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2 Queens House, Barnstaple, EX32 8HJ
£300,000 Guide Price
Bedrooms
Bathrooms
Reception
Situated in the highly desirable area of Sticklepath, this spacious three/four-bedroom chalet bungalow presents an excellent opportunity for buyers seeking a property with scope to modernise and personalise to their own taste.
Offering generous and versatile accommodation throughout, the property comprises a fitted kitchen, a well-proportioned lounge, and a separate dining room that could easily serve as a fourth bedroom, home office, or additional reception room, catering to a variety of lifestyle needs. A conservatory overlooks the rear garden, creating an ideal space to relax and enjoy the outdoor surroundings.
The accommodation is further enhanced by three good-sized bedrooms and two bathrooms, making it well suited to families, downsizers seeking flexible living space, or those working from home.
Externally, the property benefits from a substantial south-facing rear garden, providing an excellent setting for outdoor entertaining, gardening enthusiasts, or simply enjoying the sunshine throughout the day. To the front, there is off-road parking for two vehicles, together with a single garage offering additional storage and practicality.
Conveniently located within easy reach of local schools, shops, and a post office, and with regular public transport links nearby, the property enjoys a highly convenient position for both families and commuters.
Combining spacious accommodation, flexible living arrangements, and excellent potential for improvement, this appealing chalet bungalow represents a fantastic opportunity in one of Sticklepath's most sought-after residential locations.
Map location is not available for this property.
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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