1 bedroom mobile home for sale

£100,000 Guide Price

1

Bedrooms

1

Bathrooms

LOCATION The stannary town of Ashburton offers a wide range of shops and facilities, including both a Primary School and Community College, and is located within the boundary of the Dartmoor National Park offering wide open spaces for scenic walks and riding.

Ashburton also benefits from excellent transport links being approximately 7 miles from Totnes and Newton Abbot with their direct rail links to London Paddington and Plymouth. The town also lies just off the A38 Devon Expressway giving easy access to Plymouth and Exeter and the M5 beyond.

THE PROPERTY A5 Waterleat is a well presented one bedroom Pathfinder Park Home, having recently undergone a full renovation by the current owners, including new carpets and painting throughout.

The front door is access up a few steps and leads into the hallway. Doors lead off to each room from here.

OPEN PLAN KITCHNE/DINER/LOUNGE - The KITCHEN (9 5' x 7 4' (2.87m x 2.24m) area is fitted with modern high gloss wall and floor units, laminate worksurfaces. Built-in 4 ring gas hob with electric oven below. Space and plumbing for undercounter appliances. Windows to front and rear. Concealed wall mounted combination 'Alpha' boiler.

LOUNGE/DINER (10 01' x 9 05' (3.07m x 2.87m))area there is a focal electrical fire, windows and patio doors.

BEDROOM (9 05' x 8 02' (2.87m x 2.49m) overlooking the garden patio area and has a built-in wardrobe.

The BATHROOM (6 09' x 4 10' (2.06m x 1.47m) is newly installed and comprises of panelled bath with shower over and glazed screen, low level WC, vanity unit with wash hand basin and mirror over. Part tiling to walls. window to rear.

OUTSIDE The property is fully enclosed and has patio seating areas making perfect spaces for entertaining. There is a large storage shed and a raised banked garden area to the rear. There are far reaching views, and an allocated parking space close by.

PARK HOMES - KNOW YOUR RIGHTS We recommend you visit the government website, link below for detailed information about buying a park home.



We are advised by the Park Manager of Ashburton Park that there is a 10% commission on any property sold within the park.

Please contact us if you have any queries in this regard.

VIEWINGS Strictly by appointment with the award winning estate agents, Sawdye & Harris, at their Dartmoor 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.

SITE NOTES Gas: Bottled gas
Electricity: Mains electric, individually metered (checked by site manager) Water: Shared system of water used (checked by site manager)
Ground Rent: 175.71 PER MONTH from April 2024 (increased every April)
Council Band: A
EPC: Exempt
Freehold
Age restriction: 45 years and over

PLEASE NOTE 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.

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

You are not under any obligation to use the services of any of our 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

£ 80200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

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
    £ 2500
  • 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

£ 5200
  • 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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