4 bedroom detached for sale

£535,000 Offers in excess of

4

Bedrooms

5

Bathrooms

Floorplan

Welcome to Newmarket Road, a thoughtfully extended 1930s property offering superb interior and exterior space. This superb family home presents a choice of ever desirable features, perfect for any modern day home including its proximity to a range of amenities.

Bury St. Edmunds is becoming an ever-popular town to reside due to the plethora of opportunity it has available both professionally and leisurely. The traditional market town is decorated with a choice of mainstream and independent amenities including: pubs, bars, restaurants, eateries, supermarkets, tailoring and health / dental care. Naturally this draws great attraction to the town.

The property is located within 1.8 of West Suffolk Hospital, as well as 1.0 mile from the A14, perfect for keen commuters looking for quick and easy routes into Stowmarket, Cambridge, Norwich and London.

Upon arrival, you cannot help but admire the grand stature of this double fronted property, with features including a large driveway for numerous vehicles, bay windows, solar panels and an electric roller garage door.

Entrance Porch: 0.64 x 2.06m

Contained entrance porch holding a secondary internal door joining the hallway.

Hallway:4.53 x 2.11m

Sizeable hallway with modern wooden flooring holding access to the staircase, lounge, secondary reception / family room and dining room.

Lounge:4.08m x 3.637m

The wooden flooring continues into the lounge which is bathed in natural light courtesy of the bay window overlooking the front of the property. Gas fireplace.

Reception / Family Room: 4.01m x 3.44m & 2.32m x 3.29m

Large reception / family room which is utilisable as a lounge, dining room, office / study or playroom. Due to the dual aspect windows, again this space is naturally light and supports sliding doors entering the conservatory / sunroom.

Dining Room: 3.03 x 2.34m

Joining both the hallway and kitchen, the dining area provides the perfect additional hosting space. The choice of configuration between all three ground floor reception rooms is admirable.

Kitchen:5.66m x 2.71m

Complete with a selection of low and eye level storage, finished in high gloss, the large kitchen provides a fantastic heart to this family home. Free-standing electric oven / hob with space and plumbing facilities available for a washing machine, tumble dryer and American fridge-freezer. Access into garage. Access to rear hallway leading bathroom and conservatory.

Shower Room: 1.76 x 1.83m

Fitted with shower cubicle, basin, wc and radiator. Window opening to conservatory.

Conservatory / Sunroom: 2.40 x 8.20m

Large triple aspect conservatory / sunroom bathed in natural sunlight enjoying views of the mature rear garden and perfect for enjoying the morning coffee.

First Floor Landing:

Loft access and access into all four bedrooms plus family bathroom.

Bedroom 1:4.48m x 3.45m

Master bedroom supporting ample floorspace, bay window and en-suite. Fitted storage. Overlooking the front of the property.

En-Suite: 1.80 x 2.31m

Fitted with shower cubicle, basin, wc, radiator and window.

Bedroom 2: 3.58 x 3.47m

Large secondary bedroom overlooking the rear of the property. Fitted storage.

Bedroom 3: 3.18 x 2.66m

Overlooking the rear garden and supporting en-suite.

En-Suite: 0.84 x 2.64m

Fitted with shower cubicle, basin, wc and heated towel rail.

Bedroom 4: 3.17 x 2.66m

Overlooking the front of the property and supporting en-suite.

En-Suite: 0.82 x 2.66m

Fitted with shower cubicle, basin, wc and heated towel rail.

Bathroom:1.86 x 2.29m

Tiled bathroom creating a flush and sleek finish. Bath with shower over, glass shower curtain, wc, basin, radiator and storage.

Outside:

The large, block pathed driveway provides ample space for numerous vehicles as well as space for potted colour and side gated access to the rear garden.

To the rear, you find a stunning 300ft (sts) mature rear garden with an abundance of opportunity due to the size and privacy. From the manageable pond, storage, workshop with power and even the quaint summer house, this wonderful safe-haven only enhances an already desirable family home.

Agent Notes:

Solar panels owned by property, installed approximately 14 years ago.

EPC Rating - C

We endeavour to make sales particulars accurate and reliable. However, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any service, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. Please note that we have not inspected the garage or the loft so we cannot comment on the condition of these.

EPC rating: C. Tenure: Freehold,

Features
  • Freehold

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

£ 444075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 13375
  • 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

£ 42825
  • 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

£
  • 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

Adjust these figures

  %

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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