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£925,000
Bedrooms
Bathrooms
This highly desirable detached bungalow situated on half an acre is perfect for any growing family boasting luxury living, spacious interior and high quality fixtures and fittings throughout that will impress anyone who visits. As you enter this spectacular property, you discover two receptions rooms including a large lounge with incredible brick built fireplace with inset log burner for cosy winter evenings and a great sized sitting room to rear with versatile use, a stunning open plan kitchen/diner, three double bedrooms and a four piece suite family bathroom. This fabulous home also benefits from having an annex to the side with its very own kitchenette and modern shower room.
The exterior of this property is also incredibly desirable with a large driveway to front providing ample off street parking and a beautiful front garden, a wonderful courtyard to the side and an extensive south facing rear garden surrounded by mature trees and shrub creating privacy as well as the ideal space for entertaining guests throughout the summer months.
Location wise, take advantage of being surrounded by stunning local fields which is perfect for long scenic walks all year round, near bus connections providing multiple routes, local shops and restaurants down the road and in catchment to Ashingdon Primary School and Greensward Academy both highly sought after schools in the area.
Council Tax - Band E
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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