3 bedroom detached for sale

£525,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

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

Superbly situated and surrounded by rolling countryside in the popular Norfolk/Suffolk Border Village of Metfield, we find Brick Kiln Cottage. A deceptively spacious and versatile, detached family home boasting over 1500 sq.ft of accommodation coupled with 1/4 of an acre grounds, which provide ample parking and the most attractive cottage gardens. Internally the accommodation offers two reception rooms, superb kitchen/dining room leading onto the garden, three large double bedrooms, bathroom and separate shower room along with a range utility and functional spaces throughout. Viewing is essential to appreciate the space, character and location on offer.

Accommodation comprises:-
- Entrance porch
- Study/Snug with wood burner
- Sitting Room
- Inner Lobby
- Separate Utility Room and downstairs WC
- 24 ft Family Kitchen/Dining room
- Large walk-in Pantry
- Three Double Bedrooms
- Family Bathroom
- Separate Shower Room
- Ample Driveway parking
- Exceptional Cottage Gardens
- Large Timber-built workshop

The Property
Approaching the cottage from the driveway at the front, a wonderfully bright entrance porch welcomes us to the home, whilst in true Suffolk style our vendors come and go via the rear of the property where we enter the superb kitchen/dining space. Entering from the front porch we step into the snug/study, this room is both spacious and airy and features fireplace with woodburner. Our first staircase rises to the first floor and a door opens to the inner hall leading to all the ground floor accommodation. The sitting room is equally bright and enjoys a dual-aspect with windows to the front and side, filling the room with natural light, a fireplace takes a focal point and the second staircase rises to the first floor. The inner hall between the two reception rooms leads into a superb lobby space with ample space for coats and boots but could also serve as a home office area. A door leads into a useful utility room which in turn leads into a separate downstairs cloakroom which also houses the boiler. To the rear of the property we find the hub of the home, the wonderfully spacious family kitchen/dining room with part-vaulted ceiling, skylights over the dining area and windows to the rear and side along with French doors out to the patio, all of which soak up the superb views of the garden. The kitchen has been sympathetically fitted and is well appointed featuring a range of cream painted units with wooden worktops, attractive tiled splashbacks and inset stainless steel oven, hob and extractor. There is also a sizeable walk-in pantry which can be accessed from the kitchen. This welcoming and bright kitchen/dining space is a delight.

To the first floor lie three bedrooms, each of which is comfortably suitable for a king size bed - all of which boast built-in wardrobes with the bedroom to the rear of the property enjoying views across fields and farmland. The current owner has increased the ceiling height in one of the bedrooms, removing any issues often associated with restricted head height in older properties. The primary bathroom is painted neutrally in white throughout and features an attractive leaded-glass window plus skylights and comprises panelled bath, WC and hand wash basin. There is also a separate shower room, also with a skylight and comprising a double-width shower cubicle, WC and hand wash basin. Unusually for an older-style property, all rooms are of a good size and feature a range of exposed timbers and beams with some rooms featuring exposed brickwork.

Outside
The property enjoys a discreet position set-back from the road and shielded by a range of mature trees, hedging and a charming garden whilst the gravelled driveway provides off-road parking for multiple vehicles. A path leads us to the front door whilst the drive continues to the timber garage and iron gates that open to the rear. At the rear of the property the gardens really come into their own. A raised patio area spans the rear of the property and is accessed from the kitchen/dining room allowing the inside and out to flow seamlessly when summer entertaining or simply enjoying the garden. Steps lead us down to the extensive lawns which have been cut into pathways that flow throughout the beds of wild flowers and established shrubs that fill the space with colour and scent. A seating area to the right of the garden overlooks the nature pond whilst established hedging frames the boundaries. At the foot of the garden we find a timber workshop connected with power and light whilst two garden sheds are nestled on the left hand boundary.

Location
Christmas Lane is located on the edge of the much sought after Norfolk/Suffolk border village of Metfield and within walking distance of the community-run village store. Metfield is charming, located within close driving distance of the towns of Halesworth, Diss and Harleston and as well as the shop there is an active village hall which has recently re-opened following refurbishment. Harleston is a vibrant market town, filled with historic buildings and an impressive array of independent shops, doctors surgery, post office, chemist, delicatessen 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 in 100 minutes.

Fixtures and Fittings
All fixtures and fittings including curtains are specifically excluded in 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.

Local Authority
Mid Suffolk District Council
Tax band: D
Postcode: IP20 0JY
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.

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

£ 435825

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 13125
  • 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

£ 42075
  • 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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