3 bedroom detached for sale

£300,000 Guide Price

3

Bedrooms

3

Bathrooms

Floorplan

Guide Price 300,000-325,000. Beautiful family home in the sought after town of North Walsham with local amenities close by. Boasting three spacious bedrooms, an integral garage, conservatory, sizeable drive way and a bright and airy feel throughout. The perfect family home!

Guide Price 300,000-325,000. Beautiful family home in the sought after town of North Walsham with local amenities close by. Boasting three spacious bedrooms, an integral garage, conservatory, sizeable drive way and a bright and airy feel throughout. The perfect family home!

Location Located in the bustling market town of North Walsham. The town offers schooling for all ages, easy access to the city and also the North Norfolk coast plus all essential shops and amenities plus its local train station which is approx 0.8 miles away.

Entrance hall Open the front door into a carpeted entrance hall offering storage for coats and shoes with a door leading into the lounge.

Lounge 14 1" x 11 1" (4.29m x 3.38m) Bright and spacious lounge with carpet flooring and open entrance to dining room with radiator, double glazed window to front aspect and carpeted stairs to first floor landing.

Dining room 12 1" x 8 1" (3.68m x 2.46m) Plenty of room for free standing furniture in this modern dining room with radiator, wood effect flooring, sliding door connecting to conservatory and door to kitchen.

Conservatory Brick wall conservatory with double glazed window to side and front aspect and door to access back garden. A versatile space with wood effect flooring.

Kitchen 9 10" x 9 6" (3m x 2.9m) Sizeable kitchen overlooking the garden with double glazed window to rear aspect, wall mounted and base cabinets offering plenty of storage space, tiled splashbacks, vinyl flooring, one and half sink with side drainer and mixer taps. Space for fridge and dishwasher with built in oven, touch screen hob and extractor over.

Utility room 7 2" x 4 3" (2.18m x 1.3m) Convenient utility room offering additional storage space. Work surface with single sink and side drainer, tiled splash backs, space for washing machine, radiator and door to the WC.

WC Modern and stylish WC with partly tiled walls, low level WC, hand wash basin, double glazed window and door connecting to integral garage.

Integral garage 16 4" x 8 2" (4.98m x 2.49m) Versatile garage can be used as desired, offering ample additional space.

Landing First floor landing connecting all three bedrooms, shower room and cupboard.

Master bedroom 14 8" x 9 7" (4.47m x 2.92m) Double bedroom offering built in storage, double glazed window, carpet flooring and door to ensuite.

Ensuite 8 3" x 3 7" (2.51m x 1.09m) Comprising of low level WC, hand wash basin, shower cubicle and double glazed window.

Bedroom 2 13 5" x 9 3" (4.09m x 2.82m) Double bedroom with double glazed window to the front aspect, carpet flooring, radiator and two built in wardrobes.

Bedroom 3 10 0" x 7 10" (3.05m x 2.39m) Bright and airy bedroom with double glazed window and radiator.

Bathroom 8 4" x 5 7" (2.54m x 1.7m) Family sized modern bathroom with bath and shower attachment over, low level WC, hand wash basin, partly tiled walls, window to the side aspect and heated towel rail.

Exterior When approaching the property you will be greeted with a sizeable paved driveway with neat hedges along the side. There is shrubbery left to the garage door and a side gate to the right leading to the back of the property. At the back of the property you will find a patio area perfect for alfresco dining and a spacious lawn area enclosed with fencing.

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.

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

£ 250200

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

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
    £ 7500
  • 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

£ 25200
  • 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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