Cotmer Road, Oulton Broad, Suffolk

Location
Cotmer Road is one of the most desirable roads in Oulton Broad, due to its variety of generous plots and grand period properties. It is within walking distance to a variety of good restaurants, bars and pubs. The Broads and Carlton Marshes are also in the immediate vicinity for leisure and walks.

The plot 2133.60m (7000)
The plot measures in the region of 7000ft2/2100m2, laid to lawn, bordered by timber fencing and concrete posts. The plot is not particularly overlooked, private, open for good sunlight but still has a feeling of being established with a green surrounding.

The Bungalow 178 (583'11")
The area of the detached bungalow measures 178m2/1915sqft, which is substantial yet still sits well in the plot, offering a south west facing rear garden. The property will offer four generous bedrooms, two with en-suites, a further family bathroom, airing cupboard, open plan kitchen diner to family room with French doors to rear garden and a further living room also with bifold doors opening to rear garden. There is also a open storm porch, utility room and garage with driveway. The accommodation offers the ideal space in a peaceful surrounding.

The Investment
The estimated development costs are:

Connecting all services (Water, electric, gas, sewerage and phone/internet) - £15,000
Cil - £15,000 - EXEMPT with self builds
Driveway - £10,000-£15,000 est.
Build cost at £1750/sqm - £311,500

Total £340,000 if self build

When finished, in a similar market today, if finished to a high standard, we would expect the bungalow to be valued between £600,000-£625,000.

Please note, these are just indicative figures and you are advised to do your own research and figures before offering on the property.

Viewing arrangements
Please arrange through Paul Hubbard estate agents only, there are currently builders on site finishing the development of the original house so for safety reasons please do not turn up to the site without arranging a viewing first.