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£500,000
Bedrooms
Bathrooms
At the end of a peaceful cul-de-sac in the picturesque and historic rural village of Cavendish is this extended four bedroom detached chalet bungalow benefitting from field views, a generous rear garden, integral garage and driveway.
The property offers flexible living accommodation with two bedrooms on the ground floor and a further two bedrooms on the first floor.
The entrance hallway has stairs rising to the first floor, a radiator and built-in storage cupboard.
To the right is the lounge/diner with French doors opening to the rear garden, a fireplace, a separate log burner, a large window to the front aspect and access to an understairs storage cupboard.
The kitchen is fully fitted with modern units including a four ring electric hob and an inset sink and drainer. There is a utility room which houses the boiler and has a sink . The garden room has bi-fold doors to the rear garden.
The extension on the ground floor has a doorway opening to the integral garage which has power connected and an up and over garage door.
The main bedroom has a window to the rear aspect and an en-suite comprising a walk-in shower with rainforest shower head, LED spotlights, a heated towel rail, tiled walls, wash hand basin with vanity unit and a WC.
The fourth bedroom is currently used as a study and has a window to the front aspect and a radiator.
The first floor landing has a skylight window and leads to two bedrooms and a bathroom. Bedroom two is the original main bedroom and has dual aspect windows with field views, two radiators and built-in storage cupboards.
Bedroom three has a radiator and a window to the side aspect.
The bathroom has a window to the rear aspect, radiator, walk-in shower with overhead rainforest shower and a WC.
Outside
The front garden has a driveway leading to the integral garage and a well-maintained lawn bordered by mature shrubs.
To the rear is a well-proportioned garden that exceeds the full width of the property, featuring a lawn, established flower beds and a variety of shrubs.
Location
Cavendish is a very attractive and highly regarded Suffolk village centred around the Village Green with a selection of restaurants, a good community feel and a community shop. The village has a local school and bus service connecting to nearby Clare which has a wider range of local amenities including bank and small supermarket. The main market town of Sudbury is approximately 6 miles away and has a broader range of facilities including a branch line railway connecting at Marks Tey to the main line and on to London Liverpool Street.
Directions
Please use postcode CO10 8AB for SatNav.
Important Information
Council Tax Band D EPC Rating - D
Services - We understand that mains water, gas, drainage and electricity are connected to the property.
Tenure - Freehold
Our ref - SUD250177
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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