5 bedroom detached for sale

£760,000 Guide Price

5

Bedrooms

3

Bathrooms

Floorplan

Part of our Signature Collection; The Meadows is a substantial detached family home situated on the popular Earls Meadow development in the village of Easton, constructed in 2019 by award-winning developers Hopkins & Moore.


This attractive modern residence offers generous accommodation including a contemporary open-plan kitchen/dining room as well as a good size sitting room and family room. There are impressive main and guest bedrooms, both with plenty of storage and en-suite shower rooms and it has air source under-floor heating to the ground floor with radiators on the first floor.

The property opens into an L shaped reception hall with built-in cupboard and doors off to all rooms including a cloakroom with basin and WC.

To the right a dual aspect family room which could easily make a great study or ground floor bedroom. At the other end of the hall is the generous sitting room which has a dual aspect including double doors opening onto the patio and there is a feature fireplace with wood burner.

Adjacent is the impressive open-plan kitchen/dining room with windows overlooking the side and rear gardens and double doors open onto the extensive patio. The kitchen has a range of base and eye level units with a matching central island and granite work surfaces. Integrated appliances include a dishwasher, fridge/freezer, an additional fridge, separate freezer and an electric range style cooker with extraction canopy and water softener with water filter. A door leads into the utility room with matching units, space for other appliances and door to the garden.

The landing has doors off to five double bedrooms and the family bathroom which has a white suite comprising bath, basin, WC, shower and heated towel rail. The main and guest bedrooms are of generous proportions and both have built-in wardrobes and en-suite shower rooms with shower, basin, WC and heated towel rail.

Outside
The property has a good size driveway providing parking for a number of vehicles, leading to a double garage with twin up and over doors. There is gated side access and the front garden is stocked with various shrubs.

The rear garden has been beautifully landscaped and wraps round the property, it is enclosed by wooden fencing and is predominantly laid to lawn. The patio has been extended and also wraps round the property linking the sitting room doors to the main entertainment area. There is a covered oak pergola, which can be available by separate negotiation. There are a number of raised sleeper borders with a range of plants, shrubs and a range of trees have been planted across the garden which have already added a good degree of privacy.


Location

Earls Meadow enjoys a peaceful location in the rural village of Easton, nestled in the heart of the Suffolk Countryside. There is easy access to the heritage Suffolk Coast & Heaths Area of Outstanding Natural Beauty.

Everyday amenities including supermarkets, post office, GP and dental surgeries are located in Wickham Market, just 4 miles away. Framlingham is also easily accessible with a wide range of amenities.

The large market town of Woodbridge is under 10 miles away offering a wide range of independent boutique shops, coffee houses, bars and restaurants. Both Wickham Market and Woodbridge benefit from their own rail stations with links to London Liverpool St via Ipswich.

Easton has a fantastic 16th Century public house, the White Horse, within walking distance is Easton Primary School and there is easy access to Thomas Mills High School in Framlingham and Farlingaye High School in Woodbridge.

Directions

Please use IP13 0FA as point of destination.

Important Information

Services - We understand that the property is connected to mains water and drainage and electricity. Heating via an air source heat pump.
Tenure - Freehold
Council Tax Band - G
EPC rating - B
Our ref - CJJ

Agents note;
There is an annual estate service charge of approximately 220 per annum.

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

£ 629700

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 19000
  • 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

£ 59700
  • 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

Adjust these figures

  %

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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