3 bedroom detached bungalow for sale

£650,000

3

Bedrooms

1

Bathrooms

Floorplan

Description

This beautifully maintained three-bedroom detached bungalow is located in the desirable area of Mickleburgh Hill, Herne Bay. Perfectly positioned close to local amenities, schools, and transport links, it also lies within easy reach of the town centre and seafront. The area is well regarded for its practicality and coastal charm, offering a wonderful balance between convenience and relaxed living.

Inside, the property offers spacious and comfortable accommodation throughout. All three bedrooms are well-proportioned doubles, providing ample space for rest, work, or guests. The modern bathroom has been stylishly updated, featuring a sleek and practical design that complements the homes well-kept presentation.

The bright and inviting lounge is a standout feature, filled with natural light and offering a welcoming space to relax and unwind. The kitchen is thoughtfully designed, providing plenty of storage and workspace. To the rear, a large extension enhances the living space even further, currently used as a dining area. This room is exceptionally versatile and could easily serve as a second sitting room, home office, hobby space, or playroom adaptable to suit the needs of any buyer.

Outside, the bungalow sits on a generous plot with a large garden, perfect for outdoor entertaining or simply enjoying the sunshine. There is also a garage and off-road parking, providing both convenience and additional storage. The property offers clear potential for future extensions, subject to planning consent, giving buyers the opportunity to further expand and tailor the home to their lifestyle.

Combining generous living space, modern finishes, and scope for development, this delightful bungalow will appeal to a wide range of buyers. Whether youre a family seeking a comfortable home close to local amenities or a retiree looking for single-level living near the coast, this property represents a superb opportunity in one of Herne Bays most sought-after locations.

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 Explore the full 3D tour from this Agent link below.

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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

£ 538950

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 16250
  • 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

£ 51450
  • 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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