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£495,000
Bedrooms
Bathrooms
For sale is a stunning detached bungalow, a rare find situated on a gated private drive offering an abundance of space, character and charm. This property sits on a large plot within a quiet cul-de-sac location in a sought-after area, surrounded by green spaces, local amenities, and nearby schools.
Externally, the property boasts two double garages and ample parking facilities, making it a perfect fit for a family with multiple vehicles. The garden is a noteworthy feature, providing an ideal setting for outdoor entertaining and relaxation.
Internally, the property showcases a well-appointed layout with three bedrooms, each featuring built-in wardrobes, providing ample storage space. The bungalow offers two bathrooms; one with a luxurious corner bath and the other with a double cubical shower, ensuring there is space for everyone during the morning rush.
The heart of this home is the kitchen, filled with natural light. It is accompanied by a utility room and a breakfast area, making the space practical and efficient. The property also features open-plan reception rooms, with large windows allowing for plenty of natural light. One reception room offers a cosy fireplace and wooden floors, creating a warm and inviting atmosphere, while the other provides access to the garden, perfect for indoor-outdoor living.
This property is offered with no upward chain and is a unique opportunity to purchase a substantial-sized bungalow in a prime location. With its unique features, this property is sure to impress.
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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