3 bedroom bungalow for sale

£650,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

'' Guide Price 650,000-675,000 '' Part of our Signature collection, Frimley is a deceptively spacious and beautifully appointed detached cottage, set in the heart of the popular village of West Bergholt, which lies to the West of Colchester.

Believed to date back to the early 1900s, the property has been extended and improved over recent years to create a tastefully decorated and contemporary interior, whilst retaining charming period features.

The entrance hall has attractive natural stone flooring and part timber clad walls, with two built-in storage cupboards. There is also a handy utility cupboard, which currently house the washing machine and dryer above. The cloakroom has a stylish white suite, tiled floor, and Victorian style radiator, incorporating a chrome heated towel rail.

The impressive kitchen has natural stone flooring and quartz stonework surfaces, with a range of bespoke cupboards with drawers under and a butler sink. Integrated appliances include a dishwasher, fridge and freezer, an inset hob with large Smeg oven under and cooker hood over, there are also two useful fitted pantry style storage cupboards.
The kitchen opens into the stunning family/garden room with natural flooring, log burner, fitted window seat and French doors giving a delightful aspect over the landscaped rear garden. There is a cosy rear facing sitting room which has been stylishly decorated, with a central chimney breast with storage cupboards to one side and a Victorian style radiator.

The inner hallway leads to the bedroom accommodation and has a lovely arched feature window and built-in storage cupboard with fitted shelving. The tranquil principal bedroom has a vaulted ceiling with exposed beams, a Victorian style radiator and walk-in wardrobe with inset spotlighting, hanging rails and a range of fitted storage cupboards. There is a contemporary style ensuite shower room with large, tiled shower which benefits from underfloor heating.

The second bedroom has fitted wardrobes and a vaulted ceiling, with a window to front and a porthole window to side. This bedroom has a mezzanine/raised sleeping area accessed by a ladder, which would be idea for children or teenagers. The third bedroom also benefits from a built-in wardrobe but could also be utilised as a study or home office. The beautiful family bathroom has a sand blasted window to the front and high-quality suite, comprising panelled bath with Victorian style mixer/shower attachment, Corian sink with cupboards below and a Victorian style radiator incorporating a chrome heated towel rail. This property is situated on a private lane.



Directions

Upon entering the village of West Bergholt from Braiswick, proceed along Colchester Road taking the left turn at the mini roundabout onto Chapel Road. Continue past the duck pond where The Avenue will be located on the left hand side. Frimley is the first property on the right hand side as you enter the private lane.

Important Information

Council Tax Band - C
Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold
EPC rating - E

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

£ 538950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 16250
  • 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

£ 51450
  • 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

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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