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£325,000 Guide Price
Bedrooms
Bathrooms
Belvoir are delighted to present a thoughtfully extended, three-bedroom end-of-terrace property located on the ever-popular Moreton Hall, Bury St Edmunds.
Moreton Hall offers range ofbenefits and access to all local amenities including bars, restaurants, shops, supermarkets, educational and leisure facilities which can be found a short walk into the bubbling town centre. Likewise, a choice of amenities can also be found within the development.
Public transport links are also available taking you into the town centre, schools and the West Suffolk Hospital.
Quick access to the A14 is ideal for those regularly commuting for professional or leisure needs.
The property comprises of:
Entrance Hallway: 1.72 x 1.73m
The spacious entrance hallway provides access to the lounge and downstairs cloakroom.
Cloakroom: 1.66 x 0.97m
Neutrally decorated, fitted with a low-level W/C and basin
Lounge: 4.63 x 3.64m
Sizeable lounge bathed in natural light courtesy of the double glazing overlooking the front of the property. Double doors open through into the extended kitchen. Staircase leading to first floor with storage beneath.
Kitchen-Diner: 5.69 x 4.47m
Complete with a selection of low and eye-level storage, this extended, modern kitchen-diner provides a fantastic heart to this family home. Integrated appliances include: eye-line oven / grill, gas hob, extractor fan, fridge-freezer, washing machine and dishwasher. The inset sink, downlighting and breakfast bar space add great aesthetic charm as well as practicality. Velux windows and bifold doors add to the contemporary aesthetic.
Bedroom 1: 2.67 x 2.90m
Sizeable master bedroom is neutrally decorated, fitted wardrobes and access to en-suite. Overlooking the front of the property.
En-Suite: 2.29 x 1.54m
Comprising of a low-level W/C, basin and fitted walk-in shower, with heated towel rail.
Bedroom 2: 2.76 x 2.43m
A second double bedroom overlooking the front of the property.
Bedroom 3: 2.76 x 2.23m
Albeit the smallest, bedroom 3 could benefit as a small double room, or sizeable single. Previously this space has been utilised a dressing room, but could easily accommodate this alongside an office / study space for those who work from home.
Bathroom: 2.29 x 1.89m
Completing the second floor, the family bathroom supports a shower over bath, low-level W/C, basin, heated towel rail, and extractor fan.
Outside:
The fully enclosed private rear garden provides extended decking for an outside dining area creating a fantastic hosting space in the summer months, before lawn completes the remaining space. Wooden sleepers provide a bedding area running parallel down the garden. Ample space for further potted greenery or mature shrubs.
Driveway parking in front of the single garage, with power, sit to the side of the property.
Agent Notes:
Mains drainage. Mains gas. Freehold. No Onward Chain. Council Tax Band: B
EPC 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.
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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