3 bedroom semi-detached for sale

£299,950 Offers over

3

Bedrooms

1

Bathrooms

Floorplan

A wonderful 3 bedroom semi-detached family home located in the popular seaside town of Dawlish, with a garage and newly landscaped garden.

Full Description

A wonderful three bedroom semi-detached family home located in the popular seaside town of Dawlish, with a garage and recently landscaped garden.

On the ground floor there is an entrance hall leading into a spacious lounge/diner. The lounge area has a wall mounted electric fire and an understairs storage cupboard. There is dual aspect window/ French doors leading out to the rear garden making the room very light and airy.

The separate kitchen has fitted wall and base units, giving ample storage for kitchen utensils. There is a stainless steel sink, integrated dishwasher, extractor fan and a free standing oven/hob. The kitchen has a door out to the back garden.

Upstairs, there is three good size rooms. Bedroom 1 has a large window and a built in wardrobe with mirrored sliding doors.
Bedroom 2 is another spacious double with a window and built in wardrobes with sliding doors.
Bedroom 3 is a good size single room with a window to the front.

There is a family bathroom, finished with tiling, consisting of a bath with shower over, toilet and standing hand wash basin, window to the rear and a heated towel rail,

Outside, the rear garden is fully enclosed and low maintenance. There is a large patio, suitable for alfresco dining, artificial grass and a further large private decking area. There is a door into the garage too which has light and power. To the front of the property there is a large brick paved driveway.

Dawlish, situated 12 miles from Exeter City Centre, is renowned for the sandy beaches and the market-town has a fantastic atmosphere. There is a wide range of facilities and amenities including well regarded schools, shops, cafes and a large supermarket on the outskirts of the town.

Ground Floor

Entrance Hall

Front door leads into the hallway with space for hanging coats, stairs leading to the first floor and door leading into the lounge.

Lounge/Diner

Large room with window to the front and French doors to the rear. There is a wall mounted electric fire and under stairs storage cupboard.

Kitchen

Wall & base units, stainless steel sink and drainer board, free standing oven/hob, extractor fan, integrated dishwasher. Door & window to rear.

First Floor

Bedroom 1

Large room with window to rear, built in wardrobes with mirrored sliding doors.

Bedroom 2

Large room with window to front, built in wardrobe with sliding doors.

Bedroom 3

Spacious single with window to front.

Bathroom

Bath with shower over, toilet and hand wash basin. Window to rear.

Outside

Front

Brick paved large driveway.

Rear

Large patio, low maintenance artificial grass lawn, decking area. Door to garage.

Garage

Single garage with up and over door, rear courtesy door. The garage has power and light and houses the gas central heating boiler.

Agents Notes

Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only. All measurements are approximate are for general guidance purposes only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck the measurements. These particulars do not constitute part or all of an offer or contract and Smart Estate agent has not verified the legal title of the property and the buyers must obtain verification from their solicitor. We have not tested any fixtures, fittings, equipment and it is the buyers interests to check the functionality of any appliances.

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

£ 250158.75

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
    £ 7498.75
  • 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

£ 25196.25
  • 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

Adjust these figures

  %
  %
£
  %

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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