3 bedroom detached for sale

£495,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

Situated in a rural village location and overlooking fields to the front, this beautifully presented detached family home sits on a generous plot of approximately 1/3 acre (sts) and offers spacious and flexible accommodation including three reception rooms and three double bedrooms. The property benefits from ample driveway parking for several cars, a timber garage/workshop and attractive gardens.

The accommodation briefly comprises:-

- Entrance Hall
- Cloakroom
- Sitting Room
- Dining Room
- Snug/Sitting Room
- Kitchen/Breakfast Room
- First Floor Landing
- Master Bedroom with En-suite Shower Room
- Two Further Double Bedrooms
- Family Bathroom

Outside
- Attractive and Well Tended Gardens
- Off-Road Parking for several cars
- Timber Garage/workshop
- Cabin with Hot Tub
- Farmland Views to the front
- Generous Plot extending to approximately 1/3 acre (sts)

The Property
The front door leads into the spacious and welcoming hallway with stairs leading to the first floor with under stair storage cupboard and window to the side aspect. The snug/sitting room overlooks the front and side aspects with fireplace housing the wood burning stove with a tiled hearth, creating a cosy focal point. The cloakroom is also accessed from the hall with window to the side and has recently been refitted with a modern wash basin and WC set in a storage unit. The spacious double aspect kitchen/breakfast room has a tiled floor and is well fitted with a range of matching base, wall and drawer units and a central island incorporating a wine rack. There is a range style cooker with gas hob and extractor over, an integrated dishwasher and washing machine, cupboard under the sink housing the water softener with separate drinking water tap and freestanding fridge/freezer. A large cupboard with light and power connected currently houses the tumble dryer and a door leads out to the rear garden. Double doors from the kitchen open into the dining room with a window to the side and leads you directly into the main sitting room. This spacious room has a window to the side and double doors leading out to the rear garden and onto a paved terrace.

Stairs lead from the hallway to the first floor landing with useful storage cupboard. The double aspect master bedroom is a wonderfully light room and situated to the front of the property with beautiful views over open farmland. The fully tiled en-suite comprises a shower, WC and wash basin. There are two further double bedrooms and the family bathroom with window to the side and comprises a P shaped bath with shower attachment and glazed screen, pedestal basin, WC and useful storage unit.


Outside
The front garden is enclosed and mainly laid to lawn with gravel borders planted with shrubs and rose bushes and with a path leading to the entrance door and gated access to the rear. A five bar gate opens onto driveway to the side of the house and provides ample parking for a number of vehicles and leads to the timber garage with double opening doors and attached workshop with power and light connected. The beautifully tended rear garden is fully enclosed and mainly laid to lawn with a paved patio to the rear of the house, as well as a further covered seating area. The attractive borders and beds are stocked with a variety of seasonal flowering plants and shrubs and there is also a small vegetable bed and mature fruit trees including apple and pear. A further timber shed, greenhouse and a cabin complete with a hot tub are all included in the sale.

Location
The property is located in the rural village of Weybread, just a 5 minute drive away from 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 you turn. 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, delicatessen 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 in 100 minutes.

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

Services
LPG central heating and hot water
Mains drainage, water and electricity are connected.

Local Authority
Mid Suffolk District Council
Tax Band: D
Postcode: IP21 5TL
EPC - tbc

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

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

£ 411075

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
    £ 12375
  • 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

£ 39825
  • 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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