3 bedroom semi-detached for sale

£260,000 OIRO

3

Bedrooms

1

Bathrooms

2

Reception

Floorplan

Situated on a popular development in Watton, Longsons are delighted to bring to the market this very well presented semi-detached three bedroom house. This fantastic property offers kitchen/dining room, lounge with modern log burning stove, four piece bathroom suite, cloakroom with WC, garage, gardens with gazebo and garden bar, garden room/study, parking, gas central heating and UPVC double glazing.

Offered CHAIN FREE!

Briefly, the property offers entrance hall, lounge, kitchen/dining room, garden room/study, cloakroom with WC, three bedrooms, bathroom, 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 entrance door to front, tiles to floor, personnel door through to garage.

Lounge - 181' (5.51m) Max x 1211' (3.94m) Max
Modern feature log burning stove, UPVC double glazed patio doors opening to rear garden, stairs to first floor, radiator.


Kitchen/Dining Room - 151' (4.6m) x 139' (4.19m)
Fitted kitchen units to walls and floor, work surface over, enamel one and a half bowl sink unit with mixer tap and drainer, island unit with oak work surface over, integrated double electric oven, integrated five ring gas hob with extractor hood over, integrated wine rack, space for tall upright fridge/freezer, space and plumbing for washing machine, a modern wall mounted gas combi central heating boiler, tiled splashback, two UPVC double glazed windows to front.


Garden Room/Study - 117' (3.53m) x 102' (3.1m)
UPVC double glazed French doors opening to rear garden, UPVC double glazed windows to rear and side, tiles to floor.

Cloakroom
Hand wash basin, WC, tiled splashback, obscure glass UPVC double glazed window to side, radiator.

Stairs and Landing
Built-in airing cupboard with radiator, built-in wardrobe, loft access with loft ladder to partially boarded loft.

Bedroom One - 111' (3.38m) x 107' (3.23m)
Large fitted wardrobe with sliding mirrored doors, UPVC double glazed window to front, radiator.

Bedroom Two - 1211' (3.94m) Max x 1211' (3.94m) Max
UPVC double glazed window to rear, radiator.

Bedroom Three - 89' (2.67m) x 68' (2.03m)
UPVC double glazed window to rear, radiator.

Bathroom
Four piece bathroom suite comprising double shower cubicle with rainfall shower head over and separate hand shower attachment, bath with mixer tap and separate hand shower attachment, wash basin, WC, tiled splashback, tiles to floor, towel radiator, obscure glass UPVC double glazed window to front.


Garage - 173' (5.26m) x 82' (2.49m)
Remote control motorised roller door to front, personnel door opening to entrance hall, electric power and lights.


Outside Front
Front garden laid to lawn, driveway providing off road parking, shrubs and plants to beds and borders, outside lights, outside tap.

Rear Garden
Enclosed well maintained rear garden laid to lawn, paved patio seating area with gazebo, wooden shed housing a garden bar with electric power and outside lights, wooden fence to perimeter, shrubs and plants to borders.

Agent`s Notes
EPC rating C70 (Full copy available on request)
Council tax band B (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: None
Telephone: None

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

£ 217200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 6500
  • 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

£ 22200
  • 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

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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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