1 /5
£115,000
Mill Road, Okehampton, EX20
- 1 bed
£115,000
- 1 bed
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Estimate monthly mortgage payment:
£525 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£5,750
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Constructed in circa 2016 this attractive apartment block is conveniently situated for town living where the town's amenities are withing walking distance. Located on the first floor with intercom system for access, the internal accommodation offers an open plan living/kitchen area, a double bedroom and modern bathroom suite. Fully double glazed and benefiting gas central heating. The property was originally purchased for investment purpose and is actively set up with tenant in situ. EPC rating: B.
Council Tax Band: A (West Devon Borough Council)
Tenure: Leasehold (115 years)
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains
Sewerage: Mains
Broadband: FTTC
Location
The market Town of Okehampton nestles on the Northern fringes of the Dartmoor National Park and offers and wide range of local and national shops to include a Waitrose and a Victorian shopping arcade. For those keen on sport there are numerous sports clubs and facilities that include two gyms, leisure centre, football, rugby and golf clubs. The Cathedral City of Exeter is less than 30 minutes away by car. For an appointment to view this property contact the office on 01837 54504.
Open Plan Living Space w: 4.3m x l: 5m (w: 14' 1" x l: 16' 5")
Kitchen
Bedroom 1 w: 3.1m x l: 3.3m (w: 10' 2" x l: 10' 10")
Bathroom w: 1.7m x l: 2.4m (w: 5' 7" x l: 7' 10")
Agents Note
For investors, based on a purchase price of £115.000 and a rental figure of £500 per calendar month, the rental yield is approximately 5.22%
Material Information
Leasehold:
Lease start date 20/10/2016
Lease end date 21/01/41
Lease Term 125 years from January 2016
Service Charge: Currently set at £132.00 Every Six Months
Mobile: EE, O2 likely (OFCOM)
Broadband: Standard to Ultrafast likely (OFCOM)
Council Tax Band: A (West Devon Borough Council)
Tenure: Leasehold (115 years)
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains
Sewerage: Mains
Broadband: FTTC
Location
The market Town of Okehampton nestles on the Northern fringes of the Dartmoor National Park and offers and wide range of local and national shops to include a Waitrose and a Victorian shopping arcade. For those keen on sport there are numerous sports clubs and facilities that include two gyms, leisure centre, football, rugby and golf clubs. The Cathedral City of Exeter is less than 30 minutes away by car. For an appointment to view this property contact the office on 01837 54504.
Open Plan Living Space w: 4.3m x l: 5m (w: 14' 1" x l: 16' 5")
Kitchen
Bedroom 1 w: 3.1m x l: 3.3m (w: 10' 2" x l: 10' 10")
Bathroom w: 1.7m x l: 2.4m (w: 5' 7" x l: 7' 10")
Agents Note
For investors, based on a purchase price of £115.000 and a rental figure of £500 per calendar month, the rental yield is approximately 5.22%
Material Information
Leasehold:
Lease start date 20/10/2016
Lease end date 21/01/41
Lease Term 125 years from January 2016
Service Charge: Currently set at £132.00 Every Six Months
Mobile: EE, O2 likely (OFCOM)
Broadband: Standard to Ultrafast likely (OFCOM)
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£525 per month
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
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Mortgage and legal costs:
£999
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