5 bedroom detached for sale

£900,000

5

Bedrooms

3

Bathrooms

2

Reception

Floorplan

Nestled on the highly sought after Heywood Lane, this detached open plan dormer bungalow offers an exceptional living experience. Boasting 5 bedrooms and 3 bathrooms, a big modern kitchen, and separate utility room, the property provides ample space for family living and entertaining. There is a smart front entrance, and a second entrance into a boot room perfect for sandy pooches.The residence presents breathtaking views of Caldey Island, and is within walking distance to the centre of Tenby, a charming seaside town with gorgeous beaches, a picturesque harbour and pastel houses.Families will appreciate the proximity to educational institutions, including a Welsh primary and junior school, two English primary and junior schools, and a secondary school.On the roof there are solar panels for energy efficiency, and a hi-spec UV/weather reader.There is a large south-facing garden - a long sandstone patio incorporating a seated sunken area; a smart greenhouse and raised beds for growing; a vast lawn with a summerhouse at the bottom; all bordered by Elaeagnus and Griselinia hedges plus trees providing seclusion.A large paved parking space at the front, with EV charger accommodates multiple vehicles, and is bordered by low vined walls and trees providing privacy. A spacious garage has capacity for further vehicles plus water-sport gear. Additionally, subject to planning approval, there is potential to develop holiday accommodation, offering an enticing investment opportunity.West Lawn offers a contemporary design in a prime location, and early viewing of this desirable property is advised.Ground FloorBedroom 2122' x 179'Large patio doors to gardenDressing Area611' x 910'En-suite86' x 43'Shower, toilet and sink.Hallway230' x 33'Bedroom 3810' x 145'Bathroom126' x 67'Bedroom 2135' x 139'Small storage cupboard (0.9m x 1.2m)Porchway122' x 710'Cloak Cupboard37' x 24'Bedroom 5116' x 910'Main Living Area2711' x 228'Dining Room151' x 910'Kitchen2810' x 135'Utility Room910' x 141'Utility Cupboard47' x 311'Porch82' x 47'First FloorMaster Bedroom277' x 224'Dressing Area145' x 92'En-Suite Bathroom135' x 171'Garage179' x 149'

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

£ 745200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

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
    £ 22500
  • 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

£ 70200
  • 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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