5 bedroom bungalow for sale

£475,000 Offers over

5

Bedrooms

3

Bathrooms

Floorplan

Kings are excited to present this five-bedroom detached bungalow on Tennis Court Drive in Humberstone Village. This property is conveniently located just off Uppingham Road and Scraptoft Lane placing it within close proximity to local amenities including local shops, supermarkets, schools, colleges, access roads, places of worship and pharmacies all within walking distance. This property has been renovated and extended offering a spacious layout with the ground floor consisting of four double bedrooms, an extended kitchen/diner, extended living area and two-family bathrooms, as the property is a dormer bungalow with the first floor offering a double bedroom with an en-suite.

This property is found on an impressive plot with the property benefiting from an in-and-out driveway big enough for a number of vehicles with the property itself being elevated. The bungalow can be accessed via a side entrance which as you enter provides access to four bedrooms, two bathrooms and the kitchen/diner. Bedrooms one, two and three are all located at the front of the property, all three bedrooms consist of carpeted flooring, wall mounted radiators and double-glazed windows, with bedroom one benefiting from integrated storage space and a large, bay window which bedroom two also has. Bedroom four is located at the rear of the property consisting of carpeted flooring, a wall mounted radiator, a rear facing double-glazed window, fitted velux windows and rear garden access. The hallway also provides access to two three-piece bathrooms both consisting of tiling throughout, a shower, sink, toilet and double-glazed window.

Bedrooms two, three, four and the second family bathroom between bedrooms three and four are all recently refurbished rooms offering brand new features, all done to a high standard adding convenience for any buyer as no work is required.

The rear of the property is where you will find the kitchen/diner which also provides access to the rear garden and living room. The kitchen area has been extended in order to add space for a dining table whilst maintaining a spacious feel. The kitchen consists of tiled flooring, fitted worktops and storage cupboards, integrated appliances, double-glazed windows and living room and rear garden access. The living room brings a cozy yet spacious feel to it offering two seating areas, perfect for hosting guests or for a large family, this room also provides further access to the rear garden and stairway leading onto the first floor and fifth bedroom.

Bedroom five is a double bedroom and master bedroom of the property creating a private space for the owners consisting of carpeted flooring, fitted wardrobes, double-glazed windows, a fitted air conditioning unit, wall mounted radiator and access to a three-piece en-suite, inclusive of a bath, sink and toilet.

This property is one not to miss out on especially for those large families looking for convenience with a bungalow that is done to a good, modern standard, found on a large plot with additional benefits including a large in-and-out driveway, large garden, modern dcor, a fitted air conditioning unit and most importantly, NO CHAIN!

Property Info

Ground Floor

Living Room: 6.00m x 4.48m (198 x 148) spacious living area located at the rear of the property consisting of hardwood flooring, double door rear garden access, wall mounted radiators, velux windows and access to the kitchen/diner and stairway leading up to the fifth bedroom.

Kitchen/Diner: 7.29m x 3.33m (2311 x 1011) extended kitchen area located at the rear of the property consisting of tiled flooring, fitted worktops and storage cupboards, integrated appliances, double-glazed windows and rear garden access.

Bathroom: 1.79m x 1.88m (510 x 62) first family bathroom found as you walk into the property consisting of tiling throughout, a shower, sink and toilet.

Bedroom One: 3.80m x 2.94m (126 x 98) double bedroom located at the front of the property consisting of carpeted flooring, a front facing large, double-glazed bay window, wall mounted radiator and integrated storage space.

Bedroom Two: 3.80m x 3.23m (126 x 107) newly refurbished double bedroom located at the front of the property consisting of carpeted flooring, a front facing large, double-glazed bay window and wall mounted radiator.

Bedroom Three: 3.66m x 2.59m (12 x 86) newly refurbished double bedroom located at the front of the property consisting of carpeted flooring, a front facing double-glazed window and wall mounted radiator.

Bedroom Four: 5.66m x 2.36m (187 x 79) newly refurbished double bedroom located at the rear of the property consisting of carpeted flooring, a wall mounted radiator, rear facing double-glazed window, velux windows and rear garden access.

Bathroom: 2.45m x 1.35m (8 x 45) newly installed second family bathroom consisting of tiling throughout, a shower, sink and toilet.

First Floor

Bedroom Five: 3.82m x 3.28m (126 x 109) double bedroom consisting of carpeted flooring, fitted wardrobes, double-glazed windows, a fitted air conditioning unit, wall mounted radiator and access to an en-suite.

En-suite: 1.08m x 3.00m (37 x 910) three-piece bathroom consisting of a bath, sink and toilet



Features
  • Gas Central Heating Combi Boiler
  • Double Bedrooms


Features
  • Freehold

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

£ 394575

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
    £ 11875
  • 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

£ 38325
  • 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.

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