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£440,000 Guide Price
Bedrooms
Guide price 440,000-460,000. Minors & Brady are pleased to present this three bed detached bunglaow situated in the highly sought after village of Blofield. This Property boasts an entrance hall, living room, kitchen, dining room, bathroom and three double bedrooms. This property also has plenty of room for off road parking with a driveway and a garage.
Minors & Brady are pleased to present this three bed detached bunglaow situated in the highly sought after village of Blofield. This Property boasts an entrance hall, living room, kitchen, dining room, bathroom and three double bedrooms. This property also has plenty of room for off road parking with a driveway and a garage.
Location Blofield is a popular broadlands village offering various facilities including primary school, public house, post office and shop. Blofield is approximately 7 miles from Norwich and offers ease of access via the A47 to the coast at Great Yarmouth or to the city centre with a Park & Ride facility at Postwick on the outskirts of Norwich. Norwich has a mainline rail service to London Liverpool Street with an approximate journey time of 1 hour 50 minutes. Trains are also available from Acle and Brundall. This location is ideal for families, those who commute to the city and those seeking a quiet lifestyle within the Norfolk broads district.
Oak wood Upon entering into this property you are greeted by the carpet floor entrance hall which opens up this property leading into the vast majority of the rooms in the property. This beautiful bungalow offers three double bedrooms, one with en-suite, as well as a spacious kitchen with integrated appliances, a bright and airy open plan living room that soaks up the natural light and a three piece suite bathroom. This property has ample off road parking with a driveway and separate garage with electric door. On approach to the property on the right is a mature stretch of garden & shrubs to the front. At the rear of the property is a mature private garden with patio areas and a large open lawn area surrounded by flower, shrub & tree beds. Incorporated into the garden is a bespoke Summerhouse, in addition to a separate shed both with electricity.
Agents notes Minors & Brady understand this to be a freehold property with established connections to the mains electricity, gas, water (metered) and drainage systems. This property benefits from double glazing throughout and gas central heating as well as off road parking.
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.
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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