4 bedroom detached for sale

£490,000 Guide Price

4

Bedrooms

Floorplan


Accommodation comprises:

Spacious entrance hall with a cloakroom
Large, light sitting room with a fireplace housing a wood-burning stove
Large Kitchen/diner/family room
Ground floor double bedroom with an en-suite shower room
Study and utility room
Three first floor bedrooms - the master being a very generous size with a further en-suite shower room
Family bathroom
Oil fired central heating
Double glazed windows
Vinyl flooring throughout the ground floor
Deep front garden with a carport and a good size rear garden with a pond and open field views
Quiet wonderful rural location
Vendor has found an onward purchase


The Property
Cox cottage was individually designed and built in 2007 for the current owner and enjoys a wonderful rural location on the edge of the popular village of Westhall. A spacious entrance hall also provide a cloakroom with a door to the excellent kitchen/diner/family room, this is a large room fitted with a good range of cupboards to include an integrated fridge/freezer, dishwasher, gas hob, electric oven and pull out drawers and corner carousels. There is plenty of space for a dining table and an area for a sofa.
The lovely light sitting room is found to the rear with a large bay window and fully glazed door enabling the owner to sit and enjoy the garden and countryside beyond. An attractive brick fireplace houses a wood-burning stove. Off the hallway is a separate study and a utility room, where the water softener is fitted and then a useful ground floor double bedroom with direct access to the rear garden. These rooms would also provide a lovely ground floor annex. as this room also benefits from an en-suite shower room. Off the generous first floor landing are three further bedrooms, two doubles and a single, the master being a particularly generous double room, again with windows to the rear giving wonderful countryside views. This room also has en-suite shower room. There is also a family bathroom.


Gardens
The property is set well back from a quiet country road, approached over a long gravelled driveway with shrub and flower beds to either side. There is a carport and turning area to the front of the house. The oil central heating tank is also sited here. The attractive mature rear garden is lawned with shrubs, flower beds and mature trees. A paved patio runs immediately behind the property. At the bottom of the garden is a wildlife pond with another area to sit and enjoy the open views at the rear. There is also a timber garden shed.

Location
The house enjoys a rural location on the edge of the village of Westhall. Westhall is a small rural village that is immensely proud of its community run pub. The nearby town of Halesworth provides many independent shops, a good range of schools, public houses, restaurants, doctors, vets and a supermarket. It has a thriving centre of arts for the community called The Cut which is used as a theatre, cinema, exhibitions and workshops. There is a train station at Brampton (2 miles away) and also Halesworth with services to London Liverpool Street via Ipswich. The unspoilt heritage coastline of Suffolk with the lovely beaches of Southwold and Walberswick are a twenty 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
Oil fired central heating Mains electric and water and sewerage via a private treatment plant

Local Authority:
East Suffolk Council
Tax Band:E
Postcode: IP19 8RJ
EPC Rating: tba

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

£ 406950

Mortgage Loan to Value

%

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
    £ 12250
  • 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

£ 39450
  • 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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