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£300,000
Bedrooms
Bathrooms
Well presented three bed bungalow in a popular location with easy access to the town centre. Boasting two reception rooms, fitted kitchen, shower, WC, three generous bedrooms, ample storage which can be found throughout the home, an immaculate frontage with a garage and drive way for off road parking as well as the expansive and private rear garden with numerous outbuildings and a patio area for alfresco dining.
Well presented three bed bungalow in a popular location with easy access to the town centre. Boasting two reception rooms, fitted kitchen, shower, WC, three generous bedrooms, ample storage which can be found throughout the home, an immaculate frontage with a garage and drive way for off road parking as well as the expansive and private rear garden with numerous outbuildings and a patio area for alfresco dining.
Location The property is a 10 minute drive of the centre of Norwich, the popular medieval city and the heart of East Anglia. The city provides lively night life, cultural and social activities as well as a great shopping experience. State, Faith and independent schools for all age groups, local shopping facilities, supermarkets, public houses, and a variety of parks are all within a close range. Also, within close proximity to the University of East Anglia and the N&N university hospital.
Entrance hall Enter the property via the front door and into the entrance hall, featuring fitted carpet flooring throughout, radiator, doors to rooms, ample storage due to built in cupboard and a radiator.
Lounge 14 1" x 12 6" (4.29m x 3.81m) Welcoming lounge boasting a feature fire place, perfect for relaxing with friends and family, with fitted carpet flooring, many plug sockets, TV aerial, double doors giving access to the lean to, radiator and windows to the rear aspect.
Kitchen 10 1" x 9 0" (3.07m x 2.74m) Fitted kitchen offering base to wall units with work surfaces above, stainless steel sink and drainer, space for a cooker and a washing machine, many plug sockets for appliances, fitted carpet flooring, partially tiled walls, radiator and a window overseeing the well maintained rear.
Lean to 12 3" x 6 4" (3.73m x 1.93m) A bright and versatile reception room with carpet flooring, access to the gardens via the side door and windows to all aspects giving superb garden and sky views.
Bedroom one 12 2" x 10 10" (3.71m x 3.3m) Generous principal bedroom benefiting from fitted carpet flooring throughout, ample floor space for storage and furniture, radiator and a large window to the front of the home.
Shower room Comprising walk in shower cubicle with shower attachment and glass screen surrounding, had wash basin, tiled walls throughout, tiled walls and a frosted window to the side.
WC Cloakroom with fitted carpet flooring, low level WC and a frosted window to the side aspect of the home.
Bedroom two 11 3" x 10 4" (3.43m x 3.15m) Double bedroom currently housing a dining room/library area but with the opportunity to house a nursery or office space, benefiting from fitted caret flooring, radiator and a window to the front of the home.
Bedroom three 10 10" x 8 0" (3.3m x 2.44m) Sizeable third bedroom currently being used as an office area offering fitted carpet flooring throughout, radiator and a window to the side aspect enhancing the bright style.
Exterior When approaching the property, youll be greeted by the tidy frontage which features a driveway leading you to the attached singe garage offering ample off road parking. Theres a smart lawn to the front with shrubbery and a brick wall surrounding.
To the rear, youll find the expansive rear garden enclosed by wooden fencing and mature shrubbery and trees - adding to the high degree of privacy. Laid mainly to lawn with sporadic decorative flower beds around, out buildings which include a timber shed, green house and additional garage style building with patio area for alfresco dining.
Agents note We understand the property will be sold freehold and connected to all mains services.
Council tax band - C.
Disclaimer: We endeavour to make our adverts accurate and correct, and ask our sellers to approve these details prior to going to market, however these do not form any part of a contract and any buyers are advised to check the details upon viewing, including any specifications, sizes and whats included on their fixtures and fittings forms when purchasing.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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