5 bedroom detached for sale

£749,500

5

Bedrooms

2

Bathrooms

4

Reception

Floorplan

As you approach this stunning detached house in the picturesque village of Downderry, Cornwall, you are immediately struck by its commanding position overlooking the sea. The property offers a blank canvas for the new owners to create their dream home, with spacious rooms and stunning panoramic sea and coastal views from almost every window.

Upon entering the property, you are greeted by a light and airy hallway with stairs down to both the lower floors. The flexible layout allows for 4/5 bedrooms and 3/4 reception rooms, providing ample space for a growing family, multi generational living or those who just enjoy space. The delightful kitchen is the heart of the home, offering plenty of space for cooking while enjoying the sea views. There are also two bathrooms and a separate wc.

The sea views are further enhanced by the two balconies at the rear of the property, perfect for enjoying a morning coffee or evening glass of wine while watching the sun set over the water. Outside, the well planned tiered gardens and areas of decking offer plenty of space for outdoor entertaining or simply relaxing in the sunshine.

Additional features of the property include uPVC double glazed windows and doors, central heating for those cooler evenings, and an integral garage for convenient parking.

Within walking distance of the local beach and village amenities the property is only 19 miles from the city of Plymouth, by car and from here you can connect, by rail, to most parts of the country,

Downderry itself is a charming village with a strong sense of community and plenty to offer residents and visitors alike. The village boasts a beautiful sandy beach, perfect for swimming, sun bathing, or enjoying a leisurely stroll along the shore. For those who enjoy water sports, there are opportunities for sailing, kayaking, and paddle boarding in the crystal clear waters.

The village has a local pub and this is a popular spot for a pint or a meal, with stunning views of the sea from the beer garden.

For those who enjoy exploring the great outdoors, Downderry is ideally located for walking the South West Coast Path, with breathtaking views of the rugged coastline and the chance to spot local wildlife. Nearby attractions include the historic fishing village of Looe, the picturesque town of Polperro, and the Eden Project, a world renowned botanical garden and eco-tourism attraction.

In summary, this spacious detached house in Downderry offers a unique opportunity to create a dream home with stunning sea views and a wealth of outdoor activities on your doorstep. Don`t miss out on the chance to make this property your own and enjoy all that this beautiful corner of Cornwall has to offer.

Accommodation
Entry Floor: Bedroom with balcony off, office/study, hall.
Middle Floor: 2 bedrooms, kitchen, dining room, living room, bathroom, separate wc, hall.
Ground Floor: bedroom, shower room, living room/bedroom, storage room, hall.

Gardens
These are predominately to the rear and tiered with each level being to lawn with flower beds/borders. Feature wall between the two main levels. Large area of decking adjacent to the ground floor accommodation.

Garage & Parking
Small drive to the front giving access to the large integral garage. Unrestricted on road parking is also available outside the property.

Utilities
Services: Mains water, electricity and drainage.
Heating: LPG central heating to radiators from a boiler located in the storage room.
Windows: uPVC double glazed.
Broadband connected.
For information on the strength and availability of mobile phone signals please refer to www.offcom.org.uk

Tenure
Freehold

Council Tax
Band E

EPC Rating
E51

Restrictions
The property is not in a conservation area or an area of outstanding natural beauty.

Access
Level access from the road at the front.

Flood Risk
The property is not in flood zones 2,3, or 3b. (source: Cornwall Interactive Mapping)

Planning
The following applications are shown on the Cornwall Planning Website (www.cornwall.gov/planning):

20 November 2001 under ref E2/01/01218/FUL
Extension to the rear of dwelling with alterations and construction of a new vehicular/pedestrian access to the highway. Approved with conditions.

11 June 1990 under ref E2/90/00271/F
Erection of extension to provide a study and construction of a stairwell. Approved with conditions.



Directions
From our office proceed out of Looe along Station Road and after passing the Station on your left take the right hand junction onto St Martins Hill. Follow this road passing Looe Bay Holiday Park and continue towards Hessenford. Upon arriving into Hessenford, turn right for Seaton & Downderry. Follow this road and continue through Seaton, carrying on up the hill towards Downderry. On reaching the centre of the village turn left, into Trerieve, opposite the entrance to the "Inn on the Shore" and continue up the hill. Follow the road around the bend and continue towards the end of the road. The property can be found on your left opposite some recently built homes.

Notice
IMPORTANT NOTE: Messrs Seasons Estate Agents Ltd for themselves and for the vendors or lessors of this property whose agents they are give notice that: these particulars are set out as a general outline only for the guidance of intended purchasers or lesses, and do not constitute part of, an offer or contract; all descriptions, dimensions, floor plans, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; no person in the employment of Messrs Seasons Estate Agents Ltd has any authority to make or give any representation or warranty whatsoever in relation to this property.

Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: Mains Supply
Broadband: FTTP
Telephone: None

Other Items
Heating: Central Heating
Garden/Outside Space: Yes
Parking: Yes
Garage: Yes

New Home: Non New Home
Maximum Area (in sq ms) 132 sq ms

Map location is not available for this property.

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

£ 621037.5

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 18737.5
  • 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

£ 58912.5
  • 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

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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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