4 bedroom terraced for sale

£400,000

4

Bedrooms

1

Bathrooms

Floorplan

SUMMARY '''Nestled within the leafy embrace of Mannamead, one of Plymouths most coveted addresses, this captivating period terraced property stands as a testament to enduring charm and meticulous upkeep'''

LOCATION Nestled in the northern suburbs of Plymouth, Mannamead stands as one of the citys most prestigious and desirable residential areas. Renowned for its leafy avenues, elegant Victorian and Edwardian architecture, and a strong sense of community, Mannamead offers a refined and tranquil living environment.

The area boasts an array of grand period properties, many of which have been meticulously maintained, contributing to its distinct and charming character. Interspersed with these impressive homes are well-tended gardens and mature trees, creating a green and pleasant atmosphere.

Mannamead benefits from excellent local amenities. A selection of independent shops, cafes, and restaurants cater to daily needs and provide social hubs for residents. The presence of highly regarded schools, both state and independent, makes it a particularly attractive location for families.

Beyond its immediate offerings, Mannamead enjoys convenient access to the vibrant city centre of Plymouth, with its extensive shopping, cultural attractions, and waterfront. The beautiful natural landscapes of Dartmoor National Park are also within easy reach, providing opportunities for outdoor pursuits.

With its blend of historical charm, quality housing, excellent amenities, and strong community spirit, Mannamead offers a truly exceptional place to live within the city of Plymouth. Its a location that appeals to those seeking a peaceful yet well-connected lifestyle in a distinguished setting.

DESCRIPTION Presenting a rare and highly desirable opportunity, this residence seamlessly marries the elegance of its era with the comforts of contemporary living. From its handsome facade to its thoughtfully appointed interiors, this home has been beautifully maintained both inside and out, promising a lifestyle of both character and modern convenience.

Stepping across the threshold, you are greeted by a welcoming sitting room, a comfortable haven bathed in natural light. This inviting space effortlessly transitions into a spacious dining room through elegant sliding doors, creating a versatile layout perfect for both intimate family moments and more formal entertaining. The hallway, a practical and well-considered space, offers plentiful understairs storage solutions, ensuring a clutter-free environment. Continuing through, youll discover a bright and airy breakfast room, a delightful spot for morning gatherings, which flows seamlessly into a modern fitted kitchen. Designed with both style and functionality in mind, this culinary space is sure to inspire any enthusiast.

Adding a unique dimension to the ground floor is an inviting conservatory, accessed via a few gentle steps down. This tranquil retreat offers a serene connection to the outdoors, providing a peaceful space to unwind and enjoy the changing seasons. Convenience is further enhanced by a cloakroom discreetly located off the conservatory.

Ascending the staircase, the first floor reveals four well-proportioned bedrooms, each offering a comfortable and private sanctuary. The rear bedroom stands out as a true highlight, boasting picturesque views that stretch across the Devon landscape towards the distant shores of Cornwall, a delightful vista to greet you each day. Completing the first floor accommodation are a stylish three-piece bathroom, providing a relaxing space for personal care, and a separate WC for added practicality.

Properties of this calibre, situated in such a prestigious and tightly held location, rarely grace the open market. This is an exceptional chance to acquire a truly special home in the very heart of Mannamead, offering not just a residence, but a lifestyle within a vibrant and sought-after community. Early viewing is highly recommended to avoid disappointment.

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: £ 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

£ 332700

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
    £ 10000
  • 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

£ 32700
  • 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

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

£
  • 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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message