4 bedroom detached for sale

£600,000

4

Bedrooms

2

Bathrooms

3

Reception

Floorplan

Situated in a desirable location in the popular Norfolk village of Ovington, Longsons are delighted to bring to the market this superb, spacious, detached executive style four bedroom house. This fantastic property offers three reception rooms, kitchen/breakfast room, sizeable gardens, double garage, en-suite shower room, cloak room with WC, parking for numerous vehicles and much much more.

Offered chain free.

Viewing highly recommended to fully appreciate what is on offer.

Briefly the property offers entrance hall, sitting room, study, kitchen/breakfast room, cloakroom with WC, four bedrooms, en-suite shower room to bedroom one, bathroom, double garage, gardens, parking, oil fired central heating and UPVC double glazing.

Ovington is a small village situated in the Breckland area of Norfolk, approximately 1 mile north of the market town of Watton. In spite of its size, it is a very active village and even has an allotment site! There are traces of a Roman encampment on Ovington common to the north of the village and urns and Roman coins have been unearthed there.

Entrance Hall
Stairs to first floor, under stairs storage cupboard, UPVC double glazed entrance door to front, radiator.

Sitting Room - 252' (7.67m) Into Bay x 130' (3.96m) Max
Feature fireplace with inset log burning stove, UPVC double glazed walk-in bay window to front, UPVC double glazed French doors opening to rear, two radiators.

Dining Room - 142' (4.32m) Into Bay x 110' (3.35m)
UPVC double glazed bay window to front, radiator.

Study - 911' (3.02m) x 78' (2.34m)
UPVC double glazed window to rear, radiator.

Kitchen/Breakfast/Utility Room - 230' (7.01m) x 910' (3m)
Fitted kitchen units to walls and floor, work surface over, stainless steel one and a half bowl sink unit with mixer tap and drainer, space for large Range style cooker with extractor hood over, space and plumbing for washing machine, space for tall fridge/freezer, built-in storage cupboard housing oil fired central heating boiler, UPVC double glazed entrance doors to both front and rear, UPVC double glazed window to rear, tiled splashback, radiator.

Cloakroom
Hand wash basin set within fitted cabinet, WC, obscure glass UPVC double glazed window to rear.


Stairs and Landing
Loft access.

Bedroom One - 160' (4.88m) x 10' (0.3m)
Range of fitted wardrobes, UPVC double glazed window to front, radiator, door to en-suite shower room.

En-Suite Shower Room
Double shower cubicle, wash basin and WC both set within fitted cabinets, towel radiator, built-in cupboard housing hot water cylinder, tiled splashback, UPVC double glazed window to rear.

Bedroom Two - 151' (4.6m) x 100' (3.05m)
Built-in wardrobe, wash basin set within fitted cabinet, UPVC double glazed window to rear, radiator.

Bedroom Three - 130' (3.96m) x 121' (3.68m)
UPVC double glazed window to front, radiator.

Bedroom Four - 1011' (3.33m) Max x 86' (2.59m) Max
UPVC double glazed window to front, radiator.

Bathroom
Bathroom suite comprising bath with shower over and shower screen, wash basin set within fitted cabinet, WC, tiled splashback, obscure glass UPVC double glazed window to rear, radiator.

Double Garage
Remote control, motorised main roller door to front, entrance door opening to rear garden, electric power and lights.

Outside Front
Sizeable front garden laid to lawn, driveway providing ample off-road parking for several vehicles laid to shingle, established shrubs, plants and trees to beds and borders, outside light, gated access to rear garden.

Rear Garden
Generous rear garden laid to lawn, seating area laid to shingle, two wooden garden sheds, wooden log store, established shrubs, trees and plants to beds and borders, wooden fence and hedge to perimeter, gated access to rear garden.

Agent`s Note
EPC rating D62 (Full copy available on request)
Council tax band E (Own enquiries should be made via Breckland District Council)




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: Unknown
Water: Mains Supply
Sewerage: Mains Supply
Broadband: Unknown
Telephone: Unknown

Other Items
Heating: Oil 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

£ 497700

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
    £ 15000
  • 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

£ 47700
  • 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

Adjust these figures

  %

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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