3 bedroom end of terrace for sale

£425,000

3

Bedrooms

2

Bathrooms

Floorplan

SUMMARY '''WATERSIDE THREE-BED END OF TERRACE TOWN HOUSE'''

This three-bedroom end-terrace townhouse in The Old Wharf, Oreston, offers flexible living across three floors with estuary views, a spacious lounge, kitchen with breakfast bar, ensuite master, utility, garage, driveway and a sunny garden, all in a popular waterside setting.

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LOCATION The Old Wharf is a sought-after residential development in Oreston, a charming waterside suburb of Plymouth. Nestled along the banks of the River Plym, the area is known for its quiet, community feel and picturesque setting. With direct access to the waterfront and a number of local walking routes, it offers a relaxed lifestyle while still being just a short drive from Plymouth city centre.

Oreston itself has a range of everyday amenities, including a convenience store, primary school, and a popular waterside pub, making it a practical and welcoming place to live. Excellent transport links connect residents to the A38 and surrounding areas, while nearby bus services offer easy access into the city. The combination of scenic river views, local facilities, and convenient connections makes The Old Wharf an appealing location for families, professionals, and anyone looking to enjoy life by the water.

DESCRIPTION This impeccably well-presented three-bedroom end-of-terrace townhouse is ideally situated within the highly coveted waterside development of The Old Wharf in Oreston. Offering flexible and expansive living space across three thoughtfully arranged floors, the property seamlessly blends practical, modern features with the significant advantage of attractive estuary views, making it a truly versatile and desirable home appealing to a diverse range of buyers.

The property is entered via a welcoming reception hall, providing immediate access to essential amenities. These include a convenient cloakroom, fitted with a WC and washbasin, and a dedicated utility room which efficiently houses the boiler and provides necessary space for appliances.
A major benefit is the internal access to the integral garage, secured by an electric up-and-over door, which offers not only secure parking but also invaluable additional storage space.
Completing the ground floor is a highly versatile study / reception room located at the rear. This space features captivating views across the estuary and provides direct access to the rear garden via sliding doors. Currently utilised as a dedicated home office, its adaptable nature means it could readily function as a comfortable guest bedroom, a dedicated playroom, or a cosy snug, depending on the homeowners needs.

The first floor is expertly arranged to maximise both natural light and open space.
The contemporary fitted kitchen, positioned to the front of the property, is equipped with an integrated electric oven and gas hob, a dishwasher, and space for a fridge. The design includes a practical breakfast bar, perfect for casual dining.
Spanning the entire width of the rear of the property is the spacious main lounge. This is an exceptional feature, offering far-reaching, panoramic views over the water from its Juliette balcony. This appealing aspect creates a light-filled and pleasant setting ideal for both comfortable everyday living and formal entertaining.

The second floor hosts the main sleeping accommodation, comprising three well-proportioned bedrooms and the modern family bathroom.
The principal bedroom is a highlight, benefiting from the convenience of a private en-suite shower room. The second bedroom, a comfortable double, also enjoys the advantage of further estuary views. A third single bedroom is thoughtfully positioned to the front of the property.

Externally, the rear garden boasts a desirable south-easterly aspect, ensuring it benefits from a sunny position for much of the day. It is landscaped to provide a pleasing mix of lawn and paved seating areas, perfect for outdoor relaxation.
To the front, a private driveway offers parking for one vehicle, complemented by the convenience of readily available on-street parking nearby.

Featuring gas central heating and double glazing throughout, and strategically positioned close to Orestons popular local shops, stunning waterfront, and reputable schools, this townhouse represents a comfortable, highly adaptable, and future-proofed home.

VIEWINGS Interested applicants should call 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 Simply conveyancing. It is your decision whether you choose to deal with Simply. In making that decision, you should know that we receive an annual payments benefits, equating to approximately 200 per referral.

Features
  • Freehold

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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

£ 353325

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
    £ 10625
  • 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

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£

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

£ 34575
  • 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
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  • 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.

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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.

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

  • Cumulative Rental Profit
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    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

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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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