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£439,950
Bedrooms
Bathrooms
The picturesque village of East Budleigh is an Area of Outstanding Natural Beauty, just two miles from the Jurassic Coast at Budleigh Salterton.
The village offers a range of essential amenities, including a community shop, primary school, village hall, the historic Sir Walter Raleigh pub, and Walt`s Coffee Shop. Additional services can be found in nearby Budleigh Salterton.
The nearest cathedral city, Exeter, is easily accessible and offers a variety of shopping options, along with rail links to Paddington and Waterloo, access to the M5 at Junction 30, and Exeter International Airport.
East Budleigh is a highly sought-after location, offering the perfect balance of rural charm and modern convenience.
A wonderful house at the end of this charming terrace with babbling brook running in front and beautiful gardens mainly to the rear, the well proportioned rooms briefly comprise Sitting Room, Dining Room, Modern Kitchen, Three Double Bedrooms, Modern Bathroom. Viewing is a must to appreciate the fantastic location and accommodation on offer. Plans for an attic conversion which include a double bedroom with en-suite are available to view but have not yet been submitted.
Accommodation comprises (all measurements are approximate):
Entrance Hall
Stairs leading to first floor, door to:-
Sitting Room - 14`6' x 12`10' (4.42m x 3.91m)
Lovely bright room with double glazed window overlooking the front, log burner, door to understairs cupboard.
Dining Room - 17`6' x 9`6' (5.33m x 2.90m)
Large window overlooking the rear garden, tiled floor, radiator, recess for appliance and storage, door onto the rear garden, opening through to-
Kitchen - 8`2' x 11`11' (2.48m x 3.63m)
Large window overlooking the side garden, worktop surface with composite sink and drainer with mixer tap, range of cupboards and drawers under, 5 ring gas hob with electric oven under and stainless steel extractor over, matching range of eye level cupboards, integrated fridge/freezer, integrated dishwasher, integrated washer/dryer, large corner larder style cupboard, tiled floor.
First Floor Landing
Doors to:-
Bedroom 1 - 14`7' x 13`8' (4.45m x 4.17m)
Double glazed window to front, large built-in cupboard, built-in wardrobe to one side of alcove, radiator.
Bedroom 2 - 9`11' x 9`9' (3.02m x 2.97m)
Upvc double glazed window overlooking the rear garden, radiator.
Inner Hallway
Hatch to loft, doors to:-
Bedroom 3 - 8`1' x 11`11' (2.46m x 3.63m)
Window to side, radiator, hatch to loft.
Bathroom
Upvc double glazed window to the rear, modern white suite comprising panelled bath with mains fed shower over, pedestal wash hand basin, low level W.C.
Outside
The front of the property is approached via a path which continues to the other cottages, there is a wooden gate to the rear garden which is mainly laid to lawn with a greenhouse and large storage shed.
Agents Note
A right of way exists between 2 and 4 High Street allowing the residents access to the front path. Right of access is also permitted to the rear garden of 4 High Street (although we are informed rarely used as they have separate access).
Tenure - Freehold
Council Band - D - 2316.28
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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. 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.
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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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