4 bedroom detached for sale

£390,000 Guide Price

4

Bedrooms

1

Bathrooms

Floorplan

Situated in a popular residential area within easy walking distance of the market town of Harleston, The Manse offers an exceptionally spacious four bedroom detached family home situated in grounds approaching 0.25 Acres (stms) The property requires a cosmetic refurbishment allowing the new owners to put their own stamp on the property. Outside ample off-road parking, a single garage and wrap-around gardens complement the property. Offered with no onward chain this is a must see!

Accommodation comprises:
Entrance Hall with understairs storage cupboard
Sitting Room/Study
Kitchen/Breakfast Room with door into small Lean-to
Ground Floor Lobby and W/C
Living/Dining Room
First Floor Landing
Four Double Bedrooms
Bathroom
Single Garage
Ample Off-Road Parking
Good Size Gardens Front and Rear

The Property
The entrance door opens into a generous hallway with doors leading to all of the main ground floor accommodation. To the left at the foot of the stairs we step into a living room/study with an open fireplace and large window looking to the front aspect, across the hall we find the impressive open-plan living/dining room which spans over approx. 30ft, a fireplace brings a cozy focal point to the room whilst windows to the front and rear aspect look onto the grounds and fill the two spaces with natural light. Overlooking the rear garden is a good-sized kitchen/breakfast room that enjoys windows to two aspects and a glazed door leading into the rear timber lean-to. A lobby offers additional storage space and leads to a downstairs cloakroom. From the entrance hall, the stairs lead up to a spacious first-floor landing where we find our four bedrooms and bathroom. The first three rooms are exceptional doubles with the master set to the rear enjoying a dual-aspect view of the gardens. Bedroom four is a sizable single or small double room that is set at the head of the stairs. The bathroom completes the accommodation and echoes the impressive proportions found throughout this spacious home.

Outside
The property is approached through a double-width entrance onto an impressive tarmac driveway with parking for several cars, plus a single garage and a large lawned area which brings greenery to the frontage and offers the potential for even more parking if desired. Access to the rear garden is offered on both sides. The rear garden is of superb proportions and offers an exceptional private space which is fully enclosed by timber fencing. The modern combination boiler is fitted in the garage where we also found power and light.

Location
The property is situated close to the centre of the bustling market town of Harleston. Nestled in the beautiful Waveney Valley on the old coaching route from London to Great Yarmouth, Harleston is a vibrant market town filled with historic buildings, a beautiful church and plenty of character around every corner. With good local schooling here as well as in Stradbroke and Bungay, the town further boasts an impressive array of independent shops, doctors surgery, post office, chemist and several coffee shops. There is also a popular Wednesday market with free parking and the town of Diss, just a 15 minute drive away, boasts a direct train line to London Liverpool Street.

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
Gas Fired Central heating and hot water. Mains drainage, electricity and water are connected.

Local Authority
South Norfolk District Council
Tax Band: E
Postcode: IP20 9JH

EPC Rating: D

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

£ 324450

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
    £ 9750
  • 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

£ 31950
  • 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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