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6 Market Parade, Havant
£425,000 Guide Price
Bedrooms
Bathrooms
A very well-proportioned detached bungalow located in a highly sought after area within easy reach of Waterlooville town centre and good access to transport links. Features include a large living room open-plan to a dining room, kitchen, three bedrooms and a bathroom, plus a garage and gardens.
This extremely spacious detached bungalow is situated in a highly sought-after area of Waterlooville, within about a 15 minute walk (0.8 miles) of the town centre which offers a range of shopping facilities, cafes and amenities. The A3(M) is a 1 mile drive, giving access to the A27 and Portsmouth to the south, with London to the north. The accommodation is very well-proportioned and although modernisation is required there is great scope to make this in to a very comfortable home, with three bedrooms, a large living room, a manageable garden, garage and driveway. The bungalow has a large loft space with potential to convert to further the accommodation (subject to planning approval).
On entering the bungalow, an entrance porch leads through to a hallway, which gives access to all rooms. There is also a useful coats cupboard opening to the hallway, along with a cloakroom. The living room is a very good size and boasts a triple aspect with three characterful arched windows to one wall, as well as patio doors opening out to the rear garden. There is a large open arch to the dining room, creating and L-shape with the living room. The kitchen currently features a range of floor and wall units with a larder cupboard to one corner, along with two further open cupboard spaces. There is also a back door opening to the rear garden.
The three bedrooms are all located towards the front of the bungalow with two of them overlooking the front garden. They are all double rooms with the smaller of the three having a built-in cupboard. The family bathroom currently features a white suite comprising a panel bath, with shower over, wash basin and toilet.
Outside, the bungalow is approached over driveway leading to a single detached garage, which has power and light with an up-and-over door to the front with a personal door to the side. The front garden is predominantly laid to lawn and edged with a low brick wall with a selection of small shrubs. a side path gives access around to the rear garden, which is also laid to lawn and edged with timber fencing.
(Please note: this property is offered for sale with Possessory Title)
PORCH
HALL
SITTING ROOM 6.86m (226') x 4.10m (135') max
DINING ROOM 3.30m (1010') x 2.85m (94') max
KITCHEN 3.30m (1010') x 3.24m (107') plus door recess
BEDROOM 1 4.55m (1411') x 4.00m (132')
BEDROOM 2 4.00m (132') x 3.23m (107')
BEDROOM 3 3.14m (104') x 2.74m (9)
BATHROOM
WC
GARAGE 5.84m (192') max x 2.54m (84')
Council Tax Band: E
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.
6 Market Parade, Havant
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