Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£395,000
Bedrooms
Bathrooms
This well-proportioned four bedroom detached family home is situated on a popular residential development in the village of Great Cornard and benefits from a larger than average garden and part converted garage to form an additional dining space.
An entrance hall with access to the downstairs WC, kitchen and living area. The well-appointed kitchen includes shaker style wall and base units with built in double electric oven, inset four ring gas hob with extractor over as well as one and a half bowl sink and drainer. There is also plumbing for a dishwasher, washing machine as well as space for fridge freezer. The kitchen includes ceramic slate tiled flooring and has a door to the side access.
The good size living space at the back of the property has been improved by its current owners by converting part of the garage to form a new dining area. The living room includes a storage cupboard under the stairs and French doors to the rear garden with an air conditioning unit on one wall and open access to the dining room which itself benefits from sliding patio doors to decking with an internal access door to the garage.
On the first floor the bright landing includes an airing cupboard, access to the four bedrooms and family bathroom and loft access which we understand is partial boarded with fitted strip lights for additional storage. The main bedroom is found at the front of the property and benefits from two lots of built in wardrobes and a well presented en-suite shower room. Bedrooms two and three are good size doubles again with built in wardrobes whilst bedroom four is a smaller double room which overlooks the rear garden and also benefits from a built in wardrobe. The accommodation concludes with the family bathroom comprising panel enclosed bath with mixer tap and shower fitment, part tiled walls, W.C and a wash hand basin.
Outside
The front of the property has been changed by the current owner to provide off road parking for two cars with a paved slope to the front door and an up and over door to the garage. There is side access to the rear garden which can be accessed internally from the living and dining rooms. To the other side of the property there is outside storage running the length of the house.
The good size rear garden is mainly laid to lawn with a patio and decked seating area leading to a bespoke hot tub house with integrated power and lighting. The garden is laid to lawn with Apple and Blueberry tree with raised Rose beds one side of the Patio.
Location
The property is found within a popular development within the village of Great Cornard and benefits from being walking distance to nearby primary schools and the Thomas Gainsborough secondary school complete with an adjoining leisure centre. There is a good range of countryside on offer just a short walk away with the village itself containing a number of shops and pubs. The nearby market town of Sudbury is found a short drive away. Sudbury benefits from a branch rail link to London Liverpool Street via Marks Tey.
Directions
Please use the postcode CO10 0FS for SatNav.
Important Information
Council Tax Band - D
Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold
EPC rating - C
Ref - SUD250146/SP
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
