3 bedroom detached for sale

£560,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Harleston - 4.9 miles
Bungay - 5.5 miles
Norwich - 15 miles
Southwold & The Coast - 21.9 miles

The Old School offers an exciting opportunity to own an intricate part of the villages history that has been converted into a charming, deceptively spacious and versatile family home. The property is superbly situated in the Norfolk/Suffolk border village of Denton, amongst rolling countryside whilst offering excellent access to the market towns of both Bungay & Harleston. Internally this Victorian School House retains much of the character and open space boasting the original school room at over 34.ft which now serves as a stunning family sitting & dining space with part vaulted ceiling overlooked by the gallery landing. Three double bedrooms and a dressing room feature alongside a delightful kitchen and sun room. Externally the third of an acre plot boasts beautiful gardens, ample parking, garden room and a most impressive double garage/workshop.

Property briefly comprises:-
- Entrance Porch
- 34.ft Family Sitting/Dining Room
- Kitchen
- Sun Room
- Family Bathroom (Ground Floor)
- Bedroom One (Ground Floor)
- Stunning Gallery Landing
- Bedroom Two (First Floor)
- Bedroom Three (First Floor)
- Dressing Room (First Floor)
- Cloakroom (First Floor)
- Third of An Acre Grounds
- Large Double Garage/Workshop
- Ample Parking

The Property
Stepping through the front door of this stunning home we are instantly struck by the impressive amounts of natural light and open spaces only a building such as this can offer. Attractive timbers line the floor whilst the extra wide staircase rises to the first floor. Pushing open the door ahead of us we enter the former school room which now serves as the most impressive sitting/ding room, at over 34.ft there is no compromise on space, whilst full height windows to either end of the room fill the space with natural light. To the front aspect two decorative windows look onto Trunch Hill whilst an imposing fireplace houses the recently fitted wood burner, bringing a cosy focal point to this vast room. In the dining area a door opens within the full height window and leads onto the patio and stunning gardens whilst overhead our eye is drawn to the full height vaulted ceiling with the gallery landing look down on the room. From here a door opens to the kitchen which our vendors have designed to be sympathetic to the building, a small range of fitted units incorporate a butler sink whilst further free-standing units provide additional storage and working areas. A window to the side brings natural light which is further enhanced by a large roof window above. French doors open to the sun room/utility space where we find the perfect spot to enjoy the garden throughout the year. French doors again feature and open to the garden and returning to the main house an inner hall leads from the living space. A large under stairs cupboard offers excellent storage and and doors open to the ground floor bedroom and bathroom. The ground floor bedroom is the first of three impressive double rooms which offers a cool space on the eastern side of the house, two windows look to outside and a range of fitted wardrobes enhance the space. Adjacent the bathroom is of excellent proportions and boasts a bath with separate shower, wash basin and w/c all set against timber panelled walls. The bathroom opens to a small lobby area which in turn leads to outside offering access to the bathroom when working or entertaining outside without coming through the entire house. Climbing the delightful stairs we pass a low brick arch that peeks onto the landing before arriving at the same where the full effect gallery and scale of the vaulted ceiling is breathtaking. The landing is vast and has become a delightful working and display area for our current vendor. Set to the front we find a large double bedroom that is further enhanced by the dressing room. The dressing room offers ample space to serve as bedroom/nursery if one doesnt mind passing through the other room. The full height window from below offers a Juliet balcony effect which looks onto the parking and elevated gardens. Back on the landing we pass the first cloakroom before entering the main bedroom. This generous double room again boasts fitted wardrobes whilst exposed timbers rise into the vaulted ceiling. Complementing the room a door opens to a charming bridge, giving direct access to the upper level gardens.

Outside
Approaching the property at the foot of Trunch Hill we are welcomed by the initial driveway area which offers space for two vehicles and opens via double gates to the impressive main parking area set between the property and the large double garage/workshop. The double garage offers a superb space perfect for the budding car enthusiast whilst at 24.ft x 19.ft the building offers a wealth of use and opportunity. Power and light are connected and we find a large loft area above. From the driveway we approach the property and step under the storm porch before entering the house. A path to the side leads us to the gardens. On the south side of The Old School doors open from both the sun room and the main Living space into the stunning gardens. Our current vendors have created a beautiful garden stocked with native flowers, and shrubs that fill the space with colour and scent throughout the year. A large patio leads from the house and paths between the beds take us around this delightful space. A separate garden room offers the perfect spot to relax and with power, light and water connected, again offers a wealth of uses. Steps to the eastern boundary lead us up to an open area of lawn framed with established trees and hedges where we pass a bridge that leads from one of the upper bedrooms directly into the garden. From here we enjoy the elevated views of the rolling countryside that surrounds the property. At the head of the space we find a kitchen garden from where two sets of steps return to the parking area and front entrance of the property.

Location
The property is located in the popular South Norfolk village of Denton, which boasts a village hall and active community whilst neighbouring Alburgh offers a well regarded Primary School. The nearby market towns of Harleston and Bungay are vibrant, filled with historic buildings, beautiful churchs and plenty of character around every corner you turn. Both boasts an impressive array of independent shops, doctors surgery, post office, chemist, delicatessen and a range of coffee shops and cafes. The town of Diss, just a 15 minute drive away and boasts a direct train line to London Liverpool Street. approx 100 minutes.

Fixtures and Fittings
All fixtures and fittings including curtains are specifically excluded from the sale (unless mentioned in the sales particulars), but may be available in addition, subject to separate negotiation.

Services
Oil fired radiator central heating and hot water.
Mains water and electricity.
Private drainage.

Energy Rating: E

Local Authority
South Norfolk Council
Tax Band: E
Postcode: IP20 0AE

Tenure
Vacant possession of the freehold will be given upon 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.

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

£ 464700

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
    £ 14000
  • 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

£ 44700
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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.

£

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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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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