5 bedroom bungalow for sale

£795,000

5

Bedrooms

4

Bathrooms

2

Reception

Floorplan

Ali & Co are delighted to bring to the market this newly developed 5/6 Bedroom Chalet Bungalow.
Located on Lodge Lane a prime location comprising many features throughout the property, viewings highly recommended.

Details
The property has undergone some major renovations, now featuring a 70sqm family room with open plan kitchen, bi-fold doors leading out to the rear garden.

The property offers excellent accommodation, the ground floor comprises of double bedroom with ensuite, family room with open plan kitchen, utility room and family bathroom. Converted first floor comprises of four double bedrooms with the master bedroom benefiting from an ensuite shower room, and additional shower room off the spacious landing area.

Exceptionally well-developed property throughout

Available to buy with no onward chain

Internal viewings highly recommended

Entrance hall
Stunning entrance hall via porch leading to:

Living room
Spacious room featuring double door, bay window to front, laminate flooring

Bedroom One
Double bedroom with bay window, laminate flooring, door leading to:

Ensuite Shower room

Family room with open plan kitchen
Exceptional 7m x 10m approx. open space family room, featuring TV wall with fully rotating TV bracket. Bi-fold doors leading out to the rear garden and stairs leading to first floor. Contemporary open plan kitchen with integrated appliances, doors leading to:

Utility room

Family bathroom
Tiled with unique designer tiles and modern style bathroom suite

First Floor Landing
Spacious landing with access to:

Bedroom Two
Newly converted offering a large double, door leading to:

Ensuite

Bedroom Three
Another fantastic double bedroom offering storage within the eaves

Bedroom Four
Further double room with great head height

Bedroom Five
Generous size single bedroom with plenty of storage within the eaves

Shower room
Fully tiled shower room

Rear Garden

Storage to front

Council Tax Band: D (Thurrock Council)
Tenure: Freehold

Property features
*CHAIN FREE
*Detached Chalet Bungalow
*Driveway
*Prime Location
*5/6 Bedroom Chalet Bungalow
*Newly Developed
*Modern Fully Fitted Kitchen
*70sqm Family room with open plan kitchen


Council Tax Band: D (Thurrock Council)
Tenure: Freehold
Parking options: Off Street
Garden details: Private Garden


Entrance hall
Stunning entrance hall via porch long hall way leading to family room and bedroom 1

Living room
Spacious room featuring double door, bay window laminate flooring

Bedroom 1
Great size double bedroom with ensuite shower, bay window, laminate flooring.

Living room
Exceptional approximately 7m x 10 open space for the family, featuring a TV wall which rotates.
Bi folding doors leading to a large garden space.
Family bathroom, a contemporary modern kitchen with fully integrated appliances, utility room with all services.
stair case leading upstairs landing.


Bathroom
Family bathroom tiled with unique designer tiles and featuring modern bathroom suite.

Bedroom 2
Newly converted offering a large double ensuite master bedroom

Bedroom 3
Another fantastic double bedroom plenty of storage with the eaves.

Bedroom 4
Further double room with great head height.

Bedroom 5
Great size single bedroom with plenty of storage within the eaves.

Landing
Spacious landing with access to family shower room

Shower
Fully tiled to and functional family shower room.

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

£ 658575

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
    £ 19875
  • 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

£ 62325
  • 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

Adjust these figures

  %

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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