2 bedroom detached bungalow for sale

£265,000 Offers over

2

Bedrooms

1

Bathrooms

Floorplan

1 Morris Road, Prestwick, KA9 2JW

Hoppers Estate Agency is delighted to market this immaculate 2-bedroom detached bungalow in highly sought-after location just a short walk from Prestwicks vibrant Main Street. This beautifully presented property offers comfortable and versatile living in a prime location, with lounge-diner, kitchen, conservatory, 2 double bedrooms, bathroom, off street parking and front & rear gardens. The property will appeal to a range of viewers, in particular those down-sizing from larger homes, those requiring ground level living or first-time buyers looking for a central and move-in ready home we anticipate a high level of interest, early viewings are advised.

Inside, the property boasts bright and neutral dcor and features a welcoming hallway with generous lounge-diner off. The lounge features a modern flush-mount fireplace, and a large bay window which floods the room with natural light. At the rear there is ample space for family dining and entertaining guests, and direct access to the kitchen. The modern kitchen is well-appointed with generous, high-gloss wall and base units providing ample storage and workspace as well as integrated oven, hob, dishwasher and washing machine. There is access to a sunny conservatory from the kitchen, it is slightly dated but there is potential to redevelop into a more modern sunroom in-keeping with the rest of the property. There are 2 double bedrooms, one front and one rear facing both are good-sized rooms, neutrally decorated with fitted carpet. Completing the accommodation is a modern bathroom, fully-tiled, with white suite and shower over bath.

Externally, there is a well-presented and manageable garden providing a peaceful space to enjoy the outdoors. With a neat lawn and beautifully kept, mature planting beds, the space also benefits from a garden shed. To the front of the of the property is a drive-way providing off-street parking.

No.1 Morris road is just minutes from Prestwicks popular main street where there is a host of amenities incl. restaurants, cafes and boutique shops. There are large supermarkets within walking distance or a short drive, and Prestwick Train Station & Beach are easily accessible on foot. The town offers excellent schooling options, as well as sporting facilities and recreational spaces incl. tennis centre. swimming pool, cricket club and gold courses - all within walking distance of the property.

DIMENSIONS
Lounge-Diner: 123x2410 approx.
Kitchen: 111x119 approx.
Conservatory: 68x93 approx.
Bedroom 1: 1211x110 approx.
Bedroom 2: 1211x111 approx.
Bathroom: 53x72 approx.

VIEWINGS - Strictly by appointment through Hoppers Estate Agency - Tel

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

£ 221325

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
    £ 6625
  • 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

£ 22575
  • 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

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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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