4 bedroom detached for sale

£675,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

Located in the popular 'Plumb Park' development of Exmouth and having been build by messrs Taylor Wimpey in 2019 is this immaculately presented 4 double bedroom detached family home that has been extended by the current vendors and that still retains the remainder of a 10 year NHBC guarantee. This gas centrally heated and timber framed double glazed property, that also has its own solar panels, briefly comprises on the ground floor of a welcoming entrance hall, modern cloakroom, bay fronted living room, open plan kitchen / dining room and a stunning family room that boasts a vaulted ceiling, bi-folding doors and a wood burner that has been added by the occupiers and enhancing the living accommodation. On the first floor are 4 double bedrooms, with the master benefiting from an en suite shower room, and a separate family bathroom. Further benefits include a driveway that provides off road parking, a single integral garage and an enclosed garden to the rear that enjoys a good degree of privacy and that has a good size garden room. This property MUST be viewed internally to be fully appreciated.


Pitched open storm porch with courtesy lighting provides access to a composite front entrance door with an inset obscure glazed window and a matching obscure glazed window to the side, leading to:

Ground Floor

Entrance Hall
A welcoming space that has a staircase rising to the first floor. Tiled flooring that flows throughout the ground floor, except for the living room. Radiator. Small storage cupboard that houses a wall mounted electric trip switch fuse box and an electric meter. Smoke alarm. Doors leading through to the kitchen / dining room, bay fronted living room and:

Cloakroom
Modern fitted white suite comprising of a low level WC. Pedestal wash hand basin with tiled splash backs above. Tiled flooring. Heated towel roll. Extractor fan.

Living Room - 134' (4.06m) x 162' (4.93m) Into Bay
A dual aspect room that has a walk in bay window to front and a further window to the side. Two radiators.

Kitchen / Dining Room - 214' (6.5m) x 127' (3.84m)
A stunning open aspect room, that provides a really sociable space that acts as 'the heart of the home'. Window to rear. Excellent range of floor standing and wall mounted cupboard and drawer storage units with granite works surfaces and matching up stands above. Integrated fridge, freezer, dishwasher and washing machine. Built in five ring gas hob with a double electric oven and grill below and a splash back and extractor hood above. Inset stainless steel one and a half bowl sink with an integrated drainer unit to the side and mixer tap above. Tiled flooring. Inset ceiling lights. Extractor fan. Radiator. Large space for dining table and chairs. Access to a useful walk in under stairs storage cupboard with shelving. Large opening leading to:

Family Room Extension - 1511' (4.85m) x 1010' (3.3m)
The current vendors of the property have extended the property, enhancing the living accommodation. This room enjoys a vaulted ceiling that incorporates 2 velux skylight windows. This room also has triple bi-folding doors that lead out to the rear garden. To the rear of this room is a large bespoke window to the gable end. Tiled flooring. Attractive modern, bespoke made, 'Nordpeis' wood burner.

First Floor

Landing
Window to side. Radiator. Smoke alarm. Access to an insulated loft space. Airing cupboard that has slatted shelving and that houses a large pressurised water tank. Doors leading to all bedrooms and the family bathroom, including:

Bedroom 1 - 162' (4.93m) Into Bay x 133' (4.04m)
A lovely room that has a walk in bay window to front. Radiator. Door leading to:

En-Suite
Obscure glazed window to front. Modern fitted white suite comprising of a large walk in double shower cubicle that has tiled splash backs to ceiling height, a sliding splash screen door and a thermostatically controlled shower that incorporates both a rainfall shower head and a separate shower attachment. Low level WC. Pedestal wash hand basin. Vinyl flooring. Large heated towel rail. Extractor fan.

Bedroom 2 - 115' (3.48m) x 107' (3.23m) Plus Recess
Window to front. Radiator.

Bedroom 3 - 135' (4.09m) x 95' (2.87m)
Window to rear. Radiator.

Bedroom 4 - 110' (3.35m) x 95' (2.87m)
Window to rear. Radiator.

Bathroom
Obscure glazed window to rear. Fitted white suite comprising of a panelled bath that has tiled splash backs to ceiling height, folding splash screen door and a shower attachment above. Low level WC. Pedestal wash hand basin. Large heated towel rail. Vinyl flooring. Extractor fan.

Externally

Front Of Property
To the front of the property is an area of garden that is predominantly laid to lawn with a shrub bed border to the side and an evergreen boundary to the front. Outside gas meter box. A paved pathway provides access to the front entrance door. A driveway provides off road parking for two vehicles and leads to:

Single Garage - 205' (6.22m) x 99' (2.97m)
Up and over door to front. Power and light connected. Wall mounted, gas fired boiler.

Rear Garden
To rear of the property is a landscaped and fantastically maintained rear garden that enjoys a good degree of privacy. Laid immediately adjacent to the rear of the property is a decked patio area that provides the ideal space for outdoor dining and entertaining. A step then leads up to a lawn that has raised sleeper shrub beds to the side and to the rear. Rockery/pebbled area to one side. Further decked area. Outside water tap and power point. Front pedestrian access via a timber garden gate to side. From the decked patio area, there is access to:

Garden Room - 175' (5.31m) x 1011' (3.33m)
A fantastic versatile space that could be utilised as a home gym, playroom, study or as an entertaining space / home bar. Power and light connected. Windows to side and double opening French doors leading out to the garden.

Tenure
The property is FREEHOLD

Services
All mains services are connected. Council Tax Band E

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 Notes
Please note, these are draft particulars and they are awaiting vendors verification



Directions
From our prominent Town Centre office, proceed up Rolle Street and straight ahead at the roundabout into Douglas Avenue. Continue along this road, passing the Devon Court Hotel and after approx 1 mile, turn right into Buckingham Close and into 'Plumb Park'. Take the first right into Plumb Park Avenue and continue into Lipscombe Avenue, where the property will be found on the right hand side, clearly identified by our for sale board.

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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

£ 559575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 16875
  • 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

£ 53325
  • 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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