Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£500,000 Offers over
Bedrooms
Bathrooms
Brown and Cockerill Estate Agents are delighted to offer for sale this four bedroom detached bungalow which has two garages and is located in the sought after village of Bretford. The property is of standard brick built construction with a tiled roof.
There are a range of local amenities available in nearby Brinklow to include shops and stores, public houses and a village school with a wider range of facilities available in Rugby, Coventry and Leamington Spa.
There is convenient commuter access to the Midland motorway networks and Rugby railway station offers a mainline intercity service to Birmingham New Street and London Euston in under an hour.
The accommodation in brief, comprises of an entrance porch and an entrance hall with one storage cupboard which gives access to loft storage space and a further cupboard housing the electric hot water tank. The cloakroom/w.c. is fitted with a low level w.c., wash hand basin and heated towel rail. There are three bedrooms with bedroom two having fitted wardrobes and a further bedroom and office study accessed off the lounge which has a feature fireplace. The conservatory has also sliding patio doors off the lounge and double doors giving access to the rear garden. The kitchen/breakfast room has an integrated oven, ceramic hob with extractor over, space and plumbing for an automatic washing machine and dishwasher, further space for under counter fridge and freezer and has a tiled floor.
There is no gas connection at the property and all services including the central heating are electric.
Externally to the front of the property, there is gated access to the block paved driveway which provides ample off road parking and leads to the garage which has up and over door and power and lighting connected. A pedestrian gate allows for side entry to the rear garden which is enclosed by timber fencing and predominantly laid to lawn with a wooden decking area ideal for al fresco dining/entertaining. A feature brook runs through the garden and there are open countryside views. There is a garden shed and further garage/storage unit which has power and lighting connected.
Early viewing is highly recommended to avoid disappointment.
Gross Internal Area: approx. 102 m (1097 ft)
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
