4 bedroom chalet for sale

£450,000 Offers in excess of

4

Bedrooms

2

Bathrooms

Floorplan

NEW LISTING - Draft details

The property has been extensively renovated and modernized with a superb extension added to the rear providing a triple aspect sitting room with stunning views over farmland. No stone has been left unturned with contemporary bathroom suites, fitted kitchen with breakfast area and a separate dining room. There are two bedrooms on both the ground floor and the first floor with the option of making more reception space if four bedrooms are not required. Stunning farmland views.

FULL DETAILS AND APPROXIMATE ROOM SIZES ARE AS FOLLOWS:

Composite front door with opaque side panels into:

Entrance Hall: 1710' x 58' (5.21m x 1.76m)
Stairs to first floor, radiator, tiled floor, cupboard housing twin consumer units, door to:

Utility Room: 8 x 55' (2.43m x 1.67m)
With shelving, radiator, plumbing for washing machine, tiled floor, coat hooks.

Contemporary Bathroom: 96' x 67' (2.92m x 2.04m) + 57' max x 5 (1.73m x 1.52m)
Fully tiled with tongue and groove panel bath with shower attachment over curtain and rail, dual flush low level w.c., pedestal wash hand basin, window to rear aspect, radiator, extractor.

Bedroom One: 124' x 117' (3.77m x 3.56m)
Window to front aspect, radiator, built-in twin wardrobes, door to:

Ensuite Shower Room: 62' x 53' (1.88m x 1.61m)
Comprising walk-in 1600 base shower with glazed splash screen, wash hand basin with vanity cupboard under, dual flush low level w.c., chrome heated towel rail, tiled walls and floor, extractor.

Bedroom Two: 123' x 117' (3.74m x 3.56m)
Window to front aspect, radiator, twin wardrobe cupboards.

Kitchen/Breakfast Room: 192' x 87' (5.85m x 2.65m) + 123' x 119' (3.74m x 3.62m)
L-shaped fully fitted grey units, cupboards and drawers under square edge butchers block work surfaces, composite one and a half bowl sink and drainer with swan neck h&c mixer over, built-in oven, inset ceramic hob, stainless steel chimney style extractor over, built-in dishwasher, larder cupboard housing wall mounted oil fired boiler, water softener, radiator, window to side aspect, door to side patio, additional built-in Smeg eye level oven and combination oven, space for fridge/freezer, airing cupboard with pressurised hot water cylinder, French doors to Sitting Room, door to:

Dining Room: 22' x 89' (6.97m x 2.71m)
With two windows to side aspect, tiled wood effect floor, radiator, recessed shelving.

Sitting Room: 1810' x 152' (5.51m x 4.63m)
With triple aspect windows and French doors, parkay floor, feature fireplace with wood burning stove, radiator, stunning farmland views.

First Floor Landing:
With access to bedroom accommodation.

Bedroom Three: 122' x 114' (3.71m x 3.47m)
Window to rear aspect, radiator.

Bedroom Four: 114' x 9 (3.47m x 2.74m)
With velux window to rear aspect.

Outside:
Edale is approached over a splayed stoned driveway, through a five bar gateway opening onto a gravelled parking and turning area for multiple vehicles. Sandstone pathways lead to the side entrance gates and to the front entrance door. Timber log store and detached garage, currently used as a workshop with power and light connected.
There is a fenced boundary to the side and hedging to the front, overlooking the ancient Long Green of the village.

Through the side entrance, access leads to a patio area with sleeper edged shrub bed and access to the kitchen, dining room and outdoor entertainment room via glazed doors. Open to:

A lawned area and further paving lead round to the westerly facing rear garden with raised patio area with potted plants and well-stocked flower and shrub borders with sleeper edging and superb countryside views over thatching straw fields behind.

Freehold
East Suffolk Council, East Suffolk House, Station Road, Melton, Woodbridge, IP12 1RT
Tax Band C
EPC: E

Regulations 2017 - Under Money Laundering, Terrorist Financing and Transfer of Funds
As Estate Agents, we are required to obtain identification from buyers/sellers in the form of either the photo page of a driving licence or passport, the document must still be valid for use. In addition, we will request proof of address in the form of a utility bill (with the name and address of the buyer clearly marked within the document).
This must not be more than three months old.
Under the terms of the regulations, we are also required to clarify, where the purchase funds will be obtained from.

Map location is not available for this property.

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

£ 373950

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
    £ 11250
  • 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

£ 36450
  • 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

Adjust these figures

  %
  %
£
  %

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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