5 bedroom detached for sale

£1,350,000 Guide Price

5

Bedrooms

3

Bathrooms

Floorplan

Outstanding 5-bedroom quality period home set in 1.5 acres (STS) with 6 car garaging

CARGATE HOUSE is a fine detached timber-framed farmhouse set in a country location only a short drive from Bury St Edmunds. It retains a number of original period features, cleverly complemented by a superb extension, creating a home to suit a modern family. It offers both formal and informal reception rooms, a fantastic open-plan living space perfectly planned for family living. An outstanding converted barn to forming a 6/8 car garage/workshop.
ENTRANCE PORCH with quarry-tiled floor leads through to

RECEPTION HALL this large welcoming area, includes under stairs storage cupboards.

CLOAKROOM with vinyl flooring, built-in vanity unit with stonewash hand basin and back-to-the-wall WC.

SITTING ROOM a double-aspect room with exposed ceiling timbers and red-brick inglenook fireplace with bressummer beam and fitted wood-burning stove.

DINING ROOM with exposed ceiling timbers, feature fireplace with tiled hearth and bressummer beam.

PLAYROOM A triple-aspect room with two pairs of French doors to the garden and solid-oak floor with a clever pair of corner sliding doors to the fantastic

OPEN-PLAN DOUBLE-PITCH VAULTED LIVE-IN KITCHEN/ SNUG/BREAKFAST ROOM with oak floorboards throughout. A light, triple-aspect room with gable windows, sliding doors to decking and garden, and two bay windows with built-in window seats and storage below. The kitchen has a range of built-in painted Shaker kitchen units with oak work surface, inset sink and drainer unit, vintage 4-oven Aga, twin-ring induction hob, separate Bosch stainless steel cooker, wine fridge, dishwasher, space for American-style fridge freezer, and an extensively shelved WALK-IN PANTRY. Above which, via a hay-barn ladder, is a KIDS DEN - a vaulted room with limited head height and internal window overlooking back into the kitchen.

STUDY with oak floorboards, built-in shelving and storage.

UTILITY has oak worksurface, inset butler sink and drainer, spaces and plumbing for washing machine and dryer and a range of useful built-in storage cupboards.

REAR HALL/BOOT ROOM with built-in storage cupboards, oak worksurface, stainless steel sink and drainer unit, alcove with built-in seat and stable door to outside.

WALK-IN BOILER CUPBOARD with fitted shelving, timber storage area, coat hooks and oil-fired central heating boiler.

FIRST-FLOOR LANDING with exposed timbers, shelved linen cupboard.

BEDROOM 3 overlooking the front garden.

BEDROOM 4 with wall light point and exposed timber ceiling.

PRINCIPAL BEDROOM double-aspect, with timbered beamed ceiling, built-in wardrobe cupboard, shelved recess.

EN SUITE BATHROOM with tongue-and-groove-panelled bath with mixer and separate shower attachment over, corner shower unit, vanity unit with inset wash hand basin and low-level WC.

BEDROOM 5 with shelved wardrobe cupboard ideal as a dressing room.

INNER LANDING with two separate shelved airing and linen cupboards.

BEDROOM 2 a light triple-aspect room with vaulted ceiling.

EN SUITE SHOWER ROOM with a tiled shower cubicle, pedestal wash hand basin, low-level WC and heated towel rail.
FAMILY BATHROOM this vaulted room has tongue-and-groove dado-height panelling, large walk-in shower cubicle, tongue-and-groove-panelled bath with mixer tap over, pedestal hand basin and low-level WC.

ANNEXE
HALL- KITCHENETTE with ceramic-tiled floor, stainless steel sink and drainer unit, incorporated twin-ring hob, space for fridge below and shelving over.

SHOWER ROOM with walk-in tiled shower cubicle, pedestal wash hand basin and low-level WC.

BEDROOM/GYM with storage heater.

GARAGE with boiler cupboard housing hot water cylinder for the annexe, with side door, up-and-over garage door and period brick floor.

Outside
The grounds extend to approximately 1.47 acres (sts), approached over the remains of the original moat via a bridge, to automated gates opening to an elegant driveway running through the front lawn, with a magnificent Wellingtonia and a further variety of mature specimen trees. The driveway leads to ample parking and turning space, giving access to the garage and BARN of brick construction with gable and side access. Behind the barn is a small vegetable garden, whilst to the rear and side of the house are gardens laid to lawn with decking.

Garaging and workshop
Conversion of this barn has been done for the sole purpose of providing both workshop space and garaging for six cars. The workshop area has a rubber tiled floor, panel heaters, with bi-fold doors through a glass partition leading to the car storage area, including a mirrored display alcove and bar area.

General information
Council Tax G West Suffolk
Electricity, water are connected
Oil-fired central heating
Private drainage system
Water softener
Ofcom states Ultrafast broadband connected
Ofcom states mobile signal likely
EPC - E
What3words: stalemate.scam.warmers

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

£ 1125200

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
    £ 33750
  • 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

£ 112700
  • 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)
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  • Letting Fee
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  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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

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

  • Cumulative Rental Profit
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Final Property Value

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