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£975,000
Seymour Road, Newton Abbot, TQ12
- 9 beds
£975,000
- 9 beds
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Estimate monthly mortgage payment:
£4,451 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
£48,750
Property listed by:
Absolute Sales & Lettings Ltd
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This delightful and substantial Victorian Villa is named after the 12th Duke of Somerset, Edward Seymour who built the property in 1853. This south facing Villa, the first on Knowle Hill, was designed and positioned to maximise the panoramic views toward Wolborough Hill and onward toward the Dukes Berry Pomeroy Castle estate some 8 miles to the south. The property still enjoys stunning views across the vibrant town of Newton Abbot which offers excellent facilities. This main house is listed grade 2 although the rear parts are not. Consents have been acquired to extend / adapt the main building and the former coach house to provide an extremely comfortable 3-bedroom, 3-bathroom residence with impressive south facing reception rooms together with super modern kitchen together with 5 discreet letting units producing a significant income. The property lends itself to suit a variety of needs and also offers the ability separate off a further self-contained unit if needing to accommodate another family member or indeed maximise income. This is flexible elegant private accommodation that can only be fully appreciated by inspection. Tenancies and Income All the 4 apartment's, studio & cottage are let on 6 month AST's and offer (on a 60:40 split) about a 10% return on capital. We believe there is also tremendous scope for holiday / AirBnB lettings to increase the in-come from the fantastic demand in the post covid world for "staycation" holidays. Accommodation Please see Floor Plans for layout and approximate room sizes and total areas. The grounds comprise a tarmacked drive-way rising to a level plateau. Each letting unit has an allocated space and the main house has parking for at least two vehicles. The main house has private gardens to the western side gated from the parking area with large patio area enjoying the views, fish pond and storage sheds and a lower lawned area also with another shed. There is also separate communal garden to the rear of the site for the tenants use. EPC Main house - E Cottage - D Studio - C Flats 1-4 - D
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Stamp Duty tax
These figures are estimates and are provided for guidance only
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).
£38,750
Mortgage and legal costs:
£999
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Property details
This delightful and substantial Victorian Villa is named after the 12th Duke of Somerset, Edward Seymour who built the property in 1853. This south facing Villa, the first on Knowle Hill, was designed and positioned to maximise the panoramic views toward Wolborough Hill and onward toward the Dukes Berry Pomeroy Castle estate some 8 miles to the south. The property still enjoys stunning views across the vibrant town of Newton Abbot which offers excellent facilities. This main house is listed grade 2 although the rear parts are not. Consents have been acquired to extend / adapt the main building and the former coach house to provide an extremely comfortable 3-bedroom, 3-bathroom residence with impressive south facing reception rooms together with super modern kitchen together with 5 discreet letting units producing a significant income. The property lends itself to suit a variety of needs and also offers the ability separate off a further self-contained unit if needing to accommodate another family member or indeed maximise income. This is flexible elegant private accommodation that can only be fully appreciated by inspection. Tenancies and Income All the 4 apartment's, studio & cottage are let on 6 month AST's and offer (on a 60:40 split) about a 10% return on capital. We believe there is also tremendous scope for holiday / AirBnB lettings to increase the in-come from the fantastic demand in the post covid world for "staycation" holidays. Accommodation Please see Floor Plans for layout and approximate room sizes and total areas. The grounds comprise a tarmacked drive-way rising to a level plateau. Each letting unit has an allocated space and the main house has parking for at least two vehicles. The main house has private gardens to the western side gated from the parking area with large patio area enjoying the views, fish pond and storage sheds and a lower lawned area also with another shed. There is also separate communal garden to the rear of the site for the tenants use. EPC Main house - E Cottage - D Studio - C Flats 1-4 - D
£975,000
9 bed house for sale
Seymour Road, Newton Abbot, TQ12
This delightful and substantial Victorian Villa is named after the 12th Duke of Somerset, Edward Seymour who built the property in 1853. This south facing Villa, the first on Knowle Hill, was designed and positioned to maximise the panoramic views toward Wolborough Hill and onward toward the Dukes Berry Pomeroy Castle estate some 8 miles to the south. The property still enjoys stunning views across the vibrant town of Newton Abbot which offers excellent facilities. This main house is listed grade 2 although the rear parts are not. Consents have been acquired to extend / adapt the main building and the former coach house to provide an extremely comfortable 3-bedroom, 3-bathroom residence with impressive south facing reception rooms together with super modern kitchen together with 5 discreet letting units producing a significant income. The property lends itself to suit a variety of needs and also offers the ability separate off a further self-contained unit if needing to accommodate another family member or indeed maximise income. This is flexible elegant private accommodation that can only be fully appreciated by inspection. Tenancies and Income All the 4 apartment's, studio & cottage are let on 6 month AST's and offer (on a 60:40 split) about a 10% return on capital. We believe there is also tremendous scope for holiday / AirBnB lettings to increase the in-come from the fantastic demand in the post covid world for "staycation" holidays. Accommodation Please see Floor Plans for layout and approximate room sizes and total areas. The grounds comprise a tarmacked drive-way rising to a level plateau. Each letting unit has an allocated space and the main house has parking for at least two vehicles. The main house has private gardens to the western side gated from the parking area with large patio area enjoying the views, fish pond and storage sheds and a lower lawned area also with another shed. There is also separate communal garden to the rear of the site for the tenants use. EPC Main house - E Cottage - D Studio - C Flats 1-4 - D