4 bedroom terraced for sale

£375,000

4

Bedrooms

2

Bathrooms

Floorplan

SUMMARY Situated on a picturesque tree-lined road in Lipson, Plymouth, this rare and beautifully presented four bedroom double-fronted period home offers an abundance of space, character, and versatility. One of the few properties of its kind, this family home seamlessly combines period charm with modern convenience.

The light-filled interior showcases a wealth of original features, including fireplaces, coved ceilings, and ornate decorative ceiling roses. These are complemented by new double-glazed sash windows with stylish plantation shutters, providing a perfect blend of classic elegance and energy efficiency.



LOCATION Lipsons central location offers easy access to all that Plymouth has to offer. The city centre, with its bustling shops, restaurants, and cultural attractions, is just a short distance away. For nature lovers, the stunning Plymouth Sound and Hoe Park are also within easy reach, providing opportunities for outdoor activities and scenic walks. Lipson is home to a friendly and welcoming community. Residents enjoy a strong sense of belonging and participate in various local events and activities. The neighbourhood boasts a vibrant atmosphere, with a mix of independent shops, cafes, and pubs.

DESCRIPTION Nestled amidst a serene, tree-lined street in the charming Lipson neighbourhood of Plymouth, this exquisite four-bedroom period home offers an unparalleled blend of historic charm and modern comfort. A rare find, this double-fronted residence boasts an abundance of space, character, and versatility, making it an ideal choice for families seeking a truly exceptional home.

Step inside to discover a light-filled interior adorned with original features, such as elegant fireplaces, coved ceilings, and ornate decorative ceiling roses. These timeless elements are complemented by new double-glazed sash windows with stylish plantation shutters, ensuring a perfect balance of classic aesthetics and energy efficiency. The extended breakfast room seamlessly flows into a bespoke fitted wooden kitchen, complete with integrated appliances, providing a spacious and inviting hub for family living and entertaining.

The master bedroom, a true sanctuary, features a modern en-suite shower room for added convenience. Downstairs, youll find a practical cloakroom and a spacious utility/laundry room, ensuring effortless daily living. Every room in this home is bathed in natural light, creating a warm and welcoming atmosphere that is perfect for families of all sizes.

Externally, the property offers a private, walled garden with a paved seating area, a lawn, and established trees, providing a tranquil escape from the hustle and bustle of everyday life. This unique home is offered to the market chain-free, presenting an unmissable opportunity for those seeking a property that combines timeless elegance with modern practicality in a highly sought-after location.

VIEWINGS Interested applicants should contact Martin & Co today on in order to arrange their viewing appointment.

NOTICE TO APPLICANTS We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. We routinely refer potential purchasers to Move With Us conveyancing. It is your decision whether you choose to deal with Move with Us. In making that decision, you should know that we receive an annual payments benefits, equating to approximately 200 per referral.

Features
  • Freehold

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

£ 312075

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 9375
  • 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

£ 30825
  • 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

Adjust these figures

  %

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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