3 bedroom detached bungalow for sale

£600,000 Offers in excess of

3

Bedrooms

2

Bathrooms

Floorplan

This excellent and very spacious three bedroom detached bungalow sits on a plot of approximately 1/2 acre of immaculate landscaped gardens, having recently undergone a complete programme of refurbishment to a very high standard. Located in the town with a massive driveway, in a non-estate location.

Accommodation comprises:

Entrance hallway
Fabulous 26ft. open plan kitchen/dining/family room
Superb fitted kitchen with Quartz worktops and many fitted appliances
Large utility room
Spacious sitting room
Master bedroom with an en-suite shower room
Two further double bedrooms
Well appointed bathroom
Attached garage with electric door
Large mature well tendered wrap around plot of approx. 1/2 acre with extensive sandstone terracing
Summerhouse and workshop
Huge gravelled parking area for multiple vehicles
Gas central heating and two multi-fuel stoves
Newly installed double glazing throughout with window blinds

The Property

This large and exceptional detached bungalow is in immaculate condition, the owners have recently carried out a program of refurbishment with high end fixtures and fittings. The front door opens into a hallway, a door on the left hand side opens into the sitting room which overlooks the side and deep front garden. A lovely large room with a fireplace housing a multi-fuel stove. Off the hallway to the right, a door leads into the superb open plan kitchen/dining/family room, a lovely light room with large windows overlooking the front garden, another fireplace houses a multi-fuel stove and wood effect Karndean flooring is fitted throughout this room, the hallways and bathrooms. The light grey stylish kitchen with its Quartz worktops include a filtered drinking water tap and water softener, integrated dishwasher, microwave/oven & electric oven, induction hob with an extractor over. Off this room is a utility room, which is a good size with direct access to the garage, front and rear garden, again well fitted with plumbing for washing/drying appliances. The extra deep single attached garage is fitted with an electric roller door and this is also where the gas condensing boiler is sited. A long inner hall provides two built-in cupboards - one is an airing cupboard, with all the bedrooms leading off. The main bedroom enjoys patio doors to the rear garden and a good range of built-in wardrobes also an excellent en-suite shower room and there is also a family bathroom, both are fitted with high end sanitary ware, the en-suite has a large shower cubicle and the bathroom benefits from a shower over the bath. The other two double bedrooms can be found overlooking the rear garden, both with built-in wardrobes.

Outside

Beechmast is set well back from the road by a deep lawned front garden, entered through a five bar gate with laurel hedging and fencing. A neat shingled driveway with parking for multiple vehicles is found to one side with mature trees. Next to the garage, a garden gate gives access to the rear garden with extensive sandstone paving surrounding the bungalow, including a exceptionally large rear patio with a curved brick wall to access a further area of garden at the rear. There is also a timber workshop and a lovely summerhouse. The well tendered lawns have been planted with flower and shrub beds. The plot amounts to approximately 1/2 acre with matures trees and hedges which gives this fantastic property a good deal of privacy.

Location

Situated on the edge of the town but within walking distance of the towns facilities, the market town of Halesworth provides many independent shops, a 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. The unspoilt heritage coastline of Suffolk with the lovely beaches of Southwold and Walberswick are only a short 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
Gas fired central heating, Mains electric, sewerage and water.

Local Authority:
East Suffolk Council
Tax Band: D
Postcode: IP19 8PX
EPC Rating: 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

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

£ 497700

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
    £ 15000
  • 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

£ 47700
  • 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

Adjust these figures

  %

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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