4 bedroom detached for sale

£635,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

Harleston - 4.8 miles
Diss - 14.1 miles
Norwich City - 21.4 miles
Southwold & The Coast - 16.6 miles

Situated in the heart of the picturesque village of Metfield on the Norfolk/Suffolk border we are delighted to offer this imposing, spacious, four double bedroom, newly built home. McNaughton Homes are renowned for their individual design, attention to detail and superbly positioned sites, Timaru makes no compromise and boasts an impressive 2049 sq.ft (sts) of accommodation boasting two reception rooms, impressive kitchen/dining room, utility & cloakroom, oversized garage, four bedrooms and three bathrooms. Outside the frontage boasts a large parking area leading to the garage whilst at the rear the patio terrace leads from the dining area looking onto the generous garden and views to the rear.

The accommodation briefly comprises:-
- Reception Hall
- Snug/Study
- Sitting Room
- 24.ft Kitchen/Dining Room
- Utility Room - Cloakroom
- Integral Garage
- First Floor Landing
- Master Bedroom, Dressing Room & En-Suite
- Guest Bedroom & En-Suite
- Two Further Double Bedrooms
- Family Bathroom
- Super Plot Front & Rear
- Private Rear Gardens

The Property
Stepping through the front door of this individually designed home the scale and standard of finish are instantly apparent. Our stairs rise to the first floor where the spacious landing is flooded with natural light from a large skylight set to the vaulted ceiling. To our right we find the first of the rooms, the snug/study is ample space to serve as formal dining room or a superb second reception room or work space. Back in the hall attractive tiled flooring runs through to the kitchen dining room bringing continuity and enhancing the feeling of space throughout. On our left a door opens to the garage & cloakroom and we pass the under stairs cupboard. From here we enter the sitting room and kitchen dining room. The sitting room boasts superb proportions and enjoys a view over the patio terrace and rear garden. The sitting room flows open plan into the kitchen dining room making the two impressive rooms perfect for busy family life and entertaining alike. The kitchen dining room is exceptional! French doors and a full wall of sliding doors both open to the patio allowing the inside and outside to flow seamlessly in the summer months. In the kitchen we find a bespoke range of fitted units complemented by a full range intergrated appliances, a window over the sink enjoys the garden and views beyond whilst a door leads into the utility room providing space for our laundry appliances. A door from here opens to outside. On the first floor the delightful landing leads to all of the bedrooms and family bathroom. The first two impressive double rooms are set to the right and enjoy fitted wardrobes whilst the family bathroom is set to the centre of the house boasting a bath, separate shower, wash basin and w/c. Set to the front we find the generous guest bedroom enjoying its own en-suite shower room whilst at the rear we enter the master suite via the dressing room where space is made to fit a complement of wardrobes or use as is. The dressing room opens to the vast master bedroom which in turn leads to the en-suite bathroom where bath, shower, sink and w/c are found.

Outside
Approaching this imposing home from The Street we are welcomed by the extensive driveway offering an abundance of parking and turning space whilst leading to both the garage and front door of the home. The driveway is set to be laid to shingle set within grid matting to help manage the space and reduce maintenance. Planted beds will surround the space and mix of hedging and timber fences will form the boundaries. At the rear we step from the dining area via French Doors and a full wall of patio doors onto the paved patio terrace. The garden offers a superb space for a new owner to create an exceptional garden.

Location
The property is situated in the centre of the semi-rural Norfolk/Suffolk border village of Metfield, this ever popular village enjoys a community run shop and active village hall whilst being located within close driving distance of the towns of Halesworth, Diss and Harleston. Harleston is a vibrant market town, filled with historic buildings and 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 benefits from a direct train line to London Liverpool Street. The city of Norwich and the Suffolk coastline are both approx 30 mins drive.

Fixtures and Fittings
The property will be offered at the early stages with a choice of finishes, carpets are not included within the asking price but the developer will accommodate a purchasers carpet fitters or offer the services of their preferred supplier.

Services
Air source heating.
Mains drainage, water and electricity.
EPC Rating: TBA on completion

Local Authority:
Mid Suffolk Council
Tax Band: TBC
Postcode: IP20 0LB

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.

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

£ 526575

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
    £ 15875
  • 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

£ 50325
  • 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

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  • 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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