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£620,000
Bedrooms
Bathrooms
Pembroke House is a substantial Detached Family Residence occupying a quiet, level location in the prestigious area of Wolborough Hill, on the edge of Newton Abbot.
The property has been built to a contemporary, architect design with a modern, clean faade, complemented by easy to maintain gardens and boasts excellent views across to Decoy Woods and the surrounding countryside.
The property is approached via a driveway offering ample parking leading up to a generous size Double Garage with ample space for two vehicles, plus additional storage.
The accommodation has been thoughtfully arranged across three levels and includes a generous size ground floor Annexe with lounge/bedroom and en suite facilities. There is a well-appointed kitchen with integrated appliances and quartz worktops on the first floor, plus a spacious lounge/dining room with double doors opening onto a balcony.
There are 4 bedrooms, including a spacious Master bedroom with an en-suite bathroom with contemporary fitments, built in double wardrobes and a Juliet balcony letting in an abundance of natural light.
Viewing is highly recommended for those seeking an individually designed property situated in this sought after location.
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.
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