3 bedroom detached for sale

£375,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

Situated on a small development on the edge of the well served village of Stradroke, this three bedroom detached Hopkins Homes built house features well presented accommodation and benefits from an integral garage, driveway parking and attractive landscaped garden.

Accommodation comprises briefly:

- Hallway
- Cloakroom
- Sitting Room
- Kitchen/Breakfast Room
- Conservatory
- First Floor Landing
- Master Bedroom with En-suite
- Two Further Bedrooms
- Family Bathroom

Outside
- Attractive Landscaped Garden
- Integral Garage
- Driveway Parking
- Cul-de-Sac Location


The Property
The front door opens into the entrance hall with stairs leading to the first floor with useful under stairs cupboard and door into the cloakroom. The sitting room is on the left as you walk in with window to the front aspect and attractive fireplace housing an electric fire. Double doors open into the kitchen/breakfast room which has ample room for a dining table and chairs and is well fitted with a matching range of wall, base and drawer units as well as a tall larder cupboard. There is ample work top space with stainless steel sink with separate drinking water tap, space and plumbing for a washing machine and dishwasher, integrated fridge/freezer, built-in Neff eye level double oven/combination microwave and hob with extractor over. Doors open into the conservatory with underfloor heating and lovely views and doors leading out to the rear garden.

Stairs rise to the first floor accommodation with loft access hatch and cupboard housing the hot water tank. The master bedroom has a window to the front aspect, built-in wardrobe and door to en-suite with enclosed spa shower cubicle with steam jets, low level WC and pedestal wash basin. There are two further bedrooms, one is currently being used as a study with a built-in desk, shelving and cupboards as well as a built-in wardrobe and bedroom three has an excellent range of fitted furniture and dormer windows to both sides. The family bathroom completes the accommodation and is fully tiled with suite comprising panelled bath with shower over, WC and pedestal wash basin.


Outside
The front garden is laid with artificial turf with a path leading to the entrance door. A driveway provides parking and leads to the garage with electric door, power and light connected, the oil fired boiler and water softener are situated in the garage. A side gate leads into the attractive rear garden which has been designed by a local landscaper and has been transformed into a Mediterranean style garden offering a peaceful and tranquil space. The garden is fully paved with raised planters containing a variety of shrubs and plants, a seating area with pergola is covered with a beautiful scented Clematis. To the rear there is a contemporary style water feature.

Location
The property is located on the edge of the village, which includes facilities such as a bakers, butcher, library, primary school, secondary school, leisure centre, swimming pool, doctors and two public houses. Further facilities are available in the neighbouring towns of Harleston, Diss & Framlingham. All have further education including Thomas Mills High School, Archbishop Sancroft High School, Diss High and Framingham College. In addition, the towns have further facilities including larger supermarkets, retailers and restaurants. Diss has a mainline train service to London Liverpool Street, Ipswich and Norwich. The Heritage Coast around Southwold, Walberswick and Aldeburgh is just 30 minutes or so by car.

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

Services
Oil Fired Central Heating - electric underfloor heating in the conservatory.
Mains drainage, electricity and water are connected.
EPC Rating: C

Local Authority:
Mid Suffolk District Council
Tax Band: C
Postcode: IP21 5HE

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.

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

£ 312075

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
    £ 9375
  • 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

£ 30825
  • 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

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