4 bedroom detached for sale

£499,999

4

Bedrooms

2

Bathrooms

1

Reception

Floorplan

A stunning four bedroom detached home set in the picturesque and sought after location in East Looe within walking distance of the harbour, town and station. This impressive property is of an inverted design and boasts a spacious and modern interior, with an abundance of natural light throughout and a full width balcony to the front. Situated in a non estate location it offers a peaceful retreat with panoramic river and countryside views. On entering the property, you are greeted with a spacious hallway, from which you can access a double bedroom, single bedroom and beautifully finished shower room. The remaining rooms are on the first floor and here you will find the landing with double doors opening onto the full width balcony from where you can spend many an hour enjoying the river and countryside views. Back inside, there are two further double bedrooms, a luxurious bathroom and the dual aspect living room that boasts a wood burner, ideal for the colder winter months. One of the property`s most impressive features is undoubtedly its modern and stylish kitchen. This has been thoughtfully designed and finished with white units that are complimented by black worksurfaces thus giving it a sleek and contemporary appearance. There is also ample space for a dining table and the room is further enhanced by the presence of a wood burning stove.

In addition to the main accommodation, the ground floor of the property also features a useful integral store room/workshop, this is entered from the garden but subject to any necessary permission being obtained it could be integrated within the main accommodation to provide further living space, if required. Outside, the property benefits from a tiered private garden to the rear which has been thoughtfully planned and planted with an array of shrubs etc. To the front of the property is a recessed hard stand providing off road parking for two large vehicles. This stunning property benefits from gas central heating and double glazing throughout.

East Looe is a charming coastal town, steeped in history and with much to offer residents and visitors alike. The town has a range of independent shops, restaurants, and cafes, as well as a bustling harbour complete with fishing boats and pleasure crafts.

East Looe Beach is a popular destination for those looking to soak up some sun, with golden sand and clear blue water. For those feeling a little more adventurous, there are a range of water sports on offer, including kayaking, stand up paddle boarding, and surfing. Walking and hiking are popular activities in the area, with the South West Coast Path running through the town. The path offers stunning views of the rugged coastline, as well as access to nearby attractions such as the traditional fishing village of Polperro. Further afield, the county of Cornwall boasts a range of attractions, from the world famous Eden Project to the historic Tintagel Castle. With its stunning coastline, charming towns, and rich history, it`s easy to see why Cornwall is such a popular destination for visitors from around the world.

In summary, this stunning four bedroom detached home in East Looe is the perfect family retreat. With spacious living areas, a modern kitchen, a large balcony and beautiful views, it offers everything you could need to live life to the full. Add to that the stunning location and abundance of local amenities and attractions, and it`s easy to see why this property is such a fantastic opportunity.

Accommodation
Ground Floor: Entrance hall with stairs to first floor, single bedroom, double bedroom, shower room and integral store/workshop.
First Floor: Two double bedrooms, dual aspect living room with woodburner, delightful kitchen/diner, luxury bathroom and landing with double doors that lead onto the full width balcony.

Gardens
Gravelled and part covered area to the front with paths leading around to the rear garden. This is tiered and beautifully kept with areas of lawn and planting.

Parking
Two large parking spaces immediately to the front of the property.

Council Tax
Band D

Tenure
Freehold

Utilities
Mains water, drainage, electricity and gas are connected.
Heating: Gas central heating to radiators from a boiler situated in the storeroom/workshop. Wood burners in the living room and the kitchen/diner.
Windows: uPVC double glazed.
For information on the availably of broadband and the strength of mobile phone signals please refer to the Offcom checker.



EPC Rating
D60

Access
The access road to the property leads off Shutta and serves just four houses. It is not adopted and maintained by those owners. A stepped path from the road leads up to the front of the house.

Flood Risk
The property is not in a Flood Risk Area (Zone 2,3 or 3b)
There have been no issues with flooding the the last five years

Planning
We are not aware of planning being granted nearby that would affect this property.

Agents Note
The property is in a conservation area.
The currents owners have lived at the property for 26 years and are selling it with no onward chain.




Directions
From our office proceed along the main road towards the station, turn right at the side of the Globe Public House, opposite the station, into Shutta. Follow this road up the hill and you will see a right hand turning just after a property called Poppins Cottage and opposite Stonebank. Take this and Kernow is just a short way along on your left. Although the property has parking for two vehicles the spaces may not be vacant at the time of viewing therefore we would advise that you park and proceed on foot.

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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: Mains Supply
Water: Mains Supply
Sewerage: Mains Supply
Broadband: None
Telephone: None

Other Items
Heating: Gas Central Heating
Garden/Outside Space: Yes
Parking: Yes
Garage: No

New Home: Non New Home
Maximum Area (in sq ms) 102 sq ms

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

£ 415199.175

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
    £ 12499.975
  • 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

£ 40199.925
  • 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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  %
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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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