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£1,200,000 Guide Price
Bedrooms
Bathrooms
A substantial renovated and extended family house, set back in mature establishsed grounds of 1-acre, including swimming pool, outbuildings and garden studio/games room.
Situated on the southern fringes of Bury St Edmunds, 93 Sicklesmere Road is a substantial family house, originally dating back to the early 1930s, being built of traditional construction with rendered elevations under a pan-tiled roofline.
The property has been subject to a total renovation and extension programme in the last 10 years, cleverly fusing the original characteristics with contemporary nuances and a superb arrangement of beautifully presented accommodation, against a stunning backdrop of established gardens. Within the programme of works, the house was totally updated with new plumbing, wiring, replastered walls and ceilings, new doors, flooring and kitchen and bathrooms.
The living space is arranged over two floors, extending to around 2,600ft2 with generous proportions and versatile living space, comprising large reception hall with solid oak front door with glazed panels, tiled floors and cloakroom. The sitting room has window to the south, fireplace housing an open fire on marble hearth with glazed doors to the garden room. The dining room has a fireplace, and bay to the south and window to the east.
The kitchen provides extensive high-gloss modern base and eye level units with quartz worktop and twin Belfast sink, matching island with breakfast bar and stainless-steel sink.
There are a range of integrated Bosch appliances to include double oven, 5-ring gas hob, dishwasher, wine cooler, space for fridge/freezer, washing machine and tumble dryer.
Leading from the kitchen is a stunning new 9m living area, providing a high degree of natural light with full-width doors with views over the gardens and a large roof lantern with electric blind.
On the first floor is the principal bedroom suite with window to the rear overlooking the garden, with fitted dressing room and luxurious fully tiled en suite bathroom with twin sink, low level WC with concealed cistern, freestanding bath and separate shower cubicle. There are three further double bedrooms, served by a well-equipped shower room, with tiled walls and floor, walk in shower and vanity wash basin.
Outside
Approached from the road via electric double gates, leading to a long driveway with electric charging point and detached double garage. Adjoining the house is a large terrace, extending round the Swimming Pool (heated via air-source) and garden studio. The timber-built Garden Studio is a 400ft2 leisure area, perfect for those looking to entertain, with bar and room for pool table and dartboard.
There are further outbuildings within the grounds, former stables, which are perfect for those looking for garden storage or further opportunity to redevelop for office/workspace. The garden is largely laid to lawn, hosting a large number of wonderful mature native trees, shrubs and flower beds. The grounds lead down to the River Lark.
Services
Mains water, drainage and electricity Gas-fired heating (underfloor to kitchen extension/garden room) Council Tax Band G EPC TBC Broadband: Ofcom suggest Ultrafast 1,000Mb available Mobile: Ofcom suggest all providers likely.
Location
Sicklesmere Road is located on the southern side of Bury St Edmunds. The town is a unique and dazzling historic gem with a richly fascinating heritage - the striking combination of medieval architecture, elegant Georgian squares and glorious Cathedral and Abbey Gardens provide a distinctive visual charm. With prestigious shopping, an award-winning market, plus a variety of cultural attractions and fine places to stay, Bury St Edmunds is under two hours from London and very convenient for Cambridge, Ipswich and Norwich.
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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