4 bedroom bungalow for sale

£550,000 Offers over

4

Bedrooms

3

Bathrooms

Floorplan

Kings are pleased to market this really well located Detached Bungalow For Sale in the very sought after area of Houghton-On-The-Hill which also benefits from having NO CHAIN!!!. This home is perfectly situated if you are looking for a lovely, quiet residential neighbourhood on a secluded cul-de-sac.This bungalow has been recently built to a very good standard boasting a spacious layout with the ground floor consisting of two bedrooms, one with an en-suite, a downstairs wc and an open plan living and kitchen area, and the first floor consisting of two bedrooms, one with an en-suite and a family bathroom.

You enter the property through the front door to the side of the home, this will place you within a spacious open plan ground floor with access to two bedrooms, the living and kitchen area, the downstairs wc and the stairway leading onto the first floor. Both bedrooms are found at the front of the property, both being double bedrooms with bedroom two also having access to an en-suite. The main and only reception room in the property is the large, open plan living, dining and kitchen area located at the rear of the property, this room is also enhanced with bi-fold doors opening up into the garden allowing ample natural light to enter the property.

As you proceed up the stairway you are met with a small landing area connecting the remaining two bedrooms and family bathroom. Both bedrooms are double bedrooms mirroring each others layouts with the front bedroom benefiting from its own en-suite. The family bathroom can also be found on the first floor.

This property is in the process of being finished but let that take nothing away from the size of the plot and the potential that the property holds. Available by appointment only. Call Kings now !!!

Property Info

Ground Floor

Open Plan Living/Kitchen: 5.99m x 5.83m (198 x 192) spacious living area located at the rear of the property benefiting from bi-fold doors leading to the garden.

Bedroom One: 5.25m x 2.53m (173 x 84) double bedroom

Bedroom Two: 4.66m x 3.20m (153 x 106) double bedroom with access to an en-suite 1.66m x 2.27m (55 x 75)

First Floor

Bedroom Three: 4.71m x 4.89m (155 x 161) double bedroom with access to an en-suite 1.47m x 2.33m (410 x 78)

Bedroom Four: 3.68m x 4.88m (121 x 16) double bedroom

Bathroom: 3.68m x 4.88m (121 x 16) family bathroom.

Kings are pleased to market this really well located Detached Bungalow For Sale in the very sought after area of Houghton-On-The-Hill which also benefits from having NO CHAIN!!!. This home is perfectly situated if you are looking for a lovely, quiet residential neighbourhood on a secluded cul-de-sac.This bungalow has been recently built to a very good standard boasting a spacious layout with the ground floor consisting of two bedrooms, one with an en-suite, a downstairs wc and an open plan living and kitchen area, and the first floor consisting of two bedrooms, one with an en-suite and a family bathroom.

You enter the property through the front door to the side of the home, this will place you within a spacious open plan ground floor with access to two bedrooms, the living and kitchen area, the downstairs wc and the stairway leading onto the first floor. Both bedrooms are found at the front of the property, both being double bedrooms with bedroom two also having access to an en-suite. The main and only reception room in the property is the large, open plan living, dining and kitchen area located at the rear of the property, this room is also enhanced with bi-fold doors opening up into the garden allowing ample natural light to enter the property.

As you proceed up the stairway you are met with a small landing area connecting the remaining two bedrooms and family bathroom. Both bedrooms are double bedrooms mirroring each others layouts with the front bedroom benefiting from its own en-suite. The family bathroom can also be found on the first floor.

This property is in the process of being finished but let that take nothing away from the size of the plot and the potential that the property holds. Available by appointment only. Call Kings now !!!

Property Info

Ground Floor

Open Plan Living/Kitchen: 5.99m x 5.83m (198 x 192) spacious living area located at the rear of the property benefiting from bi-fold doors leading to the garden.

Bedroom One: 5.25m x 2.53m (173 x 84) double bedroom

Bedroom Two: 4.66m x 3.20m (153 x 106) double bedroom with access to an en-suite 1.66m x 2.27m (55 x 75)

First Floor

Bedroom Three: 4.71m x 4.89m (155 x 161) double bedroom with access to an en-suite 1.47m x 2.33m (410 x 78)

Bedroom Four: 3.68m x 4.88m (121 x 16) double bedroom

Bathroom: 3.68m x 4.88m (121 x 16) family bathroom.



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

£ 456450

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
    £ 13750
  • 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

£ 43950
  • 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.

Notes

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