4 bedroom semi-detached for sale

£350,000 Guide Price

4

Bedrooms

1

Bathrooms

Floorplan

Offered for sale with a complete chain, this well presented home is situated nearby to local amenities, the train station and walks around River Deben.

This four bedroom semi-detached house offer spacious accommodation with an L-shaped sitting room, a dining room and conservatory. New carpets have recently been fitted to the first floor and sitting room

The front door opens into the entrance hall which has a door into the ground floor wc and a door to the main accommodation.
The sitting room enjoys a front aspect with a bay window, along with a wood burner.
The dining room has been fitted with engineered wood flooring and also has double doors out to the conservatory.
The kitchen has been fitted with a number of eye level and base units with worktops over and a sink and drainer. There is a fitted oven, with hob and extractor, an integrated dishwasher, fridge and freezer, water softener and space for a washing machine. A door from the kitchen leads out to the rear garden.

The first floor accommodation comprises of four bedrooms, and the main bathroom. Bedroom one and four have a front aspect, with fitted floor to ceiling wardrobes in bedroom one, and storage in bedroom four. The remaining two bedrooms have a rear aspect, with wardrobes in one. The main bathroom has been fitted with a bath with shower over, a wc and a basin inset into a vanity unit. There is a double storage cupbaord on the landing, which houses the hot water tank.

Outside
The property is approached by a driveway leading to the garage. There is space for tandem parking in front of the garage and an area of paving for a third car at the front of the property.

The rear garden is securely fenced and mainly laid to lawn with a number of mature flower beds lining the perimeter. There are ornamental and edible cherry, pear and plum trees along with a vegetable patch. There are steps up to the lawned garden, with a lower patio area accessed from the kitchen and conservatory.


Location

Please use the postcode IP12 1RD for point of destination.

Important Information

Council Tax Band - C
Services - We understand that the property is connected to mains electricity, water and drainage. There is a gas connected to the road which would need to be connected to the property.
Tenure - Freehold
EPC rating - D
Our ref - JED

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

£ 291450

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
    £ 8750
  • 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

£ 28950
  • 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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