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Nunns Mill , Quayside, Woodbridge
£800,000 Guide Price
Bedrooms
Bathrooms
Situated in the centre of Woodbridge is a small development of modern properties is this substantial link-detached property offering contemporary accommodation.
Situated in the centre of Woodbridge, a stones throw from Market Hill and The Thoroughfare is this substantial modern residence offering accommodation measuring in excess of 1900 sq.ft.
Built by Ellison Steady and Hawes, it offers a fantastic open-plan kitchen/dining room and a separate generous sitting room. The property is available with vacant possession and no onward chain.
The accommodation comprises a reception hall with stairs to the first floor and doors off to all rooms. There is a cloakroom with basin and WC.
To the rear of the property is a 35 kitchen/dining room with an extensive range of contemporary base and eye level units, with matching central island. Large sliding doors open out to the garden, double doors lead into the sitting room and there is a door to a utility room which also provides access to the garage.
The sitting room has a fantastic corner window as well as a window to the front and a door leads back to the hall.
The first floor landing has doors off to four bedrooms. The main bedroom has sliding doors onto a balcony and an en-suite comprising shower, basin and WC. The family bathroom has a bath, basin and WC.
Location
Woodbridge is known as 'the gem in Suffolks crown', best known as being home to one of the oldest working tide mills in the UK and the iconic Shire Hall on Market Hill, a stones throw from the property. There are a number of popular schools nearby including Woodbridge Prep & Independent school, Woodbridge primary & Farlingaye High School.
There is an independent cinema, a number of high street and boutique shops, leisure centre and swimming pool, and a range of fantastic places to eat and drink. There is a railway station with links to Ipswich with connecting services to London, Norwich and Cambridge.
Directions
Please use IP12 1DX as point of destination.
Important Information
Services - We understand that mains water, drainage and electrcity are connected to the property. Heating via an air source heat pump.
Tenure - Freehold
Council tax band - F
EPC rating - B
Our ref; CJJ
Agents note -
Please note that there will be an annual estate service charge of approximately 975.
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.
Nunns Mill , Quayside, Woodbridge
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