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Nunns Mill , Quayside, Woodbridge
£325,000 Guide Price
A fantastic opportunity to build in the popular village of Burgh. This plot benefits from an Outline Planning Application (All Matters Reserved), under reference DC/24/1875/ARM, for a new, well-designed single-family dwelling with associated garaging, parking, and garden space.
An exciting opportunity to build in the sought-after village of Burgh, with planning consent (Ref: DC/24/1875/ARM) for the development of three chalet-style homes, each offering 45 bedrooms and garaging. The site can be developed as a cohesive scheme of three homes or split into three individual self-build plots, each in excess of 0.4 acres, offering flexibility for developers or private buyers.
Each generous plot offers the potential to create a well-designed, single-family home of approximately 2250 sq. ft, with associated garaging, parking, and garden space.
Located in the heart of Burgh with access to Woodbridge and Ipswich, making it ideal for family living.
Please note, the site will be subject to the Community Infrastructure Levy (CIL). Suffolk Coastal District Council has advised that the CIL payment will be assessed based on the approved internal floor area (GIA). It is the responsibility of the purchaser to make any such payment. Interested parties should make further enquiries directly with the Council. Exemptions may be available for homes built or commissioned by individuals for their own use.
Location
Burgh is a picturesque and peaceful village nestled in the Suffolk countryside, just a short distance from the larger village of Grundisburgh. Surrounded by gently rolling farmland and quiet country lanes, Burgh offers a quintessential rural lifestyle while still being conveniently located for access to Woodbridge, Ipswich, and the nearby A12. Just minutes away, Grundisburgh provides everyday amenities including a village shop, popular pub, and a well-regarded primary school, making Burgh an ideal location for those seeking tranquillity without isolation.
Directions
Please use Sat Nav directions for IP13 6PX and call a member of the team if you need any further assistance.
Important Information
A prospective purchaser should satisfy themselves regarding the availability and suitability of services.
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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