4 bedroom end of terrace for sale

£595,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

A greatly-extended four bedroom end-terrace period cottage in a rural setting with a studio above the garage.

A period property greatly extended and improved in 2007.

Quiet position overlooking paddocks and arable farmland between Fakenham and Kings Lynn.

Well-presented throughout with the benefit of a new roof in 2013 and new windows and doors in 2018.

Well-proportioned accommodation of over 1750 sq.ft. set out as follows; Entrance Hall, Cloakroom, Kitchen/Dining Room, Utility Room, Sitting Room, Snug, Landing, Master Bedroom with En-suite Shower Room, three further Bedrooms and a Bath/Shower Room.

Outside; Gated Driveway leading to a shingled parking area and the detached Single Garage. Above this is a Studio with power and light accessed via an external staircase. The rear garden is largely laid to lawn with shaped flowering borders and mature trees and shrubs with a paved and shingle terrace overlooking adjoining farmland. A shared passage from the front of the property leads to the main door and also allows access to the rear of the property.

Offered for sale with no onward chain.

Potential to convert the Garage/Studio to an additional dwelling subject to receiving the relevant consents.

Services Mains water & electricity. Drainage to septic tank. LPG gas cylinders fuel the cooker hob.

Heating Oil fired central heating and open fire to sitting room.

Council Tax Band Band C.

Broadband: Ofcom state that ultrafast broadband is available at the property

Mobile coverage: Ofcom state that voice and data reception inside the property is as follows; EE & Three-Limited. Vodafone & O2-Likely. Ofcom state that voice and data reception outside the property is as follows; EE, Three, O2 & Vodafone-Likely.

Agents note; Part of the property on the first floor oversails the passageway shared with the neighbouring property.

POCKTHORPE is a small rural hamlet surrounded by rolling, open countryside situated between Fakenham and Kings Lynn. The nearby villages of East Rudham and West Rudham are both within walking distance and are home to some of the areas most popular pubs as well as a post office/store, vets and a family butcher. There is a doctors surgery at nearby Great Massingham. The surrounding area is predominantly rural with Houghton Hall, a Palladian stately home set in 1000 acres of park and farmland, just to the north. The hamlet lies just to the south of the A148 which provides easy access into the Hanseatic port and medieval market town of Kings Lynn, which offers a comprehensive range of shops and facilities as well as a mainline railway line to London Kings Cross (97 mins). The North Norfolk coast at Brancaster is only 14 miles away with Burnham Market a similar distance.

FIXTURES AND FITTINGS: Unless specifically mentioned in these particulars, all fixtures and fittings are expressly excluded from the sale of the freehold interest. Some items and contents may be available by separate negotiation if required.

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

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

£ 493575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 14875
  • 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

£ 47325
  • 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

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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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