2 bedroom semi-detached bungalow for sale

£210,000

2

Bedrooms

1

Bathrooms

2

Reception

Floorplan

Situated within easy reach of Watton town centre, Longsons are delighted to bring to the market this two bedroom semi-detached bungalow. The property offers generous gardens, parking, kitchen, gas central heating and UPVC double glazing.

Viewing highly advised!

Briefly the property offers entrance porch, entrance hall, living room, dining room, utility room, kitchen, two double bedrooms, bathroom, gardens, parking, UPVC double glazing and gas central heating.

WATTON
Swaffham 10 miles; Thetford 15 miles; Norwich 23 miles
The well-served market town of Watton is in the district of Breckland, just less than 25 miles from Norwich. 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. You will see on the town sign that there are two babes, and a hare jumping over the barrel reflecting the town name; wat being the local dialect word for hare, and ton for barrel. 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.

Porch
UPVC double glazed door to front with full length UPVC double glazed window to it`s side, door leading to hallway.

Hallway
Loft access with ladder, boarded housing the gas central heating boiler.

Living Room - 1511' (4.85m) x 104' (3.15m)
UPVC double glazed window to rear, radiator, wooden glazed double doors leading to dining room.

Dining Room - 122' (3.71m) x 71' (2.16m)
UPVC double glazed window to side and rear, UPVC double glazed door leading to rear garden, radiator.

Utility Room - 99' (2.97m) x 72' (2.18m)
Kitchen units to walls and floor, work surface over, under counter space for freezer and tumble dryer, space and plumbing for washing machine, UPVC double glazed window to side.

Kirchen - 102' (3.1m) x 77' (2.31m)
Range of fitted units to walls and floor, works surface over, stainless steal sink unit with mixer tap and drainer, tiled splashback, integrated electric oven and hob, space for under counter fridge, two UPVC double glazed windows to front.

Bedroom One - 122' (3.71m) x 104' (3.15m)
Fitted cupboard, UPVC double glazed window to rear, radiator.

Bedroom Two - 90' (2.74m) x 85' (2.57m)
Fitted cupboard, UPVC double glazed window to front, radiator.

Bathroom
Panelled bath, with shower attachments over and shower curtain, partially tiled walls, hand wash basin, WC, obscured glass UPVC double glazed window to front, towel radiator, cupboard housing the hot water cylinder.

Outside Front
Gravelled driveway providing parking for several vehicles, raised beds to borders,outside tap, outside light, gated access to rear garden, wooden fence to perimeter.

Rear Garden
Wooden decking, paved patio area, area laid to lawn, pathway leading to back of garden and various wooden out houses including a summer house, wooden fence to perimeter, gated access to front.

Agent`s Notes
EPC rating C72 (Full copy available on request)
Council tax band A (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: Gas Central Heating
Garden/Outside Space: Yes
Parking: Yes
Garage: No

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

£ 165450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 5250
  • 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

£ 7950
  • 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

Adjust these figures

  %

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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