2 bedroom end of terrace for sale

£275,000

2

Bedrooms

1

Bathrooms

Floorplan


Budleigh Salterton is set in a beautiful part of East Devon being at the start of the World Heritage Jurassic Coast. Only fourteen miles 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 Budleigh enjoys the countryside surrounding, the beautiful two-mile pebbled beach and the local independent shops all being within walking distance of each other. Being the area of outstanding natural beauty, there are a vast range of things to do here, enjoying the beach with clear waters for swimming and water sports, bird watching by the Otter Estuary and even taking a Jurassic Coast Cruise to see the coastline. Budleigh Salterton is situated only five miles from Exmouth where there are also a range of shops and many other amenities. There are connections by bus to commute from Budleigh to Exmouth or Exeter and surrounding areas.



The accommodation comprises (all measurements are approximate):

Hallway
Upvc double glazed door, stairs rise to the first floor, radiator, doors to:-

Kitchen - 11`2' x 6`9' (3.40m x 2.06m)
Wooden door with glazed panel, Upvc double glazed windows to the front, vinyl floor, wood effect worktop surface with inset stainless steel sink and drainer with mixer tap, inset four ring gas hob with stainless steel extractor over and electric oven under, matching eye level cupboards, wall mounted gas fired boiler, space for fridge/freezer, space and plumbing for washing machine, inset ceiling spotlights, radiator.

W.C
Upvc obscure double glazed window, low level W.C, pedestal wash hand basin with tiled splashback, vinyl floor, radiator.

Sitting Room - 16`5' x 14`6' (5m x 4.42m)
Two Upvc double glazed windows, Upvc double glazed double doors lead onto the garden, door to understairs cupboard, radiator.

First Floor Landing
Access to loft, door to cupboard with shelving, doors to:-

Bedroom 1 - 14`6' x 10`7' (4.42m x 3.23m)
Large Upvc double glazed window to the rear, radiator.

Bedroom 2 - 14`7' x 9`8' (4.45m x 2.95m)
Large Upvc double glazed window to the front, door to large overstairs wardrobe, radiator.

Bathroom - 7`6' x 6`4' (2.29m x 1.93m)
Upvc obscure double glazed window, modern white suite comprising panelled bath with glass shower screen and electric shower over, pedestal wash hand basin with tiled splashback, low level W.C, partially tiled walls, radiator, extractor, vinyl floor.

Outside
Approached via the path with stone chippings to either side, tarmac driveway provides parking for 2 vehicles, side access leads to the rear garden which is very private and mainly laid to lawn with a small patio area.

Council Tax Band - C 2058.07
What3words:/// powers.exploring.imitate

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.



what3words /// twinkling.decisions.himself

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

£ 229575

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
    £ 6875
  • 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

£ 23325
  • 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

Adjust these figures

  %
  %
£
  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message