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26 Fore Street, Silverton
£300,000 Offers over
Bedrooms
Bathrooms
A refined double fronted mid-terraced house located in the heart of the ever popular Mid Devon village of Thorverton. Thoughtfully modernised and elegantly presented by the current owners, this home presents an impeccable blend of character features and stylish, contemporary decor.
THE LAYOUT
Stepping into the house, you find yourself at the foot of the stairs, with the sitting room to your left and dining room to your right. The sitting room is especially warm and inviting, with a woodburner as the focal point, set in a beautiful red brick feature fireplace. The dining room, complete with a striking section of exposed brick on the wall, provides brilliant entertaining space, with room for a large dining table. From here, you pass into the recently fitted and cleverly designed L-shaped kitchen, with tiled flooring that flows right from the front door and through the dining room, that utilises the space superbly to provide good storage and a breakfast bar. The downstairs WC is located at the end of the kitchen, where you also find the door that opens out to the back courtyard garden. The upstairs layout consists of the three bedrooms and large bathroom, with separate bath and shower.
THE VILLAGE
Thorverton is located between Exeter and Tiverton, just West of the River Exe. Popular with commuters into Exeter, the village has a thriving community and boasts a primary school, doctors surgery, two pubs, an established cricket club, and a popular farm shop just outside the village.
what3words location: blues.flexibly.ember
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
26 Fore Street, Silverton
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