3 bedroom detached bungalow for sale

£600,000 OIRO

3

Bedrooms

Floorplan

Step inside to experience a spacious open-plan kitchen diner, perfect for entertaining and family gatherings, along with a bright and airy living room boasting bi-folding doors that seamlessly blend indoor and outdoor living, inviting you to enjoy the landscaped garden. The home includes three generously sized double bedrooms, with the master featuring a chic ensuite shower room. Practicality meets style with a separate utility room, ideal for all household needs.

Situated adjacent to the village green, this property provides a tranquil setting with stunning views and a real sense of community. Imagine morning coffees overlooking lush greenery or summer evenings in your private garden. Enjoy the best of rural charm while being only moments away from excellent transport links, including easy access to the A14, A140, and proximity to a mainline train station for quick connections to nearby towns and beyond.

Dont miss out on this rare opportunity to own a prestigious bungalow in a highly sought-after location. Contact us today find out more and make this dream home yours!

ACCOMMODATION COMPRISES: ENTRANCE HALL, LIVING ROOM, KITCHEN DINING ROOM, UTILITY ROOM, FAMILY BATHROOM, 3 DOUBLE BEDROOMS, WITH EN SUITE TO MASTER BEDROOM, GARAGE AND DRIVEWAY PARKING

ADDITIONAL INFORMATION: Energy Performance Certificate - TBC
Council Tax Band: TBC
Local Authority: Mid Suffolk
Mains electricity, water and drainage connected
Vacant Possession upon completion

LOCATION: Stowupland village is situated approximately 2 miles east of nearby town of Stowmarket which benefits from a direct rail line to London Liverpool Street, along with a range of amenities to include supermarkets, cinema leisure centre, gyms, restaurants and shops. The A1120 and A14 roads provide excellent links to nearby towns of Ipswich, Bury St Edmunds and Cambridge

Village Amenities: The village has a range of local amenities, benefitting from a CO-OP store, butchers, petrol station, fish and chip shop , pubs (The Crown and The Retreat), and primary and secondary schools. Stowupland High School serves the local and surrounding communities.

Historic Landmarks: Stowupland has a number of notable historic buildings, such as the Grade II-listed St. Peter and St. Marys Church. The village retains much of its historical charm, with traditional cottages and rural landscapes.

Community Spirit: The village has a strong sense of community, with various local clubs, societies, and events throughout the year. The Stowupland Village Hall serves as a hub for many activities and gatherings.

Natural Scenery: The surrounding area is characterized by beautiful countryside, making it popular for walking, cycling, and other outdoor activities. The village has green spaces like the Stowupland Green, a large open area that is central to village life.

Growth and Development: In recent years, Stowupland has seen some residential growth, with new housing developments expanding the size of the village. Despite this, it retains a balance between modern living and its traditional village feel.

Overall, Stowupland is a quaint Suffolk village that offers a mix of historical charm, community engagement, and natural beauty, making it an appealing place to live or visit.

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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£
£
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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

£ 497700

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
    £ 15000
  • 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

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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.

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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

£ 47700
  • 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
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  • 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.

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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
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    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

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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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