4 bedroom detached for sale

£640,000 Guide Price

4

Bedrooms

Diss - 5 miles
Bury St Edmunds - 21 miles
Norwich - 26.8 miles
Southwold & the coast - 34 miles

Superbly situated enjoying open field views within the popular South Norfolk Village of Fersfield is The Old Chapel as the name suggests this former Chapel has evolved into a delightful family home that has most recently undergone further modernisation executed with the utmost sympathy to the origins of the building. Inside, now vast open plan living, dining and kitchen areas provide a hub for family living and entertaining alike whilst further, versatile first and second floor accommodation offers three double bedrooms, two bathrooms and study. Outside the gardens enjoy the open field views and ample parking, car port and garage feature. Viewing is essential to fully appreciate the space, standard and location on offer.

Property comprises briefly:
Entrance Porchway
Sitting Room
Dining Room
Snug Area
Kitchen
Study
Bathroom
Utility Room
Three Double Bedrooms
Jack & Jill Shower Room
Garage/Store
Carport & Parking
Gardens

This charming former Chapel dates back to approximately 1870 from when it served the community until the1960s where upon it become a cottage style home for a local family who preserved some treasures of its history, The Old Chapel continued to evolve as the years pass into what is now a delightful spacious family home that still retains some wonderful features.

On entering the property via the front porchway or the double doors to the open plan lobby area we are welcomed into the hub of the home, the large, spacious sitting room, which is soaked in the natural light that flows throughout the open plan living space and reflects off the engineered oak floors that line the entire main living areas. A picture window takes in the rolling field views whilst the oil fired stove offers a cosy focal point to the space and conceals the original priests hole which still has a book of service and smock in place. Our feature staircase rises in the centre of the room and we flow open plan to the snug and dining room. The snug has a brick feature wall whilst French doors lead out into the garden. The dining room cleverly provides a formal dining spot that remains a sociable space flowing open plan back to the main living area and the stunning kitchen. The kitchen has been recently refitted with the utmost attention to detail, a vast range of wall and base units are set against perfectly finished quartz work surfaces. An inset sink is set below one of three windows that take in the garden and field vista, whilst a range of fitted appliances include a neff double oven and five burner gas hob. A door opens to a secluded seating area whilst a centre piece of the room is the second oil burning stove. On the opposite side of the property a door opens to the study which offers a versatile space that again enjoys French doors onto the garden, the study opens to the utility room which in-turn leads into the garage/store. Back in the living room a door opens to small lobby area with walk in storage and leading to the ground floor bathroom. Upstairs we find three well proportioned double bedrooms all with charming views over the rolling fields which surround the property. All the rooms have built in wardrobes, offering excellent storage. A door from the landing leads to the Jack & Jill shower room which has been completely refitted with a large corner shower, low level WC, a vanity hand wash basin set over a storage unit. This shower room returns to the master bedroom, which has enjoys a superb view from its dual aspect windows. this completes the accommodation.

Outside
Approaching The Old Chapel from The Street we pull up to the arch topped twin gates which open to the property where the sweeping drive passes the front of the house providing ample off road parking and turning along with access to both the carport and the garage/store. The garage offers a great storage space in part whilst a section of this space provides a utility room which leads into the house. The gardens are soaked in sun enjoying the southerly aspect and a variety of spaces that continue the theme of family life and entertaining a large patio is set to the front of the charming pergola which enjoys a view of the garden and fields beyond, a second secluded seating area catches the morning sun and leads from the kitchen providing a perfect spot for breakfast. The remaining ground is mainly laid to lawns with a number of flower beds and shrubs to the borders. In the southern corner of the plot is a vegetable garden, whilst a number of raised beds, enclosed by trellis fencing frame the boundary.

Location
The Old Chapel is superbly situated within the village of Fersfield with only a handful of neighbours nearby and field views in abundance. Fersfield itself is a rural village with accessible day to day facilities and amenities being found in the neighbouring villages of South Lopham, Kenninghall and Bressingham. All the neighbouring villages have primary schools with the majority feeding into the well regarded Diss High School and Sixth Form. Diss has a further range of facilities including three supermarkets, pharmacies, doctors, chemists and a variety high street retailers. The town also has a London main line train station whilst the Cathedral City of Norwich is set just 30 mins north by car and offers a wealth of culture, entertainment and is served by its own airport.

Directions
From Diss head West on the A1066 towards Thetford for approximately three miles, turning right onto Fersfield Road, before the village of South Lopham. Follow this road for a further two miles into the village, where the property will be located on the left hand side.

Agent Note
The property is offered subject to and with the benefit of all rights of way, whether public or private, all way leaves, easements and other rights of way whether specifically mentioned or not.

Services
Mains electricity and water connected. Mains drainage. Oil fired radiator central heating. LPG gas for cooking.

Local Authority
South Norfolk Council
Tax Band: C
Energy Rating: TBA
Postcode: IP22 2BL

Tenure
Vacant possession of the freehold will be given on completion.

Fixtures and Fittings
All fixtures and fittings including curtains are specifically excluded from the sale, but may be available in addition, subject to separate negotiation.

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

£
£
£
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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

£ 530700

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
    £ 16000
  • 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

£ 50700
  • 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)
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  • 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.

£

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
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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Notes

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