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£425,000 Offers in excess of
Bedrooms
Bathrooms
Situated on the sought-after Bixley Farm development in a cul-de-sac is this detached family home. As well as having a sitting room and dining room there is a good size kitchen/breakfast room, bathroom and en-suite. It also has garage and parking.
Situated on the sought-after Bixley Farm development in a cul-de-sac position is this modern four bedroom detached family home. As well as having a sitting room and dining room there is a kitchen/breakfast room which overlooks the garden. In addition to the first floor bathroom there is an en-suite shower room to the main bedroom. There is parking for numerous cars, garage and a walled garden.
The reception hall has stairs to the first floor and doors off. The sitting room has a bay window to the front and book shelving under the stairs. Adjacent is the dining room which has doors opening on to the garden. The cloakroom has a suite of basin and WC. The kitchen/breakfast room has an extensive range of base and eye-level units, work surfaces, island unit with breakfast bar, integrated double oven, gas hob and extractor fan along with space for further appliances. There is a window to the rear and doors to the garden and garage.
The landing has access to the four bedrooms and the family bathroom. The main bedroom has a window to the front, built-in wardrobes and door to the en-suite which comprises walk-in shower, basin and WC. There are three further bedrooms, one with a built-in wardrobe. The family bathroom has a suite of bath, shower cubicle, basin and WC.
There is a block paved driveway providing parking for numerous cars which in turn leads to the single garage which measures 179 x 82 and has an up/over door. The remainder of the front garden is predominantly laid to lawn with a variety of shrubs and trees.
The rear garden has been landscaped with a decking area to the rear of the garden, enclosed by a high-level brick wall and fencing along with a number of shrubs and borders.
Location
Kelvedon Drive is located on the eastern outskirts of the town on a modern development known as Bixley Farm. There are amenities within the development along with a public house on Foxhall Road and excellent links to the A12/A14.
Ipswich town centre is also easily accessible with an abundance of shopping facilities, coffee houses, bars and restaurants. Further amenities including John Lewis, Waitrose and Sainsburys are also within close proximity.
Directions
From our Kesgrave office head south along Bell Lane and at the T-junction turn right onto Foxhall Road passing the Nuffield Hospital. Continue up the hill and turn right into Broadlands Way and proceed for some distance, take a right into Kelvedon Drive and then immediately left into a small cul-de-sac with four houses, number 1 will be found at the end.
Important Information
Council Tax Band - E
Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold
EPC rating - tbc
Our ref - PJR/JAL
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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