5 bedroom town house for sale

£3,000,000 Guide Price

5

Bedrooms

4

Bathrooms

Floorplan

Situated on the River Dart, Lidstone Boathouse is a beautifully presented former boathouse enjoying uninterrupted, breath-taking views across the river, the village of Kingswear opposite, out to sea and upstream towards the Britannia Royal Naval College.

Adjacent to the boathouse is a charming 23 bedroom cottage offering additional accommodation for those seeking a holiday income, dependant relatives or au pair.The boathouse offers light and spacious accommodation with a delightful 37ft open plan living space being the width of the building enjoying a mass of windows and a balcony giving panoramic views. There is a bespoke kitchen, utility and a cloakroom.

The ground floor has 3 double bedrooms with 3 en-suites, a balcony, garden courtyard and access to the water. The property benefits from a running mooring idea for a seasonal rib/motorboat, directly outside the property. To the outside, two balconies over the river, a decked courtyard and a private garden for the cottage. Situated a short walk from the property is a unique and very rare garage suitable for up to three vehicles, a small courtyard and a storeroom.

Accommodation

From the ground floor, a bespoke staircase leads to the wonderful 37ft open plan living space with windows and two double doors being the width of the property overlooking the river, Kingswear and out to sea with a balcony, being an ideal space for dining. The living area has an inset gas fire whilst the dining area has built in units and a wine fridge. There is a bespoke office with ample workspace and built in storage units.

The kitchen/breakfast room has a lovely vaulted ceiling with large sky lights. There is a good range of contemporary units with ample worktop space and breakfast bar. Built-in Bosch oven, microwave, plate warmer, fridge/freezer, halogen hob and a dishwasher. Door to the courtyard garden. Tiled flooring leads to the adjacent utility room with space and plumbing for wash machine and tumble dryer with sink unit and cupboards. There is a cloakroom with a WC and hand basin.

Ground Floor

Floor to ceiling windows and sliding door leads to the entrance hall with stairs rising and door to the rear balcony with access to the river. The principal bedroom is a wonderful size with a mass of windows over the river, Kingswear and out to sea. Built-in wardrobes and bed unit. The tiled en-suite has a large walk-in shower, hand basin and a WC. The second double bedroom has further windows over the river, a walk-in dressing room, en suite with a bath, WC and a hand basin. The third double bedroom offers an en-suite with a walk-in shower, WC and hand basin with adjacent store cupboard.

The Cottage

Lidstone cottage is situated adjacent to the boathouse with a private garden to the west with views of the river. There is an open plan kitchen/living room with fine views over the river, Kingswear and out to sea. The kitchen has a double oven, induction hob, sink unit and dishwasher. Ample seating space enjoying the views. The remaining levels offer 2 double bedrooms, a bathroom and an occasional third double room with a WC and hand basin. There are exits from the cottage to the garden, the courtyard and opposite the boathouse kitchen door.

The Outside

From South Town, a gate and private steps lead down with access to the cottage and garden with views across the River Dart and Kingswear. Steps continue to the boathouse kitchen door and courtyard garden with composite decking and water feature, an ideal area for outside entertaining. Access to the ground floor boathouse and the cottage. To the rear of the boathouse from the living room is a balcony enjoying stunning uninterrupted panoramic views of the River Dart, Kingswear, upstream and out to sea. The ground floor offers further outside space with steps down the water and a 6.5 metre running mooring.

Garage 393X147 max Situated in Lower Street, a short walk from the property is a very rare garage being approximately
546 sqft. This superb space offers the ability (subject to size) for three vehicles, boat storage etc with electric up and over door, light, power and water. A door leads to a small courtyard and useful storeroom with a cloakroom.

Services.Lidstone Boathouse. Mains gas, electrics and drainage. Gas central heating.
Council tax: G

Lidstone Cottage. Mains electric and drainage. Electric heating.

Garage. Leasehold. For further details, please contact the agent.

Lidstone Boathouse 2530.1 sqft 235.1 sqm

Lidstone Cottage 923.9 sqft 85.8 sqft

Garage 393X 147 MAX

Viewings.Advanced notice required to view the property, strictly via Millard Cook in Dartmouth. Floor plans, images are for guidance only. Proof of funds maybe required to book a viewing.



Features
  • Freehold

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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

£ 2598950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
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    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 75000
  • 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

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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.

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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.

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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

£ 348950
  • Mortgage Interest
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  • Letting and Management Costs (Inc VAT)
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  • Insurance
    £ 500
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  • Service Charge
    £ 0

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