3 bedroom detached cottage for sale

£475,000

3

Bedrooms

2

Bathrooms

2

Reception

Floorplan

An exciting opportunity to purchase a beautifully presented three bedroom detached period cottage set on approximately 0.4 acres of stunning gardens, with detached garage and plenty of off street parking.


Lovingly updated and cared for by the present owners, the accommodation briefly comprises of an entrance porch, sitting room with character inglenook fireplace, a dining room, kitchen/breakfast room, utility room and ground floor cloakroom. The first floor benefits from having three well proportioned south facing bedrooms, an en-suite shower room to bedroom one with a family bathroom servings bedrooms two and three.

Further benefits include modern oil fire central heating, uPVC double glazed windows, recently fitted composite doors and solar panels providing an annual income and reduced electricity running costs.

With easy access to both the historic town of Launceston and the glorious coastal beaches of North Cornwall, this stunning period property is an opportunity not to be missed!



Features
  • Freehold


Property additional info

Location:
Curry Lane Cottage is situated within a semi rural location surrounded by beautiful Cornish countryside. The village of Boyton is just 2.7 miles away, with the village of Whitstone being just 3.6 miles north of the cottage. The historic Town of Launceston is just 7.1 miles from the property providing easy access to the A30. Widemouth Bay beach is easily accessible being just 9.6 miles from the cottage.

Accommodation

Entrance Porch:
Modern composite front door with motion sensative courtesy light, tiled flooring, internal glazed double doors to:

Sitting Room: 5.62m x 3.71m (18' 5" x 12' 2")
Underfloor heated hardwood flooring, impressive inglenook fireplace with modern inset multi-fuel burner set on a slate hearth, built-in storage cupboard, twin uPVC double glazed windows, stairs to first floor.

Dining Room: 4.81m x 2.69m (15' 9" x 8' 10")
Exposed wood floorboards, modern uPVC double glazed French doors, bespoke radiator, built-in storage cupboard with modern oil fired boiler within.

Kitchen/Breakfast Room: 4.48m x 4.22m (14' 8" x 13' 10")
Having a good range of fitted base storage cupboards & drawers, large breakfast center island with additional storage cupboards beneath, ample hardwood work surface areas, inset sink/drainer with mixer tap, feature brick fireplace housing an electric range cooker, fitted shelves, dual aspect uPVC double glazed windows, slate tiled flooring, radiator.

Utility Room: 2.29m x 1.17m (7' 6" x 3' 10")
Space & plumbing for a washing machine, built-in storage cupboards, hardwood work surface area, sink with mixer tap, tiled flooring, bespoke radiator, extractor fan, modern composite door to rear. with outside courtesy light.

Cloakroom:
Low level w.c, wash hand basin, heated towel rail, uPVC double glazed window, tiled flooring.

First Floor Landing:
Fitted carpet, uPVC double glazed window with fitted shutters, built-in airing cupboard housing a modern pressurised domestic hot water cylinder, loft hatch with fitted pull down ladder providing access to a part boarded loft.

Bedoom One: 4.20m x 3.79m (13' 9" x 12' 5")
Exposed wood floor boards, dual aspect uPVC double glazed windows with fitted shutters, bank of built-in wardrobes, radiator.

En-Suite Shower Room: 2.53m x 1.42m (8' 4" x 4' 8")
Fully tiled walls, corner shower with mains fitted shower, w.c, bespoke wash hand basin, heated towel rail, uPVC double glazed window, extractor fan, vinyl flooring.

Bedroom Two: 3.98m x 3.15m (13' 1" x 10' 4")
Exposed painted wood floor boards, uPVC double glazed window, radiator.

Bedroom Three: 3.40m x 2.02m (11' 2" x 6' 8")
Exposed painted wood floor boards, uPVC double glazed window, radiator.

Bathroom: 2.16m x 1.62m (7' 1" x 5' 4")
Bath with mixer shower taps, w.c, wash hand basin, heated towel rail, uPVC double glazed window, part tiled walls, vinyl flooring.

Outside

Detached Garage: 4.88m x 2.55m (16' x 8' 4")
Metal up & over door, side access door, fitted power & light, sky lights.

Off Street Parking:
A five bar gate provides access to a gravelled off street parking area capable of receiving several vehicles.

Gardens:
A gardeners dream! The property benefits from having approximately 0.4 acres of beautifully landscaped gardens with various well positioned seating areas, raised sleeper borders being full of colourful plants, flower and shrubs, complemented by well manicured level lawns. Further features include a summer house with fitted power, two storage sheds, plum, cherry & apple trees, fruit cages, log stores, outside tap and garden lighting

Services:
Mains Water, private drainage, mains electricity, satellite dish for Freesat, good broadband speed, council tax band 'C'

Tenure:
Freehold

Agents Note:
The agent notes that the current EPC was undertaken prior to the property renovations. Since then, solar panels have been installed, underfloor insulation was added to the sitting room floor when the underfloor heating was installed, the front and rear doors have been replaced with modern composite doors and modern uPVC French doors have been installed in the dining room.

Nearest Stations:

16.49 miles
Gunnislake
17.81 miles
Calstock
18.68 miles
Liskeard
18.72 miles
Bere Alston
18.81 miles
Coombe Junction Halt

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

£ 394575

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
    £ 11875
  • 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

£ 38325
  • 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
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    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

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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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