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£500,000 Guide Price
Bedrooms
Bathrooms
Welcome to this charming DETACHED BUNGALOW located on East Avenue in the desirable village of SCALBY, Scarborough. This property boasts a SPACIOUS OPEN PLAN LIVING AREA with a STUNNING KITCHEN with an island, a dining area with a SKY LANTERN and a light and bright lounge area. With FOUR BEDROOMS, including a luxurious master suite with a DRESSING ROOM room and TWO BATHROOMS, this bungalow offers ample space. The property has been finished to a high standard, ensuring a comfortable and stylish living environment. The property also benefits from a beautiful rear garden ideal for entertaining and a double garage. Dont miss out on the opportunity to own this lovely property in a sought-after location.
Entrance - Composite front door into vestibule with inset ceiling spotlights, dado rail and glazed door into open plan living area.
Lounge Area - 6.07 x 3.65 (1910' x 1111') - uPVC double glazed bay window with shutters, fire with surround, two radiators and opening into dining area.
Dining Area - 4.14 x 3.32 (136' x 1010') - uPVC double glazed window with shutters, radiator, sky lantern, inset ceiling spotlights and opening to kitchen area.
Kitchen Area - 5.70 x 3.48 (188' x 115') - Fitted kitchen with range of cupboards and drawers, Compac Quartz worktops, double oven with plate warmer, american style fridge freezer, integrated dishwasher, kitchen island with waterfall edge, range electric hob, light/extractor, uPVC double glazed french doors with shutters, two radiators, ceiling light and hidden door into utility/pantry.
Utility/Pantry - 1.94 x 2.13 (64' x 611') - Fitted utility room/pantry with cupboards, worktop, uPVC double glazed frosted window, ceiling light, loft access and space for washer and drier stack.
Hallway - 3.70 x 10.41 (121' x 341') - Inset ceiling spotlights, loft access (loft is boarded and pull down ladder) and radiator.
Master Bedroom - 4.75 x 3.56 (157' x 118') - Cornicing, uPVC double glazed bay window with fitted shutters, inset ceiling spotlights, radiator and glazed door into dressing room.
Dressing Room - 2.80 x 2.34 (92' x 78') - uPVC double glazed window with fitted shutters, radiator, built in wardrobe, inset ceiling spotlights and sliding glass door into en-suite.
En-Suite - 2.78 x 1.48 (91' x 410') - Walk in shower, hand basin with vanity unit, WC, heated towel rail/radiator, tiled floor, tiled walls, inset ceiling spotlights and extractor fan.
Bedroom Two - 3.78 x 3.57 (124' x 118') - uPVC double glazed window with fitted shutters, radiator, inset ceiling spotlights and coving.
Bedroom Three - 2.81 x 3.36 (92' x 110') - uPVC double glazed window, radiator, built in wardrobe and ceiling light.
Bedroom Four - 3.40 x 2.46 (111' x 80') - uPVC double glazed window, radiator and ceiling light.
Bathroom - 3.30 x 3.06 (109' x 100') - uPVC double glazed frosted window, freestanding bath, WC, hand basin with vanity unit, lighted, Bluetooth demister mirror, shower cubicle, inset ceiling spotlights, heated towel rail/radiator, radiator and extractor fan.
Outside - To the front is a wall garden with driveway leading to the double garage with power and lighting. A path leads to the front door and also gives access around the outside of the property. To the rear is an enclosed garden with a patio area, summer house and lawn.
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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