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£600,000 Guide Price
Bedrooms
Bathrooms
'' GUIDE PRICE 600,000 - 625,000 '' Situated on a bold corner plot overlooking Bonchurch Park, we are delighted to offer with no onward chain this attractive detached chalet bungalow offering deceptively spacious accommodation throughout. An attractive design with verandas to the front and side offering potential seating areas, the property offers a spacious 22 lounge as well as a large open plan kitchen/ diner with integrated appliances. Originally three bedrooms, the property has been re-configured to offer two double bedrooms with an open plan feature en suite to the first floor master bedroom, although reinstating three bedrooms would be a simple enough process. With off street parking and a fairly compact secluded rear garden we would recommend viewing to truly appreciate the accommodation on offer.
Accommodation Comprising - Composite double glazed front door to...
Entrance Hall - Staircase to first floor, radiator, wood flooring, glass block windows to living room, smooth plastered ceiling with inset spotlights, doors off to...
Lounge - 6.78m x 4.22m
Bedroom 2 - 3.33m x 3.28m (1011 x 109) - Double glazed window to side, radiator, feature cast iron fireplace, wood flooring, smooth plastered ceiling with inset spotlights...
Bathroom - 2.36m x 2.21m (79 x 73) - Modern suite comprising panelled bath with central mixer tap and shower attachment, separate glazed corner shower cubicle, glass wall mounted wash hand basin, low level W.C., heated towel rail, tiled splashbacks, glass block window to rear...
Kitchen/ Diner -
Dining Area - 4.34m x 3.30m (143 x 1010) - Double glazed french doors to rear garden, radiator, built in storage cupboard, wood flooring, open plan to...
Kitchen Area - 6.07m x 2.16m (1911 x 71) - Range of solid wood base units with toning roll edged working surfaces over, inset twin bowl stainless steel sink unit, integrated five burner gas hob with extractor hood over, integrated full height fridge and freezer, integrated dishwasher, large central island unit/ breakfast bar with inset single bowl sink unit, cupboard housing gas central heating & hot water boiler, tiled flooring, smooth plastered ceiling with inset spotlights, double glazed window to rear, double doors to...
Utility Room - 2.72m x 1.96m (811 x 65) - Range of fitted base units with toning roll edged working surfaces over, matching range of wall mounted units, laminate wood flooring...
First Floor Master Bedroom - 8.18m x 4.67m (2610 x 154) - Double glazed window to front, radiator, range of fitted wardrobe cupboards, smooth plastered ceiling with inset spotlights, open plan to...
En Suite - White suite comprising panelled corner spa/ jacuzzi bath with mixer tap, wash hand basin on stand, W.C., heated towel rail, smooth plastered ceiling with inset spotlights, obscure double glazed window to rear...
Externally -
Front Garden - Covered veranda to front and side of property offering outlook towards Bonchurch Park, established garden with a range of mature flowers and shrubs providing seclusion from the street...
Off Street Parking - Cobblestone paved off street parking space also giving access to the remaining garage space used for storage...
Rear Garden - Mostly paved with gate to side, double doors to...
Summerhouse - 3.58m x 3.35m (119 x 11) - Glazed to one aspect with glazed roof, range of fitted storage cupboards...
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
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.
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