3 bedroom detached bungalow for sale

£550,000

3

Bedrooms

2

Bathrooms

Floorplan

Description

This charming three-bedroom detached chalet bungalow offers a wonderful blend of space, versatility, and practicality, making it an ideal home for a range of buyers. Nestled in a desirable location close to the sea, the property boasts a spacious lounge-diner that provides a warm and inviting setting for relaxation and entertaining. Large windows flood the room with natural light, creating a bright and airy atmosphere, while the open-plan design ensures seamless flow between living and dining spaces. A stunning spiral staircase serves as a striking focal point, adding character and elegance to the home.

The property features three well-proportioned bedrooms, including a generous master with its own en-suite for added convenience and privacy. Each bedroom offers comfortable accommodation with ample storage space, making the layout ideal for families or those in need of flexible living arrangements. The well-appointed kitchen is fitted with a range of units and work surfaces, providing plenty of space for meal preparation and everyday use.

A standout feature is the generous garden, which includes a substantial outbuilding currently used as a gym. This versatile space could easily be adapted into a home office, studio, workshop, or additional storage. Having

been built to exceed building regulation standards at the time, it has potential to be converted to another annexe subject to planning requirement. The well-maintained garden provides an ideal setting for outdoor enjoyment, whether for gardening, entertaining, or simply unwinding.

The property also benefits from a large workshop, including 10kW Three Phase Electric built with insulated roof and insulated cavity walls, perfect for hobbies, DIY projects, or extra storage. Subject to necessary planning permission this building would require only little work to convert for habitable

use. The workshop also has its own off-road parking for added convenience.



Structural calculations and full building design drawings are available on request for both outbuilding and workshop.

As well as this the property has planning permission for Single-storey rear extension with Juliet balcony for use of roof space as accommodation and single-storey garage following demolition of existing conservatory and garage.



Situated within easy reach of transport links and scenic coastal walks, this delightful chalet bungalow is a fantastic opportunity for those seeking a home with both character and practicality by the sea.

WHAT TO DO IF YOU HAVE A PROPERTY TO SELL If youre interested in buying a property and have one to sell, dont worry - were here to help! Our estate agents can provide you with a free property valuation and assist you throughout the selling process. We understand that selling a property can be stressful, which is why we offer this service to make things easier for you. Were committed to providing you with a seamless buying and selling experience, and were always here to help. So why wait? Get in touch with us today and let us guide you through the process!

WHAT TO DO NEXT To view our properties, please book an appointment beforehand. If you make an acceptable offer, please note that we require some documents from you before taking the property off the market. These include a copy of your identification, a copy of your mortgage agreement in principle, proof of deposit, and proof of cash if youre purchasing without a mortgage. If youre using funds from a related sale, well need the name of your selling agent, and the name of your solicitor, who will act for you in the purchase. Once we have all these, we can remove the property from the market.

NOTE Please note that sizes and dimensions provided are approximate and may vary from the actual measurements.

NOT READING THIS ON THE AGENTS WEBSITE? Dont miss out on the complete experience of this property. See all it has to offer by clicking the More photos and 3D tour from this Agent link below.



Features
  • Freehold

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

£ 456450

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
    £ 13750
  • 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

£ 43950
  • 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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