2 bedroom bungalow for sale

£287,000 Guide Price

2

Bedrooms

1

Bathrooms

Floorplan

Belvoir is delighted to present this well-appointed two-bedroom detached bungalow, located in the desirable village of Ashill, Norfolk. It is ideal for those seeking a peaceful countryside setting without compromising on comfort and practicality.

Perfectly positioned between the bustling market towns of Swaffham and Watton, Ashill strikes a fine balance between rural tranquillity and easy access to the urban centres of Norwich and Thetford. The village itself offers a friendly local shop, a welcoming pub, and a vibrant community centre all of which contribute to its warm, inviting atmosphere.

This spacious bungalow is comprised of the following:

Hallway 148 x 43) - Upon entering the property, youre welcomed by a central hallway that provides easy access to all main rooms. The layout offers flexibility and functionality, including:

Bedroom 1 (1110' x 129') The well-proportioned principal bedroom looks out onto the front of the property, and features built-in wardrobes with mirrored doors.

Bedroom 2: (911' x 100') The bright second bedroom features built-in wardrobes and looking out onto the propertys front garden.

Modern Kitchen (911' x 1110') Well-sized and efficiently laid out with plenty of cupboard space, an integrated hob, oven and extractor fan with modern tiling on the floor and walls and access to the rear garden.

Bathroom (57 x 73) A modern bathroom featuring a three-piece suite comprised of a close-couple WC, handwash basin and electric shower, while also benefiting from a heated towel rail.

Study (911' x 911') Perfect for remote working or could be repurposed as a third bedroom or hobby room with access to the orangery.

Orangery (810' x 249') Light-filled with French doors opening out to the rear garden, sun-roof and multiple windows, creating a bright and airy space for a versatile living space with tiled flooring.

Conservatory (810' x 71') A bright, peaceful space with dual access views of the rear garden.

Cloakroom (411 x 31) Conveniently positioned for guests and residents in the orangery.

Detached Garage (107' x 2211') Provides ample space for a vehicle or storage, and potential for workshop use.

Agent Notes:

Tenure: Freehold; Council Tax Band: B; EPC Rating: C; Mains Gas Connection & Central Heating; Mains Sewage and Drainage.

We endeavour to make sales particulars accurate and reliable. However, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any service, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. Please note that we have not inspected the garage or the loft so we cannot comment on the condition of these.

EPC rating: C. Tenure: Freehold,

Features
  • Freehold

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

£ 239475

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
    £ 7175
  • 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

£ 24225
  • 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

£

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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