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£545,000 Guide Price
Bedrooms
Bathrooms
New, ultra-efficient contemporary 3-bedroom home with garage and countryside views
This soon to be completed, ultra efficient modern home, enjoys a rural position, whilst remaining convenient for Bury St Edmunds, and the surrounding villages.
The accommodation, which has underfloor heating via air source heat pump, with its running costs supplemented by extensive solar panels, has one of the highest EPC ratings available, and as such is likely to have a minimal running costs.
Covered entrance porch leading to the centre of the property with both coats and plant cupboards, opening into the large open-plan vaulted kitchen/sitting/dining room with its panoramic corner sliding doors to enjoy the views to the rear and the garden, with a fully integrated luxury kitchen in a sleek modern-style with built-in combi oven/microwave, second oven, induction hob with hood, fridge freezer, and a separate large island/breakfast bar, with additional storage, sink and dishwasher.
The principal bedroom enjoys views to the rear has fitted sliding door wardrobes, and a modern en suite shower room with fitted back-to-the-wall WC, vanity basin with storage, both below and to the side, heated mirror and a large fully tiled walk-in shower with both fixed and adjustable head.
Bedroom 2 also with fitted sliding door wardrobes, has Jack N Jill access to the adjacent bathroom which is half-tiled with
back-to-the-wall WC, vanity basin with storage below, illuminated vanity mirror, fully tiled spa bath area with shower screen and twin head adjustable head above.
Bedroom 3/study is conveniently placed close to the front door.
Outside
The property has a shared drive, leading to its large single garage with electricity connected and electric up and over door with additional allocated parking close by to the front of the property. To the rear of the property is a large garden with an extensive terrace for its enjoyment, predominantly laid to lawn, enclosed with fencing and mixed species hedge.
AGENTS NOTE
The furniture, fixtures and fittings in the photographs are CGI images and for illustrative purposes only. Photographs from a same style completed property on the same site.
GENERAL INFORMATION
Private drainage
Air source heat pump
Underfloor heating throughout
50 Solar panels
Wired for air conditioning
All flooring included
Minimal running costs
Garage
Council Tax TBC
Broadband and mobile signal TBC
What3words puff.surcharge.rumbles
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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