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£475,000 Guide Price
Bedrooms
Bathrooms
Reception
The Ham is a wonderfully peaceful and highly desirable semi-rural setting located on the very edge of the Wiltshire village of Durrington. The property, Greenwells, is a post war detached bungalow of excellent proportions which is centrally positioned within a large mature sunny garden backing onto playing fields. To the front is a larger than average single detached garage, excellent off road parking, steps rising to the front and additional ramped path for ease of access. There is also a pleasant view of the surrounding countryside.
Offering huge potential for updating and improvement and with around 1286 sqft of internal space, Greenwells offers flexible light and airy accommodation with a good size entrance hall, large living room with vaulted ceiling and fireplace, open plan dining room combined with an inner hall and study area, an excellent well equipped kitchen, conservatory, three bedrooms and a large family bathroom. The property is fully double glazed and centrally heated via mains fired boiler to radiators.
The plot extends to about 0.25 of an acre with the gardens extending to three sides of the property. There are generous areas of lawn with numerous mature shrubs and trees, there is also a large timber shed and greenhouse. Off the living room is a partially covered terrace which leads to a larger patio. There is a generous basement/cellar which is accessible from the outside and extends partly below the sitting room.
TENURE AND SERVICES: Tenure: Freehold. Local Authority: Wiltshire Council. Council Tax Band E : 2,769.36 for year 2024/25. All mains services connected. Mains Drainage. Gas central heating. Fully double glazed.
LOCATION: Durrington is accessible off the A303, is well served with facilities including supermarkets, petrol station/garage, two public houses, swimming pool fitness/sports centre and schools. The historical site of Stonehenge is approximately two miles distant and the country town of Amesbury approximately one mile to the south. Amesbury has a variety of shops including two supermarkets (Tesco and Aldi), butcher, greengrocer, baker, leisure centre and medical facilities. The cathedral city of Salisbury is approximately 10 miles to the south and has a fine range of social and educational amenities including the Salisbury Playhouse, Arts Centre and cinema, restaurants, a thriving market and a variety of state and private primary and secondary schools. Leisure and recreational facilities include the Five Rivers Leisure Centre, private members gymnasiums, golf club and recreation ground and three tennis clubs. There is also a mainline rail service to Londons Waterloo, (journey time 90 minutes) and the West Country. Durrington is well placed for easy access to Basingstoke, Reading and London as well as being on the main route to Devon and Cornwall.
DIRECTIONS: From Salisbury proceed in a northerly direction along the A345 into and through the country town of Amesbury. At the Countess Roundabout continue straight across onto Countess Road (A345). At the next roundabout take the second exit continuing north on the A345. proceed straight over the next mini-roundabout and take the next right into Hackthorne Road. In the centre of the village of Durrington at the War Memorial bear left into Church Street, with the church on your right, as the road turns right take the left turn into The Ham, Greenwells can be found after a short distance on the right hand side, clearly identified by the Baxters For Sale sign.
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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