4 bedroom semi-detached for sale

£400,000

4

Bedrooms

3

Bathrooms

Floorplan

Welcome to the dream family home, nestled within a peaceful village oasis. Minors and Brady proudly presents to the market this four bedroom semi detached home situated in the outstanding village of Freethorpe. Boasting a high quality kitchen, spacious living room suitable for family living, a dining room, a versitile reception room, master bedroom with ensuite, a spotless family bathroom, driveway with garage and beautiful gardens.

Welcome to the dream family home, nestled within a peaceful village oasis. Minors and Brady proudly presents to the market this four bedroom semi detached home situated in the outstanding village of Freethorpe. Boasting a high quality kitchen, spacious living room suitable for family living, a dining room, a versitile reception room, master bedroom with ensuite, a spotless family bathroom, driveway with garage and beautiful gardens.

Location This property is situated in the peaceful village of Freethorpe, which sits just East of Norwich with plenty of amenities including a village shop as well as coffee shop, local nursery/pre-school. Freethorpe community primary school offers morning and evening care out of school hours. There is a village hall/social club which has lots of community events, a beautiful park and local dog groomers/walkers. Norfolk broads in approximately 1.5 miles away, perfect for family days out during the summer period. The town of Acle is close by, with transport links available morning and evening, as well as a train station loacted in Reedham.

Caters close, freethorpe Step inside this beautifully presented family home, where you are greeted by a welcoming hallway, leading you from the outside world into the sanctum of the home. Entering into the heart of the home, this kitchen is fitted with high quality units and appliances to be able to cook your favourite meals. Boasting an integrated oven, microwave, dishwasher and hob with extractor fan. If you thought there was enough storage already, this home has a handy addition of a utility room offering built in cupboards and a ground floor WC. The sizeable porch allows space for your outdoor wear and leads you out to the rear garden. Stepping into the spacious living room, suitable for family living, with ample amount of space for your cosy free standing furniture. With a focal point of this modern log burner, creating a warm and inviting atmosphere. Opening the internal double doors into the dining room, perfect for a large table to gather as a family and spend quality time together, whilst enjoying the views of the rear garden. The ground floor benefits from a versitile reception room, currently being used as an office/snug area, ideal for running your business from home. Providing a traditional log burner with timber mantle. Onto the first floor, you will find four generously proportioned rooms, one of which is a master bedroom. This immaculate master bedroom creates a comfortable and relaxing space for the owner, boasting a spotless ensuite and built in wardrobes. There is also a main bathroom comprising of a three piece suite, accommodating all family and guests.

Approaching the front of the property is an enclosed laid to lawn garden, with access to the entrance door and side gate to the rear. The preferred entrance is at the rear, there is a paved driveway providing off road parking for multiple vehicles, in front of a single garage opening by an up and over door. Entering into the rear garden you will discover a decked area to enjoy the afternoon sun, with a well landscaped laid to lawn, a variety of plants and shrubbery bringing colour to the garden, an open summerhouse suitable for hosting family and friends during the summer months and side access into the garage, all enclosed by a fence surrounding.

Agents notes We understand that this property is freehold and connected to mains electricty, water and drainage, with an installed oil heating system.
Boiler is serviced yearly.
Lighting and power in the garage.
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.



Features
  • Freehold

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

£ 332700

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
    £ 10000
  • 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

£ 32700
  • 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.

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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
    £

    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

£

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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