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2 Queens House, Barnstaple, EX32 8HJ
£485,000 Guide Price
Bedrooms
Bathrooms
Reception
This beautifully presented, mature home has been fully modernized and improved by the current owners over recent years, now offering a spacious and contemporary living space. Set within a large, established walled garden, the property provides both privacy and seclusion. The house is screened from the road by a tall natural stone wall and mature trees, making a full viewing essential to appreciate all it has to offer.
An entrance porch leads into a generous reception hallway, with double doors opening into a large lounge featuring a double aspect and bay windows. The spacious kitchen/dining/family room also benefits from a double aspect and boasts high-gloss units, white marble-effect worktops, and integrated appliances. There is a sizable utility room, a ground-floor cloakroom, and a study/bedroom four. On the first floor, a wide galleried landing leads to three bedrooms, one of which has an en-suite. The large family bathroom is equipped with a freestanding bath, a double-width shower cubicle, and twin wash basins.
The property is accessed through double gates, flanked by natural stone walls, leading to a broad parking and turning area for several vehicles. This area leads to a double garage with loft space and a separate workshop at the rear. The large private rear garden is walled and features lawns, planted areas with mature bushes, plants, and trees, a paved patio, and a newly constructed pergola.
Conveniently located on the outskirts of Bickington, the property offers easy access to local shops, amenities, and a variety of schools. The area is well-known for its stunning coastline, which includes sandy beaches and rugged clifftop views. In summary, if you're seeking a modern, spacious home in an excellent location, Verdala could be the perfect choice. The property is being sold with no onward chain.
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.
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