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£425,000 Offers in excess of
Bedrooms
Bathrooms
This former show home on the eastern outskirts of Ipswich is situated on a corner plot in the popular location of Bixley Farm.
Offered with no onward chain the property also benefits from kitchen/breakfast room, dining room, sitting room, four bedrooms and an en-suite to the main bedroom. There is also a double garage and parking.
The reception hall has stairs leading to the first floor and doors to the sitting room, kitchen/breakfast room and WC. The sitting room overlooking the front aspect has a feature fireplace and an opening to the dining room which has double doors to the rear garden and door to the kitchen/breakfast room. The kitchen has a range of base and eye-level units, work surfaces, electric oven, gas hob, built-in fridge, built-in freezer and space for further appliances. There is a door to the garage and a door leading to the rear garden.
On the landing there is an airing cupboard and doors to all other rooms. The main bedroom has built-in wardrobes and an en-suite which comprises a basin, WC and shower. There are three further bedrooms with bedrooms two and three both having built-in wardrobes. Bedroom four could be used as a home office. The family bathroom comprises a basin, WC and bath.
Outside
To the front of the property, the garden is mainly laid to lawn with three flower beds. The garden wraps round to the side of the property. There is a driveway which provides parking for two vehicles and leads to the double garage with two up/over doors along with power/lighting and doors to the kitchen and rear garden which is mainly laid to lawn.
Location
Ickworth Crescent is on the eastern outskirts of the town on the modern development known as Bixley Farm. There are amenities within the development along with a public house close by 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
Please use a Sat Nav with the postcode of IP4 5PQ and for further directions please contact a member of our sales team on .
Important Information
Tenure - Freehold
EPC rating - C
Council Tax Band - E
Services - Mains water, drainage, gas and electricity are connected.
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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