2 bedroom detached bungalow for sale

£425,000

2

Bedrooms

2

Bathrooms

Floorplan

Offered FOR SALE with NO CHAIN is this TWO bedroom DETACHED BUNGALOW done to a high specification. Accommodation comprises; Entrance hallway, open plan lounge/kitchen/dining, two double bedrooms, main bedroom with en-suite shower room and bathroom. Garden, stone shed and plenty of off road parking. The property benefits from Upvc double glazing and zoned underfloor heating. It also benefits from solar panels, electric car charging point and mains wired smoke alarms. Close to amenities, transport links and access to the M62 motorway network. Viewing essential.

Ground Floor -

Entrance Hallway - Composite obscure double glazed door to front, storage cupboard housing the fusebox and storage cupboard housing the Ideal combi boiler. Spotlights, engineered oak floor and loft hatch with drop down ladder. Doors to bathroom, bedrooms and lounge/kitchen/diner;

Lounge/Kitchen/Diner - 4.9 max x 7.95 max (160' max x 260' max) - Having a range of wall and base units with granite worktop and splashback, Belfast sink, integrated washing machine and dishwasher. Smeg electric Range oven with extractor hood above and integrated fridge/freezer. Boiling hot water tap, spotlights and engineered oak floor. Cable point, t.v. point and double glazed bi-fold doors to rear. Two Upvc double glazed windows to side.

Bedroom One - 3.1 x 4.85 (102' x 1510') - Double bedroom with t.v. aerial point and double glazed bi-fold doors to rear

En-Suite Shower Room - 1.45 x 2.1 (49' x 610') - Three piece Villeroy and Boch suite comprising floating w.c. sink with vanity unit and walk in shower with glass shower screen and mains waterfall shower. Chrome heated towel radiator, extractor fan and spotlights. Tiled floor, tiled walls and light up mirrored medicine cabinet

Bedroom Two - 3.1 x 3.85 (102' x 127') - Double bedroom with t.v. aerial point and Upvc double glazed window to rear.

Bathroom - 1.65 max x 2.85 max (54' max x 94' max) - Three piece suite comprising low flush w.c. sink with vanity unit and bath with mains shower and waterfall shower. Chrome heated towel radiator, Upvc obscure double glazed window to front and extractor fan. Spotlights, tiled walls and tiled floor.

External - To the front is the gas and electric meters. To the side is a rockery garden. To the rear is a lawn. patio and gravel garden with stone shed. Spotlights to soffits.

Parking - Driveway provides off road parking

Tenure - We have been advised by the vendor that the property is freehold.

Energy Rating - TBC

Council Tax Band - TBC

Viewings - Strictly by appointment. Contact Dawson Estates.

Property To Sell? - Call for a FREE, no obligation valuation.

Solicitors - Dawson Estates work closely with local firms of Solicitors. Please ask a member of staff for details.

Boundaries & Ownerships - The boundaries and ownerships have not been checked on the title deeds for any discrepancies or rights of way. All prospective purchasers should make their own enquiries before proceeding to exchange of contracts.

Mortgages - Dawson Estates offer a no obligation mortgage advisory service for the benefit of both purchasers and vendors. Our independent financial advisor is able to search the mortgage market to identify the product that is best suited to your needs. For further information contact Dawson Estates on . YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.

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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

£ 353325

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

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
    £ 10625
  • 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

£ 34575
  • 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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