5 bedroom detached for sale

£795,000 Guide Price

5

Bedrooms

3

Bathrooms

Floorplan

A newly constructed high quality detached five bedroom property with a guest suite above the double garage.


High specification energy efficient home.

Accommodation of over 1800 sq.ft. set out as follows; Entrance Hall, Cloakroom, Sitting room, Kitchen/Dining Room, Study, Bedroom with En-suite Bedroom above double garage, Landing, two Bedrooms with En-suite facilities, two further Bedrooms and a Family Bathroom.

Double Garage and additional parking on driveway.

Enclosed rear garden.

NHBC 10 Year Buildmark Warranty.

Short walk from Old Hunstanton Beach.

Easy access to Hunstanton and Old Hunstanton, with Kings Lynn just a 30 minute drive away.

No Onward Chain.

Help with stamp duty.

HEATING: Gas fired central heating.

COUNCIL TAX: Band TBC.

SERVICES: Mains water, electricity and drainage.

BROADBAND: Vodafone report that Ultrafast broadband is available to the property.

MOBILE COVERAGE: Ofcom report the following indoor reception; EE is likely to have voice and data, O2 has voice but limited data, Vodafone and Three have limited voice and data. Ofcom report the following outdoor reception; EE, Three, O2 and Vodafone are likely to have voice and data.

FIXTURES AND FITTINGS: Unless specifically mentioned in these particulars, all fixtures and fittings are expressly excluded from the sale of the freehold interest.

IMPORTANT NOTICE: These particulars have been prepared in all good faith to give a fair overall view of the property. Measurements and distance are given as a guide only. We have endeavoured to ensure the information given is accurate but we would urge you to contact the office before travelling any great distance to ensure that your impression of the property is as we intended. None of the services, appliances or equipment have been tested and purchasers should satisfy themselves on such matters prior to purchase.

VIEWING: Early inspection is recommended through the Agents. For an appointment please telephone BEDFORDS, The Bower House, Market Place, Burnham Market, Kings Lynn, PE31 8HF. Tel: . All our properties can be found on the internet at

HUNSTANTON is a Victorian holiday town on Norfolks Wash Coast. It was built as a sea-bathing resort during the second half of the nineteenth century atop distinctive, striped cliffs of white chalk and brown carrstone, of which the majority of buildings in the town were constructed. The town looks west to sea and is the only point on the east coast where one can watch the setting sun over the sea. The town has an extensive range of shopping and recreational facilities including supermarkets and a theatre, as well as extensive sandy beaches which continue around to the North Norfolk Coast, an Area of Outstanding Natural Beauty. There are links golf courses at Old Hunstanton and Brancaster, sailing from the towns sailing club or other natural harbours along the coast and R.S.P.B. reserves at Snettisham and Titchwell. The Hanseatic port and medieval market town of Kings Lynn is 16 miles to the south with a mainline rail connection to London Kings Cross (97 mins.)

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 658575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 19875
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 62325
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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