4 bedroom detached bungalow for sale

£425,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

Guide Price 425,000-450,000. Generous garden plot with stunning field views to the rear. This four bedroom detached bungalow is located in the sought-after village of Tivetshall St. Mary, with easy access onto the A140 and into neighbouring towns and villages. The property benefits from a bright and neutral interior, spacious rooms, feature fireplaces, garage and an extensive garden which backs onto rolling fields. The perfect home for those looking to enjoy a quiet setting.

**guide price of 425,000 - 450,000** Generous garden plot with stunning field views to the rear. This four bedroom detached bungalow is located in the sought-after village of Tivetshall St. Mary, with easy access onto the A140 and into neighbouring towns and villages. The property benefits from a bright and neutral interior, spacious rooms, feature fireplaces, garage and an extensive garden which backs onto rolling fields. The perfect home for those looking to enjoy a quiet setting.

Location Tivetshall St Mary is a village and former civil parish, now in the parish of Tivetshall, in the South Norfolk district in the county of Norfolk, England. There are great places to visit near Tivetshall St Mary including some great historic buildings, towns, beaches, ancient sites, old mines, woodlands and country parks.

Entrance hall Entering the property you are welcomed into a entrance hall with wood flooring, radiator and access into the reception room to the left aspect.

Reception room 34 1" x 14 7" (10.39m x 4.44m) An open plan reception room with wood flooring throughout, two brick-built fireplaces, radiators, television point, double glazed window to the front aspect, space for a sizeable dining table and an archway to the kitchen/diner.

Kitchen/dining room 23 9" x 11 1" (7.24m x 3.38m) Fitted with high quality wall and base units with worktops over, space for a range cooker with an extractor fan over, tiled splashbacks, space for a fridge-freezer, space for a dishwasher, double glazed windows to the rear aspect, door to the garden, radiator and a sliding door to the garden.

Bedroom 10 9" x 12 9" (3.28m x 3.89m) Located to the front aspect is this double bedroom with carpet flooring, radiator and a double glazed window to the front.

Bedroom 11 1" x 9 1" (3.38m x 2.77m) A further double bedroom with wood flooring, radiator and a double glazed window to the front aspect.

Bedroom 10 9" x 11 8" (3.28m x 3.56m) A sizeable double bedroom with carpet flooring, radiator and a double glazed window to the rear.

Bedroom 7 6" x 9 10" (2.29m x 3m) A further bedroom with carpet flooring, radiator and a double glazed window to the rear aspect.

Bathroom 7 6" x 7 4" (2.29m x 2.24m) A modern bathroom with tiled flooring, low level WC, hand wash basin, panelled bath with a shower over, shower cubicle, tiled walls, radiator and a frosted double glazed window.

Exterior Approaching the property you are presented with a large shingle driveway leading to the garage, providing plenty of off-road parking and a manicured lawn area with well-presented shrubs and gated access.
The rear garden boasts a generous plot with a large patio area for alfresco dining, mainly laid to lawn garden, wooden built shed, a range of shrubs and mature trees and exceptional countryside views to the back of the garden.

Agents note We understand the property will be sold freehold and connected to mains electricity, mains water and mains drainage.
Council tax band - D.

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.



Features
  • Freehold

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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

£
£
£
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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

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • 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

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£

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

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  • 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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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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