2 bedroom detached bungalow for sale

£439,950

2

Bedrooms

1

Bathrooms

Floorplan

An exceptional link-detached bungalow refurbished to exacting standards with a very high attention to detail. Accommodation briefly comprises Sitting Room with woodburner, Bright Kitchen/Breakfast Room with doors onto the Decking, Two Double Bedrooms, Modern Bathroom, Driveway Parking for Several Vehicles, Rear Garden with a Southerly Aspect. Viewing is a must to fully appreciate what this property has to offer.

Located at the mouth of the River Exe, Exmouth is surrounded by the charming Devon Countryside yet is only twelve miles by road or rail from the Cathedral city of Exeter with its intercity railway station, airport, connection to the M5 motorway and all major shops and facilities. The Town of Exmouth enjoys over three miles of golden sands and a huge estuary and East Devon Coastline, including facilities of Woodbury Park Golf and Country Club. A vast range of other amenities including sailing, boating, water skiing, walking, a modern sports centre, swimming pool and Marina are all available. Exmouth Town also has a range of shops, a variety of Restaurants, Marks and Spencer Foodhall, Several Primary Schools and Exmouth Community College and many other amenities.

The accommodation comprises (all measurements are approximate):

Entrance
Upvc double glazed door with Upvc double glazed side panel to:-

Hallway
Solid pine floor, ornate radiator, hatch to loft, doors to:-

Sitting Room - 13`5' x 11`11' (4.09m x 3.63m)
Solid pine floor, large Upvc double glazed window overlooking the front garden, inset woodburner with exposed brick wall behind and slate hearth, coved ceiling.

Kitchen/Breakfast Room - 16`9' x 9`6' (5.11m x 2.90m)
Solid oak floor, Upvc double glazed window overlooking the rear garden, Upvc double glazed sliding door onto the decking, stone effect worktop surface with drawers and cupboards under, integrated Zanussi microwave with Zanussi oven under, integrated Zanussi dishwasher, integrated fridge/freezer, integrated Zanussi washing machine, kitchen caddy store, stainless steel sink, vertical radiator.

Bedroom 1 - 12`9' x 11`11' (3.88m x 3.62m)
Upvc double glazed window overlooking the rear garden, radiator.

Bedroom 2 - 13`6' x 8`8' (4.11m x 2.64m)
Solid pine floor, Upvc double glazed window overlooking the front garden, fitted wardrobes, radiator.

Bathroom - 9`6' x 6`9' (2.90m x 2.06m)
Upvc obscure double glazed window, modern white suite comprising bath with mains fed shower over and ornate shower rail, low level W.C, square wash hand basin set in vanity unit, shaver point, large airing cupboard housing the gas fired Worcester boiler with shelving and hanging rails, tiled floor.

Garage - 16` x 8`6' (4.88m x 2.60m
Up and over roller door, power and light, Upvc double glazed door to the rear garden.

Cabin - 12`6 x 12`7' (3.84m x 3.87m)
Large wooden cabin with electric and lighting, two windows.

Outside
The property is approached via a herringbone brick driveway which provides parking for several vehicles, there is a gravelled area with planted border and side access to the rear garden, there is also access to the garage. The rear garden has a large raised decked area with steps leading to the cabin with further south facing slate seating area and rear access to the garage, the remaining space is mainly laid to lawn with some areas of stone chippings and planted borders, there is a path around and wooden storage shed.

Council Tax Band D - 2433.97

What 3 Words: /// Ripe- Frog- Books

Mortgage Assistance

We are pleased to recommend Meredith Morgan Taylor, who would be pleased to help irrelevant of which estate agent you finally buy through. For a free initial, no obligation chat please contact us on to arrange an appointment.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Meredith Morgan Taylor Ltd is an appointed representative of Openwork Limited which is authorised and regulated by the Financial Conduct Authority (FCA).


The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A buyer is advised to obtain verification from their Solicitor or Surveyor. References to the tenure of the property are based on information supplied by the seller. The agent has not had sight of the title documents. A buyer is advised to
obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.


Please note that all personal information provided by customers wishing to receive information and/or services from Meadows Estate Agents will be processed by the estate agent, the Meadows Estate Agents for the purpose of providing services associated with the business of an estate agent and for the additional purposes set out in the privacy policy (copies available on request) but specifically excluding mailings or promotions by a third party. If you do not wish your personal information to be used for any of these purposes, please notify Meadows Estate Agents.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

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

£ 365658.75

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
    £ 10998.75
  • 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

£ 35696.25
  • 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

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

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