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1 West Street, Tavistock
£595,000
Bedrooms
Bathrooms
Hewton Barn is a stunning 4 bedroom, 3 bathroom converted threshing barn which is fronted by its own grounds of around 0.7 acres. Situated in an enviable rural hamlet on a traditional farmstead, the property lies to the west of Thorndon Cross yet within easy access to the A30 at Sourton (4 miles) and Okehampton (6.5 miles). It offers very spacious accommodation comprising of a large Kitchen with Utility Room and shower room, a separate Dining Room with a full height feature window, Lounge with double sided log burner, impressive entrance hallway, 4 bedrooms (Master en-suite) and a Family Bathroom. There is parking for numerous vehicles to the front of the property.
This very attractive property was converted in 2005 to offer spacious, light and well proportioned accommodation. It retains many character features with a contemporary and modern interior. The property overlooks a large garden of approximately 0.7 acres which is laid to lawn with a boundary hedge of trees in a quiet rural location. The property is accessed through a 5 bar gate to a substantial graveled parking area with parking/storage for multiple vehicles.
The property boasts an impressive hallway with solid wood double doors and slate flooring which runs through to a very large kitchen with Utility/Boot Room and separate Shower Room with wc. The impressive Dining Room offers a full height picture window and an added focal point of a double sided log burner. Access to the Lounge can be gained from either side of the fireplace which is clad in attractive Devon stone with a slate hearth and both rooms have wood effect flooring. Upstairs are four generous bedrooms, the Master with en-suite with white sanitaryware, a Family Bathroom with bath and hand held shower and an expansive hallway. All the upper rooms have velux open or pivot windows with views over the garden and surrounding countryside.
The property is approached via a shared private driveway that leads up to Hewton Farm. The private entrance and driveway to Hewton Barn leads to the large graveled parking area which could be used to store a caravan/motor home etc and a large sweeping lawn which is all enclosed by fencing.
Services: The property had mains electricity and water with oil fired central heating.
Agents Note: 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.
Further Note: This property is owned by a member of Salisburys staff.
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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