC. Radiator.

Bedroom 3 - 121' (3.68m) Max x 105' (3.18m)
uPVC double glazed window to front gaining Sea views. Fitted double wardrobe. Radiator.

Bathroom
Obscure uPVC double glazed window to side. Coloured suite of panelled bath with thermostatically controlled shower over and tiling to ceiling height. Vanity wash hand basin. Shaver light and socket. Radiator.

First Floor

Landing
Staircase rising to second floor. Doors leading to kitchen, bedroom 2 and:

Dining Room - 128' (3.86m) x 90' (2.74m)
uPVC double glazed sliding patio doors to side leading to rear garden. Radiator.

Kitchen - 190' (5.79m) x 82' (2.49m)
2 uPVC double glazed windows to rear. Range of cupboard and drawer storage units with roll edged work surfaces and tiled splash back`s. Stainless steel single sink and double drainer unit with mixer tap. Gas and electric cooker points. Space and plumbing for dishwasher and washing machine. Further space for fridge freezer etc. Radiator. Door leading to:

Conservatory - 131' (3.99m) x 74' (2.24m)
uPVC double glazed windows to 3 sides on rendered dwarf brick walls. uPVC double glazed external doors to front and side, both leading to rear garden. Tiled flooring.

Bedroom 2 - 112' (3.4m) x 910' (3m)
uPVC double glazed window to rear. 2 built - in double wardrobes to 1 wall. Radiator.

Second Floor

Landing
Access to insulated and part boarded loft space via trap door with ladder. Radiator. Airing cupboard housing the hot water tank with slatted shelving. Wall mounted central heating thermostat. Doors leading to bedroom 1 and:

Living Room - 157' (4.75m) x 152' (4.62m)
Dual aspect having uPVC double glazed window to side uPVC double glazed sliding patio doors, leading to balcony and gaining far reaching Sea and South Devon coastline views, including Berry Head. Focal point of log effect gas fire, within a fireplace surround, having a marble back and hearth. 2 radiators. Half wall overlooking dining room.

Balcony
Having wrought iron Balustrades, this is an ideal place for taking in those Sea & Coastline views.

Bedroom 1 - 118' (3.56m) To Wardrobe x 103' (3.12m)
uPVC double glazed window to front gaining those far reaching Sea and South Devon coastline views, including Berry Head. Range of fitted wardrobes to one wall. Radiator. Door leading to:

En - Suite
Obscure uPVC double glazed window to side. Coloured suite of panelled bath, shower cubicle with electric shower unit, low level WC and pedestal wash hand basin. Fully tiled walls. Radiator. Shaver light and socket.

Externally
The open plan Front Garden is laid mainly to lawn with shrub bed border and low hedge boundary to one side. A driveway provides off road parking and leads to:

Double Garage - 180' (5.49m) x 166' (5.03m)
Remote up and over door to front. Wall mounted electric fuse box. Wall mounted gas fire boiler that supplies the central heating and domestic hot water. Cold water tap. Power and light connected.

Rear Garden
The property has a good sized and enclosed Rear Garden which enjoys a good degree of privacy. It is laid mainly to lawn with shrub and herbaceous beds and borders that provide year round interest and colour. There is a brick patio area adjacent the conservatory with a further brick paved patio area to the rear of the garden, which enjoys those Sea views. Timber panel fenced and brick wall boundaries. Timber garden shed. Outside water tap. Outside lighting. Front pedestrian access to either side of property. Outside meter boxes.

Tenure
The property is FREEHOLD

Services
All mains services are connected. The property is on a water meter. Council Tax Band G

Mortgage Assistance
We are pleased to recommend Meredith Morgan Taylor, who would be pleased to help no matter which estate agent you finally buy through. For a free initial chat please contact us on to arrange an appointment

Your home may be repossessed if you do not keep up repayments on your mortgage

Meredith Morgan Taylor Ltd is an appointed representative of The Openwork Partnership, a trading style of Openwork Ltd which is authorised and regulated by the Financial Conduct Authority (FCA).

Agents Note
These are draft particulars and are awaiting vendors verification



Directions
From our prominent Town Centre office, proceed out of town along Rolle Street, into Rolle Road, then turn right at the roundabout towards Exmouth Seafront. Turn left at the roundabout and along Exmouth seafront. Turn right at the next roundabout into Foxholes Hill. Follow the road up, passing the viewing point, then follow the road around to the right and into the first small Cul-De-Sac. The property will be found clearly identified by our For Sale sign.

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Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

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

£ 683325

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
    £ 20625
  • 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

£ 64575
  • 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

£
  • 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.

Notes

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