4 bedroom town house for sale

£1,200,000 Guide Price

4

Bedrooms

4

Bathrooms

Floorplan

A substantial Grade II' listed townhouse, tucked away close to the Abbey Gardens and Great Churchyard, with south-facing garden and three parking spaces.

Situated in a prime location on the outskirts of the Abbey Gardens and Great Churchyard, The Registry is an attractive Grade II' listed house of elegant proportions and versatile living accommodation, built of traditional construction under a peg-tiled roofline.

The property dates back to the early-18th century with an ornately gabled Edwardian extension, to include a turret, whilst incorporating the original 13th-century Abbey perimeter wall and archway visible in the reception hall.

Arranged over three floors and extending to over 3,000sq-ft, The Registry provides versatile accommodation and benefitting from a high degree of natural light one would expect of a home crafted in this era, comprising reception hall with tiled floors, staircase to the first floor and cloakroom with tiled floor.

The kitchen/breakfast room is well-equipped with a range of stylish shaker-style base and eye level units with quartz preparation worktop, dishwasher and freestanding range cooker with extractor over. There is ample space for both dining and sitting, along with a shelved pantry and utility/boot room providing further storage and worktop, plumbing for washing machine and tumble dryer.

Furthermore, on the ground floor are two double bedrooms suites, both fitted with modern suites comprising large shower cubicles, low-level WC, vanity wash basin and heated towel rail.

On the first floor is a large landing area, with double aspect, tiled floors with mosaic detail and cloakroom. The first-floor sitting room is an elegant and bright living area, with attractive bay, recess that could serve as a study, red-brick fireplace with decorative painted surround. The family room enjoys a triple aspect, 2 original fireplaces and built-in shelving with storage.

On the second floor is a view across to the churchyard, built in storage cupboard and loft access, whilst giving access to a wonderful principal bedroom with vaulted ceiling height, attractive fireplace with slate hearth and painted decorative surround, dressing room with built-in wardrobes and a beautifully modernized bathroom, comprising large walk-in shower, freestanding bath, twin sinks, low-level WC and heated towel rail.

There is a further double bedroom with double aspect, panelling, plus a corner allocated to shower cubicle and wash basin with tiled flooring.


OUTSIDE
The Registry parking area is accessed from Raingate Street into Shirehall Way, behind the Premier Inn, where allocated parking can be found for 3 vehicles (numbered 1-3).

There is a pathway leading through to a gated and attractive south-facing garden, being largely lawned with slate paved pathway flanked by lavender, two seating areas and a variety of shrubs, hedging and planting.

Services
Mains water, drainage and electricity Gas-fired heating Council Tax Band Band G Broadband: Ofcom suggest Ultrafast 1,800Mb Mobile: Ofcom suggest all providers likely.

Location
Bury St Edmunds 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.

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

£ 993950

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
    £ 30000
  • 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

£ 93950
  • 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

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  • 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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