3 bedroom semi-detached for sale

£280,000

3

Bedrooms

2

Bathrooms

Floorplan

Located in the sought after Woodland Rise development, this three bedroom semi-detached home is perfect for young familiies or couples seeking a convenient location. The property offers driveway parking and a modern and sleek finish throughout including en-suite to main bedroom.

Situated close to amenities this property is one not to miss!

As you enter you will find an entrance hallway leading to the W.C and the spacious living room, this room has large front aspect windows, carpet flooring, radiator and entrance to the kitchen/diner. The kitchen/diner benefits from French doors opening to the garden along with rear aspect window, worksurface surround including stainless steel sink and drainer, integral electric oven with inset hob and extractor fan, space and plumbing for appliances such as washing machine, dishwasher and a fridge/freezer. You will also notice access to an under stairs storage cupboard.

Upstairs comprises of three bedrooms, the main bedroom boasting rear aspect windows overlooking garden and Sudbury views. There is carpet flooring, radiator and access to an en-suite. The en-suite has a corner walk in shower with half tiled walls, W.C, wash hand basin and a radiator. Next door is bedroom three which is currently used as a study and benefits from rear aspect views, carpet flooring. Bedroom two has front aspect windows, radiator, carpet flooring along with the bathroom featuring frosted front aspect windows, bath tub, half tiled walls, wash hand basin and a W.C. The landing gives access to an over stairs airing cupboard.

Outside
The property boasts a generously sized driveway large enough for multiple vehicles to park in tandem. You will find a side gate leading to the rear garden which is predominantly laid to lawn and enclosed with wooden panel fencing. The garden has mature shrubs surround and fruit trees growing. The rear garden also has a tool shed and access to additional strip of land.


Location

The property is found within the popular Woodland Rise development within the village of Great Cornard and benefits from beign walking distance to nearby primary schools such as Wells Hall Community Primary School. 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 0FN for SatNav.

Important Information

Council Tax Band - C
Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold
EPC rating - B
Ref - SUD250154/MR

Agents note
We understand that there is an estate management charge of approx. 250 per annum.

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

£ 233700

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 7000
  • 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

£ 23700
  • 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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