2 bedroom semi-detached bungalow for sale

£375,000

2

Bedrooms

1

Bathrooms

Floorplan

''' Offered Chain Free''' Kirby Colletti are pleased to offer this Two Bedroom Semi Detached Bungalow ideally situated within easy access to Hoddesdon Town Centre with its comprehensive shopping facilities, Bus services, Schools and Train Station.

The property benefits from uPVC double glazing, Gas central heating, Lounge, uPVC Double Glazed Conservatory, Fitted Kitchen, Shower Room, Low maintenance gardens, Garage and off street parking.

Accommodation - uPVC double glazed front door with uPVC double glazed window to side.

Entrance Hall - 3.12m x 1.80m (103 x 511) - Door to inner hallway. Door to bedroom and garage.

Bedroom Two - 3.20m x 3.02m (106 x 911) - Front aspect double glazed window and uPVC double glazed side aspect window. Double radiator.

Inner Hallway - 3.89m x 0.97m (129 x 32) - uPVC double glazed door to rear garden. Storage cupboard.

Shower Room - 3.00m x 1.47m (910 x 410) - White suite comprising large walk in shower. Wall hung wash hand basin. Low level W.C. Heated towel rail. Sky light and window looking into entrance hall.

Bedroom One - 4.06m x 3.33m max (134 x 1011 max) - Rear aspect uPVC double glazed window. Fitted wardrobes to one wall. Double Radiator.

Lounge - 5.11m x 4.50m (169 x 149) - uPVC double glazed casement doors to rear garden. uPVC double glazed doors to conservatory. Two radiators. Coved ceiling. Doors to:

Kitchen - 3.00m x 2.72m (910 x 811) - Front aspect uPVC double glazed window. Range of wall and base mounted units with rolled edge worksurfaces over. Inset one and half bowl single drainer sink unit. Mixer tap over. Plumbing for washing machine and dishwasher. Built in electric four ring hob. Built in oven below. (please note this is not working). Cupboard housing gas central heating boiler. Tiled floor.

Conservatory - 3.38m x 3.00m (111 x 910) - Rear aspect uPVC double glazed windows and door to rear garden. Radiator. Tiled floor.

Outside -

Rear Garden - Approx. 43ft. Paved with pedestrian gate to rear.

Front Garden - Driveway to front of garage.

Garage - 5.08m x 2.64m (168 x 88) - Up and over door. Light and power connected. Radiator.

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

£ 312075

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
    £ 9375
  • 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

£ 30825
  • 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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