3 bedroom bungalow for sale

£825,000

3

Bedrooms

1

Bathrooms

Floorplan

Impressive 3-bedroom detached bungalow situated in a sought-after elevated location with far-reaching views across the valley to the sea and coastline beyond set in sizeable attractive gardens.

The Property:

Garda is an impressive three-bedroom detached bungalow situated in an elevated location high above Barline, a residential lane of impressive properties with far-reaching views across the valley to the sea and the coastline beyond.

The spacious living room benefits from an open fireplace which sits central to the room creating a focal point. A window looks out to the far-reaching views across the valley and out to sea, whilst sliding doors open to a sizeable sunroom with tremendous views looking down across the valley, sea and the coastline towards Portland Bill in the distance. In addition, there is a French door giving access to the front patio.

The kitchen is also positioned to the front of the property and enjoys far reaching coastal views. There is a matching range of base and wall units with an integrated double oven, electric hob with extractor fan overhead and under counter fridge. A door leads through to a coat and boot room area which is open plan through to the utility room which has space and plumbing for a washing machine and tumble dryer alongside a span of units with sink and window looking out to the rear garden. There is also a separate WC and door leading out to the rear garden.

The dining room is another spacious room with French doors giving access and views over the delightful rear gardens.


The principal bedroom is a double room positioned to the front of the property and enjoys far-reaching coastal views, Bedroom two is a double room benefitting from built-in wardrobes and a large picture window looking out to the rear garden, whilst bedroom three is a smaller room enjoying the same aspect as bedroom two. The modern shower room is fully fitted with a large walk-in shower, WC, and hand wash basin.

Outside:
The property is approached via a rising driveway between two lawned areas which are interspersed with flowering shrubs and plants. The driveway continues to a turning space in front of the property and then beyond to the side for further parking for numerous vehicles.

Directly in front of the property is a sizeable, paved seating area which takes full advantage of the delightful views looking across the valley and countryside down towards the sea with the coastline in the distance. An ideal space for bench seating to truly take advantage of these fantastic views.

A side gate provides access to the rear garden and to a lovely seating area with space for outdoor furniture and a small external shed. Central steps rise up to the sizeable and attractive gardens which are mainly laid to lawn with flower beds and small trees and shrubs planted throughout. Stepping stones lead through the garden with additional flower beds, a greenhouse, large shed, and a further sizeable workshop with sea view. At the top of the garden, steps lead up to a further seating area from where tremendous views can be enjoyed looking right the way across the whole of beer towards the sea. A pedestrian gate at the top of leads onto Underley, from where a bus stop can be found closeby. The whole garden is enclosed with a mixture of panelled fencing, mature hedging and trees creating a good amount of privacy.

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Council Tax: We are advised that the property is Council Tax Band E. East Devon District Council. Tel: .

Services: We are advised all mains services are connected

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

£ 683325

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
    £ 20625
  • 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

£ 64575
  • 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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