4 bedroom bungalow for sale

£999,950 Offers in excess of

4

Bedrooms

4

Bathrooms

Floorplan

This exceptional three double bed detached bungalow has been thoughtfully constructed to a high standard, offering spacious, light and well proportioned accommodation throughout. This charming property boasts driveway parking and enjoys a large garden with an uninterrupted vista over fields to the rear. There is the added bonus of a substantial self contained one bedroom annex with its own private garden and driveway parking.
Front door opening into the large entrance which has a vaulted ceiling flooding the room with light, with floor to ceiling glass. Two storage cupboards and a cloakroom with wash hand basin and w.c. Door into double bed three with a window to the front aspect and en-suite shower with window to the side aspect. Double bed two with window to the front aspect and en-shower with window to the side aspect. Opening through to the spacious kitchen/breakfast room is the hub of the home, and is fitted with a vast range of floor and wall mounted cupboard and drawer units, with one and a half bowl single drainer sink unit with mixer tap, built-in eye level electric oven and separate grill, electric hob and ceiling mounted extractor, space for dishwasher, space for tall fridge freezer, breakfast bar area, two large velux roof lights, tiled floor, ample space for table and chairs, windows to the rear and side aspect, opening through to the dining room with open feature shelving either side. Door into the utility room which has a range of floor and wall mounted cupboard and drawer units, with space and plumbing for washing machine and tumble dryer and a pedestrian door leading outside. Door from dining area of kitchen leading into the master bedroom with window to the side aspect and en-suite bathroom with panelled bath unit with central mixer taps andshower attachment over, wash hand basin with mixer top and vanity unit under, low level w.c., window to the side aspect. The lovely light and airy sitting room has a feature wood burning stove, beamed and vaulted ceiling with two roof lights, floor to ceiling windows to the rear aspect, sliding doors leading out to the garden. The rear garden has its own entrance and is landscaped with artificial lawn for easy maintenance. There is an area of patio, raised planters and a built-in seating area with firepit.Solar panels provide electricity to generate hot water to the main property (no feed in tariff).
The Cabin is completely self-contained and echoes the style of the main property, it has its own entrance door to the side leading onto a path along the side of the main property to The Cabins entrance. The entrance door opens into a hallway with utility cupboard housing washing machine and tumble dryer. There is an open-plan kitchen/living room to the front, with a range of cupboard and drawer units, single bowl and drainer sink unit with mixer tap, space for free standing oven and space for dishwasher. Space for American-style fridge freezer, vaulted ceiling with roof light, window and French doors opening to an area of patio, with butchers block style breakfast bar. There is a very large bedroom with a vast array of built-in wardrobes, windows to the side and rear aspect and French doors open onto a beautiful sun deck with hot tub and far reaching views over fields. Steps down from the sun deck to the main garden which is a particular feature due to its size and the tranquil backdrop, and deer regularly visit the rear fence. There is a very good size garden building incorporating an office with windows and French doors with beautiful views over the garden, a store room and a further garden store.
To the front, both The Cabin and the main home have their own areas of driveway laid to decorative stone chippings.
Cowley Road is within a popular residential area that is walking distance of the beautiful Georgian market town of Lymington. Lymington has many independent shops, deep-water marinas, sailing clubs and a picturesque cobbled street leading to the quay. This popular town also has numerous highly regarded restaurants and designer boutiques and is surrounded by the outstanding natural beauty of the New Forest National Park. To the north are the New Forest villages of Brockenhurst and Lyndhurst and Junction 1 of the M27 which links to the M3 for access to London. There is also a branch line train link to Brockenhurst Railway Station (approx. 5.5 miles) which provides a half-hourly service to London Waterloo with a journey time of approximately 90 mins.

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

£ 818906.25

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
    £ 24998.75
  • 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

£ 68943.75
  • 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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