4 bedroom detached for sale

£535,000

4

Bedrooms

2

Bathrooms

Floorplan

A spacious 4/5 bedroom detached family property situated in the prestige area of Liverton, close to the Gateway to the Moors and other surrounding areas. The property occupies a level location and is offered for sale in excellent decorative order throughout. The property is well positioned for access to the A38 and M5 motorway, with easy travelling distance to Plymouth and Exeter, whilst also having lots of amenities to hand to include local shops, schools and public services. The accommodation is beautifully presented and offers a perfect haven of space, comfort and privacy, set on a generous size plot.

The property benefits from a recently fitted kitchen with high gloss units, Oak door and engineered Oak floors covering the majority of the ground floor, lounge/dining area that is bright and airy with windows looking over the front and rear gardens and is ideal for family gatherings. The property has 4/5 bedrooms which are well proportioned including a master en-suite shower room and a separate family bathroom.

The property benefits from ample off road parking with a double garage and a level rear garden that is mature and very well maintained and enjoys a South facing aspect, with an open outlook over to Dartmoor and the surrounding area.

The transport links to and from the property are excellent, with easy access to all the major roads and the mainline railway station, and there are a variety of green spaces and parks around the area which are ideal for walking, jogging, cycling and weekend picnics.

The property offers a wonderful balance between suburban tranquility and everyday convenience and is ideal for those looking to settle into a welcoming and well connected community. If you would like more information on this property, please do not hesitate to contact the office and we would be more than happy to talk to you in detail about it.



Features
  • Freehold

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

£ 444075

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
    £ 13375
  • 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

£ 42825
  • 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

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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