4 bedroom semi-detached for sale

£550,000 Offers in excess of

4

Bedrooms

3

Bathrooms

Floorplan

SUMMARY '''Imagine stepping into a haven of tranquillity, a place where modern elegance meets family comfort. This beautifully presented, four-bedroom semi-detached family home offers precisely that, nestled on a highly sought-after, tree-lined road'''

LOCATION Nestled in the heart of Plymouth, Stoke offers a unique blend of urban convenience and suburban tranquility. This vibrant district boasts a rich history, a thriving community, and a diverse range of properties to suit every lifestyle.
Stoke is a close-knit community with a strong sense of identity. The district offers a variety of amenities, including shops, restaurants, pubs, and a vibrant arts scene. The famous Stoke Village is a popular destination for locals and visitors alike, with its independent shops, cafes, and galleries.
Stokes central location provides easy access to Plymouths city centre, with its wealth of shops, restaurants, and entertainment venues. The area is also well-connected to the wider region, with excellent transport links to the A38 and Plymouth railway station.

DESCRIPTION Entertaining or simply relaxing becomes a pleasure in the two generously proportioned reception rooms. The larger of the two features a captivating wood burner, creating a focal point of warmth and ambiance, ideal for cosy evenings spent with loved ones. Imagine winter nights curled up with a book or hosting festive gatherings in this inviting space.
The kitchen, the true heart of this family home, is a masterpiece of modern design and functionality. This stylish kitchen/breakfast room is equipped with top-of-the-line integrated appliances, including a sleek dishwasher, ensuring effortless meal preparation and clean-up. The central island serves as a hub for casual dining, social interaction, and culinary exploration, making it the perfect space for both everyday living and entertaining guests.
A dedicated utility room provides invaluable convenience, offering ample space for laundry tasks and additional storage, keeping the main living areas clutter-free and organized and a thoughtfully placed downstairs WC ensures convenience for both family members and visiting guests.
Each of the four double bedrooms offers a tranquil retreat, providing ample space for rest and rejuvenation. The luxurious master bedroom boasts the added indulgence of an en-suite shower room, offering a private sanctuary within the home. The sleek and stylish family bathroom is designed to provide a spa-like experience, featuring a double shower for a refreshing start to each day.
The expansive converted loft space offers exceptional flexibility, providing a blank canvas for your imagination. Whether you envision a dedicated home office, a vibrant playroom, a private guest suite, or a creative studio, this versatile space, complete with its own shower room, can accommodate your every need.

Step outside and discover beautifully presented front and rear gardens. The private, gated rear garden provides a safe and tranquil space for children to play, alfresco dining, and memorable family gatherings. A private driveway provides convenient off-road parking, ensuring hassle-free arrivals and departures.

Situated on a highly desirable, tree-lined road, this home offers a peaceful and family-friendly environment, a true sanctuary from the hustle and bustle of daily life.
This exceptional family home presents a truly unique opportunity to create lasting memories. Dont let this dream slip away. Contact us today to arrange a viewing and experience the undeniable charm and elegance of this stunning property for yourself.

VIEWINGS Interested applicants should call Martin & Co (Plymouth) 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 Simply conveyancing. It is your decision whether you choose to deal with Simply Conveyancing. 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: £2,378.57

Total Interest: £306,284.39

Overall Total: £856,284.39

Amortization For Monthly Payment: £2,378.57 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£17,438.07 £11,104.74 £538,895.26 
2026£17,077.46 £11,465.35 £527,429.90 
2027£16,705.14 £11,837.67 £515,592.23 
2028£16,320.73 £12,222.08 £503,370.15 
2029£15,923.83 £12,618.98 £490,751.17 
2030£15,514.05 £13,028.76 £477,722.41 
2031£15,090.96 £13,451.85 £464,270.55 
2032£14,654.13 £13,888.68 £450,381.87 
2033£14,203.12 £14,339.70 £436,042.18 
2034£13,737.46 £14,805.36 £421,236.82 
2035£13,256.68 £15,286.14 £405,950.68 
2036£12,760.28 £15,782.53 £390,168.15 
2037£12,247.77 £16,295.05 £373,873.10 
2038£11,718.61 £16,824.21 £357,048.90 
2039£11,172.27 £17,370.55 £339,678.35 
2040£10,608.18 £17,934.63 £321,743.72 
2041£10,025.78 £18,517.03 £303,226.69 
2042£9,424.47 £19,118.34 £284,108.35 
2043£8,803.63 £19,739.18 £264,369.17 
2044£8,162.63 £20,380.18 £243,988.98 
2045£7,500.81 £21,042.00 £222,946.98 
2046£6,817.50 £21,725.31 £201,221.67 
2047£6,112.01 £22,430.81 £178,790.87 
2048£5,383.60 £23,159.21 £155,631.65 
2049£4,631.54 £23,911.28 £131,720.38 
2050£3,855.05 £24,687.76 £107,032.62 
2051£3,053.36 £25,489.46 £81,543.16 
2052£2,225.62 £26,317.19 £55,225.97 
2053£1,371.01 £27,171.80 £28,054.17 
2054£488.65 £28,054.17 £0.00 

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

£ 443,950

Mortgage Loan to Value

81%

Gross Yield

12%

Annual ROI

35%

Annual Rental Profit

£ 29,970

Cumulative Rental Profit

£ 299,703

Cost of Purchase

£ 31,450
  • Stamp Duty
    £ 15,000

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

  • Refurbishment Budget
    £ 13,750
  • 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

£ 36,030
  • Mortgage Interest
    £ 19,978

    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)
    £ 8,712
  • Letting Fee
    £ 240
  • Maintenance
    £ 6,600
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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

£ 614,145
  • Final Equity Profit
    £ 314,442

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £ 299,703

    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

£ 895,892

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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