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£625,000
Bedrooms
Bathrooms
A well presented detached house moments from the town centre in a quiet courtyard development, Accommodation briefly comprises Sitting/Dining Room, Kitchen/Breakfast Room, Ground Floor W.C, Three Double Bedrooms (master en-suite), Study, Low Maintenance Rear Garden, Garage and Parking, No Chain.
Budleigh Salterton is set in a beautiful part of East Devon being at the start of the World Heritage Jurassic Coast and 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 setting, the beautiful two-mile pebbled beach and the local independent shops all being within walking distance of each other, being an 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):.
Covered Entrance
Upvc door with glazed insert to:-
Entrance Hall
Radiator, stairs to the first floor, door to understairs cupboard, door to:-
W.C
Upvc obscure double glazed window, wood effect laminate floor, half height tiled walls, low level W.C, corner wash hand basin, radiator.
Sitting/Dining Room - 19`2' x 13`10' (5.8m x 4.22m)
A large bright room with Upvc double glazed sliding door onto the rear patio, large Upvc double glazed window to the bay, feature fireplace with stone hearth, coved ceiling, two radiators.
Kitchen/Breakfast Room - 18`1' x 9`6' (5.5m x 2.9m)
Upvc double glazed window, Upvc double glazed double doors, roll edge worktop surface with range of cupboards and drawers under, inset 1 1/2 bowl stainless steel sink with drainer and mixer tap, integrated double oven, integrated fridge/freezer, integrated dishwasher, integrated washing machine, four ring gas hob, matching eye level cupboards, inset ceiling spotlights, radiator.
Study - 6`11' x 6`7' (2.10m x 2m)
Upvc double glazed window to the front, coved ceiling, radiator, electric fuse box.
Landing
Wide landing, Upvc double glazed window to the front, coved ceiling, radiator, loft hatch, door to cupboard housing the pressurised water cylinder, doors to;-
Bedroom - 1 - 13`10' x 11`2' (4.22m x 3.4m)
Large Upvc double glazed window to the rear, range of fitted bedroom furniture, coved ceiling, radiator, door to:-
En-Suite Shower Room
Upvc obscure double glazed window, half height tiled walls, shower enclosure with mains fed shower, low level W.C, pedestal wash hand basin, shaver point, mirror, radiator.
Bedroom 2 - 13`9' x 8`5' (4.18m x 2.56m)
Upvc double glazed window, coved ceiling, radiator.
Bedroom 3 - 11`4' x 8`5' (4.18m x 2.57m)
Upvc double glazed window, coved ceiling, radiator, fitted wardrobe.
Bathroom - 7`6' x 7` (2.29m x 2.13m)
Upvc obscure double glazed window, panelled bath, low level W.C, pedestal wash hand basin, half height tiled walls, inset ceiling spot lights, radiator.
Garage - 19`2' x 9`6' (5.84m x 2.90m)
Electric up and over door, power and light. Parking space in front of garage.
Outside
The garden has a small well stocked front garden, the side gate leads to the rear garden which is low maintenance and southerly facing, it is part decked and part paved.
Tenure - Freehold
Council Tax Band F - 3045.61
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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.
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.
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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