4 bedroom detached for sale

£425,000 OIRO

4

Bedrooms

2

Bathrooms

2

Reception

Floorplan

Conveniently situated within easy reach of Watton town centre, Longsons are delighted to bring to the market, this superb,impressive, spacious, detached extremely well presented four bedroom house. This fantastic property has much to offer including a double garage, two reception rooms, en-suite shower room, delightful gardens, parking, gas central heating and UPVC double glazing.

Viewing Highly Recommended!

Briefly, the property offers, entrance hall, living room, dining room, kitchen, cloakroom with WC, four bedrooms, en-suite to bedroom one, bathroom, double garage, gardens, parking, gas central heating and UPVC double glazing.

WATTON
The well served market town of Watton is in the district of Breckland, perfectly positioned for access to the whole of Norfolk and North Suffolk, this town is thought to be where the `Babes in the Wood` were abandoned in Wayland Wood. There is a traditional market held every Wednesday morning with produce including freshly caught fish, and there are two supermarkets and a number of independent shops, cafes, restaurants and pubs to enjoy. Within reach is the popular Thetford Forest Park, a number of golf courses, other market towns and not forgetting the cathedral city of Norwich. Swaffham 10 miles; Thetford 15 miles; Norwich 23 miles.



Entrance Hall
Composite double glazed entrance door to front, understairs storage cupboard, radiator.

Living Room - 1910' (6.05m) x 1111' (3.63m)
Feature fireplace with inset live flame gas fire, UPVC double glazed French doors opening to rear garden, UPVC double glazed bay window to front,UPVC double glazed windows to rear, radiator.

Dining Room - 115' (3.48m) x 910' (3m)
UPVC double glazed window to rear, radiator.

Kitchen - 1910' (6.05m) x 100' (3.05m) Max
Modern fitted kitchen units to walls and floor, quartz work surface over, enamel sink unit with mixer tap and drainer, a range of integrated appliances including; Neff double electric oven, Bosch dishwasher, Zanussi washing machine, Neff refrigerator and Bosch induction hob with extractor hood over, UPVC double glazed entrance door opening to side, UPVC double glazed windows to front and rear, radiator.

Cloakroom
WC, obscure glass UPVC double glazed window to front, radiator.

Stairs & Landing
Built-in cupboard housing modern gas central heating boiler, UPVC double glazed window to front, radiator.

Bedroom One - 142' (4.32m) x 911' (3.02m)
UPVC double glazed windows to rear, radiator, archway leading to dressing room.

Dressing Room - 74' (2.24m) x 67' (2.01m)
UPVC double glazed window to rear, door leading to en-suite shower room.

En-suite Shower Room
Shower cubicle, wash basin and WC both set within fitted cabinets, towel radiator, obscure glass UPVC double glazed window to side.

Bedroom Two - 121' (3.68m) x 911' (3.02m)
UPVC double glazed window to rear, radiator.

Bedroom Three - 98' (2.95m) x 88' (2.64m)
UPVC double glazed window to front, radiator.

Bedroom Four - 7010' (21.59m) x 69' (2.06m)
UPVC double glazed window to front, radiator.

Bathroom
Modern bathroom suite comprising bath with wall mounted Aqualisa water controls, shower over and shower screen, wash basin and WC both set within fitted cabinet, tiled splashback, towel radiator, obscure glass UPVC double glazed window to front.

Outside Front
Well maintained front garden laid to lawn, driveway providing off road side-by-side parking laid to block paving, outside light, shrubs and plants to beds and borders, wooden fence and hedge to perimeter, gated access to rear garden.

Double Garage - 174' (5.28m) x 172' (5.23m)
Two main up and over doors to front, entrance door opening to side, electric light and power.

Rear Garden
Very well maintained and presented rear garden laid to lawn, seating area laid to block paving, selection of established shrubs and plants to beds and border, outside lights, outside tap, wooden fence to perimeter, gated access to front.

Agent`s Notes
EPC rating C71 (Full copy available on request)
Council tax band D (Own enquiries should be made via Breckland District Council)




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Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Utilities
Electric: Mains Supply
Gas: Mains Supply
Water: Mains Supply
Sewerage: Mains Supply
Broadband: ADSL
Telephone: Landline

Other Items
Heating: Gas Central Heating
Garden/Outside Space: Yes
Parking: Yes
Garage: Yes

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

£ 353325

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
    £ 10625
  • 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

£ 34575
  • 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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