4 bedroom detached bungalow for sale

£795,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

KEY FEATURES - Established Cattery Business: The lifestyle cattery is a successful and fully operational business, providing a steady income stream. The facility is well-equipped, catering to pet owners who seek quality care for their cats. Detailed business figures are available upon request.

- Superb Location : Located on the fringe of the town within walking distance of the town of Chudleigh

- Spacious Grounds: The property is situated on a generous 1.12-acre plot, offering well-maintained gardens, mature trees, and ample open space. This expansive outdoor area is perfect for relaxation, gardening, or future expansion.

- Large plot with development potential (STP) : Scope to create a separate dwelling, additional accommodation, or alternative use to suit your needs.

- Versatile Opportunity : Ideal for those looking to run a business from home or repurpose the space to suit their lifestyle.

ACCOMMODATION 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.

THE CATTERY The current owners run Courtyard Cattery, one of only a few catteries in the South West to meet EU standards. Rated 5 star, the business will be included with the sale ( further details upon request).

The cattery is inspected annually by Teignbridge District Council and issued with a license to trade as a cattery.

The accommodation is of a high standard with 35 pens. Each pen can take up to two cats and there are five family pens which can take up to four cats (only from the same family).

THE PROPERTY The modern accommodation, offers light and bright space with an Entrance Hall leading to the kitchen/breakfast room. The kitchen is equipped with modern appliances and natural light floods the room through a large window, creating a bright and airy ambiance that is perfect for both cooking and dining. This kitchen also offers plenty of space for a dining area, making it the perfect spot for casual family meals or morning coffee. The lounge sits off and offers fabulous far reaching views.

The self-contained annexe is well presented and offers flexible living space that can easily be accessed through the main accommodation by an internal inter-connecting door. The annexe has been a very popular summer letting offering.

There are three bedrooms in the main part of the property all enjoying some superb views. A modern family bathroom with shower mixer taps complements the space perfectly.

OUTSIDE The low maintenance gardens are a standout feature of this property and offer an superb setting for outdoor living and entertainment.

The well maintained deck area provides ample space for alfresco dining - perfect for hosting summer gatherings with family and friends.

The garden adjacent to the property has been fenced and screened to offer a great degree of privacy.

Beyond is a fenced paddock offering superb far reaching views.

There is a separate access for the cattery to that of the main accommodation with plenty of parking available.

KEY FACTS FOR BUYERS TENURE
Freehold.

COUNCIL TAX - Band F

BUSINESS RATES - The Cattery has a Rateable Value of 7,700 however, the premises currently benefits from Small Business rates Relief.

EPC - C

SERVICES
The property has all mains services connected and oIL fired central heating., There is private drainage with a newly installed Water Treatment Plant.

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

MORE INFORMATION FOR BUYERS
For more information on this property, please click the link below..

Property Report - Key Facts for Buyers

You can see the title deed, plot size, square footage, aerial view, broadband speeds, and lots of other information relating to this property including school information and transport links.

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 Prior to a sale being agreed and solicitors instructed, prospective purchasers will be required to produce identification documents to comply with Money Laundering regulations.

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.

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

£ 658575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 19875
  • 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

£ 62325
  • 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
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  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

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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