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£950,000
Bedrooms
Bathrooms
Spacious Detached Bungalow
Nestled in a tranquil neighbourhood, this spacious detached bungalow boasts an array of elegant features and ample living space. The property is graced with large windows that flood the interiors with natural light, highlighting the decorative ceiling finishes that add a touch of sophistication.
Upon entering, you are greeted by a welcoming entrance with a cloakroom that leads to generously proportioned dining and living rooms, perfect for entertaining guests or enjoying family time. The large fitted kitchen is well-equipped, complemented by a utility room and access to a delightful sunroom, providing a cosy space to unwind while overlooking the gardens.
The hallway guides you to the family bathroom and four well-appointed bedrooms. All four bedrooms benefit from built-in storage, offering plenty of space for personal belongings. The fourth bedroom is currently utilised as a home office, ideal for remote working or study.
The expansive gardens are a true highlight, mainly laid to lawn and adorned with mature trees and shrubs. A summerhouse, shed, and greenhouse enhance the outdoor experience, providing versatile spaces for various uses. The double garage and drive offer ample parking, ensuring convenience for multiple vehicles.
There is an telecommunications mast outside the grounds but visible from the grounds.
This property presents a fantastic opportunity to create a contemporary home tailored to your taste and lifestyle. With its spacious layout, elegant features, and serene surroundings, this detached bungalow is a perfect blend of comfort and potential.
Material Information:
Tenure: Freehold
Council Tax: Band G
Electricity: Mains Supply
Heating: Gas supply
Water Supply: Mains supply
Sewage: Mains Supply
Broadband: standard, Superfast and Ultrafast Fibre are all available in this area
Parking: Double garage
Mobile: Ofcom official website checker states that EE, Vodafone, O2 and Three all have availability in the area
Flood Risk: Low risk
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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