Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£345,000
Bedrooms
Bathrooms
THREE BEDROOMS EN SUITE BATHROOM RE FITTED KITCEHEN - PARKING
If there was ever a property that could be described as a Tardis then this bungalow is in our opinion definitely it !
Many people say that the seeing is the believing and viewing this property inside is the only way to truly acknowledge the exceptional transformation that has been carried out by the current owner.
The property has been extended to the rear and the roof converted to offer accommodation that will not only appeal to couples, but also those with children due to the size of the bedrooms and those that are looking to downside yet have their own space and separate space for visitors.
To the ground floor the outstanding feature is that of the open plan lounge, kitchen and dining area. Although open plan each area is designated and holds its own identity. The lounge area is located to the rear of the property with bi fold doors that open to allow the rear garden to seamlessly be part of the accommodation. Set to the front of the lounge is the kitchen with its range of re fitted units and space for kitchen appliances. Opposite the kitchen is the area that could be used to accommodate a family dining table or an area for study / work.
To the front of the property are the two bedrooms that lend themselves to be used as children or guest bedrooms. Also located to the ground floor is the family bathroom with its re fitted three piece suite.
To the first floor is one of the best features within a property that we as agents have seen in a long time. The master bedroom with its range of build in wardrobes and en suite bathroom is of a style and size that would not look out of place if it was set within an exclusive hotel.
Outside the property offers its own features and encompasses the often-sought feature of off road parking. The driveway in front of the property allows two vehicles to park side by side, plus there is the bonus of additional parking to the front of the single garage that accompanies the bungalow.
To the rear the garden is enclosed by panel fencing with gated access to the rear. There is a patio area that leads form the property and also a sun terrace area that doubles as additional space for entertaining and relaxing.
Map location is not available for this property.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
The Property has been saved to your favorites
/ 5
It's quick and easy
