3 bedroom detached for sale

£400,000 Offers in excess of

3

Bedrooms

1

Bathrooms

Floorplan

Scott & Stapleton are delighted to offer for sale this good size detached house located in a highly desirable location just a few feet from the charming West Wood, Daws Heath.

The property is in need of complete refurbishment and modernisation but priced accordingly and offers 3 good size bedrooms, fitted kitchen & bathroom and a spacious lounge/diner. There is a un-overlooked rear garden and ample off street parking & single garage.

Ideally situated for all amenities, Hadleigh town centre is within easy reach whilst transport links, schools and woodland walks are all also nearby.

A great opportunity to put your own stamp on a great detached house in a peaceful and idyllic location just a few steps from the woods. Offered with vacant possession & no onward chain an early internal inspection is strongly advised.

Accommodation Comprises - UPVC double glazed sliding doors leading to entrance porch.

Entrance Porch - UPVC double glazed window to front, wall light. Obscure UPVC double glazed double doors leading to entrance hall.

Entrance Hall - 4.9 x 1.8 (160' x 510') - Stairs to first floor with understairs storage cupboard. Double radiator.

Ground Floor Cloakroom - 1.7 x 0.8 (56' x 27') - Obscure double glazed window to side. Low level WC, wall mounted wash hand basin, radiator, fully tiled walls.

Kitchen - 4 x 3.1 (131' x 102') - UPVC double glazed windows to front & side, UPVC half double glazed door to side. Basically fitted units to base & eye level, fitted electric oven & separate electric hob, spaces for washing machine & fridge/freezer, roll edge worktops with inset stainless steel sink unit with matching drainer & mixer tap, fully tiled walls & floor, wall mounted Potterton combination boiler (not tested).

Lounge/Diner - 5.1 x 3.5 increasing to 4.4 (168' x 115' increas - UPVC double glazed french doors to rear on to garden, UPVC double glazed windows to rear & side.. Double radiator, 2 wall light points.

First Floor Landing - 1.8 x 1.8 (510' x 510') - UPVC double glazed window to side. Large built in storage cupboard.

Bedroom 1 - 4.1 x 3 (135' x 910') - UPVC double glazed window to front. Range of mirror fronted wardrobes, 2 built in cupboards, double radiator.

Bedroom 2 - 3.3 x 3 (109' x 910') - UPVC double glazed window to rear. Radiator.

Bedroom 3 - 3.3 x 1.9 (109' x 62') - UPVC double glazed window to rear. Radiator.

Bathroom - 1.8 x 1.8 (510' x 510') - Obscure UPVC double glazed window to side. Panelled bath with mixer tap, pedestal wash hand basin & low level WC. Part tiled walls, radiator.

Front Garden - The property is set well back from the road, mostly block paved front garden providing ample off street parking. Mature flower & shrub borders, pedestrian side access.

Garage - 4.8 x 2.5 (158' x 82') - Single attached garage with double doors to front, courtesy door to rear.

Rear Garden - Approx. 30 x 30. Patio, lawn, fully fenced, timber shed.



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

£ 332700

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
    £ 10000
  • 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

£ 32700
  • 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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