3 bedroom detached for sale

£425,000 OIRO

3

Bedrooms

Floorplan

Stunning Refurbished Detached Home in Sought-After Fornham All Saints! This beautifully updated home features 3 spacious bedrooms, a brand-new kitchen and bathroom, and a private garden. A detached office/annexe with a cloakroom adds extra versatility.
Located in the desirable village of Fornham All Saints, just northwest of Bury St Edmunds, with a charming village pub, All Saints Golf Club, and excellent A14 access.
A rare find-dont miss out! Contact us today to arrange a viewing.

ENTRANCE HALL: Wood laminate floor, stairs to first floor, ceiling spot lights, radiator, window to front, cupboard with light and power.

LIVING ROOM: 20 00" x 15 00" (6.1m x 4.57m) (max). Dual aspect room, with window to front and rear, glazed door to garden, vertical blinds on front windows, wood laminate floor, vertical radiator, feature fireplace, ceiling spot lights.

KITCHEN REFITTED: 13 04" x 9 04" (4.06m x 2.84m) Window to rear, cupboard housing new wall mounted gas combination boiler, range of wall mounted units, work surfaces with units under, upstand. Single unit drainer with mixer tap over, cupboard under, plumbing for American style fridge, vertical radiator, washing machine, dishwasher, wood laminate floor, part glazed door to side.

FIRST FLOOR LANDING: Wood laminate floor, window to side, ceiling spot lights, vertical radiator, loft with ladder, light and boarded, and shelved cupboard.


MASTER BEDROOM: 15 01" x 10 02" (4.6m x 3.1m) Wood laminate floor, Window to front, vertical radiator, ceiling spot lights.

BEDROOM TWO: 12 00" x 9 06" (3.66m x 2.9m) Window to rear, wood laminate floor, vertical radiator, TV point, ceiling spot lights, wardrobe with ceiling spot lights and double hanging rail.


BEDROOM THREE: 10 03" x 7 00" (3.12m x 2.13m) Window to front, wood laminate floor, vertical radiator, ceiling spot lights, wardrobe with ceiling spot lights and double hanging rail.

ALL BEDROOMS HAVE PLUGS FITTED WITH USB CHARGING POINTS.

BATHROOM REFITTED HOTEL STYLE: Low level WC, wash hand basin with drawers under, egg style bath with shower attachment, toothbrush charging point, ceiling spot lights, fully tiled walls, windows to rear and side. Ceramic tiled floor, electric under floor heating.

OUTSIDE - GARAGE: 16 02" x 9 00" (4.93m x 2.74m) Light and power connected, up and over door.

OFFICE/OUT BUILDING: 21 06" x 9 04" (6.55m x 2.84m) 21 06" (6.55m), max, 14 02" (4.32m) min x 9 04" (2.84m).

Newly erected building fully insulated with ceiling spot lights, electric radiator, wood laminate floor, two windows to side, hardwired connections for internet and Telephone points, stainless steel inset drainer unit, mixer tap over, work surface, three glazed ceiling windows, further store area.



CLOAKROOM: Low level WC, wash hand basin, ceiling spot lights,
wood laminate floor.

To the front is a driveway providing an area of off road carparking and flint boarders.

The rear garden has a patio area, and is laid predominantly to lawn, with established borders.

AGENTS NOTE: there is a TPO (Tree Preservation Order) on the Sycamore tree in garden.


ENERGY PERFORMANCE CERTIFICATE D: A full copy of the report is available from the Agent.

ADDITIONAL INFORMATION: Local Authority: West Suffolk
Mains water, gas and electricity connected ???
Vacant possession on completion

VIEWING ARRANGEMENTS: Strictly by appointment with the Sales Agent, Martin & Co. Please call 01284 701511 to arrange a mutually convenient time.

LOCATION: Fornham All Saints is a popular village benefitting from a hotel, village hall, church and and 2 golf courses. Located approx 5 miles from the medieval market town of Bury St Edmunds with a desirable range of educational and cultural amenities, including the Cathedral, and an array of other denominational churches, Theatre Royal, Abbey Gardens,Art Galleries, cinemas, rail station, shops and schools with good links to Thetford, A14 and A11 giving further access to the East Coast, Cambridge, Ipswich, Norwich and Stansted Airport.

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

£ 353325

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • 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

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

£ 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.

£

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

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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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