8 bedroom detached for sale

£2,850,000 Offers in excess of

8

Bedrooms

4

Bathrooms

Floorplan

A wonderful opportunity to acquire this splendid Historic 17th Century Grade 11 Listed moated Country Home with approximately 24.72 acres of gardens around the curtilage of the property, a grass tennis court, outbuildings and offices, which offers the incoming owner an excellent opportunity to further enhance to ones taste. In addition there is an opportunity for business use subject to planning.

Depden Hall is located in a secluded position to the south of Bury St. Edmunds, and benefits from far reaching views over the rolling Suffolk countryside.

Approached via a very long tree lined drive, a bridge over the moat gives access to the Hall, and vast driveway, which provides parking for numerous cars.

The Hall offers comfortable well-proportioned accommodation over two floors, attic rooms to the second floor, and a wine cellar below.
On entering the Hall through the columned portico, you are met by a grand entrance hall and inglenook fireplace with log burner inset, and staircase leading to the upper floors.

The ground floor accommodation comprises, a double aspect drawing room, which is ideal for entertaining with a handy drinks cupboard and open fireplace, a recently fitted country house kitchen/breakfast room with an excellent range of built in units and larder, central island and Aga for the keen cook. The breakfast area enjoys views over the moat and fields beyond; a perfect place to start your day.

Further accommodation includes, a formal dining room, family room, conservatory with doors leading out to the rose gardens, office, library with doors out to the courtyard garden area, laundry room, boot room and cloakroom.
Situated on the first floor are six double bedrooms, four bathrooms, two of which are en suite, with additional two bedrooms to the third floor.

Externally, there are 26 acres of grounds, including formal gardens, courtyards, a lawn tennis court, boat house, green house, fields and ample parking.

The farm buildings are located outside the moat and are sheltered from the Hall by a tall hedge, and include an office and garage block, with two offices, kitchen, cloakroom, three car garage, and storeroom, stores and shoot room, a great place for entertaining, three large barns, useful storage of vintage cars or machinery.

Situated in the pretty village Depden, West Suffolk, the property has good road links nearby, Stansted Airport approximately 30 miles away, alongside Cambridge, and amenities can be found in Bury St Edmunds and Newmarket, with fast trains to London, Kings Cross from Cambridge North.

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

£ 2464700

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 71250
  • 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

£ 327200
  • 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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