4 bedroom detached for sale

£480,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

GUIDE 480,000 - 495,000.

SPACIOUS INSIDE & OUT!
This stunning detached house, built in 2018, sits on a truly impressive plot, with a double garage. The accommodation is family sized, offering four double bedrooms, a study, a bathroom and an en suite shower room and a very large open plan kitchen - dining room.

The plot is large. There is ample parking to front as well as the double garage and the rear garden is particularly generous measuring 17.47m (wide) x 14.53m (deep), which is just under 254 metres square.

Built in 2018, the property benefits from lots of upgrades including 15,000 of extras, paid for by the current owners. These include lighting, bathroom and kitchen upgrades and fitted wardrobes. The property still has 6 years of NHBC guarantee to run.

ENERGY EFFICIENCY
The property has an Energy Efficiency rating of A, which is the highest you can currently get. This is largely due to the solar panels, fitted to the roof and the high levels of insulation that come with a modern home.

Accommodation Dimensions:

Entrance Hall

Study/Bedroom Five 103 x 91 (3.13m x 2.76m)

WC/Utility Room 91 x 65 (2.76m x 1.95m)

Living Room 180 x 126 (5.47m x 3.81m)

Kitchen/Dining Room 286 x 110 (8.70m x 3.36m)

First Floor Landing

Bedroom One 148 x 148 (4.48m x 4.46m)

Ensuite 70 x 46 (2.14m x 1.37m)

Bedroom Two 168 x 1311 (5.08m x 4.24m)

Bedroom Three 142 x 91 (4.31m x 2.76m)

Bedroom Four 132 x 99 (4.01m x 2.98m)

Bathroom 64 x 63 (1.93m x 1.91m)

LOCATION
Set in the town of Costessey, Hampden View is a popular community of similar modern homes, perfect if youre looking to enjoy life in the heart of a welcoming community, while remaining well-connected to Norwich. You can commute into the city within 15 minutes or reach Norfolk & Norwich University Hospital in just 8 minutes via the nearby A47 Southern bypass.

Perfectly placed for first time buyers or families, Costessey has a range of shops and amenities within the town and local schools, yet you can also enjoy the vibrant city of Norwich nearby and all it has to offer.

Directions
Head West from Norwich City Centre on Dereham Road continuing into Costessey. Turn left onto Britannia Way and the property can be found on the left hand side and can be identified by our propertyladder for sale board.


IMPORTANT NOTICE

Property Ladder, their clients and any joint agents give notice that:

1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any leasehold charges are provided by the seller and provision should be made to have your legal representative fact check this.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Property Ladder have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise



ENERGY PERFORMANCE CERTIFICATE: A
COUNCIL TAX BANDING: E South Norfolk District Council



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

£ 398700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

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
    £ 12000
  • 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

£ 38700
  • 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

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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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