4 bedroom terraced for sale

£550,000 Guide Price

4

Bedrooms

Tucked away down a quiet lane close to the heart of Diss, you will find this unassuming mid-terrace town house that boasts over 1800sq.ft of accommodation, a walled garden and a garage with off-road parking space. Other features include four generous double bedrooms, spacious living areas, a cellar, and much more. Musker McIntyre are pleased to offer this fantastic property as chain free.

Accommodation briefly comprises:
Hallway
Kitchen
Dining Room
Sitting Room with Fireplace
WC
Two First-Floor Double Bedrooms
Bathroom/Ensuite
Two Attic Double Bedrooms
Single Garage
Off-Road Parking Space
Attractive Gardens
Cellar
Chain Free

The Property
The front door opens into a large, light hallway with attractive tiled flooring underfoot. To your immediate right a door opens to reveal a set of steps down to a sizable cellar, ideal for storage. The kitchen sits to the front of the house and offers plenty of worktop space and storage within a range of floor and wall mounted units. A double butler sink, Aga style cooker and space for a fridge can also be found within. Next to the kitchen sits a spacious dining room with its own run of worktop and storage along one wall, including an integrated dishwasher. Here you will plenty of space for a sizable dining set along with the option to open up on to the patio area of the back garden via an external door. Beside the dining room is a very generous sitting room measuring over 16 x 14 with a fireplace forming an attractive centrepiece and French doors that open up into the garden. The first-floor offers two fantastic size double bedrooms, mirroring the size of the reception rooms below. The main bedroom is lit up by light from two tall windows and offers integrated storage along with the use of the bathroom as an ensuite via Jack and Jill doors. The second bedroom is equally as bright and provides plenty of room for bedroom furniture. Along with an impressive size landing, a separate lobby contains stairs up to the second-floor, beneath which bi-folding doors pull back to reveal a handy laundry cupboard. The two remaining bedrooms are within the attic space of the property and again mimic the proportions of the large double rooms below. Both second-floor bedrooms have dormer windows to provide natural light and have doors to access the remaining eaves storage space.

Outside
Pine Court is a short lane that this and just a few other properties have access to, culminating in a block of garages with parking in front, one of which belongs to this property. Behind the house is a walled, landscape garden consisting of a paved patio area that spans the width of the house. The paving becomes a garden path that continues around a main central plant bed that is well stocked with various mature bushes and shrubs. Further plant bedding lines the perimeter walls, parting for a tall, secure gate that opens on to a private lane behind for use of the Pine Court residents. The lane gives direct access to the rear gardens from a further gate on to Shelfanger Road or from the garages/parking area at the opposite end.

Location
The property is located close to the centre of the market town of Diss. All the facilities within the town, including schools, are a short walk away and include bakers, butchers, banks, supermarkets, department stores, takeaways, pharmacies and other independent shops. The town also has a wide range of popular pubs, restaurants, bars and leisure facilities including an 18 hole golf course, gyms and an indoor swimming pool. The Corn Hall, the local arts centre, is just a minute away on foot. Diss train station is approximately 1 mile away with regular trains running to Norwich and London Liverpool Street.

Fixtures and Fittings
All fixtures and fittings are specifically excluded from the sale (unless mentioned in the sales particulars), but may be available in addition, subject to separate negotiation.

Services
Gas fired radiator central heating. Mains water, electricity and drainage.
EPC: TBC

Local Authority
South Norfolk Council
Tax Band: D
Postcode: IP22 4EP

Tenure
Vacant possession of the freehold will be given upon completion

Features
  • Freehold

Map location is not available for this property.

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

£ 456450

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
    £ 13750
  • 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

£ 43950
  • 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.

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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.

£

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

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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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