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£325,000
Bedrooms
Bathrooms
Pleasantly located on the Bixley Farm development is this extremely well presented town house benefitting from off road parking and a private rear garden.
The property offers easy access to the hospital and town centre and there are amenities close by.
Upon entering the property is the entrance hall with stairs leading to the first floor and access into bedrooms two and three, the family bathroom and the utility room. The utility room has storage provided by matching wall and base units, space and plumbing for a washing machine, houses the boiler and gives access to the rear garden.
The light and airy first floor landing leads to the open-plan living accommodation with the sitting area being at the front of the property and the kitchen/dining room at the rear. The well-proportioned dining area has plenty of space for a family dining table whilst the kitchen has plenty of storage provided by matching wall and base units, along with a range of integrated appliances including a dishwasher, fridge and oven with a separate gas hob with fan over.
The second floor landing features a storage cupboard and a door to the master bedroom which benefits from a built-in wardrobe and en-suite shower room.
The Outside
To the front of the property there is a driveway providing off road parking. Side access leads to the private rear garden which features a decking area running along the rear of the property, whilst the remainder is laid to lawn
Location
The property is situated on the ever popular Bixley Farm Development which lies just to the east of Ipswich, close to local schools. There are a variety of local amenities and being on the outskirts of Ipswich there is good access to a range of other facilities and the A14 trunk road. The area is easily accessible to Ipswich mainline railway station with onward travel to London Liverpool Street.
Directions
From our Main Road, Kesgrave office head in a westerly direction turning left at the traffic lights onto Bell Lane. At the end of Bell lane, turn right onto Foxhall Road and follow the road along passing the Nuffield Hospital on the left. Take the first right onto Broadlands Way followed by the first exit at the mini roundabout onto Shrubland Drive. Turn right onto Audley Grove where the property can be found on the right hand side.
Important Information
Council Tax Band - C
Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold
EPC rating - C
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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