4 bedroom bungalow for sale

£795,000

4

Bedrooms

1

Bathrooms

Floorplan

Welcome to the market this much loved, spacious and versatile 4-bedroom detached bungalow which sits on a large private plot, offering excellent potential to extend or further develop subject to planning permission. Good sized driveway with parking for up to three vehicles, side access, and a beautifully maintained mature rear garden, this property is ideal for families or those seeking multi-generational living. Enter the property into a welcoming entrance hall which leads into the main sitting room, the real working fireplace is the focal point within this room and a wonderful benefit in the winter months. A large under-stairs storage cupboard is also located here. A second reception room offers flexibility of use, with direct access to the garden. The open-plan kitchen and dining room is the heart of the home, fitted with ample wall and base units, a Rangemaster cooker with 6-ring gas hob, integrated dishwasher, and space for a large fridge freezer. Sliding patio doors and windows provide wonderful garden views and direct access to the rear garden. The family bathroom is a good size and located downstairs, comprising of bath with shower, WC, heated towel rail, and fitted storage, including space and plumbing for a washing machine. The property offers four generously sized double bedrooms. The master bedroom, located in the loft conversion, is a superb space with walk-in wardrobe, excellent eaves storage, and plenty of natural light. The private rear garden is extra-large with patio, mature plants and shrubs a perfect outside space for families and outdoor entertaining. A further benefit is the annex, complete with power and plumbing huge potential to be used as guest accommodation, home office, or independent living space. Location is key being situated on the borders of Hersham and Walton-on-Thames, a short walk to Hersham main line train station and a local Tesco Express. Close to Hersham Village shops and amenities. APPOINTMENTS ONLY!

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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

£ 658575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 19875
  • 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

£ 62325
  • 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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