4 bedroom detached bungalow for sale

£500,000

4

Bedrooms

2

Bathrooms

Floorplan

''' UNDER OFFER'''
Nestled in the sought-after area of Hackness Drive, Scarborough, this charming four-bedroom detached bungalow is a true gem waiting to be discovered. Boasting two reception rooms, two bathrooms, and a recently modernised kitchen/diner flooded with natural light, this property offers a perfect blend of space and style.
One of the standout features of this home is its award-winning gardens, providing a picturesque backdrop that can be enjoyed from the comfort of your own kitchen. The garage has been thoughtfully converted into a versatile space that could serve as an additional bedroom, a playroom, or whatever your heart desires.
Convenience meets comfort with the inclusion of a utility room, en-suite facilities, double glazing, and gas central heating, ensuring that your every need is met within this lovely abode. Whether youre looking to relax in the tranquillity of the gardens or entertain guests in the spacious reception rooms, this property offers endless possibilities for creating your dream living space.
Dont miss out on the opportunity to make this house your home and experience the best of what Scarborough has to offer.

Main - Briefly comprising of a porch leading to hallway, lounge/diner, integrated kitchen/diner with central island and views over the stunning garden, three double bedrooms, master benefitting from en-suite, four piece family bathroom, a further bedroom/playroom which used to be the double garage and a utility room.
Outside the front benefits from a drive with ample parking, garden and side access. The rear offers an award winning garden with well stocked boarders, an orchard, vegetable plot and a patio.

Porch/Hallway - Coving, double radiator, laminate floor, built in cupboard, loft access/space and power points.

Lounge - 4.3 x 8.7 (141' x 286') - Coving, uPVC double glazed window, single radiator and power points.

Dining Area - 3.4 x 8.7 (111' x 286') - Coving, sliding door to conservatory and single radiator.

Kitchen - 6.5 x 3.4 (213' x 111') - Base, wall and drawer units, marble worktop, slate splash back, integrated oven, hob, microwave, fridge, freezer and dishwasher, extractor hood, sink/drainer unit, feature sink, mixer tap, uPVC double glazed window and doors to rear, USB sockets, tv point, herringbone flooring, feature radiators and power points.

Utility - 2.9 x 2.0 (96' x 66') - Base, wall and drawer units, wood work top, tiled splash back, space for washing machine, sink/drainer unit, coving, power points, tiled floor, loft access/space and uPVC double glazed window and door.

Bedroom One - 5.0 x 4.8 (164' x 158') - Coving, uPVC double glaze window, fitted wardrobe, single radiator and power points.

En-Suite - 2.5 x 1.1 (82' x 37') - Basin with vanity, low flush wc, uPVC double glazed frosted window and ladder radiator.

Bedroom Two - 3.7 x 3.5 (121' x 115') - Coving, uPVC double glazed window, fitted wardrobe, single radiator and power points.

Bedroom Three - 3.4 x 2.7 (111' x 810') - Coving, uPVC double glazed window and single radiator.

Bedroom/Reception - 4.8 x 4.7 (158' x 155') - Double radiators, uPVC double glazed windows and power points.

Bathroom - 3.4 x 2.1 (111' x 610') - Basin with vanity, low flush wc, shower cubicle, uPVC double glazed frosted window, free standing bath, extractor fan, feature radiator and bidet.

Outside - Driveway with ample parking and a garden to the front. The rear offers a large garden with an orchard, greenhouses, summer house and a patio.

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

£ 415200

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
    £ 12500
  • 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

£ 40200
  • 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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