4 bedroom detached for sale

£475,000 Offers over

4

Bedrooms

2

Bathrooms

Floorplan

A deceptively spacious and extended detached house close to local schools, town centre and local parks. Accommodation briefly comprises, Sitting Room, Kitchen/Breakfast Room, Utility Room, Playroom/Study, Four Bedrooms (inc one en-suite), Family Bathroom, Fully Enclosed Rear Garden, Garage (currently converted to provide gym/storage.

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.

Accommodation comprises (all measurements are approximate):

Entrance Porch
Tiled floor, windows to 2 sides, door to:-

Hallway
Stairs rise to the first floor, radiator, doors to:-

Sitting Room - 17`7' x 12`8' (5.36m x 3.86m)
Stripped wood floor, 2 x Upvc double glazed windows to the front, dado rail, coved ceiling, radiator.

Kitchen/Breakfast Room - 22`3' x 11`5' (6.79m x 3.49m)
2 x Upvc double glazed windows to the side, wood effect vinyl flooring, radiator, the kitchen area has roll edge worktop surface with range of cupboards and drawers under, space for dishwasher, space for fridge/freezer, induction hob, integrated Bosch double oven, door to Bedroom 2, opening to:-

Utility Room - 9`0' x 8`6' (2.75m x 2.59m)
Upvc double glazed double doors onto the rear garden, skylight, opening through to:-

Dining Room/Playroom - 11`11' x 10`4' (3.63m x 3.15m)
Upvc double glazed window overlooking the garden, picture rail, radiator, door to understairs storage and access to garage.

Bedroom 2 - 11`6' x 11`4' (3.51m x 3.45m)
2 x Upvc double glazed windows, Upvc double glazed door onto the garden, door to :-

En-suite - 4`4' x 3`5' (1.33m x 1.83m)
Upvc double glazed obscure window, corner shower cubicle, fully tiled walls, pedestal wash hand basin, low level W.C.

First Floor Landing
Access to loft, Upvc double glazed window overlooking the garden, door to cupboard housing the gas fired Vaillant boiler with storage area, doors to:-

Bedroom 1 - 12`9' x 11`2' (3.88m x 3.40m)
Double aspect room with 3 x Upvc double glazed windows with views over the town towards the estuary, radiator.

Bedroom 3 - 10`4' x 8`5' (3.15m x 2.57m)
Double aspect room with 2 x Upvc double glazed windows, radiator.

Bedroom 4 - 14`5' x 6`0' (4.39m x 1.82m)
Upvc double glazed window to the front, radiator.

Bathroom - 8`5' x 8`4' (2.57m x 2.54m)
Upvc double glazed obscure window, modern white suite comprising 'P-shaped' bath with shower screen and mains fed shower, partially tiled walls, enclosed flush set in vanity until with wash hand basin, wall mounted mirror, storage cupboard, extractor, chrome heated towel rail.

Garage - 14` x 18`2' (4.26m x 5.53m)
Current gym/store and further storage area (separated by stud wall ) but could be returned to its original use. Access from the playroom/study to the main area and up and over door to the storage area at the front.

Council Tax Band - D - 2323
What3words: ///raves.land.damage

Outside
The property is approached via a path and steps that lead to the front door and a path along the front of the property to the drive and garage, there is side access to the garden with is fully enclosed to three sides and is mainly laid to lawn, there is a raised patio affording wonderful views across the town to the estuary and coastline beyond.

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

£ 394575

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
    £ 11875
  • 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

£ 38325
  • 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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  %
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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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