3 bedroom terraced for sale

£259,995 Guide Price

3

Bedrooms

3

Bathrooms

Floorplan

Pennington are pleased to offer for sale this three bedroom, three storey town house situated to the east side of Ipswich within walking distance of Derby road train station and Ipswich Hospital. Refurbished family bathroom (3 years ago) and en-suite shower room ( 2 years ago). Mainly south facing garden. The property is also situated in the Copleston High School catchment and close to all local amenities. This property offers entrance hall, cloakroom, fitted kitchen, living/dining room, family bathroom, main bedroom with en-suite and dressing room, two further double bedrooms, double glazing throughout, gas central heating, garage and off road parking space. This property will be sold with vacant possession and an early viewing is highly recommended.



Accommodation:

Main front door into:

Entrance Hallway: - Storage cupboard, radiator, heating and hot water thermostat controller, stairs and Doors off
.

Cloakroom: - Double glazed window to front, hand wash basin with vanity unit, low level WC and radiator.

Living/Dining Room: - 4.91m x 4.09m max 3.05m min (161 x 135 max)
Double glazed window to rear, double glazed French doors overlooking rear garden, TV point, telephone point, fire place, spot lights, coved ceiling and spacious under stairs cupboard. Power points.

Kitchen: - 3.98m x 1.89m (130 x 62 )
Double glazed window to front, coved ceiling, wall and base units, work top with splash back tiles, under cupboard lighting, one and a half bowl sink and single drainer, space for washing machine, dishwasher, fridge freezer, integrated oven and gas hob, part tiled walls and tiled flooring. Power points.

First Floor Landing: - Doors off.

Bedroom Two: - 4.10m x 3.06m (135 x 100 )
Double glazed window to rear, coved ceilings, radiator. Power points

Bedroom Three: - 4.06m x 2.89m (133 x 95 )
Double glazed window to front, coved ceiling, radiator. Power points

Bathroom: - Panelled bath with dual shower heads, vanity unit wash basin, low level WC, spot lights, coved ceiling, radiator.

Second Floor Landing, doors off

Bedroom One: - 4.12m x 3.98m (136 x 130 )
Double glazed window to front, TV point, airing cupboard, coved ceiling, radiator, Power points, and arch through to:

Dressing Area: - 3.22m x 1.965m (106 x 64 )
Velux window to rear, radiator, Power points, and door into:

En-Suite: - Spot lights, low level WC, hand wash basin and double shower cubicle, built in cupboard, heated towel rail,

Outside: - To the front of the property has a pathway to front door and shingled garden.


To the rear of the property, main garden providing mainly laid to lawn, patio area and access to rear providing access to garage with up and over door and one allocated parking space no 194.

NB THERE IS A SMALL YEARLY MAINTENACE CHARGE FOR THE UPKEEP OF THE PARKING AREA. COST TO BE CONFIRMED


EPC RATING C
COUNCIL TAX BAND C
Tenure - FREEHOLD
Annual Service Charge - EWS Property Management July 2024 charge was 144


AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.



Pennington are pleased to offer for sale this three bedroom, three storey town house situated to the east side of Ipswich within walking distance of Derby road train station and Ipswich Hospital. Refurbished family bathroom (3 years ago) and en-suite shower room ( 2 years ago). Mainly south facing garden. The property is also situated in the Copleston High School catchment and close to all local amenities. This property offers entrance hall, cloakroom, fitted kitchen, living/dining room, family bathroom, main bedroom with en-suite and dressing room, two further double bedrooms, double glazing throughout, gas central heating, garage and off road parking space. This property will be sold with vacant possession and an early viewing is highly recommended.




Accommodation:

Main front door into:

Entrance Hallway: - Storage cupboard, radiator, heating and hot water thermostat controller, stairs and Doors off
.

Cloakroom: - Double glazed window to front, hand wash basin with vanity unit, low level WC and radiator.

Living/Dining Room: - 4.91m x 4.09m max 3.05m min (161 x 135 max)
Double glazed window to rear, double glazed French doors overlooking rear garden, TV point, telephone point, fire place, spot lights, coved ceiling and spacious under stairs cupboard. Power points.

Kitchen: - 3.98m x 1.89m (130 x 62 )
Double glazed window to front, coved ceiling, wall and base units, work top with splash back tiles, under cupboard lighting, one and a half bowl sink and single drainer, space for washing machine, dishwasher, fridge freezer, integrated oven and gas hob, part tiled walls and tiled flooring. Power points.

First Floor Landing: - Doors off.

Bedroom Two: - 4.10m x 3.06m (135 x 100 )
Double glazed window to rear, coved ceilings, radiator. Power points

Bedroom Three: - 4.06m x 2.89m (133 x 95 )
Double glazed window to front, coved ceiling, radiator. Power points

Bathroom: - Panelled bath with dual shower heads, vanity unit wash basin, low level WC, spot lights, coved ceiling, radiator.

Second Floor Landing, doors off

Bedroom One: - 4.12m x 3.98m (136 x 130 )
Double glazed window to front, TV point, airing cupboard, coved ceiling, radiator, Power points, and arch through to:

Dressing Area: - 3.22m x 1.965m (106 x 64 )
Velux window to rear, radiator, Power points, and door into:

En-Suite: - Spot lights, low level WC, hand wash basin and double shower cubicle, built in cupboard, heated towel rail,

Outside: - To the front of the property has a pathway to front door and shingled garden.


To the rear of the property, main garden providing mainly laid to lawn, patio area and access to rear providing access to garage with up and over door and one allocated parking space no 194.

NB THERE IS A SMALL YEARLY MAINTENACE CHARGE FOR THE UPKEEP OF THE PARKING AREA. COST TO BE CONFIRMED


EPC RATING C
COUNCIL TAX BAND C
Tenure - FREEHOLD
Annual Service Charge - EWS Property Management July 2024 charge was 144


AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

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

£ 217195.875

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
    £ 6499.875
  • 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

£ 22199.625
  • 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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