4 bedroom detached for sale

£750,000

4

Bedrooms

5

Bathrooms

Floorplan

Individual design home with an abundance of space available, finished to an exceptionally high standard and with flexible accommodation that could suit a number of families. With four double bedrooms, three of which have en-suite bathrooms and built in wardrobes, fantastic living space and high specification fittings and bespoke upgrades throughout. The property is finished to an exceptional standard throughout and a lot of thought has gone into every detail. The accommodation comprises entrance hall with tiled monochrome flooring which in turn gives access to the first floor via the bespoke solid wood staircase, family bathroom with free standing bath, shower and high level W.C, two double bedrooms, one with built in wardrobes and en-suite, kitchen family room with see through fireplace through to the living room, a seemless way to experience the comfort and ambience from two separate spaces, utility room and shower room on the ground floor. The kitchen family room has a bespoke kitchen with granite and solid wood worktops, there are two sets of bi folding doors to the outside and an outside seating space off the kitchen has electric roller shutters to bring the inside out whatever the weather. Upstairs are two further bedrooms which are very generous in size and both with en-suite shower rooms and fitted wardrobes. The master also has a balcony. Externally the rear gardens are South facing, private and laid to lawn with an outside pergola with hot tub and pizza oven, great for entertaining guests and family. There is also a detached double garage with power, light and water and ample parking as well as a generous garden to the front.
Located within a short walk to Drayton village, which offers a wealth of amenities and facilities. Marriotts way, an old disused railway line that links Norwich to Reepham and is popular with cyclist and walkers is a stones throw from the property as is the River Wensum.
Taverham is a highly sought after location with an abundance of amenities and facilities. There is schooling for all ages in the area including both state and private. There are a wide range of shopping facilities, a bank, Post Office, petrol station and regular public transport links to name a few. The Northern Bypass is within a short drive and in turn provides access to all major routes out of Norfolk and there is also regular public transport links a short walk away.

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Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. We cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.

Nearest Stations:

5.41 miles
Norwich
7.51 miles
Salhouse
8.55 miles
Hoveton and Wroxham
8.88 miles
Wymondham
9.5 miles
Brundall Gardens

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

£ 621450

Mortgage Loan to Value

%

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

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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
    £ 18750
  • 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

£ 58950
  • 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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