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£350,000 Offers in excess of
Bedrooms
Bathrooms
Situated on the eastern outskirts of Ipswich is this detached chalet which offers parking, garage, south facing rear garden, extended sitting room, conservatory and a separate dining room.
Foxhall Road is to the east of Ipswich which offers excellent access to the A12/A14, good school areas, local amenities and Ipswich Hospital.
The reception hall has doors off and an airing cupboard. The sitting room has double doors leading into the conservatory and a door to the dining room. The dining room has a door into the reception hall. The kitchen has a range of base and eye-level units, work surfaces, sink, free-standing oven, hob, space for a washing and fridge/freezer. There is a side door leading to the driveway and the rear garden. The family bathroom has a basin, WC, corner bath and a separate shower. To the front of the bungalow are two double bedrooms, both with bay windows.
To the first floor there is a study/bedroom four which has eaves storage and an opening through to the main bedroom which has two velux windows and a cloakroom which has a basin and WC.
Outside
To the front of the property is a driveway laid to shingle, hedging and a single detached garage with up/over door along with power and lighting.
The south-facing rear garden is mainly laid to lawn with a raised deck area, patio area and various shrubs and borders.
Location
Foxhall Road is situated on the eastern outskirts of Ipswich providing excellent links to a number of local amenities including a parade of shops, Broke Hall development, Ipswich Hospital and the Golf Public House. Both the A12 and A14 are within easy reach as is Ipswich town centre which offers a variety of shopping facilities, coffee houses bars and restaurants.
Directions
Please use a SatNav with postcode IP4 5TE, for further directions please contact a member of our sales team on .
Important Information
Council Tax Band - E
Services - Mains water, drainage, gas and electricity are connected.
Tenure - Freehold
EPC rating - D
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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