4 bedroom detached for sale

£535,000 Guide Price

4

Bedrooms

3

Bathrooms

A substantial detached family home, situated in the popular Longwood Fields development, built by Bloor Homes in 2018. The property offers spacious accommodation with two reception rooms, open plan living and ensuite shower rooms to two bedrooms.

This four bedroom home occupies a pleasant position with rear views out to the surrounding paddocks, with a single garage and driveway.

The front door opens into the spacious entrance hall, where there are doors to all rooms, stairs to the first floor, a double storage cupboard and a ground floor wc.
To the left is the sitting room which enjoys a window to the front aspect. On the opposite side of the hall is the study, which has a bay window and a dual aspect.
The ground floor accommodation is completed by the open plan kitchen/dining/sitting room to the rear of the home, which offers an excellent entertaining space. There is a half vaulted ceiling with Velux windows over the sitting area, and double doors to the patio. The kitchen has been fitted with a number of eye level and base units with worktops over and an inset sink and drainer. There is an integrated fridge freezer, dishwasher, double oven, and an island with further units, an electric hob and an extractor fan over. Another set of double doors lead from the kitchen out to the garden.
Just off the kitchen area is the utility room, which has matching units and a sink, along with space for a washing machine and tumble dryer.

The first floor accommodation comprises of four bedrooms, with two ensuite shower rooms, and the main bathroom. Both bedrooms one and two benefit from fitted, floor to ceiling, mirrored sliding wardrobes. There is an airing cupboard and loft access on the landing.


Outside
There is a single garage located to the rear of the property, with ample space for off road, tandem parking. A gate from the driveway leads into the rear garden which is securely fenced and mainly laid to lawn with flower beds lining the perimeter.


Location

Beadon Way is situated in the popular area of Melton, within easy reach of Woodbridge town centre and the River Deben. Woodbridge offers a wide range of shopping facilities, as well as many pubs and restaurants, a community hall, cinema, swimming pool and a railway station with links to Ipswich, the county town of Suffolk. Melton has a local Spa store, a recreational ground with tennis courts, a butchers and petrol station.

Directions

Please use the postcode IP12 1NB as point of destination.

Important Information

Tenure Freehold
Council Tax Band - F
Services we understand that mains gas, electricity, water and drainage are connected to the property.
EPC rating - B
Our ref JED

There is an annual service charge and from the 1st February 2024 to 31st January 2025 was 233.68.

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

£ 444075

Mortgage Loan to Value

%

Gross Yield

%

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
    £ 13375
  • 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

£ 42825
  • 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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