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£400,000 Guide Price
Bedrooms
Bathrooms
Set along a well-established residential road, this detached bungalow presents an excellent opportunity to create a home tailored to your taste and lifestyle. With a sunny west-facing rear garden, two double bedrooms, and great potential to extend (subject to planning), this property is ideal for those seeking a peaceful setting with scope to modernise and make their own.
Step inside and youll find a practical layout that flows from a welcoming entrance hall. The dining room offers a central space to gather, with handy built-in storage and a seamless connection to the sitting room, a bright and comfortable room with a large picture window framing views across the garden.
The kitchen, also overlooking the garden, is well-positioned with access to the driveway and houses the boiler. Theres space to reimagine and design a kitchen to suit modern living, with provision for all essential appliances.
Both bedrooms are well-sized doubles, each featuring charming bay windows looking out over the front garden. The layout is completed by a bathroom and loft access for additional storage or potential future use.
Outside, the front garden is enclosed by a low wall and wrought iron gates, leading to a driveway and a single garage which offers further opportunity for refurbishment or alternative use. The rear garden enjoys a sunny west-facing aspect, perfect for those who enjoy gardening, entertaining, or simply relaxing in a private outdoor space.
Offered with no onward chain and subject to probate, this is an ideal opportunity for those looking for a rewarding project in a desirable location.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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