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£750,000
Bedrooms
Bathrooms
A detached bungalow offering plenty of space comprising of an impressive 24? entrance hall, a generous living room, plus a second reception room. There are 4 bedrooms, 2 en-suites plus a family bathroom. In addition, there is a nice garden and an outbuilding that is suitable as an annex, offices or hobby spaces. Definitely worth viewing.
GRAND ENTRANCE HALL
Entrance door. Herringbone pattern oak flooring. Radiator. Coving to ceiling. A large reception space, open to the front reception and double doors to the large living room. Coving to ceiling.
BEDROOM 1
Wide double glazed bay window to front with coloured fan light. Herringbone pattern oak flooring. Radiator. Coving to ceiling with decorative rose.
BEDROOM 2
Double glazed bay window to side. Herringbone pattern oak flooring. Radiator. Ornate coving to ceiling. Door to walk-in wardrobe with rails and a further door to the En-suite with opaque double glazed window and white suite comprising close coupled WC, vanity unit with wash basin and corner shower enclosure.
BEDROOM 3
Double glazed bay window to side. Herringbone pattern oak flooring. Radiator. Range of fitted wardrobes that are quite deep and open to the Utility Room giving the possibility of another En-suite.
BEDROOM 4
Double glazed double doors and adjacent windows to rear garden. Herringbone pattern oak flooring. Radiator. Coving to ceiling. Door to En-suite with opaque double glazed window and white suite comprising vanity unit with wash basin, close coupled WC and shower enclosure. Radiator.
BATHROOM
Two double glazed windows to side. White suite comprising close coupled WC, pedestal wash basin and panelled bath with mixer tap & shower attachment plus a separate shower enclosure. Coving to ceiling. Chrome ladder radiator.
SITTING ROOM
Wide double glazed bay window to front. Herringbone pattern oak flooring. Radiator. Ornate coving to ceiling with decorative rose. Decorative fireplace. Several original coloured fan light windows.
LIVING ROOM
A great size room with double glazed double doors and adjacent window overlooking the garden. Radiator. Herringbone pattern oak flooring. Wall and ceiling lights. Coving to ceiling.
KITCHEN
Double glazed double doors and adjacent windows overlook the garden. Herringbone pattern oak flooring. Range of fitted units at both base and eye level. Complementary roll edge worktop with inset stainless steel sink unit & mixer tap. Integrated oven, hob & pull out hood. Radiator. Door to Utility.
UTILITY
Opaque double glazed window to side. Range of fitted units a base level. Worktop and sink unit. Oven & hob. Radiator. Wall boiler. Opening to within the wardrobe of Bed 3.
EXTERIOR
FRONT The property is situated in a prestigious location elevated behind wide grass verges. A front garden with a low wall and lawn plus an independent driveway leading to the garage.
REAR The rear garden is approx. 63ft in length and 44ft wide commencing with a patio area across the rear extending to behind the garage. Remainder laid to lawn with flower & shrub borders. Across the bottom of the garden is the outbuilding comprising of 3 rooms and a shower room offering a variety of uses such as an annex, hobby rooms or work from home.
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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