4 bedroom cottage for sale

£450,000 Guide Price

4

Bedrooms

1

Bathrooms

Floorplan

Full of character and history, this delightful Grade ll listed detached home dates back to the early 1600s and is situated in the centre the village. The property has been extended over the years and now provides spacious and versatile living space across three floors with wonderful original features throughout. Outside, there is an attractive enclosed rear garden, ample car parking in front of the property and an attached garage.

Accommodation comprises briefly:

- Entrance Hall
- Sitting Room
- Dining Room
- Kitchen/Breakfast Room
- Study
- Utility Room
- Office/Bedroom
- Downstairs WC
- First Floor Landing
- 3/4 Double Bedrooms
- Bathroom

Outside
- Attractive Rear Garden
- Ample Off-Road Parking
- Attached Garage
- Desirable Village Location


The Property

A timber front door opens in the entrance hall with Victorian tiled floor and useful space for hanging coats and storing boots and shoes. Opening into the sitting and dining room, these rooms are full of character, with a wealth of beams and open stud work as well as a rare double buttery archway and mullion window. Both rooms have a box bay window to the front aspect, one with a fitted window seat. The brick inglenook fireplace with fitted wood burner in the sitting room creates a cosy focal point with a further fireplace in the dining room which is also fitted with a wood burning stove. A door from the sitting room opens into the wonderful kitchen/breakfast room, a complete contrast to the older part of the property, full of natural light with a vaulted ceiling and full length window overlooking the rear garden. The kitchen is well fitted with range of cream traditional style wall, base and drawer units, complemented with solid timber worktops with inset ceramic sink. There is space for a range cooker with extractor over and space and plumbing for a dishwasher. A stable door leads out to the side of the property with further double doors leading out to the garden. The kitchen leads through to the study/music room with window overlooking the rear garden with a step up into the utility room with plumbing for a washing machine and tumble dryer and a door into the garage. There is a cloakroom with WC and wash basin. The office/bedroom has double doors opening into the garden and window to the rear.

From the sitting room a door opens onto the staircase leading up to the first floor landing. Original wide timber floorboards continue into the two bedrooms, both doubles with exposed stud work and overlooking the front aspect. The spacious bathroom has a window to the rear with far reaching views over the meadow and comprises a wood panelled bath, fully tiled corner shower cubicle, WC and wash basin.

A further staircase leads to the two interconnecting attic rooms, with fine exposed beams and stud work, vaulted ceilings and skylight windows.

Outside
Two entrances either side of a low brick wall lead to the gravelled parking area in front of the house with double doors opening into the garage with power and light connected and plenty of overhead storage space. A shared driveway to the right hand side of the house provides pedestrian access into the rear garden. The pretty rear garden is fully enclosed and laid to lawn with borders planted with a mixture of shrubs and seasonal plants as well as a vegetable plot and a paved seating area. An attached outbuilding to the side of the house provides a useful storage space for garden tools.

Location
The property is located in the pretty and sought after village of Needham which is on a main bus route and with its active village hall, pub and is within easy access for the Angles Way footpath and beautiful river walks. A short drive away is the bustling market town of Harleston. The town boasts an impressive array of independent retailers plus doctors surgery, post office, chemist, various coffee shops and restaurants. There is also a popular Wednesday market with free parking and the market town of Diss, just a 15 minute drive away, boasts a direct train line to London Liverpool Street.

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.

Services
Gas fired central heating and hot water (the boiler is situated in the garage)
Mains electricity and water are connected.
Private Drainage - Treatment Plant
EPC Rating: D

Local Authority:
South Norfolk District Council
Tax Band: D
Postcode: IP20 9LF

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.

Map location is not available for this property.

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

£ 373950

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
    £ 11250
  • 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

£ 36450
  • 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

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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