2 bedroom terraced for sale

£395,000 Guide Price

2

Bedrooms

1

Bathrooms

Floorplan

EXCEPTIONAL TWO DOUBLE BEDROOM TERRACED BUNGALOW IN AN AWARD-WINNING DEVELOPMENT OFFERED WITH NO ONWARD CHAIN.

Rarely available, this charming terraced bungalow is set within the highly sought-after Denham Garden Village. The property IS IMMACULATELY PRESTENTED having recently undergone REDECORATION throughout including NEWLEY FITTED CARPETS. Offering a well-planned accommodation comprising an entrance hall, WC cloakroom and storage room, spacious living room, modern kitchen, primary bedroom with en-suite shower room, and a second generously sized double bedroom.

A particular highlight is the SOUTH-FACING BALCONY, providing a delightful outlook over the beautifully maintained communal gardens. The home also benefits from an allocated parking space conveniently located directly outside.

Residents of Denham Garden Village enjoy access to a wealth of on-site amenities, including a caf/bar/restaurant, village shop. A laundrette, library and membership for use of the health spa with gym and swimming pool, are all included in the service charges. A GP surgery is also situated within the development for added convenience. Importantly, a 24-hour emergency support service is available, along with a care and maintenance package personally tailored, if needed.

This is a wonderful opportunity to secure a comfortable home within a vibrant and supportive community.

Other Information
Lease: 106 years remaining
Ground Rent: 250 per annum
Service Charge: 471.17 per month
Council Tax Band: D

Disclaimer
1. These particulars have been prepared in good faith by Carter Duthie to provide a fair overall description of the property. However, they do not form part of any offer or contract and should not be relied upon as statements or representations of fact. All measurements are approximate and provided as a guide only. No liability is accepted for any inaccuracies.

2. The photographs included in these particulars show only certain aspects of the property. It should not be assumed that any depicted furnishings, fixtures, or contents are included in the sale.

3. No statement within these particulars should be taken as confirmation of the propertys structural condition or suitability for any purpose. Carter Duthie accepts no responsibility for any errors, omissions, or misstatements.

4. Prospective purchasers are advised to verify the condition and functionality of all services, appliances, and equipment prior to the exchange of contracts, as these have not been tested. Neither Carter Duthie nor its employees have the authority to provide representations or warranties regarding the property.

5. Carter Duthie is a member of The Property Ombudsman for our redress scheme and is registered with Money Shield for the Client Money Protection Scheme.


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

£ 328575

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
    £ 9875
  • 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

£ 32325
  • 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.

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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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