2 bedroom detached bungalow for sale

£425,000

2

Bedrooms

1

Bathrooms

Floorplan

A well presented and individual detached bungalow, situated in the popular location of Carlton Miniott. The property has been beautifully updated throughout, and offers spacious accommodation spanning over 1248 square ft. On entrance to the property you are greeted by a light and airy entrance hall, leading through to the lounge, an open plan dining kitchen and separate utility, flowing in to the conservatory with stunning views over the professionally landscaped garden and beyond. The property has two double bedrooms, and a contemporary family bathroom.

Carlton Miniott is a well positioned village on the outskirts of Thirsk, with fantastic transport links from Thirsk Train Station with a direct route to London, and road links to the A19 and A1. Amenities include a local shop and post office, public houses and a highly regarded primary school.

Viewing is highly recommended.

Entrance Hall - Front entrance door. Doors leading through to the internal accommodation.

Lounge - Double glazed bow window to the front and double glazed window to the side. Feature fireplace with a gas fire and wood surround. Radiator.

Dining Kitchen - A characterful and modern kitchen, with a range of base and wall units, with coordinating oak work surfaces and a Belfast sink. Integrated double oven and hob, shelving and feature wood beam. Radiator. Archway leading in to the conservatory.

Utility And Wc - Part glazed rear entrance door and side light window. Oak work surface with a Belfast sink. Plumbing for a dishwasher and dryer. Door leading in to the WC, comprising of a low level flush WC and hand wash basin.

Sun Room - Double glazed windows and roof. French patio doors leading out to the rear garden. Radiator and room for dining table and chairs.

Bedroom One - Double glazed window and radiator.

Bedroom Two - Double glazed window and radiator.

Family Bathroom - Double glazed window. Four piece modern suite, comprising of a bath, shower cubicle, low level flush WC and hand wash basin. Part tiled walls and flooring. Cast iron radiator.

Garage - Large full length garage with a double glazed window, fully cladded walls and ceiling. Double doors to the front. Side door for pedestrian access.

External - To the front of the property is a beautifully landscaped garden with a partial brick wall boundary. It is mainly laid to lawn, with a variety of mature shrubs and trees, and flowered borders. The property also has a large tarmac driveway with parking for numerous vehicles. To the rear of the property it is also mainly laid to lawn and professionally landscaped, with a paved patio area perfect for entertaining guests, a gravelled area, a pond and a lovely summerhouse. Additionally is a partial fenced boundary, with a pruned hedge and a variety of flower beds and mature trees.

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

£ 353325

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
    £ 10625
  • 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

£ 34575
  • 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

Adjust these figures

  %
  %
£
  %

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

Adjust these figures

  %

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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