4 bedroom semi-detached bungalow for sale

£225,000 Offers over

4

Bedrooms

1

Bathrooms

Floorplan

50 Newdykes Road, Prestwick, KA9 2JZ

Hoppers Estate Agency is delighted to market this 4-bedroom semi detached bungalow in a sought after, central location in Prestwick. Comprising entrance hall, lounge, kitchen-diner, 4 bedrooms and bathroom with front and rear gardens, driveway and garage. The property would benefit from some decorative upgrades but has excellent potential and for the right buyer will make a fantastic family home. We anticipate a high level of interest early viewings are advised.

This generously proportioned semi-detached bungalow offers a fantastic opportunity for buyers looking to create their ideal home. On the ground floor, the accommodation features a spacious lounge, perfect for relaxing or entertaining, and a bright open-plan kitchen-diner, providing a sociable space for family life. While some areas would benefit from modernisation, the home offers a solid foundation and layout for personalisation. Boasting four double bedrooms, including two situated within the developed first floor along with a useful storage room, this property combines flexible living space with excellent development potential.
The outdoor space extends to the front, side and rear of the property, with a generous south-facing rear garden which enjoys plenty of natural sunlight throughout the day, and boasts a side entrance to driveway with garage ahead.

Newdykes Road is located within walking distance of 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 just a short drive away, and Prestwick Train Station & Beach are easily accessible on foot. The town offers excellent schooling options for nursery, primary and secondary age, as well as sporting facilities and recreational spaces incl. tennis centre. swimming pool, cricket club and gold courses.

DIMENSIONS
Lounge: 150x144 approx.
Kitchen/Diner: 197x148 approx.
Bathroom: 84x53 approx.
Bedroom 1: 1111x107
Bedroom 2: 1111x105 approx.
Bedroom 3 (first floor): 155x119 approx.
Bedroom 4 (first floor): 108x98 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

£ 177075

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
    £ 5625
  • 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

£ 8325
  • 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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