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1 West Street, Tavistock
£285,000
Bedrooms
Bathrooms
BUYERS MORTGAGE INCENTIVE; the vendors will pay 40% of your monthly mortgage payments for two years - call now to discuss (T&Cs).
A modern 2 bedroom home, ideal for a growing family or professional couple. Offering close links to the A30 and Railway station in Okehampton, it makes a perfect village location for city commuters. Part of Lewdowns charm includes the local school (OFSTED - good), village store and post office This newly built, eco-friendly home is perfect for those wishing to pursue a more sustainable lifestyle with low living costs. The property features underfloor heating throughout the ground floor, two bedrooms, a high-end fitted kitchen with integrated appliances, a sleek family bathroom, and a convenient downstairs cloakroom. To the rear of the property, is an enclosed patio and lawned garden, perfect for entertaining, children and pets. This home benefits from multiple off-road parking space complete with an EV charger.
Accommodation:
Kitchen: A fully fitted luxury kitchen with integrated appliances including a double oven, induction hob and extractor with space for a freestanding fridge freezer.
Lounge/diner: This overlooks the patio and garden with French doors that add to the spacious feeling of the room.
Downstairs cloakroom:Toilet and handbasin with white sanitaryware.
Bedroom 1: Double bedroom overlooking the front of the property with built-in over stairs storage cupboard.
Bedroom 2: Double Bedroom overlooking the garden
Bathroom:Stylish bathroom with marble effect tiling, heated towel rail, handbasin with vanity unit and bath with shower over and shower panel.
The purchaser has the option to purchase the flooring throughout the property.
Energy Rating: A
Directions:
Coming south from the A30 dual carriageway, at Sourton Cross take the exit signed to 'Tavistock.' At the end of the slip road turn right and then immediately left onto the old A30 (West Devon Drive,) signed to 'Bridestowe' and 'Lewdown.' Continue along this road for approximately 6 miles, until you reach the village of Lewdown. To the right hand side of the road there is a turning sign posted to 'Bratton Clovelly.' Brentor View can be found at the third turning on the left.
Agents notes:
Fixtures, fittings, appliances or any building services referred to does not imply that they are in working order or have been tested by us. The suitability and working condition of these items and services is the responsibility of purchasers.
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.
1 West Street, Tavistock
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