3 bedroom detached bungalow for sale

£550,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

GUIDE PRICE - 550,000 to 575,000
Offered with no onward chain and situated in a sought-after turning close to Hadleigh town centre is this beautifully presented three-bedroom detached L-shaped bungalow.

The accommodation comprises a welcoming entrance hallway, three well-proportioned bedrooms, a dual-aspect lounge with bay window to the front and bi-folding doors to the rear, a modern four-piece bathroom suite, a spacious kitchen/dining room, a further lounge/playroom, and a separate utility room.

Externally, the west-facing rear garden features a patio area, lawn, and privacy fencing, while parking is provided via an independent gravel driveway offering ample off-street parking, complete with an electric vehicle charging point.

This stunning home is ready to move into, and we highly recommend an early viewing to avoid disappointment.

ACCOMODATION Approached via wooden entrance door with glass panelling leading to:

ENTRANCE HALL Finished with wooden parquet flooring, the hallway features a useful cupboard housing the meters and trip switches, radiator, and wall-mounted thermostat control. Loft access is available, and the smooth plastered ceiling with inset spotlights provides a bright, modern feel. Doors leading through to:

LOUNGE 25 7' x 12 5' (7.8m x 3.78m) A bright and spacious dual-aspect room featuring large double-glazed bay windows to the front, fitted with plantation shutters and complemented by a practical window seat below. The space is finished with elegant wood parquet flooring and enjoys a feature fireplace with hearth and inset wood-burning stove. To the rear, wide double-glazed bi-folding doors open directly onto the garden, creating an excellent indoor-outdoor flow. Additional charm is provided by two half-moon opaque windows to the side. The smooth plastered ceiling is enhanced with pendant lighting and wall light, offering both style and practicality..

BEDROOM ONE 14 3' x 13 2' (4.34m x 4.01m) Double glazed bay window to front, fitted with plantation shutters. Fitted wardrobes to one wall. Radiator. Fitted carpet. Half moon double glazed opaque window to side.

BEDROOM TWO 10 5' x 9 3' (3.18m x 2.82m) Double glazed window to side. Radiator. Fitted carpet. Smooth plastered ceiling.

BEDROOM THREE 9 4' x 6 3' (2.84m x 1.91m) Double glazed window to side. Radiator. Fitted carpet. Smooth plastered ceiling.

FOUR PIECE BATHROOM Fitted with a four-piece suite comprising a close-coupled WC, pedestal wash hand basin, and a panelled bath with mixer tap. There is also a fully tiled shower cubicle with an electric power shower. The room is finished with tiled flooring, partly tiled walls, and a ladder-style radiator/towel rail. A smooth plastered ceiling with inset spotlights and a double glazed opaque side window.

KITCHEN/BREAKFAST ROOM 23 x 10 2' (7.01m x 3.1m) The kitchen is fitted with a range of modern eye and base-level units complemented by wooden work surfaces incorporating a Butler-style sink with mixer tap and drainer. Appliances include an integrated double electric oven, integrated microwave, integrated dishwasher and a four-ring electric hob with extractor fan above, while space is provided for a large freestanding fridge/freezer. The design is enhanced by tiled splashbacks, tiled flooring, and a smooth plastered ceiling with inset spotlights. A double-glazed rear window provides natural light and views over the garden.

DINING/LOUNGE AREA 33 5' x 8 4' (10.19m x 2.54m) A bright and versatile reception space with radiators to two walls, tiled flooring, and a smooth plastered ceiling with inset spotlights. Natural light is provided by a double-glazed side window, along with further double-glazed sliding bi-folding doors to the side, offering direct access to the outside.

UTILITY ROOM 9 6' x 7 6' (2.9m x 2.29m) Finished with tiled flooring and smooth plastered ceiling, the utility offers space and plumbing for a washing machine and tumble dryer. Modern base-level units are complemented by granite work surfaces with an inset sink and flexible mixer tap. A double-glazed window to the front provides natural light, with a door to the front for convenient access.

EXTERNALLY

REAR GARDEN The property benefits from a low-maintenance, west-facing rear garden. A patio area lies directly to the rear, ideal for outdoor dining and entertaining, with the remainder laid to lawn and enclosed by privacy fencing. Additional features include an outside tap and garden shed.

FRONT GARDEN/PARKING The property is approached via an independent gravel driveway providing ample off-street parking, with the added benefit of an electric vehicle charging point.

Map location is not available for this property.

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

£ 456450

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
    £ 13750
  • 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

£ 43950
  • 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.

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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

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  • 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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