6 bedroom detached for sale

£695,000 Guide Price

6

Bedrooms


Rosemead is a six bedroom detached house offering very light and extremely generous sized accommodation.Recently re-furbished to provide an amazing family home, sitting in approximately 1 acre of grounds and approached over the long driveway, in this wonderful very quiet rural village.

Accommodation comprises:

Entrance lobby and large hallway
Sitting room overlooking the gardens
Newly fitted kitchen/breakfast room
Dining room & conservatory
Ground floor bathroom
19ft x 18ft Master bedroom
Five Further Bedrooms
Re-fitted bathroom, shower room & en-suite all with high end sanitary ware
New floorings throughout
Re-wired, new boiler & plumbing with oil central heating
High speed fibre broadband of at least 300 MB/s
Boiler /boot room
Double attached garage and long driveway with plenty of parking
Upvc double glazing
Established lawned garden of approximately 1acre
Views to the rear over countryside
Chain Free

The Properties
Rosemead is an extremely large detached house built in the mid 1980s and benefits from a programme of updating with the recent addition of an extension providing an attractive entrance porch, double attached garage with an electric door and an extremely generous master bedroom above with an en-suite shower room. The large entrance hall gives access to the sitting room at the front of the property, this triple aspect room also has patio doors to the garden and an open fireplace. Then a large opening leads to the dining room, which also has a fireplace. Off the dining room is a conservatory. The kitchen is to the rear where there is plenty of space for eating and has been re-fitted with a range of base and wall units with timber worktops, integrated dishwasher, double oven, microwave and ceramic hob with a stylish extractor hood. A boot room to the rear connects the house to the garage and also houses the recently installed A rated oil-fired boiler, smart individual room heating controls have also been provided. There is also a ground floor bathroom. Off the large 1st floor landing are six bedrooms, an en-suite shower room and two bathrooms, all have been re-fitted with high end sanitary ware with large showers with digital controls and free standings baths. The Bedrooms also enjoy views over the gardens and countryside to the rear.

Gardens and Grounds
The property is set well back from St. James Lane in the village and approached by a long gravelled driveway which leads to the double garage and provides plenty of parking. The large gardens are enclosed by established hedges and post and rail fencing, predominately laid to lawn with a variety of mature trees such as Oak, Birch, Willow and Walnut. Paving areas are next to the conservatory, with a timber shed/pony stable to the rear which has power and light connected. The garden also backs onto fields at the rear.

Location
St James South Elmham is a small rural village with the nearby towns of Halesworth (6 miles) and Harleston (7 miles) away, providing many independent shops, a good range of schools, public houses, restaurants, doctors, vets and a supermarkets. Halesworth 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 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 thirty 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, water and drainage.

EPC Rating: C

Local Authority:
East Suffolk Council
Tax Band: F
Postcode: IP19 0HR

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

£ 576075

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
    £ 17375
  • 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

£ 54825
  • 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

Adjust these figures

  %
  %
£
  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message