3 bedroom detached for sale

£375,000

3

Bedrooms

2

Bathrooms

Floorplan

Located in the picturesque village of South Petherwin, Launceston, this charming semi-detached house offers a perfect blend of countryside living and convenience.

With a spacious layout and well-proportioned living areas, the home is filled with natural light, creating a warm and inviting atmosphere. It also benefits from 9 solar panels on the roof, connected to an EDF feed-in tariff, providing an additional source of electricity and a supplementary income throughout the year.

Surrounded by scenic walks and a welcoming community, this property presents an excellent opportunity for those seeking a peaceful lifestyle. Whether as a permanent residence or a holiday retreat, this delightful home is ready to create lasting memories.

Summary: - Located in the picturesque village of South Petherwin, Launceston, this charming semi-detached house offers a perfect blend of countryside living and convenience.

With a spacious layout and well-proportioned living areas, the home is filled with natural light, creating a warm and inviting atmosphere. It also benefits from 9 solar panels on the roof, connected to an EDF feed-in tariff, providing an additional source of electricity and a supplementary income throughout the year.

Surrounded by scenic walks and a welcoming community, this property presents an excellent opportunity for those seeking a peaceful lifestyle. Whether as a permanent residence or a holiday retreat, this delightful home is ready to create lasting memories.

Composite door into

Hallway: - Doors off

Cloakroom: - 1.55m x 0.69m (51' x 23') - uPVC double glazed window. Low level WC. Wash hand basin.

Kitchen/Dining Room: - 3.86m x 3.86m (127' x 127') - uPVC double glazed window to side and French doors to rear patio and garden. Modern fitted units comprising of cupboards, drawers and matching wall mounted cupboards. Roll ledge work surfaces. Stainless steel sink unit. Four ring hob with oven under and extractor over. Integrated dishwasher and fridge/freezer. Space for table and chairs.

Along the Hallway are various cupboards, one making a useful Utility cupboard which measures 2.13m x 0.64m and has space and plumbing for a washing machine and space for tumble dryer.

Office/Study: - 4.62m x 1.57m (151' x 51') - uPVC double glazed window to front. Good amount of power points, landline connection. Full fibre optic broadband. Making this perfect for an office.

Lounge: - 5.08m max x 3.53m max (167' max x 116' max) - Spacious room with Farmhouse feature fireplace with an inset multi fuel burner. Stairs to First Floor. Opening into

Garden Room: - 5.61m x 2.5m (184' x 82') - uPVC double glazed windows overlooking the rear garden and door to patio and garden. Eco-friendly Biomass central heating boiler.

From the Lounge, stairs rise to the

First Floor Landing: - Two uPVC double glazed windows to front allowing light to flood in. Air circulation system. Linen cupboard. Doors off

Bedroom Three: - 1.83m x 4.22m (60' x 1310') - uPVC double glazed window to side with lovely countryside views. Built-in cupboard.

Bedroom Two: - 2.95m max x 4.2m max (98' max x 139' max) - uPVC double glazed window to rear with beautiful countryside view. Built-in wardrobe.

Shower Room: - 1.7m x 1.02m (56' x 34') - Shower cubicle. Vanity wash hand basin with cupboard under. Low level WC. Walls are clad with easy clean shower panelling.

Principal Bedroom: - 3.86m max x 4.42m max (127' max x 146' max) - Dual aspect room with uPVC double glazed windows to side and rear affording picturesque far reaching views towards Bodmin Moor.

En-Suite Bathroom: - 2.9m x 2.08m (96' x 69') - uPVC double glazed window to front. Double ended panelled bath. combined vanity unit with basin and WC. Corner shower cubicle. Part tiled walls.

Outside: - Outside, the property offers off-road parking for at least two vehicles, this leads to the Double Garage.

The rear garden is particularly appealing, boasting a patio seating area that leads up to a raised composite decking spaceperfect for outdoor relaxation. The remainder of the garden is laid to lawn, complemented by well-maintained shrub and flower borders. Additional features include a garden shed (80' x 60'), summerhouse (80' x 80'), an outdoor tap, and a small storage area at the front of the property.

Double Garage/Gym: - 4.72m x 5.7m (155' x 188') - Features a Garolla electric operated roller door, along with power and lighting. Well insulated. Good number of power points. Lighting.

Material Information: - Verified Material Information

Council tax band: B

Council tax annual charge: 1561.69 a year (130.14 a month)

Tenure: Freehold

Property type: House

Property construction: Standard form

Electricity supply: Mains electricity

Solar Panels: Yes

Other electricity sources: No

Water supply: Mains water supply

Sewerage: Sewerage treatment plant

Heating: Central heating

Heating features: Double glazing, Solar water, and Wood burner

Broadband: FTTP (Fibre to the Premises)

Mobile coverage: O2 - OK, Vodafone - OK, Three - Good, EE - Good

Parking: Garage, Off Street, and Private

Building safety issues: No

Restrictions - Listed Building: No

Restrictions - Conservation Area: No

Restrictions - Tree Preservation Orders: None

Public right of way: No

Long-term area flood risk: No

Coastal erosion risk: No

Planning permission issues: No

Accessibility and adaptations: None

Coal mining area: No

Non-coal mining area: Yes

Energy Performance rating: Survey Instructed

All information is provided without warranty. Contains HM Land Registry data Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.

The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.

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

£ 312075

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
    £ 9375
  • 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

£ 30825
  • 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.

£

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

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  %

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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