3 bedroom detached bungalow for sale

£475,000

3

Bedrooms

1

Bathrooms

Floorplan

Offered for sale chain free is this detached double bay fronted bungalow tucked away within a secluded plot in the sought after village of Northill. The bungalow boasts a generous gated driveway laid to stone chippings with parking for multiple cars and landscaped borders. To the rear of the home is a fully enclosed garden that wraps around the home ideal for pets and children. The garden features a number of seating areas allowing the garden to be viewed from various aspects. Towards the bottom of the garden are two separate sheds each of which feature connected power and light.

Entering the home via the front door you are greeted by a porch with with in built floor to ceiling storage housing the fuse box and electric meter and offers the ideal space for shoes. The porch opens in to a welcoming hall which also features useful floor to ceiling in built storage. Doors open from the hall on to the three bedrooms along with a modern fitted shower room and separate lounge. Two generous double bedrooms are located at the front of the property. The lounge features an open fire perfect for creating a cosy atmosphere during winter months and a door from the lounge opens on to the kitchen/dining room. The kitchen/dining room forms a hub of the home enjoying views over the rear garden and is adjoined by a spacious 17ft conservatory which also over looks the garden.

Sand Lane is found within a peaceful rural setting in the sought after Central Bedfordshire village of Northill. Well placed for access to the A1 the village lies under 3 miles away from Biggleswade and Sandy train stations. Biggleswade train station offers a service in to Kings Cross within under 35 minutes, Bedford train station is also around 7 miles away offers trains in to London St Pancras. Northill has a parish church, along with a well thought of primary school, village hall and public house/restaurant. A May Day celebration between Northill and the neighbouring village of Ickwell is believed to date back to circa 1565 and is held annually on Ickwells green with a precession starting in Northill. For amenities the market town of Biggleswade is 3 miles away or Cambridge is approximately 30 minutes drive away. The private Harpur Trust schools in Bedford are approximately 7 miles away.

Disclaimer: Please note we do not test any fixtures, fittings, apparatus or services. Any interested parties should undertake their own investigation into the working order of these items. All measurements provided are approximate and photos are provided for guidance only. Potential buyers are advised to re-check the measurements before committing to any expense. Potential buyers are advised to check and confirm the EPC, estate management charges and council tax before committing to any expense. Floorplans are for illustration purposes only. Cooper Wallace do not verify the legal title of the property and the potential buyers should obtain verification from their solicitors committing to any expense.

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

£ 394575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 11875
  • 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

£ 38325
  • 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

Adjust these figures

  %

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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