2 bedroom bungalow for sale

£415,000

2

Bedrooms

1

Bathrooms

Floorplan

A detached bungalow located in one of the village of Headleys most sought after residential positions.

This property is being offered to the market with viewings available immediately and with the advantage of no onward chain and immediate vacant possession.

As with many bungalows, we as agents feel that the pictures do not give a true account of the excellent size and layout of the accommodation within the property and a viewing in person is the only way to gain a accurate impression of what the property offers.

Once inside the property, the entrance hall offers entry to all of the propertys accommodation with access flowing from room to room. To the front of the property is the first of the two double bedrooms with the advantage of its views across the local area and built in double wardrobe.
Also with the advantage of the elevated view to the front of the property is the lounge that extends to over 19ft allowing exceptional space for furniture.

Overlooking the rear of the property is the master bedroom that we as agents feel is very generous in size and also has the advantage of a built in double wardrobe. Opposite the master bedroom is the bathroom that has been modernised to include the WC
The kitchen is set to the rear with side access to the garden. The kitchen for many will be deemed as dated however with its views across the garden and patio it could be transformed into a real feature of the property.

The garden has been well maintained and provides a vast element of seclusion plus elevated views. A paved patio runs across the rear of the property and leads round to the side and also access to the garage.

Within 1 mile of the property is Headley Village that offers a church, village pub, individual convenience shop / deli, doctors and chemist. Larger villages of Lindford, Bordon, Liphook and Grayshott offer a further range of shops and community facilities, Main line station is located at Liphook with sits on the Waterloo to Portsmouth line.


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

£ 345075

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
    £ 10375
  • 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

£ 33825
  • 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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