3 bedroom detached bungalow for sale

£500,000 Offers over

3

Bedrooms

2

Bathrooms

Floorplan

ANDREW COWEN ESTATE AGENTS are proud to present to the market IN THE SOUGHT-AFTER VILLAGE OF EAST AYTON, to the west of Scarborough, this IMMACULATE WELL PRESENTED THREE BEDROOM DETACHED DORMER BUNGALOW, with GAS CENTRAL HEATING and UPVC DOUBLE GLAZING THROUGHOUT, perfect for FAMILY LIVING with a LARGE ENCLOSED REAR GARDEN, GARAGE AND OFF-STREET PARKING. This property would make A FANTASTIC RESIDENCE FOR A HOST OF BUYERS, COULD THIS BE YOUR FOREVER HOME!

This property briefly comprises, entrance porch leading to a bright and airy hallway with plenty of storage. The kitchen with tiled flooring features a range of base and wall units, with an array of integrated appliances, and ample space for a table and chairs, making it a wonderful hub for social gatherings. A four-piece family bathroom and an additional separate WC.

A generous living space with plenty of natural light flooding through, log burner and wooden mantle, perfect for cosy evenings with THE STANDOUT FEATURE of WOODEN PARQUET FLOORING. The separate dining room provides an inviting space for family meals, while the SUNROOM great for entertaining family and friends, offers an amazing space and views of the mature garden.

The property boasts three bedrooms, one of which is located on the ground floor with fitted furniture, whereas the other is currently used as a dining room. Upstairs is an office and the master bedroom with en-suite shower room and walk in wardrobe.

Externally, the bungalow is set back from the road with a wooden gated driveway, providing both privacy and security. The mature landscaped garden is a delightful retreat, complete with a soothing water fountain, perfect for enjoying the outdoors in peace.

This property is well located in the POPULAR VILLAGE OF EAST AYTON with a wealth of amenities in the village including a public house, popular school, library, petrol station, convenience store, chemist plus the property is near a bus route into Scarborough and the location provides superb access to the A64 (York) and A170 (Pickering). Living in East Ayton means you will be part of a sought-after community, with the beautiful countryside right on your doorstep.

DONT MISS OUT ON THIS ONE - CALL ONE OF OUR FRIENDLY SALES TEAM TO BOOK A VIEWING TODAY .



Features
  • Freehold

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

£ 415200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 12500
  • 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

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£

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

£ 40200
  • 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

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This is the assumed rate of house price inflation.

Final Property Value

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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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