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£395,000
Bedrooms
Bathrooms
A Spacious and Beautifully Presented Detached Chalet Bungalow which has been extended to provide versatile accommodation on both the ground and first floors with three bedrooms, two reception rooms, sun room and two bathrooms. The property benefits from majority UPVC double glazing and oil fired central heating. The living accommodation comprises; a lounge, dining room, first floor master bedroom, two additional bedrooms, a family bathroom, first floor shower room, a kitchen which is well equipped with a built in oven, microwave and additional range oven and a Sun room with French style patio doors to the rear garden. Outside, there is a private and attractive rear garden with various patio areas. Ample parking is provided by the driveway and integral garage.
The Accommodation Comprises:
Period, solid wooden front entrance door with inset frosted glass panel to:
Entrance Hall
Two radiators, LVT wood effect flooring, coat and boot cupboard, built in bookcase and staircase to first floor.
Lounge 15 x 125 x (4.6m x 3.8m)
Brick built fireplace with solid wood mantel and slate hearth extending to brick built log storage, inset multi-fuel burning stove, dual aspect with UPVC double glazed windows to front and side, two radiators and wall mounted lights.
Kitchen 1410 x 11 (4.5m x 3.4m)
This fitted kitchen includes gloss finish wall and base units with work surfaces over, a one and a half bowl sink and drainer unit, with eye-level built in Bosch oven and microwave, Bosch induction hob with extractor hood over, free standing electric range cooker, space and plumbing for washing machine, space for fridge/freezer, built in breakfast bar, UPVC double glazed window to side, wooden window to garden, LVT wood effect flooring, radiator and door to;
Sun Room 118 x 101 (3.6m x 3.1m)
Double glazed wooden window to side, double glazed wooden French style patio doors to rear garden, wood effect laminate floor and radiator.
Dining Room 142 x 1011 (4.3m x 3.3m)
Wood panelling effect to lower walls, radiator and UPVC double glazed window to front.
Bathroom
Comprising panel bath, walk in shower cubicle with twin mains fed shower heads, closed coupled WC and wall mounted wash basin, half tiled walls and tiled flooring, radiator and UPVC double glazed window to side.
Bedroom Two 142 x 105 (4.4m x 3.2m)
Radiator, UPVC double glazed window to side and door to integral garage.
Bedroom Three 11 x 91 (3.4m x 2.8m)
Radiator and UPVC double glazed window to rear.
First floor Landing
Airing cupboard, doors to;
Master Bedroom 132 x 1210 (4m x 3.9m)
UPVC double glazed window to front, Bespoke purpose made fitted wardrobe, shelve unit and drawer space, wood effect LVT flooring and radiator.
Shower Room
Tiled shower cubicle with electric shower, low level WC and pedestal wash basin, ladder style heated towel rail, wood effect LVT flooring and Velux style window.
Garage
With folding solid wooden doors to the front, wooden window to side, power, lighting and cupboard housing oil central heating boiler.
Outside
The property is approached via a large gravel driveway providing ample off street parking for several vehicles with flower and shrub borders. A side gate gives access to the rear garden. The private and enclosed rear garden is most attractive with brick weave patio area and log store and a second patio terrace on the right hand side. Within the garden there is a lawn area with inset brickweave paths to a timber workshop and further raised section currently home to the summerhouse.
Wimbotsham village offers day to day amenities including a village shop, public house and primary school and the nearby town of Downham Market offers a wider range of shopping, educational and travel facilities including a railway station on the main line from Kings Lynn to London Kings Cross.
Tenure: Freehold
EPC D
Council Tax Band C
Mains water, drainage and electricity. Oil fired central heating.
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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