2 bedroom detached bungalow for sale

£339,950

2

Bedrooms

1

Bathrooms

Floorplan

We are delighted to offer for sale this two-bedroom true bungalow which is positioned in a popular part of Eccleston close to all amenities. The property its self has been well maintained and looked after by the current owners and benefits from gas central heating and being double glazed. The accommodation briefly comprises of: entrance hallway, lounge to the front of the property, rear lounge and dining room overlooking the fabulous garden, kitchen with breakfast bar, utility room, two good sized bedrooms and a family bathroom with shower over the bath. Externally the property has well stocked gardens to the front and rear, with driveway leading at an attached garage which has lighting, power and access to the main house. Viewing is highly recommended to appreciate this property what it has to offer and can be arranged through our office or by calling .

Hallway - UPVc door, radiator, and loft access (loft is boarded with two Velux windows).

Lounge - 4.52 x 4.25 (149' x 1311') - UPVc double glazed window to front aspect, radiator, and feature fire place with electric fire.

Dining Room - 5.95 x 3.15 (196' x 104') - UPVc double glazed double doors leading to rear garden, two UPVc double glazed windows to each side, and radiator.

Kitchen - 6.02 x 2.41 (199' x 710') - Two UPVc double glazed windows to rear aspect, range of wall and base units, integral gas hob and electric oven with over head extractor fan, stainless steel sink unit, part tiled walls, and radiator.

Utility Room - Door to side aspect, plumbed for washing machine, and tiled walls.

Bedroom One - 4.22 x 3.50 (1310' x 115') - UPVc double glazed window to rear aspect, and radiator.

Bedroom Two - 3.79 x 3.50 (125' x 115') - UPVc double glazed window to front aspect, and radiator.

Family Bathroom - 3.24 x 1.90 (107' x 62') - Panelled bath with shower over, vanity sink unit, low level wc, radiator, and fully tiled walls.

External - Garden to the front with lawn area and driveway leading to the garage. To the rear is a good sized garden with both patio and lawn areas.

Garage - Up and over door, electric and power.



Features
  • Freehold

Map location is not available for this property.

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

£ 283158.75

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 8498.75
  • 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

£ 28196.25
  • 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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