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£600,000 Guide Price
Bedrooms
Bathrooms
A SUPERBLY PRESENTED DETACHED COUNTRY HOME, POSITIONED ON THE EDGE OF AXMINSTER AND WITH FAR REACHING COUNTRY VIEWS
Minster View is a beautifully appointed detached home, situated on the edge of the market town of Axminster and affording a superb outlook and far reaching country views.
The cottage is thought to have been constructed during the early 19th century and has been subject to an extensive renovation and modernisation programme by the current owners, presented to a very high standard and which is complimented by character features throughout.
The property has a sunny south facing aspect which takes advantage of the warmer temperatures, with well designed landscaped gardens creating pleasant spaces to relax and unwind in. A particular feature of the cottage is the stunning kitchen diner, which really is the centrepiece of the internal accommodation, benefitting from the lovely views in the distance and onto the garden.
The Accommodation Comprises: -
On The Ground Floor - Front entrance door leading to:
Porch - With tiled flooring, fitted cupboards, radiator. Part obscured glazed door to:
Lounge - 164' x 152' (4.98m x 4.62m)
With dual aspect double glazed windows, fireplace with woodburning stove, 2 radiators, inset spotlights, window seat, staircase rising to first floor landing.
Small step up to:
Kitchen Diner - 272' x 241' (8.28m x 7.34m)
With wood laminate flooring and underfloor heating, timber framed double glazed windows and velux windows, timber double glazed doors to garden. Matching gloss effect wall and base units with quartz worktops, inset sink with pillar tap. Induction hob with cooker hood over. Integrated AEG electric oven and grill, integrated fridge freezer, space for dishwasher. Tiling to splashback areas.
Doors off to:
Wet Room - With wood effect tiled flooring, inset spotlights, hand basin, WC, Mira electric shower, vanity mirror, narrow heater towel rail.
Utility - With wood effect tiled flooring, inset spotlights, fitted cupboard, base unit with inset stainless steel sink and drainer, space for washing machine. Floor mounted Grant oil fired boiler.
On The First Floor -
Landing - With double glazed window to rear, radiator, skylight, loft access. Door off to:
Bedroom 2 - 1111' x 97' (3.63m x 2.92m)
With double glazed window to side aspect, built in wardrobe, exposed timber beam. Door to:
Ensuite - With tiled floor, skylight, free standing bath with shower attachment. WC, pedestal hand basin, heated towel rail. Inset spotlights. Vanity mirror.
Step up from landing, with further loft access and airing cupboard, radiator, double glazed window to rear. Doors off to:
Bedroom 1 - 138' x 137' (4.17m x 4.14m)
With dual aspect double glazed windows, radiator, built in wardrobes. Inset spotlights. Door to:
Ensuite - Fully tiled with tiled floor, skylight, inset spotlights. Shower cubicle with rainwater shower head, WC, pedestal, hand basin, vanity mirror, heated towel rail.
Bedroom 3 - 81' x 79' (2.46m x 2.36m)
With double glazed window, radiator, inset spotlights.
Location And Outside Space - Minster View is positioned on the edge of Axminster, occupying a country position and within half a mile from the town centre and its amenities. The property can be found off a small country lane with access to the front entrance via a pedestrian iron gate leading to a patio terrace, with access from here to the remainder of the garden from a paved pathway. There is further access to the garden from the moonstone resin driveway via a set of iron steps, with the formal gardens being arranged as a series of paved patio areas, lawns, vegetable beds, a feature well and mature planted borders, enclosed by a combination of fencing and stone walling. From the driveway, there is access to the double garage with light and power and electric roller door, as well as a further pedestrian door providing side access.
Material Information - Local Authority: East Devon District Council
Council Tax Band: D
Tenure: Freehold
This property is located within a designated conservation area. We understand that a neighbouring property is currently being renovated.
Services - We understand the following to be correct but applicants should verify this with their own enquiries.
Electricity: Mains
Water: Mains
Drainage: Kingspan Klargester septic tank
Heating: Oil fired central heating
Broadband and Mobile Signal/Coverage: See checker.ofcom.org.uk
Viewing - Strictly by appointment with the Vendors Agents, Martin Diplock Estate Agents of 36 Broad Street, Lyme Regis.
Directions - From the centre of Axminster from the Lyme Road, take the turning into Chard Street and immediate left turning into Castle Hill. Proceed to the bottom of the road, crossing the railway line and bridge, and continue for approximately a quarter of mile, with the property being found on the right hand side before the road proceeds uphill.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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