5 bedroom semi-detached for sale

£375,000 Offers in excess of

5

Bedrooms

2

Bathrooms

Floorplan

SUMMARY '''STUNNING EDWARDIAN RESIDENCE IN A SOUGHT AFTER AREA'''
This charming period property on Western College Road beautifully combines space and history in the highly sought-after location of Mannamead, Plymouth.

LOCATION Western College Road is a highly desirable area that offers the perfect blend of suburban tranquility and city convenience. The location provides excellent access to public transport, with numerous bus routes on nearby Mutley Plain providing easy connections across Plymouth and beyond.

Mutley Plain is just a short walk away, acting as a vibrant hub of local amenities. Here, youll find a wide selection of shops, cafes, and leisure options, from independent boutiques and popular eateries to grocery stores and other essential services. This bustling high street ensures that everything you need for daily life is within easy reach. The area is also well-regarded for its proximity to a number of reputable schools, making it an excellent choice for families.

DESCRIPTION Enter through a welcoming porch into a grand reception hall, a truly spectacular introduction to this home. The space immediately showcases a wealth of elegant Edwardian features, where timeless character meets modern potential. Impressively high ceilings create an open, airy feel, while intricate carvings adorn the staircase and doorways, speaking to the propertys rich history. Geometric stained glass windows catch the light, casting beautiful colours across the hall, and the stunning staircase, with its detailed spindles, stands as a magnificent centrepiece.

The architectural charm continues into the spacious family lounge-an ideal space to relax and unwind, whether youre hosting guests or enjoying a quiet evening in. Adjacent to the lounge is a generously sized, separate dining room. This versatile space offers a perfect setting for formal dinner parties but also provides the flexibility to be easily converted into a home office, a childrens playroom, or an additional reception room to suit a modern familys needs.

At the rear of the home, the kitchen and breakfast room form the heart of the house, offering a functional space for daily life. They are accompanied by a practical utility area and a convenient ground-floor bathroom with a shower. From here, a doorway leads out to a private and well-maintained courtyard garden. This urban oasis is perfect for quiet moments with a book, enjoying an al fresco meal, or entertaining friends and family in the summer months.

Upstairs, the first floor is home to five generously sized bedrooms, a family bathroom, and a separate WC, providing ample space for a large or growing family. One of the bedrooms presents a unique and valuable feature, as it is currently fit out with a secondary kitchen. This setup is a remnant from the propertys time as a multi-generational home. The existing shell remains, offering a rare opportunity to reinstate a second kitchen, ideal for a self-contained annex, or to easily convert it back into a traditional sixth bedroom.

Subject to the necessary planning permissions (SSTP), the property presents an excellent opportunity to be converted into two self-contained flats, making it ideal for investors seeking a strong rental yield or buyers looking for flexible living arrangements, such as a separate dwelling for a family member.

With generous proportions, magnificent original period details, and significant scope for personalisation or renovation, this chain-free home is an ideal opportunity for buyers looking to make their mark on a truly special character property. Dont miss your chance to turn this beautiful house into your dream home.

The property is currently registered as two separate dwellings with the Valuation Office and utility providers, each assessed under Council Tax Band B. This classification would be subject to revaluation upon purchase as a single residence.

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

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

£ 312075

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
    £ 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

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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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