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£230,000
Bedrooms
Bathrooms
Reception
No Onward Chain!
Situated on a corner plot in the popular market town of Watton, Longsons are delighted to bring to the market this spacious and desirable well maintained detached bungalow. The property benefits from a lovely spacious kitchen/dining/sitting room, two double bedrooms, modern shower room, enclosed low maintenance rear garden, garage, parking, gas central heating (new boiler recently fitted) and UPVC double glazing.
Briefly the property offers entrance hall, 32` kitchen/dining/sitting room, two double bedrooms, shower room, gardens, garage, parking, gas central heating, UPVC double glazing.
Watton
The well-served market town of Watton is in the district of Breckland, perfectly positioned for access to the whole of Norfolk and North Suffolk, this town is thought to be where the `Babes in the Wood` were abandoned in Wayland Wood. There is a traditional market held every Wednesday morning with produce including freshly caught fish, and there are two supermarkets and a number of independent shops, cafes, restaurants and pubs to enjoy. Within reach is the popular Thetford Forest Park, a number of golf courses, other market towns and not forgetting the cathedral city of Norwich. Swaffham 10 miles; Thetford 15 miles; Norwich 23 miles.
Entrance Hall
UPVC double glazed entrance door with glazed side panel to front, two storage cupboards, radiator.
Kitchen/Sitting/Dining Room - 321' (9.78m) x 1311' (4.24m)
Kitchen area;
range of kitchen units to walls and floor, work surface over with one and a half sink unit with mixer tap and drainer, breakfast bar, tiled splashback, space for electric cooker with extractor hood over, space for under counter fridge and freezer, space and plumbing for washing machine, cupboard house the recently fitted gas boiler, tiles to floor, UPVC double glazed window to side, UPVC double glazed door leading to garden, radiator.
Dining/sitting room area;
Breakfast bar, UPVC double glazed window to side, radiator.
Bedroom One - 121' (3.68m) x 109' (3.28m)
Built-in wardrobes, UPVC double glazed window to side, radiator.
Bedroom Two - 112' (3.4m) x 810' (2.69m)
UPVC double glazed window to side, radiator.
Shower Room
Modern corner shower, fully tiled walls, vanity sink unit, WC, extractor fan, heated towel rail, obscured glass UPVC double glazed window to front.
Garage - 171' (5.21m) x 87' (2.62m)
Up and over door to front, window to rear, door leading to garden..
Front and Side Garden
Laid to mainly lawn with path to front door, driveway providing off road parking for several vehicles leading to garage, hedge to perimeter, plants and shrubs to beds and borders.
Rear Garden
Rear garden is to the side of the property and is low maintenance mainly laid to paving slabs and shingle, with plants to borders. wooden garden shed, wooden fence to perimeter, access to garage.
Agent`s Notes
EPC rating C70 (Full copy available on request)
Council tax band B (Own enquiries should be made via Breckland District Council)
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Utilities
Electric: Mains Supply
Gas: Mains Supply
Water: Mains Supply
Sewerage: Mains Supply
Broadband: ADSL
Telephone: Landline
Other Items
Heating: Not Specified
Garden/Outside Space: Yes
Parking: Yes
Garage: Yes
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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