5 bedroom detached bungalow for sale

£675,000

5

Bedrooms

3

Bathrooms

Floorplan

Detached house set on a large plot with a fully self contained ANNEX of approx 71sqm in a popular residential location close to local schools, shops and bus route. Accommodation briefly comprises Lounge/Dining Room, Kitchen, 4 Double Bedrooms, Bathroom, Shower Room, Utility, Large Gardens, Garage, Driveway Parking, Fully Self Contained Annex with Private Garden Perfect for Multi-Generational Living.

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.

Entrance (access also available through the annex)
Upvc composite double glazed door to:-

Lounge/Dining Room - 4.95 m (16` 3') x 5.11 m (16`9') max
Skylight, Upvc double glazed window, wood effect laminate floor, inset ceiling spotlights, door through to the Utility Room, Opening to:-

Kitchen - 4.34 m x 3.69 m (14` 3' x 12` 1')
2 x Upvc double glazed windows, wood effect laminate flooring continues, wood effect worktop surface with range of cupboards and drawers under, 1 1/2 bowl stainless steel sink and drainer with mixer tap , tiled splashback, space for appliance, electric oven and hob with stainless steel extractor over, Stoves American style fridge/freezer, matching wall mounted cupboards.

Inner Hallway
2 x storage cupboards, radiator, doors to:-

Bedroom 2 - 3.16 m x 4.08 m (10` 4' x 13` 5') (l-shaped room)
Upvc double glazed window overlooking the garden, radiator.

Bedroom 2 - 3.16 m x 3.94 m (10` 4' x 12` 11')
Upvc double glazed window overlooking the garden, radiator.

Cloakroom - 0.89 m x 1.65 m (2` 11' x 5` 5')
Low Level W.C, Upvc obscure double glazed window.

Bedroom 3 - 3.72 m x 2.73 m (12` 2' x 8` 11')
Upvc double glazed window overlooking the garden, radiator.

Bathroom - 2.67 m x 1.53 m (8` 9' x 5`)
Upvc obscure double glazed window, panelled bath with shower screen and mains fed shower over, wet wall panelling, pedestal wash hand basin, extractor, radiator.

Utility - 3.20 m (12` 2') x 2.61 m (8`7') max
Upvc double glazed window, upvc double glazed door, oil fired combi boiler, wood effect worktop surface with stainless steel sink and drainer with mixer tap, cupboards under, space and plumbing for washing machine and tumble dryer, radiator, opening to:-

Inner Hallway with doors to:-

Bedroom 4 - 4.38 m x 6.19 m (14` 4' x 20` 4')
Upvc double glazed window, range of fitted wardrobes, radiator.

Shower Room - 2.40 m x 2.25 m (7` 10' x 7` 5')
Upvc obscure glazed window, tiled walls, enclosed shower cubicle with electric shower, low level W.C, pedestal wash hand basin, heated towel rail, extractor, ceiling light.

ANNEX

Porch - 2.50 m x 1.80 m (8`2' x 5` 11')
Composite double glazed door, 2 x Upvc double glazed windows, wood effect laminate floor, radiator, door to:-

Kitchen - 2.70 m x 3.50 m (8` 10' x 11` 6')
Wood effect laminate floor continues, Upvc double glazed window, range of shaker style cupboards and drawers, worktop surface with inset sink and drainer with mixer tap, integrated fridge/freezer, space and plumbing for washing machine, fitted Neff oven, electric hob, matching wall mounted cupboards, island unit with cupboards under, inset ceiling spotlights, radiator. Door back to inner hall, further door to:-

Lounge/Dining Room - 7.01 m x 3.46 m (23` x 11` 4')
Large bright room with 2 x Upvc double glazed windows overlooking the garden, Upvc double glazed door onto the decked garden area, 2 x radiators, door to:-

Bedroom - 3.70 m (12` 2') x 2.61 m (8` 7') max
Large Upvc double glazed window overlooking the garden, fitted bedroom furniture, 2 x radiators, door to:-

Shower Room - 1.49 m 2.56 m (4` 10' x 8` 5')
Upvc obscure double glazed window, corner shower enclosure with electric shower, low level W.C, wash hand basin set in vanity unit with storage under, extractor, inset ceiling spotlights.

Outside
The property is approached via a concrete driveway with parking for several vehicles, the gardens are mainly laid to lawn and the ANNEX has its own area of garden with decking and further access, the main property has a sunny patio area and access onto the walkway at the side of the property which is a shortcut onto St Johns Road very close to the school.

What3words - ///parade.hotels.powers

Council Tax Band - E

Please Note

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.

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

£ 559575

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
    £ 16875
  • 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

£ 53325
  • 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.

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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.

£

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
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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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