3 bedroom semi-detached for sale

£295,000 Guide Price

3

Bedrooms

3

Bathrooms

Floorplan

PRELIMINARY DETAILS

This very energy efficient home was built approximately six years ago and forms part of the popular and well regarded Castle Keep development by Taylor Wimpey, the house stands well with concealed parking behind and pleasant roofscape views from the first floor.
Accommodation is extremely well presented, both light and spacious and comprises of entrance hall, sitting room, cloakroom, comprehensively fitted kitchen/dining room to the rear with French doors opening onto the landscaped garden. On the first floor there is a principle bedroom with en-suite shower room, two further bedrooms and a family bathroom.
The property is accessed over a paved entrance path to the front door, with a small area of garden adjoining the front of the property enclosed by hedging and stock railings. There is a rear entrance gate from the garden, which leads out to the parking area with garaging.

Recently built the property will be sold with the remainder of its 10 year NHBC warranty.

FULL DETAILS AND APPROXIMATE ROOM SIZES ARE AS FOLLOWS:

Entrance Hall: 64' max x 52' max (1.95m max x 1.58m max)
With radiator, consumer unit, stairs to first floor, door to:

Sitting Room: 139' x 121' (4.23m x 3.68m)
Feature stone electric fireplace, PVCu window to front aspect, radiator, door to:

Inner Hall:
With door to cloakroom, cupboard understairs, open to:

Kitchen/Breakfast Room: 156' x 94' (4.75m x 2.86m)
Fully fitted with cream shaker style high and low level units with cupboards and drawers under roll edge work surfaces. One and a half bowl stainless steel sink and drainer with h&c mixer over. Built-in eye level double oven, inset Smeg ceramic hob with stainless steel chimney style filter system above. Dishwasher, washing machine, freezer and fridge. Pull out larder, contemporary radiator, wood laminate floor.

Cloakroom: 61' x 36' (1.85m x 1.09m)
Dual flush low level w.c., pedestal wash hand basin, radiator.

First Floor Landing: 63' x 49' (1.92m x 1.49m)
With access to all bedroom accommodation, loft access, smoke detector, radiator.

Bedroom One: 112' max x 98' (3.41m x 2.98m)
With window to front aspect, radiator, built-in wardrobes, door to:

Ensuite Shower Room: 59' x 56' (1.79m x 1.70m)
Comprising tiled shower enclosure with wall mounted Aqualisa shower, glazed cubicle with folding door, dual flush low level w.c., pedestal wash hand basin with mixer tap, obscure window to front aspect, radiator.

Bedroom Two: 109' x 88' (3.32m x 2.68m)
Window to rear aspect, radiator, built-in wardrobes.

Bedroom Three: 109' x 67' (3.32m x 2.04m)
Window to rear aspect, radiator, built-in wardrobes.

Family Bathroom: 67' x 57' (2.04m x 1.73m)
White suite comprising panelled bath with wall mounted mixer shower over, pedestal wash hand basin with mixer tap, dual flush low level w.c., tiled splash backs, radiator, wood effect floor.

OUTSIDE:
To the front there is a small lawned area enclosed by hedging and stock railings which wrap around the side with secure lighting. The rear garden which is accessed from either the kitchen French doors or the rear entrance gate is split level, with paved patio and garden mainly laid to lawn. A paved pathway leads down to the raised seating area. Complemented with mature roses and shrub beds with ornamental archway and curved and shaped borders, outside tap.
Through the rear gateway gives access to the garage and parking area.

Mid Suffolk District Council - Tax Band C
Freehold - EPC rating: B
We understand there is a small annual service charge for the maintenance of the communal areas, the definitive amount will be confirmed shortly but an approximation is believed to be just over 200.



Features
  • Freehold

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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

£ 246075

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
    £ 7375
  • 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

£ 24825
  • 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

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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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