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£600,000 Guide Price
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Bathrooms
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Corley Estate Agents are very pleased to bring to the market this exceptional, detached bungalow occupying a generous plot, in the region of 0.6 acres, in the delightful village of Bushby, Leicestershire. The property has been extensively improved and upgraded by the current owners. The accommodation briefly comprises: porch, large living/dining room, fabulous lounge with views of the rear garden, breakfast kitchen, utility room, 3 double bedrooms, bathroom and shower room. The property has both gas central heating and double glazing throughout.The rear garden is a particular feature of the property, which the photographs will not capture fully, so needs viewing to be genuinely appreciated. To the front there is parking for several cars and a detached double garage. AccommodationPorchLiving Dining RoomKitchen with integrated appliances and pantry.Utility Room with quarry tiled flooring and plumbing for washing machineLounge with original herringbone flooring, log burner and beautiful views over the rear garden.Inner Hallway with door to the rear garden.Bedroom One with built in wardrobes and views over the rear garden.Bedroom Two with built in wardrobes and views over the rear garden.Contemporary Shower Room with large shower enclosure.Bedroom Three a large bedroom with views to the front and side.Contemporary Bathroom with white suite and freestanding bath.OutsideTo the front of the property there is off road parking, a double garage, and side access to the rear. The rear is an extensive garden, mainly laid to lawn, with various features, trees and shrubs. The plot size is approximately 0.60 acres or thereabouts.Tenure : FreeholdCouncil Tax Band : FEnergy Rating : CPlease Note : Room Measurements are shown on the floor planUplift Agreement - A development uplift agreement may be applicable to the sale of 69 Main Street, Bushby
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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