4 bedroom detached for sale

£550,000 Offers in excess of

4

Bedrooms

1

Bathrooms

Floorplan

SUMMARY '''A WEALTH OF CHARACTER AND CHARM AWAITS'''
A detached period home, a rare find that stands as a testament to the areas rich history. Situated in a highly sought-after location with exceptional proximity to the waterfront and marina, this property offers an unparalleled lifestyle for those who appreciate the charm and convenience of coastal living.

LOCATION Torpoints community is friendly and well-established, offering a wide range of local amenities, including independent shops, supermarkets, pubs, and a community sports centre. There are several schools, a library, and various community clubs, all contributing to its close-knit atmosphere.
The town itself provides a more relaxed pace of life compared to the bustling city of Plymouth, yet it benefits from excellent transport links that make commuting straightforward. Its an ideal base for those who work in Plymouth but wish to live in the beautiful Cornish countryside.
In essence, Torpoint provides the perfect blend of coastal living and community spirit, with the convenience of a major city just a short ferry ride away. Its a place where you can enjoy the Cornish lifestyle without sacrificing accessibility.

DESCRIPTION Imagine a home where you can enjoy peaceful surroundings while being just a short stroll from the vibrant maritime atmosphere and all the amenities that this popular area has to offer.

This stunning residence, originally built as a working dairy, has been meticulously maintained to a high standard. The elegant decor throughout is perfectly in keeping with the propertys rich heritage, preserving its authentic period features and creating a truly spacious and homely atmosphere. Stepping inside, you are greeted by a sense of character and warmth that is instantly inviting. The high ceilings and generous proportions create a bright and airy feel, hinting at the homes unique past.

The accommodation is generously arranged over two floors, providing a versatile layout for modern family life. There are three spacious reception rooms, each offering a wealth of space for both formal entertaining and relaxed family gatherings. Whether you envision a sophisticated drawing-room, a cozy family snug, or a formal dining area, the possibilities are endless. The heart of the home is a generously sized kitchen/diner, a perfect hub for daily life, complemented by a practical utility room, a convenient downstairs WC, and an invaluable pantry for all your storage needs.

The first floor comprises four well-proportioned bedrooms, each providing a peaceful retreat and a blank canvas for personalization. The flexible layout ensures this home can adapt to your familys needs, whether you require a dedicated home office, a comfortable guest suite, or a fun-filled playroom.

Externally, the property continues to impress with its substantial and beautifully maintained gardens. These grounds provide a perfect sanctuary for relaxation or family activities, offering a private oasis away from the bustle of daily life. The mature plantings and manicured lawns create a tranquil setting for outdoor dining, gardening, or childrens play. A charming summer house provides an ideal retreat, perfect for a home office, an artists studio, or simply a quiet space to unwind with a book.

The practicality of this home is further enhanced by a large driveway, which offers ample parking for four cars, a significant and highly valued advantage in this popular area.

With a strong EPC rating of D, this property is not only beautiful but also energy-efficient. This exceptional home is a perfect blend of period elegance and modern convenience, offering a unique opportunity to acquire a piece of local history in a truly desirable location. Early viewing is highly recommended to appreciate all that this magnificent property has to offer.

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 travelling 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

Map location is not available for this property.

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

£ 456450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 13750
  • 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

£ 43950
  • 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.

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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

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  • 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

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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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