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134 High Street, Aldeburgh, Suffolk
£350,000 Offers in excess of
Bedrooms
Bathrooms
A spacious detached bungalow requiring updating, situated on a substantial plot with fine Alde valley views from the garden. Snape has three family-friendly bistro pubs and the internationally famous Snape Maltings Concert Hall, with surrounding shops and caf. Snape is equidistant between the Medieval fishing village of Orford and the popular resort town of Aldeburgh. Both are within the Suffolk Coast and Heaths Area of Outstanding Natural Beauty and are all connected by the Rivers Alde and Ore. The nearby market town of Saxmundham benefits from a branch line railway station that connects to London Liverpool Street via Ipswich and offers two supermarkets. It is also only a few miles away from Friday Street Farm Shop, with caf, butchers and fishmongers, selling local produce and groceries.
Description - Offered for sale with no onward chain is this spacious detached bungalow standing in a large gently sloping garden with fine views over the Alde valley. The property stands in a peaceful close on the east side of the village close to centre and within walking distance of Snape Maltings and the Sailors Path, a fine walk to Aldeburgh. Set well back from the road the driveway provides off road parking and access to a brick and tiled double garage. A sloping lawn with central path leads to the entrance door. A side gate and pathway leads to the rear garden. A patio runs along the side of the building with central steps to the large lawn garden with a variety of shrubs. The sloping gardens rises to point where fine views over the accommodation with oil fired central heating and double glazing. However, is in need of general modernisation and improvement, comprises:
Accommodation -
Storm Porch - Entrance door to:
Entrance Hall - Cloaks storage cupboard
Cloakroom - Suite comprising hand basin and W.C. Opaque window.
Sitting/Dining Room - Brick open fireplace with quarry tile hearth. Window to front elevation. Sliding patio doors open to the rear.
Kitchen - Range of base and wall cupboards, work surfaces, tiled surrounds, single drainer sink unit. Glazed door to:
Rear Porch - Versatile space either used for storage or a boot room. Door to garden
Inner Hallway - Built in airing cupboard.
Bedroom - Window over looking front garden.
Bedroom - Window over looking rear garden. Built in wardrobe.
Bedroom - Window over looking rear garden.
Wet Room - Floor drain shower, wall tiling. Hand basin and W.C. Opaque window.
Tenure - Freehold
Outgoings - Council Tax Band currently D
Services - Mains electricity water and drainage, fibre broadband available
Viewing Arrangement - Please contact Flick & Son, 134 High Street, Aldeburgh, IP15 5AQ for an appointment to view. Email: Tel: Ref: 20482/RDB.
Fixtures & Fittings - No fixtures, fittings, furnishings or effects save those that are specifically mentioned in these particulars are included in the sale and any item not so noted is expressly excluded. It should not be assumed that any contents, furnishings or furniture shown in the photographs (if any) are included in the sale. These particulars do not constitute any part of any offer or contract. They are issued in good faith but do not constitute representations of fact and should be independently checked by or on behalf of prospective purchasers or tenants and are furnished on the express understanding that neither the agents nor the vendor are or will become liable in respect of their contents. The vendor does not hereby make or give nor do Messrs Flick & Son nor does any Director or employee of Messrs Flick & Son have any authority to make or give any representation or warranty whatsoever, as regards the property or otherwise.
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.
134 High Street, Aldeburgh, Suffolk
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