5 bedroom detached for sale

£725,000 Offers in excess of

5

Bedrooms

3

Bathrooms

Floorplan

A beautifully presented Potton house set in 1/2 of an acres of private gardens situated in a private road of four houses a short walk for the centre of the popular and well served market town.
The market town of Saxmundham lies just off the A12 with a good range of traditional shops in its High Street centre, with further amenities within the town including both primary and free schools, library, doctors, dentists, surgeries, and Waitrose and Tesco supermarkets. The local railway station which lies just a short walk of the town centre, gives hourly services to Ipswich, which has regular services to London Liverpool Street.

Description - A beautifully presented Potton house, situated in a private road of four houses a short walk for the centre of the popular and well served market town. Potton houses are well known for their Tudor style timber frames with exposed posts and beams, Inglenook fireplaces, latch doors opening to well proportioned individual rooms creating great charm and character in this substantial modern family home. Set back from the road and access via a gated driveway, ample parking and access to a triple garage with annex over, Sage Cottage stands in private gardens extending to 1/2 of an acre (subject to measured survey) enjoying a westerly and easterly aspect with extensive lawns with wide paved patio and borders, planted with a wealth of flowering plants roses and shrubs. Presented in excellent order throughout the accommodation features:

Accommodation -

Reception Hall - Staircase rising to the first floor and galleried landing. Storage underneath stairs.

Cloakroom - Suite comprising hand basin and W.C.

Study - Window overlooking the front garden.

Sitting Room - Triple aspect over looking the gardens to front and side. Imposing inglenook fireplace with timber bressummer and wood burning stove. An open lobby connects the sitting and living/dining rooms with side entrance door and storm porch opening to the garden on one side.

Living/Dining Room - Substantial brick inglenook fireplace with timber bressummer and pament tiled hearth. Casement doors open to the conservatory.

Conservatory - Double glazed, tiled floor, side entrance door and casement doors opening to a wide paved patio and the garden.

Kitchen/Breakfast Room - Fitted with a high quality range of base and wall cupboards, polished granite work surfaces with tiled surround and two sink units. Gas & electric range cooker with cooker hood over. Concealed larder fridge and dishwasher. Windows over looking the gardens.

Utility Room - Matching base and wall cupboards, work surfaces with enamel single drainer sink unit. Plumbing for washing machine and space for tumble dryer. Entrance door to a rear porch.

Cloakroom - Suite comprising hand basin and W.C.

First Floor -

Galleried Landing - Linen cupboard with slatted shelves.

Bedroom - Twin walk in wardrobes. Window overlooking the front garden.

Ensuite - White suite comprising double end bath, tiled shower cubicle, hand basin with storage below and W.C. Floor and wall tiling. Underfloor heating.

Bedroom - Window to side elevation.

Bedroom - Window to rear elevation.

Bedroom - Window to rear elevation. Built in wardrobe.

Bedroom - Window to rear elevation. Built in wardrobe.

Bathroom - White suite comprising panel bath with shower over, hand basin and W.C.

Triple Garage & Annexe - A detached garage block with three sets of entrance doors, power points lighting and heating. Windows at either gable and side entrance door to the garden. A covered external staircase rises to a veranda with entrance door to the Annexe; open plan kitchen/living room/bedroom with dormer windows, fitted kitchen units and separate shower room.

Tenure - Freehold.

Outgoings - Council Tax Band currently G.

Services - Mains gas, electricity, water and drainage.

Viewing Arrangement - Please contact Flick & Son, Ashford House, High Street, Saxmundham, IP17 1AB for an appointment to view. Email: Tel: Ref: 20677/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.

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

£ 600825

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
    £ 18125
  • 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

£ 57075
  • 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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