2 bedroom detached bungalow for sale

£255,000

2

Bedrooms

1

Bathrooms

Floorplan

This lovely detached bungalow is situated on a good size plot and has two double bedrooms, a spacious lounge, kitchen, bathroom, gardens to the front and rear and driveway parking. Available with no onward chain.

This lovely detached bungalow is tucked away in a peaceful cul de sac location just off Figham Road. It is in close walking distance to the increasingly desirable Beckside area of Beverley. It is just a 10 minute walk to the Flemingate Development offering many local amenities, including an array of high street and independent shops, a variety of bars and restaurants, a 6 six screen Cinema and a 24 hour gymnasium. The Town centre is just a further 5 minute stroll from here. A petrol station is just over the road - perfect for popping in to get your daily essentials.

A driveway to the front of the property provides off street parking for 2 cars. The front garden has an open lawn with timber fencing marking the boundary line. There is access to the rear garden via a set of double gates.

Step inside. A porchway takes the worst of the weather and a door opens to the entrance hall. Doors from here lead off to the lounge, kitchen and bedrooms 1 & 2.

The lounge is spacious and leaves many options to set out your furniture as you please. It is a light and airy room thanks to the large bay window overlooking the front garden allowing plenty of natural light to flood in.

The kitchen has a good range of fitted wall and base units with contrasting wood effect countertops, a stainless steel sink and drainer with mixer tap, a 5 ring gas hob with overhead extractor hood, an eyelevel double oven and space for white goods. There is a very handy pantry cupboard providing further storage. Doors lead to the bathroom and the rear garden.

The bathroom is well presented and comprises of a white suite. There is a bath with a hand held shower head attachment, a wash hand basin and WC.

The rear garden is a good size and is very private as not overlooked. There is a large stretch of lawn with an area of paving. A raised decked area provides a space to place your outdoor furniture to enjoy alfresco dining in the warmer months. Mature hedging, shrubs and trees add a splash of colour and interest. Two good size sheds provide storage for your outdoor tools. Timber fencing marks the boundary line and provides plenty of privacy.

Please take a moment to study our 2D and 3D colour floor plans and browse through our photographs. Book your viewing with us today and we will be delighted to show you around.

MATERIAL INFORMATION

Tenure Type: Freehold

Council Tax Band: C

Construction Type: Brick

Listed Property: No

Parking: Driveway

Planning Permission/Development Proposals: None

Flooded in Last 5 Years: No

Sources of Electricity supply: MAINS

Sources of Heating: Gas central

Mobile Signal/Coverage: (0-4) EE: 3, Three: 3, O2: 3, Vodafone: 3

Broadband Connection: Yes

Sources of Water Supply: MAINS

Primary Arrangement for Sewerage: MAINS

Entrance Location: Ground floor







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

£ 213075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 6375
  • 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

£ 21825
  • 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

Adjust these figures

  %
  %
£
  %

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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