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£625,000
Bedrooms
Bathrooms
A beautiful two bedroom detached bungalow offering immaculate and thoughtfully reconfigured accommodation, perfect for those downsizing who are used to generous room proportions and a private plot. Benefitting from a marvellous south-west facing rear garden, and positioned on a quiet cul-de-sac on the Bramhall/Cheadle Hulme border, this bungalow is a unique find combining space and convenience with style and comfort. Offered for sale with NO ONWARD CHAIN.
Larchway is a sought-after cul-de-sac sitting off Elmsway on the Bramhall/Cheadle Hulme border, benefitting from easy access into both villages and all the popular shops, restaurants and transport links they have to offer. Positioned on a large plot there is a generous driveway at the front of the bungalow sitting alongside a charming lawn and well-stocked borders. Gated access can be found down the side to the beautiful garden at the rear. The garden sits with a south-westerly facing aspect and is generous in size with a lawn and mature borders providing a lovely green outlook and also offering super privacy from neighbouring properties.
Internally the bungalow was remodelled in 2022 to include a part-conversion of the integral garage and a re-configuration of the layout. The shower room and kitchen were both replaced during this period and showcase modern features whilst remaining sympathetic to the age and style of the bungalow. All rooms are positioned off the hallway, with the living room the first door on the left. The living room is a beautiful space with windows to three sides allowing in an abundance of natural light, along with access out to the garden. The second reception room also provides patio doors to the garden and opens into the beautifully crafted kitchen with integrated appliances. Both bedrooms are doubles with bedroom two offering fitted wardrobes and bedroom one boasting dual aspect windows. The shower room is another modern space having been recently fitted and comprising an enclosed shower with tiled seat, wash hand basin set with a vanity, and a WC. There is also the benefit of a separate WC for guests.
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.
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