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£530,000
Bedrooms
Bathrooms
Placed in a sought after area just off Stockton Lane and overlooking a small lake to the front, this three bedroom detached dormer bungalow features well-proportioned living accommodation inside the property and generous gardens outside.
Offering good links with the city centre there are also additional amenities nearby including both Monks Cross and Vangarde shopping parks. There is also a simple route out towards the A64.
The internal accommodation begins with a spacious hallway with a staircase leading to the first floor. On the ground floor the main living space is a lounge with a fireplace and electric fire, and French doors which open onto a rear garden. To the side of the lounge is a fitted dining kitchen with a range of wall and base units and access to a useful conservatory/utility room. The ground floor accommodation then continues with two double bedrooms to the front, both of which boast large bay windows. There is also a four piece bathroom with a bath and also a separate shower cubicle. The first floor houses a generous landing area with storage cupboards, a third double bedroom overlooking the rear garden and also an en-suite shower room. There is the additional advantage of gas central heating and the bungalow has some double glazing. In need of updating a viewing is recommended to appreciate both the superb location on offer and the potential of the property.
Outside the bungalow is a delightful lawned garden to the rear with a paved area and mature planting. To the front off street parking is available, further paved space and there is also a single attached garage.
The property is connected to a mains electricity supply, with mains water supplied by Yorkshire Water. The broadband types available in the area are standard, superfast and ultrafast. Mobile availability at the property is covered by all four major suppliers. Please either check the Ofcom website or contact the office for specific details and suppliers available, for both broadband and mobile.
Entrance Hall
Entrance door, windows to side elevation, radiator, stairs leading to first floor, exposed brickwork, wooden panelling and central heating thermostat.
Lounge 161' x 132' (4.9m x 4.01m)
Bay window to rear elevation with French doors, fireplace with electric fire and two radiators.
Dining Kitchen 161' x 1211' (4.9m x 3.94m)
Wall and base units, work surfaces, Belfast sink, built-in fridge, dishwasher, bay window to rear elevation, window to side elevation, radiator and cupboard housing central heating boiler.
Conservatory/Utility Room
Windows to front, side and rear elevations and door leading to garden.
Bedroom 2 116' x 13 (3.5m x 3.96m)
Bay window to front elevation, window to side elevation, two radiators and built-in cupboard.
Bedroom 3 116' x 13 (3.5m x 3.96m)
Bay window to front elevation, fireplace, two radiators and built-in cupboard.
Bathroom
Four piece suite with bath, sink, W.C., shower cubicle, window to side elevation and radiator.
First Floor Landing
Loft access, eaves access, two built-in cupboards, skylight and radiator.
Bedroom 1 117' x 13 (3.53m x 3.96m)
Window to rear elevation, eaves access and radiator.
En-Suite
Three piece suite with shower cubicle, sink, W.C. and heated towel rail.
Exterior
Off street parking, single garage and a lawned rear garden with a paved area and mature planting.
Material Information
Freehold. Council tax band D.
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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