4 bedroom detached bungalow for sale

£780,000

4

Bedrooms

2

Bathrooms

Floorplan

ENTRANCE HALLWAY
Solid oak flooring, radiator, built in shelved cupboards, access to insulated and boarded loft space with light.

FITTED KITCHEN/FAMILY ROOM
2010 X 201
Kitchen Section Quality range of high and low level cupboards and drawers, Quartz working top surfaces, inset one and a half bowl sink unit with mixer tap, built in Halogen hob with extractor fan above, electric oven below, integrated full length fridge, dishwasher, microwave, wine fridge. Open plan to :

Family Section
Fitted TV unit with cupboards and shelving, underfloor heating, triple glazed self cleaning skylight windows and bi-folding doors onto rear garden.

UTILITY ROOM
Sold oak flooring, base unit with inset single drainer sink unit with mixer tap, integrated tumble drier and washing machine, eye level cupboard, wall mounted gas central heating boiler, built in meter storage cupboard, space for upright fridge/freezer.

MASTER BEDROOM
1110 X 1011
Solid oak flooring, double glazed window, radiator, range of fitted wardrobes providing hanging, shelved and drawer storage space, doors into-

EN-SUITE SHOWER ROOM
Shower area, vanity wash hand basin, concealed system W.C., double glazed frosted window, fully tiled walls, heated towel rail, tiled flooring, extractor fan.

BEDROOM TWO
115 X 95
Solid oak flooring, radiator, built in wardrobe, double glazed window.

BEDROOM THREE
1010 X 71
Double glazed window, radiator, built in wardrobes, solid oak flooring.

BEDROOM FOUR
77 X 64
Double glazed window, radiator, solid oak flooring.

FAMILY BATHROOM/SHOWER ROOM
Comprising jacuzzi bath with adjacent shower area, vanity wash hand basin, concealed system W.C., fully tiled walls, heated towel rail, double glazed frosted window, underfloor heating.

REAR GARDEN
Extending to 50 in a westerly direction, slate patio area leading onto artificial grass, side accesses, water tap.

SUMMER HOUSE
209 X 89

INTEGRAL GARAGE
910 X 75
Approached via a tiled driveway providing off street parking.

COUNCIL TAX
Band D



Features
  • Freehold

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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

£ 646200

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
    £ 19500
  • 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

£ 61200
  • 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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