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£250,000 Offers over
Bedrooms
Bathrooms
Andrew Cowen Estate Agents are proud to present to the market this WELL PRESENTED, DETACHED, THREE BEDROOM BUNGALOW set in an ELEVATED POSITION in the popular village of Osgodby. This property boasts THREE DOUBLE BEDROOMS, a SPACIOUS LOUNGE and FANTASTIC VIEWS. This property would appeal to a NUMBER OF BUYERS and viewing comes HIGHLY RECOMMENDED.
This accommodation briefly comprises; entrance hallway providing access into the spacious lounge with stunning views towards the sea, plus a neutral fitted kitchen/dining area with a range of base and wall units, as well as integrated oven, hob and extractor fan. There are sliding patio doors leading out onto a rear, enclosed, raised decked area ideal for outdoor dining. There are three good sized bedrooms, one complete with built in wardrobes providing plenty of storage space. The property also benefits from a tiled wet room.
Located in the Osgodby area the property offers excellent access to coastal walks along the Cleveland Way and down onto the nearby Cayton Bay. Also within the village are drinking and eating establishments and also a nearby regular bus route into Scarborough.
Viewing is highly recommended to appreciate the space and position that this property has to offer. Please call our friendly Sales Team on to arrange your viewing today!
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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