5 bedroom detached for sale

£590,000 Guide Price

5

Bedrooms

2

Bathrooms

Floorplan

Situated in an idyllic rural location with far reaching farmland views to the front and rear this Grade ll listed family home dates back to the 1750s and contains many fine period features including inglenook fireplaces and exposed beams but with the advantage of later modern extensions including a guest wing which would make ideal annexe accommodation. The property sits on a plot extending to approximately 0.7 acres (stms) with and has an extensive parking area to the front, double garage and delightful gardens. The property is offered with no onward chain.

Accommodation briefly comprises:

- Entrance Hall
- Sitting/Music Room
- Dining Room
- Kitchen
- Utility room
- Breakfast Room
- Garden Room
- Bedroom with en-suite shower room
- Study/Bedroom 5
- First Floor Landing
- Master Bedroom with En-suite WC
- Two Further Bedrooms
- Shower Room

Outside
- Double Garage with electric car charging point
- Ample Off-road Parking for several vehicles
- Attractive Established Gardens
- Total Plot Extending to approximately 0.7 acres (stms)
- Stunning Rural Views


The Property
The front door opens into the entrance hall which is heavily timbered with stairs rising to the first floor and original coffin hatch. Doors lead off from the hall to the principal reception rooms with the sitting/music room to the right hand side. This triple aspect room is full of character with wall and ceiling timbers and attractive brick fireplace housing a multi-fuel stove and offers lovely views over the gardens with a door leading out to the side. The double aspect dining room again is full of character with a fire-place housing a wood burning stove and plenty of entertaining space. Walking into the contemporary style kitchen, which has been re-fitted by the current owner, is a complete contrast with its sleek modern range of units with integrated appliances, granite work surfaces and central island. The modern range style cooker is included in the sale. The kitchen leads off to the breakfast room which has lovely views over the garden and this in turn leads into the utility with a range of base units with granite work tops which match the kitchen and again with integrated appliances. Walking back into the breakfast room a door takes you into the garden room again with beautiful views over the garden. This part of the house would make an ideal annexe with the bedroom with en-suite and a further room which could be another bedroom or study.

Stairs rise from the entrance hall to the first floor landing with doors to all bedrooms and the shower room. At one end you will find the master bedroom complete with en-suite WC, painted wooden floorboards and stunning far reaching countryside views to the front and rear. There are two further double bedrooms, both again with rural views and the re-fitted shower room comprising a fully tiled shower cubicle, WC and wash basin.


Outside
The property is approached over a gravel driveway and leads to the detached double garage with power and light connected as well as an electric car charging point. There is plenty of parking in front of the property. Surrounded by open farmland, the attractive gardens offer a good degree of privacy and are mainly laid to lawn with a paved seating area, established beds stocked with a variety of seasonal plants of shrubs, as well as several fruit trees including apple, pear and medlar. Outbuildings include a timber garden shed with external power supply and wood store.

Location
The property is located on the edge of the pretty South Norfolk village of Alburgh, conveniently positioned between the bustling market towns of Bungay and Harleston and further benefitting from the highly regarded Alburgh with Denton Primary School. Harleston and Bungay both offer a good range of amenities and schooling for all ages and town of Diss, just a 20 minute drive away, boasts a direct train line to London Liverpool Street. The cathedral city of Norwich is approximately 19 miles away with Southwold on the coast approximately 21 miles away to the East.

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


Services
Oil Fired Central Heating
Mains water and electricity are connected
Private Drainage via a digester system
EPC: Exempt due to listing

Local Authority
South Norfolk District Council
Tax Band: F
Postcode: IP20 0BT

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

Agents 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.





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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

£ 489450

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
    £ 14750
  • 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

£ 46950
  • 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
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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.

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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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