4 bedroom detached bungalow for sale

£750,000

4

Bedrooms

Situated in a desirable location and enjoying distant sea views from the garden, this well presented four-bedroom bungalow offers spacious and versatile livingperfect for a range of buyers.

At the heart of the home is an open-plan kitchen, dining, and living area, creating a sociable and light-filled space ideal for modern living. However, buyers could easily reconfigure or divide these areas to suit their own needs. The kitchen has been recently fitted with shaker style units.

The rear garden has been thoughtfully landscaped, featuring a beautifully paved patio, well-maintained lawned areas, and raised bedsideal for those who enjoy spending time outdoors. From here, you can also enjoy far-reaching views toward the sea.

In addition to the main bungalow, the property also benefits from a self-contained one-bedroom annexe. This offers its own open-plan kitchen/living space, bedroom, and shower rooman ideal solution for friends that visit or even potential for multi-generational living.

Further benefits include driveway parking and solar panels that contribute to both the heating and hot water, making this an energy-conscious choice in a great location.

To appreciate all that is on offer, a viewing is highly recommended.

Information
The information provided in this listing, including any details relating to material facts, is offered in good faith and to the best of our knowledge. However, purchasers are strongly advised to satisfy themselves as to the accuracy of any information provided, as these details are not to be relied upon.

We recommend that all informationparticularly relating to boundaries, tenure, planning, covenants, and other legal mattersbe verified by your solicitor upon the commencement of a sale.

Please note, we do not act in the capacity of a Chartered Surveyor. Any comments regarding the construction, condition, or structure of the property are assumptions and should not be treated as statements of fact. We strongly advise that an independent surveyor be instructed to carry out a full inspection for confirmation of these details.

Measurements are approximate and for guidance purposes only. Any items, fixtures, or fittings referred to in these particulars are not necessarily included in the sale unless specifically stated within the Fixtures and Fittings forms provided by the seller and confirmed via the conveyancers.

Material Information
Tenure : Freehold
Council Tax Band : C (Source : )
Construction Type : Please refer to your surveyors comments.
Age of Construction: Please refer to your surveyors comments.
Heating: Electric
Water Supply: We believe this property is on mains supply.
Sewage: We believe the property is on mains drainage.
Electricity: We believe this property is on mains supply.
The property does offer solar panelling which we understand is owned outright
EPC: B83 Main Property, D62 - Annexe
Planning for the annexe can be found under reference : PA19/06362 - Restrictions apply on use.

Broadband: 17 TO 1800MBPS download speeds (Source Ofcom Broadband Checker)
Mobile Availability : Prediction, not a guarantee Indoor: Limited / Likely , Outdoor Likely (Source Ofcom Mobile Checker)

For further material information, please see the relevant section(s) provided by this website.

ANTI-MONEY LAUNDERING REGULATIONS Purchasers
It is a legal requirement that we receive verified identification from all buyers before a sale can be instructed. We ask for your cooperation on this matter to ensure there is no unnecessary delay in agreeing a sale. We will inform you of the process once your offer has been accepted.

PROOF OF FINANCE Purchasers
Before agreeing a sale, we will require proof of your financial ability to purchase. Again, we ask for your cooperation on this matter to avoid any unnecessary delays in agreeing a sale and we will inform you of what we require prior to agreeing a sale.

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

£ 621450

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
    £ 18750
  • 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

£ 58950
  • 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

Adjust these figures

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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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