5 bedroom bungalow for sale

£1,100,000 Guide Price

5

Bedrooms

4

Bathrooms

Floorplan

Part of our Signature collection, set on a plot of approximately one acre is this bungalow which offers accommodation of around 3000sq ft which is set in a sought after location


Set on the sought-after Playford Road is this substantial five double bedroom detached bungalow that offers accommodation of circa 3,000 sq.ft.

Situated on a plot of around one acre the property has a south-facing rear garden that backs onto open fields and has field views to the front. There is underfloor heating to the reception rooms, double glazed windows, an impressive open-plan kitchen/dining/living/family space and en-suite facilities to four of the five bedrooms.

The substantial hall has a wooden floor and built-in storage cupboards. Overlooking the rear garden, with both bi-fold doors to the rear and side, is the sizeable sitting room which has a wood floor and a feature woodburner. There is an impressive open-plan kitchen/diner which has a dual aspect outlook and is equipped with a range of fitted base units, wall cupboards, work tops and drawers. There is a double electric oven, microwave, warming plate, dishwasher, induction hob and extractor hood. The kitchen/diner opens up into an impressive family/living room which has windows to the side and bi-fold doors opening onto the rear patio. Adjacent to the kitchen area there is also a utility room and there is a separate study which has a wooden floor and a dual aspect outlook.

The main bedroom is equipped with a range of fitted bedroom furniture and has bi-fold doors onto the rear patio. Adjacent to this is the first of four en-suites and comprises of a bath, separate shower, WC and basin. Bedrooms two and three are both impressive double and both have en-suite facilities comprising of a bath, basin and WC. Bedroom four has a range of built-in bedroom furniture and bedroom five has a built-in wardrobe and also has a Jack and Jill style en-suite shower room that can also be accessed via the hall.

Outside
To the front of the property there is a substantial garden with a five-bar electric gate with the remainder of the front garden laid to lawn with a range of mature trees. The sweeping driveway leads into a large parking area where there is a double garage with electric door to the front elevation. There is space and turning for a number of vehicles. There are field views to the front.

The south-facing garden has a large patio area and is predominantly laid to lawn with an extensive range of mature trees, flower beds and shrubs.


Location

The bungalow is set in Little Bealings which is located to the north-east of Ipswich and west of Woodbridge. Little Bealings is held in high regard locally providing good access to both Ipswich and Woodbridge.

Directions

Using a Sat Nav with the postcode IP13 6ND and if travelling along the Playford Road in an easterly direction the bungalow can be found on the right hand side.

Important Information

Council Tax Band - F
Services - Mains water and electricity are connected. Oil-fired central heating and private drainage.
Tenure - Freehold
EPC rating - C



Features
  • Freehold

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

£ 906450

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
    £ 27500
  • 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

£ 81450
  • 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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