4 bedroom detached for sale

£370,000

4

Bedrooms

2

Bathrooms

Floorplan

A wonderfully unique opportunity to acquire a well-appointed, four bedroom chalet within the village of Carbrooke. This stunning, family home offers an abundance of space and versatility. A true piece of art.

The ever-popular market town of Watton is steeped in history and holds rich agricultural connections. The town is decorated well by local amenities which include: nurseries, primary and secondary schools, GP clinic, dental surgery, pharmacy, opticians, butchers, post office, leisure centre, library, supermarkets and much more.

Local pubs and eateries, serving great food and drink can be found on the doorstep. These include; The Willow House in Watton, The Waggon & Horses in Griston, The Old Bell in Saham Toney and The White Hart in Ashill.

The ability to access surrounding towns and villages such as Dereham, Attleborough, Thetford and Norwich via personal or public transport is ideal for opening up to additional leisure and professional opportunities.

The property comprises; entrance hallway leading into the spacious living room which includes a multifuel burner stove and links the family room/study, supporting a large window allowing for natural light to flow through. The conservatory is open and airy, offering additional space to accommodate any further furniture. Trailing the conservatory you find further reception space creating an ideal space for storage. The open-plan kitchen-diner includes low and eye-level units and has space for free-standing appliances such as a cooker, washing machine, dishwasher and fridge freezer. To complete the ground floor, you find two double bedrooms on the west wing coupled with a three-piece bathroom suite with shower cubicle.

The first floor holds two double bedrooms, with the master benefiting from beautiful views of the distant arable farmland. A contemporary four-piece family bathroom suite with P shape bath and enclosed shower complete the interior of this fantastic home.

The rear garden is part lawn and part terraced, offering a spacious shed and further enhancing the beautiful views surrounding the property. The front of the property provides off-road parking and the driveway with ample space for numerous vehicles.

Council Tax - D

EPC - D

We endeavour to make property particulars accurate and reliable, however, they do not constitute or form part of 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 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.

EPC rating: D. Tenure: Freehold,

Map location is not available for this property.

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

£ 307950

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
    £ 9250
  • 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

£ 30450
  • 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

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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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