5 bedroom detached for sale

£625,000 Guide Price

5

Bedrooms

Accommodation comprises:

Front Entrance Porch
Sitting Room & Library
Dining Room
Kitchen & Utility
Study
Ground Floor Shower Room
Conservatory
Master Bedroom with En-suite
Three further Bedrooms
Office (former bedroom)
Bathroom
Oil Central Heating & Hot Water & Electric Heating from Solar Panels
Wonderful Gardens of Over One and Half Acres of Lawns Interspersed with Shrubs and Flower Beds, a
Large Variety of Muture Trees and a Woodland Area
Large Log Cabin
In and Out Driveway and Garage with Plenty of Parking on the Large Brick Weave Front Drive

The Property
Believed to date back to the 1850s and formally more then one dwelling, the property has been in the same family for many years and has been well maintained and extended over time. This house offers very versatile accommodation with four reception rooms and a large conservatory, along with a well fitted kitchen, utility room and shower room on the ground floor. off the spacious landing on the first floor are four bedrooms, the master being particularly
spacious and benefits from an en-suite shower room and a good range of wardrobes. A further bedroom currently houses the solar panel controls along with a large airing cupboard and would make a good office. The house sits back from the road in an elevated position in the middle of this popular village and enjoys views to the rear over its wonderful mature private gardens.

Gardens
The house is approached via an in and out brick weave drive which takes you past the property to a single garage and then returns to Church Hill. The deep frontage is well planted with shrubs and trees. The large gardens are found behind the house and then run behind the neighbouring properties where there is vehicular access from Bramfield road to the rear of the plot. The gardens have been well planted over the years and now have many types of mature trees with a woodland area, lawns are interspersed with shrub and flower beds, a pergola with climbers, fruit trees and bushes, wildlife pond and patios to sit and enjoy the wonderful plot. There is a large log cabin, a greenhouse, garden shed and two log stores.

Location
The property is situated in the village of Walpole, just two miles from the market town of Halesworth. Halesworth provides many independent shops, Edgar Sewter primary school, public houses, cafs, restaurants, GP surgery, vets and a supermarket. The Cut is the towns exceptional arts centre - converted from a former maltings which offers a dynamic year-round programme of theatre, cinema, dance and exhibitions, plus art and fitness classes. Also within walking distance is the train station with services to London Liverpool Street via Ipswich. The unspoilt heritage coastline of Suffolk with the glorious beaches of Southwold, Dunwich and Walberswick are a 20-minute drive away.

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

Services
Mains water, electricity and drainage. Oil fired central heating and solar panels for hot water and electric heating.

Local Authority
East Suffolk Council
Tax Band: F
Postcode: IP19 9AX
EPC: C

Agents Note
This 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.

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


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

£ 518325

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 15625
  • 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

£ 49575
  • 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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£
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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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