2 bedroom detached bungalow for sale

£295,000

2

Bedrooms

1

Bathrooms

Floorplan

This detached bungalow is found in Glendale Crescent, Mount Hawke. Offered for sale with no onward chain, the property is presented to a good standard having been well cared for and is available with no onward chain.

In brief, the internal accommodation comprises a kitchen, an open plan living / dining room, shower room and two bedrooms one of which also gives access to a conservatory found at the rear.

As mentioned, the property is found in good order and one room that has been updated in more recent years is the kitchen. This well-equipped space now has an integrated oven / hob and fridge / freezer with space for an under counter washing machine and slimline dishwasher.

Externally the property boasts driveway parking and a garage. This is in addition to an area laid to lawn at the front, and an enclosed rear garden. The latter has been designed for ease of maintenance being predominantly gravelled and paved and enjoys in our opinion, a good degree of privacy.

Information

Material Information

Tenure : Freehold

Council Tax Band : C (Source Link :
Construction Type : Please refer to the EPC (Cavity wall, filled cavity ASSUMED) or your surveyors comments
Age of Construction : Unknown (Assumed and/or Approximate. Again, your surveyor MUST confirm this)
Heating : LPG Bottles
Water Supply : Mains
Sewage: Mains
Electricity: Mains
EPC: F30

Broadband : 5mbps to 1800mbps download speeds (Source OFCOM LINK : )
Mobile Availability : Prediction, not a guarantee Indoor None / Limited / Likely , Outdoor Likely (OFCOM Link : )

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

As agents, we advise all buyers to confirm and check any covenants and restrictions that may / may not apply, immediately upon agreeing a purchase with their conveyancer.

Consumer Protection from Unfair Trading Regulations 2008.

Our adverts do not form part of a contract and must NOT be relied upon. All buyers MUST also VERIFY all material information some of which, is subject to change. All measurements are approximate, construction and age are assumptions and therefore for guidance only. Items shown or mentioned in the particulars are not necessarily included. Verification should be sought.

Goundrys have not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. Measurements are a GUIDE ONLY. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars.

Entry

Hallway

Kitchen - 2.46m x 3.24m (80' x 107')

Dining Area - 2.56m x 2.42m (84' x 711')

Living Room Area - 2.81m x 4.25m (92' x 1311')

Shower Room - 1.7m x 2.37m (56' x 79')

Bedroom - 2.31m x 2.69m (76' x 89')

Allows access to the:-

Conservatory - 5.25m x 2.98m (172' x 99')

Maximum Measurements

Bedroom - 1.7m x 2.66m (56' x 88')

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

£ 246075

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
    £ 7375
  • 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

£ 24825
  • 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

  %
  %
£
  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message