3 bedroom detached bungalow for sale

£650,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

''GUIDE PRICE 650,000-700,000''
Luxurious Three-Bedroom Detached Bungalow Purfleet Road, Aveley

Nestled in the desirable location of Purfleet Road, Aveley, this impressive three-bedroom detached bungalow offers a rare opportunity to acquire a spacious and modern home with a high-end finish throughout.

Set back from the road, the property boasts ample off-street parking and exceptional curb appeal. Upon entering through the porch, you are welcomed into a spacious hallway that flows seamlessly through the home.

The accommodation includes a large master bedroom complete with a charming bay window and extensive built-in wardrobes. The second bedroom is a generous double, also featuring fitted wardrobes and ample storage space. A third small double bedroom provides further flexibility, ideal for use as a guest room, office, or nursery again with built-in storage.

At the heart of the home lies a stylish lounge/diner, a comfortable and versatile space with sliding doors opening onto the rear garden, creating a perfect indoor-outdoor flow. The newly fitted kitchen is both spacious and modern, designed for functionality and aesthetic appeal, with plenty of worktop and storage space.

The contemporary shower room has also been recently updated and features a large double walk-in shower, sleek tiling, and high-quality fixtures and fittings.

Outside, the garden is a true highlight having been completely re-landscaped to include smart tiling, low-maintenance artificial grass, and a beautifully maintained rear section with real lawn and mature trees, offering privacy, greenery, and a peaceful retreat. The garden also includes multiple storage sheds and a side entrance, adding convenience and practicality.

Ideally located on Purfleet Road in Aveley, the property enjoys excellent transport links, easy access to local amenities, and a well-connected community feel making this an ideal home for families, downsizers, or anyone seeking luxury on one level.


Porch

Entrance Hall

Lounge 21 1' x 12 7' ( 6.43m x 3.84m )

Kitchen 12 6' x 11 2' ( 3.81m x 3.40m )

Bedroom One 14 10' x 11 8' ( 4.52m x 3.56m )

Bedroom/dining Room 16 5' x 14 4' ( 5.00m x 4.37m )

Bedroom Three 13 3' x 9 7' ( 4.04m x 2.92m )

Bathroom/wc

Rear Garden



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

£ 538950

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

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
    £ 16250
  • 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

£ 51450
  • 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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