Offered to the sales market, with no onward chain, is this
fabulous three bedroom, semi-detached family home, nestled in the heart of
Marks Tey. Built in the mid-seventies, the house is within a short walk
of Marks Tey main line train station (with its direct links to both London
Liverpool Street and Norwich), as well as local schools and local amenities…
making it ideal for a growing family and also those looking to commute.
On entering, the hallway provides access to the fully fitted
modern kitchen with integrated appliances from Bosch, Samsung and Electrolux.
To the right of the hallway is an open-arch to the dining room, and at
the rear of the house is a good sized lounge boasting a modern electric fire
and patio doors to the 13m x 8m garden. The dining room has the
versatility to become a home office, a home gym or perhaps even a fourth
bedroom.
Up the stairs are three double bedrooms, a three-piece
family bathroom and separate toilet. The main bedroom sits across the front of
the house with the other two double bedrooms overlooking the rear garden.
Completing the accommodation upstairs is a three piece family bathroom
and, for convenience, an additional separate toilet.
The front of the house has a block paved driveway suitable
for two cars and the rear garden is laid to lawn and hosts a shed to the end of
the garden.
Overall a great house, in a great location with the added
benefit of no onward purchase needed by the owner. Please contact James Leigh
property Management to arrange a viewing.
PROPERTY DETAILS
Lounge: 3.64m x 5.42m (11’11” x 17’9”)
Kitchen: 3.87m x 1.94m (12’8” x 6’4”)
Dining Room: 4.79m x 2.08m (15’9” x 6’10”)
Main Bedroom: 3.48m x 3.82m (11’5” x 12’6”)
Second Bedroom: 2.69m x 3.28m (8’10” x 10’9”)
Third Bedroom: 2.73m x 2.65m (8’11” x 8’8”)
Bathroom: 3.48m x 1.5m (11’5” x 4’11”)
Separate WC
EPC: 67 (D) Potential 85 (B)
Council Tax band: C (£1,787 pa)
Gas Central Heating
Double Glazing Throughout
Marks Tey
One of the main features in the village is the village hall
built in 1993 on the fields intersecting the A12 and A120, with an adjacent
children's play park and a skateboard park. Near to the play park, there is a
small parish hall, used for children's kindergarten and small exhibitions. The
hall was almost doubled in size after the extension of the new Basketball hall.
The hall and gardens also host a monthly artisan event called 'Marks Tey
Market' on the 4th Saturday of the month (from March to October) during the day
time. Just half a mile from the house, located on London Road is a post
office, a convenience store, a fish and chip shop, an Indian & Chinese
take-aways, a butchers, a bakers, a hairdressers, a cycle shop, a car supplies
shop, a petrol garage and Marks Tey Pharmacy. Close by is St Andrew's
CofE Primary School, a state school for boys and girls aged from 5 to 11.
Tenure : Freehold
Council Tax Band : C
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Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 0 | ||
| £125k to £250k | 2 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 3 | ||
| £125k to £250k | 5 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £300k | 0(2/5)* | ||
| £300k to £500k | 5 | ||
| £500k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
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