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£895,000 Guide Price
Bedrooms
Bathrooms
Part of our Signature collection, an individual detached house offering accommodation of around 3150sq ft which is set on a plot approaching one third of an acre on a private lane to the East side of Ipswich that offers excellent access to the A12/A14 trunk roads.
Along with parking and a double garage there are four reception rooms and en-suite facilities to both the main bedroom and guest bedroom. The property is set on the much-favoured east side of the town providing good access to the A12/A14 and a range of local amenities.
The property is accessed via the substantial reception hall which has stairs to the first floor. Double doors lead into the impressive sitting room which has a feature fire surround, window to the front and French doors to the rear garden. Also from the hall are double doors into the dining room which has a window overlooking the garden. The substantial kitchen/breakfast room is equipped with an extensive range of base units, wall cupboards, work tops and drawers. There is a central island unit, a range-style cooker with extractor hood over and an integrated dishwasher. There is a separate family room which is located to the front and also a study to the front. A utility room provides a further range of base units, work tops and drawers. Adjacent to this is a boot room and a separate cloakroom comprises a WC and basin.
The first floor landing has stairs to the second floor and provides access to five double bedrooms and the family bathroom. The main bedroom suite is located to the rear with a dressing area which has built-in wardrobes and there is an en-suite comprising a bath, separate shower, his and hers wash basins and a WC. Bedroom two, which is a substantial double room, is located to the front and an en-suite shower room. Bedroom three has a window to the front and a range of built-in wardrobes and bedroom furniture. Bedrooms four and five, both of which are generous double rooms, are located to the rear with bedroom five having built-in wardrobes. There is a family bathroom comprising a bath, separate shower, WC and basin.
The second floor landing provides access to bedroom six with two velux windows to the rear. There is a further door from the landing into the loft space which has a boarded floor, light and power connected.
Outside
The property is recessed from the Bixley Lane by a substantial driveway and parking area which is predominantly laid to shingle, there are a range of flower beds and shrubs. There is also a detached double garage with a window to the side, eaves storage, two up/over doors to the front elevation, light and power connected and subject to the relevant consent the double garage may be suitable for further development into an annexe.
To the rear of the property there is an established and mature landscaped garden. To the immediate rear of the property is a pond with a bridge over. The remainder of the garden is predominantly laid to lawn with both patio and decking areas. There is a range of mature trees, flower beds and shrubs. Away from the main garden is a dogleg to the left where there is a covered store area, two sheds with the remainder of the garden laid to lawn.
Overall there is a plot of 0.31 of an acre.
Directions
Using a Sat Nav with the postcode IP4 5UA and upon heading up Broadlands Way take a right hand turn into Bixley Lane where the property is the last house on the left hand side.
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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