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£260,000
Bedrooms
Bathrooms
Greetings! We are delighted to introduce to the market this charming two-bedroom detached bungalow for sale. Nestled in a highly-regarded area, this home is in good condition and boasts a number of unique features that lend it an inviting character.
Upon entering the property, you are greeted by a spacious reception room that is bathed in natural light thanks to its large windows. The room also features a cosy fireplace, perfect for snuggling up in front of during those chilly evenings.
The bungalow offers two comfortable bedrooms, both of which come with built-in wardrobes for all your storage needs. The family bathroom has been modernised and includes a heated towel rail and a walk-in shower.
The property also boasts a well-equipped kitchen, perfect for those who enjoy cooking.
As for outdoor spaces, the property features a lovely garden where you can relax and soak up the sun. A garage and off road parking are also included, providing ample space for vehicles.
The property enjoys a prime location with public transport links, local amenities, and nearby schools within easy reach. Plus, its just a stones throw away from the King George V Memorial Playing Field - perfect for outdoor enthusiasts!
One of the standout features of this property is that it comes with no upward chain, making the buying process a breeze. So, why wait? Make this lovely bungalow your new home today!
EPC rating: C. Tenure: Freehold,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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