Anchor Road, Bear Cross, Bournemouth, Dorset, BH11

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Sold STC

Blackstone Estate Agents Limited

1440b Wimborne Road, Kinson, Bournemouth Dorset

2 bedroom bungalow for sale

£300,000

2

Bedrooms

1

Bathrooms

Floorplan

A Detached 2 Bedroom Bungalow Requiring Modernisation, but having a Double and a Single Garage, Gardens and Off-Road Parking. The Property is Located in this Popular Area of Bear Cross and is Offered with No Forward Chain. Viewing is Recommended.

The accommodation comprises of the following approximate room sizes:

ENTRANCE PORCH Entered via UPVC double glazed door, UPVC double glazed windows to side and rear aspects, central heating radiator, strip lighting. Frosted UPVC double glazed door leading to:

ENTRANCE HALL L shaped in design. Power points, loft entrance to roof space, coved and artexed ceiling, smoke alarm (NT), ceiling light point. Doors leading to:

LOUNGE/DINING ROOM 164 x 10 Frosted UPVC double glazed windows to side aspect, 2 x central heating radiators, power points, TV aerial connection, sliding patio doors giving access to Sun Lounge, coved and artexed ceiling, ceiling light point.

KITCHEN 10 x 89 Part tiled walls, double drainer sink unit with mixer taps and cupboards under, further floor and wall mounted cupboards, space for tall fridge/freezer, gas cooker connection, power points, central heating radiator, floor mounted central heating boiler (currently not working), coved and artexed ceiling, strip lighting, UPVC double glazed window to side aspect, frosted UPVC double glazed door leading to SUN LOUNGE.

SUN LOUNGE 206 x 8 Single glazed and timber construction with polycarbonate roof, power points, central heating radiator, double opening doors giving access to rear garden.

BEDROOM 1 143 x 910 UPVC double glazed window to front aspect, central heating radiator, power points, coved and artexed ceiling, ceiling light point.

BEDROOM 2 10 x 94 UPVC double glazed window to front aspect, central heating radiator, power points, coved and artexed ceiling, ceiling light point.

BATHROOM/WC Part tiled walls, modern panelled bath with mixer taps and shower attachment, glazed shower screen, pedestal wash hand basin with mixer taps, low level WC, central heating radiator, airing cupboard housing pre-lagged hot water cylinder with fitted electric immersion heater (NT), frosted UPVC double glazed windows to side aspect, coved and artexed ceiling, ceiling light point. .

OUTSIDE

FRONT GARDEN Contained within a dwarf brick wall boundary, laid mainly to a lawned area with a concrete driveway/hardstanding leading along the side of the property and providing off-road parking, access to the rear garden and to the two garages.

DOUBLE GARAGE Metal electronic up and over door, Marley type construction, pitched asbestos roof, fitted with electric light and power. Adjoining SINGLE GARAGE of block construction with part asbestos and part corrugated plastic roof. This is an extra height garage and therefore provides parking for a Motorhome/Caravan etc. It is also fitted with electric light and power.

REAR GARDEN Basically laid to a lawned area with a central pathway, all contained within a wood panelled boundary fence.

TENURE Freehold PROPERTY TAX BAND C

SERVICES/UTILITIES AND MATERIAL INFORMATION:

Mains Gas: Yes
Mains Electric: Yes
Mains Water: Yes
Mains Sewerage: Yes
Broadband: Yes
Broadband Speed: Max1000 mbps
Mobile Signal: Good
Solar Panels: No
Solar Type/Ownership: N/A
Asbestos Risk: Low
Poss Location: Garage Roof(s)
Flood Risk Area: Low
Flood last 5 yrs/How: No
Parking: Official O-R Parking, & 2 x Garages
Construction: Standard
Community/Service Charge: Vendor unaware of any.
Restrictions or Easements: Vendor unaware of any.
Other Important Information : None as far as we are Aware
Chain/Timescale: No Forward Chain. A.S.A.P.

The above Services together with associated equipment and fitted appliances (if included) have not been tested by Blackstone Estate Agents and are subject to each of the Authorities own Regulations. Blackstone have inspected the property solely for the purpose of preparing the property particulars and have not carried out any survey. We have looked into the material information above but cannot confirm total accuracy so any interested party is highly recommended to carry out their own investigations or survey to satisfy themselves on any matters that are specifically important to them.

DIRECTIONS From the centre of Kinson proceed along the main Wimborne Road in a westerly direction and take the 8th turning on the left hand side into Anstey Road. Anchor Road is the 4th turning on the right hand side.

UPVC Double Glazing, 2 Double Bedrooms, Sun Room, Double & Single Garages, Gardens, Off-Road Parking, Requires Some Modernisation, No Forward Chain, Sole Agents, Viewing Recommended.

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

£ 250200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 7500
  • 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

£ 25200
  • 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

Adjust these figures

  %
  %
£
  %

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

Adjust these figures

  %

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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