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£225,000 Guide Price
Bedrooms
Bathrooms
A two bedroom semi-detached bungalow situated within this quiet cul-de-sac close to local amenities. Driveway, garage and enclosed rear garden. No onward chain.
Offered for sale with no onward chain, this gas centrally heated and double glazed property offers single level living in an elevated position on a quiet cul-de-sac just off Mudford Road, Yeovil.
The accommodation comprises a spacious and light reception room with ample space for dining, a fireplace with electric fire inset and elevated views over the town to the front aspect.
The kitchen comprises a range of wall and base units with integrated fridge/freezer, hob with extractor over, eye level oven, microwave, dishwasher, space and plumbing for a washing machine, breakfast bar and a door opening to the drive at the side of the property.
The two bedrooms at the rear of the property both enjoy aspects over the garden. The first bedroom features a range of built in storage whilst the second has sliding patio doors opening directly onto the patio at the rear.
The entrance hall leads into the central hall with airing cupboard off along with access to the wet room, comprising a shower with curtain, wash hand basin and heated towel rail together with an adjoining, separate WC.
SERVICES & OUTGOINGS
We understand that mains electric, gas, water and drainage are connected to the property. Gas fired central heating.
Council Tax: Somerset CouncilBandC.
ADDITIONAL INFORMATION
Broadband: FTTPUltrafast full fibre broadband is availablehighest available download speed 1600 Mbps, highest available upload speed 115 Mbps. (Openreach).
Mobile Coverage: Available via EE, O2, Three and Vodafone. For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Flooding: The property is in an area at a very low risk from River/Sea and Surface Water flooding (defined as the chance of flooding each year as less than 0.1%) and at low risk of Surface Water flooding (defined as the chance of flooding each year as between 0.1% and 1%).
Folly Fields is a small cul-de-sac of private houses and bungalows on which No. 11 occupies an elevated position in this favoured residential area on the Northern side of the town. The local shops on Glenthorne Avenue are within a short walk. Yeovil town centre with its comprehensive range of shopping and leisure facilities is just over 1 mile in distance.
The property is elevated from the cul-de-sac and approached via a driveway that leads to a single garage. The front garden is laid to gravel with a range of mature shrubs and bushes.
A side gate opens into the mature rear garden that has a patio area accessed directly from the sliding doors of the second bedroom. The patio opens into a low maintenance gravelled area. Steps rise to another area of garden which again has been planted with a range of mature shrubs.
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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