3 bedroom semi-detached bungalow for sale

£825,000 Offers over

3

Bedrooms

1

Bathrooms

Floorplan

A superb opportunity to acquire this unique equestrian property along with a large two/three bedroom bungalow in this lovely location with superb views over beautiful Bedfordshire countryside. Imagine having your stables and paddock in your back garden with access onto a public footpath and B.O.A.T/byway allowing you to safely ride. Located only minutes from Junction 11a of the M1 (If travelling South) and Junction 12 (If travelling North). This two/three bedroom semi detached bungalow has a fantastic entertainment area on two levels along with a double garage and additional driveway parking.

Overview - A superb opportunity to acquire this unique equestrian property along with a large two/three bedroom bungalow in this lovely location with superb views over beautiful Bedfordshire countryside. Imagine having your stables and paddock in your back garden with access onto a public B.O.A.T allowing you to safely ride.

Study/Bedroom Three - 3.43m x 3.58m (113" x 119") - Entered via composite front door with double glazed wing window, radiator, built in electric meter cupboard, double glazed window to front and side aspect.

Bedroom 1 - 3.89m x 3.38m (129" x 111") - Double glazed window to front aspect, fitted wardrobes, radiator, inset spotlights and speakers

Bedroom 2 - 2.95m x 3.15m (98" x 104") - Double glazed window to side aspect, radiator, wash hand basin with vanity under, built in wardrobes

Shower/Wet Room - Refitted shower room with double glazed window to side aspect, walk in shower, close coupled W.C, wash hand basin with vanity under, inset spotlighting, heated towel rail, fully tiled, underfloor heating.

Living Room - 8.03m x 3.35m max (264" x 110" max) - Dual fuel burning stove, radiator, inset spotlighting and speakers, double glazed patio doors onto the balcony

Dining Area - 2.90m x 3.07m (96" x 101") - Double glazed patio doors onto the balcony, radiator, inset spotlighting

Kitchen/Breakfast Room - 4.88m x 3.76m (160" x 124") - Fitted with a range of floor and wall units with worktop over, dual aspect breakfast bar, single sink unit, fitted oven, hob and extractor, integrated washing machine and dishwasher, space for an American fridge freezer, Plinth heaters (connected to the central heating), ceiling speakers, door to front aspect

Outside -

Gardens, Stables, Field Shelter And Paddock - This fantastic garden is mainly laid to lawn with various shrubs, trees and raised flower beds, there are three storage barns, along with a stable block (with water and lighting) connected to another barn suitable for storing feed, tack, carriage etc. Paddock area and field shelter with a five bar gate giving access to the public footpath and B.O.A.T/byway enabling safe riding/carriage driving. If you are into entertaining, there is a covered garden room and a large decking area with steps leading to the balcony, giving access to the living and dining room. There is also an outside W.C and a cellar/storage room

Garage And Driveway - Double width, fully insulated garage with electric roller shutter door, light and power, inspection pit, double glazed windows to side and rear aspect, personal door to rear aspect. The driveway has been mono blocked providing off road parking for several vehicles and the drive extends beyond the five bar gate and past the garage giving access into the rear garden.



Features
  • Freehold

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

£ 683325

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

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
    £ 20625
  • 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

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£

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

£ 64575
  • 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.

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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
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    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

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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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