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£275,000 Guide Price
Bedrooms
Bathrooms
Cosy detached cottage in the heart of the popular and well served village of Wangford. Situated approximately three miles from the renowned coastal town of Southwold, forming part of the Suffolk Heritage Coast, an Area of Outstanding Natural Beauty, the village is well served by; two public houses, general store, doctors surgery, vets, tennis courts, farm shop, allotments, village church and the Wangford community centre. Wangford is also on the doorstep of the Henham Estate, known for hosting the Latitude Festival.
Description - This charming, detached cottage is nestled in the heart of a conservation area, right in the village centre. Offering a cosy, welcoming atmosphere, the home features a fitted kitchen perfect for preparing meals, and a comfortable sitting room ideal for relaxing. The cottage boasts two first-floor bedrooms, each with a tranquil view, and a well-appointed bathroom. From the property, enjoy lovely views of the picturesque cottage-lined High Street and the village church. Just 3 miles from Southwold and the stunning East Suffolk Heritage Coast, this quaint home offers the perfect retreat in a peaceful, historic setting.
ACCOMMODATION
ENTRANCE LOBBY
Tiled floor
KITCHEN
Fitted with a range of base and wall cupboards, work surfaces and breakfast bar, tiled surrounds and single drainer sink unit. Fitted electric oven and hob. Windows to front and side elevations.
SITTING ROOM
Windows over looking the High Street. Staircase to the first floor.
FIRST FLOOR
LANDING
BEDROOM
Windows overlooking the Churchyard and High Street.
BEDROOM
Windows to front and side elevations.
BATHROOM
White suite with panel bath and shower over, hand basin and WC. Window to front elevation.
Tenure - Freehold.
Outgoings - Council Tax Band currently deleted.
Services - Mains gas, electricity, water and drainage.
Viewing Arrangements - Please contact Flick & Son, 8 Queens Street, IP18 6EQ for an appointment to view. Email: . Ref. 20725/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.
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