6 bedroom detached for sale

£1,150,000 Guide Price

6

Bedrooms

2

Bathrooms

Floorplan

Spacious detached home with stunning open-plan accommodation and large garden, conveniently located for Cambridge, Newmarket and Bury St Edmunds.











Stratford House is a substantial detached property set in the pretty village of Ousden, approximately seven miles from the historic racing town of Newmarket, with easy access to Cambridge under 30 minutes away, and Bury St Edmunds, 20 minutes. The village sits in attractive countryside with The Fox public house/restaurant, village hall, playing field, and St Peters Church, of which the property has a magnificent view from the front.

The property has recently undergone a significant programme of updating to form what is now a spacious and contemporary layout with a stunning open-plan kitchen/dining and living area ideal for family life and entertaining.

The accommodation, which is arranged over two floors, comprises large welcoming entrance hall with a feature fireplace leading to an inner hall with downstairs WC and galleried staircase. From the inner hall double doors open to the impressive kitchen/dining area with large, five panel bi-fold doors opening to the rear garden, making this a lovely light and airy entertaining space. The dining area leads in turn to the snug/ family room with views to the front and St Peters Church. Also accessed from the main hall is the large, double-aspect sitting room, with French doors to the rear garden.

The kitchen is fitted in a modern painted shaker-style, with silestone worktops and large island with breakfast bar. There is a built-in butler pantry, integrated oven, additional combi/microwave oven and separate warming drawer, built-in fridge and freezer, four-ring hob with hood above, dishwasher, and double sink. Completing the ground-floor is a large utility room with fitted cupboards, sink, plumbing and space for washer/dryer, and back door to the garden. There is also an additional room off the utility that was formerly a gym which still retains a sauna and shower. This space would be ideal for a variety of alternative uses, if required. Beyond this is a rear hall with door to the front and a secondary staircase to the first-floor, as well as giving access to the large attached double garage.

On the first-floor, the galleried landing enjoys wonderful views of the Church and runs the length of the house and features fitted alcoves and bookshelves. At one end of the landing can be found the double-aspect principal bedroom suite with a large walk-in wardrobe, fully fitted dressing room, and en suite bathroom with double-end bath, corner shower, WC, hand basin and towel rail.

There are four further double bedrooms, all of which have easy access to a modern family shower room, with large walk-in shower, wall-mounted WC, and hand basin with storage below. Additionally on the first-floor, either approached from the main house or separate staircase and entrance already mentioned, is a fully equipped, large home office above the garage, with multiple built-in cupboards and separate broadband connection. The office was formerly an annexe kitchen/living room and retains all of the services to re-instate a kitchen if required.

Outside
The property has a sweeping drive up to the front of the house, with parking for several cars and turning space in front of the double garage. The front garden is lawned with a mature hedged boundary and countryside and church views. At the rear of the property is a terrace across the length of the house with built-in seating area and BBQ and access to the large well-established rear garden, which is predominantly lawned interspersed with mature shrubs, trees and screened boundaries and split into two distinct areas, the second having a former tennis court and al fresco dining terrace.

GENERAL INFORMATION
Mains water, electricity, drainage connected.
Oil-fired central heating
Council Tax West Suffolk Band G - 3,536
EPC rating D
Ofcom states Ultrafast Broadband is available
Ofcom states mobile signal is available
What3Words lasts.span.cello

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

£ 950200

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
    £ 28750
  • 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

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£

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

£ 87700
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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