2 bedroom cottage for sale

£240,000 Guide Price

2

Bedrooms

1

Bathrooms

Floorplan

THE PROPERTY This welcoming cottage kitchen is full of character, with traditional units, open shelving, and exposed wood beams. A glazed door opens directly to the garden, filling the space with natural light and creating a lovely indoor-outdoor feel. Compact but well-designed, its a practical and homely spot - perfect for everything from morning coffees to evening meals.

The LOUNGE offers a cozy and characterful space, centered around a charming wood-burning stove - perfect for curling up on colder evenings. Exposed beams and soft natural light add to the warmth and homely feel. Whether its a quiet night in or a catch-up with friends, this room offers comfort and charm in equal measure.

Upstairs, youll find two light and comfortable bedrooms, each with their own cottage charm. The main bedroom enjoys a peaceful front aspect, while the second room offers flexibility - ideal as a guest room, nursery, or home office.
Both rooms are beautifully presented and feel calm and inviting - perfect for winding down at the end of the day.

Neat, bright, and functional, the bathroom offers a clean and simple space to start and end your day. With a white suite and absolutely bathed in sunshine, its a practical and calming addition to this charming home.



OUTSIDE Pretty and well-kept, the rear garden offers a peaceful escape with space to relax, dine, or potter with plants. The garden is walled and therefore safe for pets and children. Theres a useful storage shed, a pretty summerhouse and rear access, making it both practical and private. Its the perfect outdoor haven to enjoy the village setting.


KEY FACTS FOR BUYERS TENURE
Freehold.

COUNCIL TAX - Band B

EPC - D

SERVICES
The property has all mains services connected and Gas fired central heating.,

BROADBAND
Superfast Broadband is available but for more information please click on the following link -Open Reach Broadband

MOBILE COVERAGE
Check the mobile coverage at the property here - Mobile Phone Checker


SERVICES The property has all mains services connected and Gas fired central heating.,

VIEWINGS Strictly by appointment with the award winning estate agents, Sawdye & Harris, at their Teign Valley Office - Email -

If there is any point, which is of particular importance to you with regard to this property then we advise you to contact us to check this and the availability and make an appointment to view before travelling any distance

PLEASE NOTE For clarification we wish to inform prospective purchasers that we have prepared these sales particulars as a general guide. We have not carried out a detailed survey, nor tested the services, appliances and specific fittings. Items shown in photographs are not necessarily included. Room sizes should not be relied upon for carpets and furnishings, if there are important matters which are likely to affect your decision to buy, please contact us before viewing the property.

To comply with UK Anti Money Laundering legislation, we are required to complete ID verification checks on all sellers and buyers and to apply ongoing monitoring until the transaction ends. Whilst this is the responsibility of Sawdye & Harris, we may use the services of an external AML to verify Clients identity and there is a non-refundable charge of 20 per person. This is not a credit check so it will have no effect on your credit history.

We may refer buyers and sellers through our conveyancing panel. It is your decision whether you choose to use this service. Should you decide to use any of these services that we may receive an average referral fee of 100 for recommending you to them. As we provide a regular supply of work, you benefit from a competitive price on a no purchase, no fee basis. (excluding disbursements).

We also refer buyers and sellers to our mortgage broker. It is your decision whether you choose to use their services. Should you decide to use any of their services you should be aware that we would receive an average referral fee of up 250 from them for recommending you to them.

You are not under any obligation to use the services of any of the recommended providers, though should you accept our recommendation the provider is expected to pay us the corresponding Referral Fee.

Map location is not available for this property.

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

£ 188700

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
    £ 6000
  • 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

£ 8700
  • 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

Adjust these figures

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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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