4 bedroom detached for sale

£425,000 OIRO

4

Bedrooms

2

Bathrooms

2

Reception

Floorplan

Vendor has found!
Tucked away at the end of a cul-de-sac in the popular market town of Watton, Longsons are delighted to bring to the market this extremely well presented, fully modernised and updated throughout, spacious detached four bedroom house. This absolutely superb property has much to offer and includes kitchen/dining room, utility room, two reception rooms, cloakroom with WC, en-suite shower room, parking for numerous vehicles, gardens, gas central heating and UPVC double glazing.

Viewing highly recommended to fully appreciate what is on offer!

Briefly, the property offers entrance hall, lounge, sitting room, kitchen/dining room, utility room, cloakroom with WC, four bedrooms, en-suite shower room to bedroom one, bathroom, 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, stairs to first floor, tiles to floor, radiator.

Lounge - 225' (6.83m) x 139' (4.19m)
UPVC double glazed French doors opening to rear garden, UPVC double glazed windows to front, two radiators.

Sitting Room - 141' (4.29m) x 137' (4.14m)
UPVC double glazed bow window to front, radiator.

Kitchen/Dining Room - 153' (4.65m) x 141' (4.29m)
Modern fitted kitchen units to walls and floor, work surface over, composite one and a half bowl sink unit with mixer tap and drainer, space for large Range style oven & hob with extractor hood over, space for large American style fridge/freezer, built-in storage cupboard, tiles to floor, UPVC double glazed entrance door to side, UPVC double glazed window to front, tiled splashback, opening through to utility room.

Utility Room - 98' (2.95m) x 85' (2.57m)
Modern fitted kitchen units to floor, work surface over, space and plumbing for washing machine and dishwasher, space for tumble dryer, tiled splashback, tiles to floor, UPVC double glazed entrance door opening to rear garden, UPVC double glazed window to rear.

Cloakroom
Hand wash basin set within fitted cabinet, WC, tiled splashback, tiles to floor, obscure glass UPVC double glazed window to side.

Stairs and Landing
Spacious galleried landing currently set up as study area, built-in storage cupboard, UPVC double glazed window to front.

Bedroom One - 141' (4.29m) Max x 138' (4.17m)
UPVC double glazed window to front, radiator, door to en-suite shower room.

En-suite Shower Room
Large walk-in double shower cubicle, wash basin set within fitted cabinet, bidet, WC, towel radiator, tiled splashback, obscure glass UPVC double glazed window to front, extractor fan.

Bedroom Two - 139' (4.19m) x 128' (3.86m)
UPVC double glazed windows to front and side, radiator.

Bedroom Three - 142' (4.32m) x 89' (2.67m)
UPVC double glazed window to rear and side, radiator.

Bedroom Four - 139' (4.19m) x 93' (2.82m)
UPVC double glazed window to rear, radiator.

Bathroom
Modern four piece bathroom suite comprising double ended bath with centrally mounted mixer tap and separate hand shower attachment, shower cubicle, wash basin set within fitted cabinet, WC, towel radiator, tiled splashback, obscure glass UPVC double glazed window to rear, extractor fan.

Outside Front
Low maintenance front garden laid to shingle providing off-road parking for numerous vehicles, shrubs and conifers to perimeter, garden wall to front, gated access to rear garden.

Rear Garden
Well maintained enclosed rear garden laid to lawn, two wooden decked seating areas, paved patio seating area, wooden garden shed, hedge and wooden fence to perimeter, outside tap, external power sockets, gated access to front.

Agent`s Note
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: Cable
Telephone: Landline

Other Items
Heating: Gas Central Heating
Garden/Outside Space: Yes
Parking: Yes
Garage: No

Map location is not available for this property.

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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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Notes

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