3 bedroom cottage for sale

£350,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

ENTRANCE HALL 8 2" x 5 1" (2.49m x 1.55m) Located to the side of the property a principal entrance door opens in to the hall. An ideal place for boots and dogs after a walk in the delightful countryside thatsurrounds the ever popular village of Wymondham. The hall having a window to rear. Tiled floor and cloaks hanging. Doorway leading through in to the dining room.


DINING ROOM 15 3" x 12 4" (4.65m x 3.76m) The first of three generously proportioned reception rooms which exude charm and character. The room has a rustic timber beamed ceiling, feature fireplace with open fire inset to a cast iron grate and embossed canopy flanked by decorative glazed tiling and further cast iron surround. Period look, "Old School" style radiator inset to bay. Double glazed bay window. Wall lighting points. Two fitted cupboards. Opening leading through to the kitchen.

KITCHEN 10 2" x 6 9" (3.1m x 2.06m) Fitted with a range of both base and eye level storage units. the base level units being surmounted by marble effect rolled edge work surfaces. Inset sink unit with one and a half bowls and mixer tap. Partially tiled walls. Space and plumbing for under-counter white goods including for washing machine and dishwasher. Double glazed window to rear. Built in wine rack. Space for free standing range style cooker. Ceramic tiled floor finish.

SITTING ROOM 15 0" x 12 3 (inc stairs)" (4.57m x 3.73m) A further well proportioned reception room again with rustic timber beams to ceiling. Fireplace comprising open fire, with cast iron background, dog grate, carved timber surround and fronted by a tiled hearth. Double glazed window to front. Radiator. Door to under-stairs storage cupboard. Stairs rise off to first floor. Double doors lead through to the living room.

LIVING ROOM 14 0" x 13 4" (4.27m x 4.06m) Yet another spacious reception room having excellent natural light by way of a dual aspect through a double glazed window to the side and a pair of double glazed doors looking out over and giving access to the rear garden. "Old School" style radiator. Timber effect laminate floor finish. TV aerial point.

Returning to the sitting room - stairs rise to the first floor.

LANDING "A generous "L" shape landing with doors leading to the following.

BEDROOM 1 14 0" x 13 3" (4.27m x 4.04m) Notably spacious double bedroom with attractive dual aspect through double glazed windows to side and rear. Radiator. Exposed timber boarded flooring. Loft hatch.

BEDROOM 2 12 3" x 8 0" (3.73m x 2.44m) With double glazed window to front. Radiator. Exposed timber boarded flooring.

BEDROOM 3 12 4" x 11 3 (max "L" shape dimensions)" (3.76m x 3.43m) A good size third bedroom too, also having dual aspect with double glazed windows to both front and rear each affording a most pleasant outlook. Radiator. Loft hatch. NB the room is an "L" shape measured in two sections as (124 x 67) plus (64 x 48).

BATHROOM 8 0" x 4 9" (2.44m x 1.45m) Fitted with a two piece suite comprising, bath with shower over and wash hand basin. Obscured glazed double glazed window. Half tiled walls.

SEPARATE WC 4 7" x 3 8" (1.4m x 1.12m) With skylight window. Close coupled wc and wash hand basin. Part tiled walls.

OUTSIDE The property enjoys a delightful position within a quintessential English rural village street scene, set on a quiet back lane/ no through road on the approach to the Church of St Peter. The property has gated access to the side, this block paved access extending past the cottage and opening out to the lovely rear garden with large brick built outbuilding . The garden has a sheltered patio area adjacent to the living room, this giving way to the main garden beyond which there is a fruit and vegetable patch with raised beds. Next to this is a large brick built outbuilding with personnel door to side and further access through two up and over doors to the front elevation.

These particulars are for the guidance of proposed purchaser/s and do not represent the terms of a contract, they must be accepted as a guide only and are issued without any responsibility for the vendor, Martin & Co. or its employees. Measurements shown in these particulars are approximate and a guide only, they should not be relied upon or taken as correct. We have not tested any services or equipment within this property. We recommend purchasers obtain legal advice & survey/s before committing to purchase. No person representing this firm has the authority to give any warranty or representation in respect of this property. New money laundering regulations require us to verify the identity of any prospective purchaser.

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

£ 291450

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
    £ 8750
  • 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

£ 28950
  • 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

Adjust these figures

  %
  %
£
  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Please enter a valid UK mobile number (e.g. 07123456789 or +447123456789)

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message