4 bedroom detached bungalow for sale

£595,000

4

Bedrooms

2

Bathrooms

Floorplan

A spacious and versatile detached bungalow set on a generous plot at the top of a quiet cul-de-sac, offering development potential, and investment appeal. With previous planning approval for a first-floor extension, the home provides flexible living arrangements with up to five bedrooms. The garden plot, heated swimming pool, and ample storage - including a detached double garage - enhance its appeal. Conveniently located near Manchester Airport and Wythenshawe Hospital, it also presents an excellent buy-to-let or Airbnb opportunity.

Positioned at the top of a quiet cul-de-sac, is this substantially extended detached bungalow set on a generous plot, offering privacy, space, and exciting development potential. With direct access to the expansive Rose Vale Park, this home enjoys a peaceful yet well-connected location.

Previously granted planning permission for a first-floor extension with four en-suite bedrooms, the property still offers scope for further development (subject to approval). The versatile single-level layout allows for up to five bedrooms or additional living space, catering to a range of lifestyle needs.

Outside, the front features a landscaped garden and private driveway, while the rear boasts a heated swimming pool, a spacious patio, and an extensive lawned garden - ideal for relaxation and entertaining. Storage is ample, with both an integral single garage and a detached double garage, offering further potential for conversion or workspace.

Its prime location near Prospect Vale Primary School, Manchester Airport and Wythenshawe Hospital also makes this an excellent buy-to-let or Airbnb opportunity, benefiting from strong rental demand.

With its spacious plot, adaptable layout, and investment appeal, this bungalow is a rare find in a sought-after location. Viewing is highly recommended to appreciate its full potential.

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

£ 493575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

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
    £ 14875
  • 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

£ 47325
  • 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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