3 bedroom detached bungalow for sale

£375,000 Offers over

3

Bedrooms

Floorplan

Positioned on this enviable plot approximately a 1/5th of an acre in size stands this deceptively spacious three double bedroom detached bungalow offering versatile living with a modern finish. The accommodation, in brief, comprises of a recently constructed porch with valuated ceiling leading to an entrance hallway which in turn has access to the master bedroom with fitted wardrobes and en-suite bathroom, fitted kitchen, conservatory and separate utility room. Off the inner hallway is the bright and well proportioned lounge/diner, two further double bedrooms and a fitted bathroom. Externally, the property offers a large, enclosed rear garden with raised patio area, ample off road parking for multiple vehicles to the front and a single garage ideal for storage or utilised as a workshop. Early viewing is strongly recommended.

PORCH 8 x 3 7" (2.44m x 1.09m) Accessed via an external uPVC double glazed door with windows to the front and side elevations, floor and part wall tiling and ceiling light.

ENTRANCE HALL 8 11" x 7 11" (2.72m x 2.41m) With wooden flooring, wall mounted radiator and ceiling light.

HALL 13 3" x 5 (4.04m x 1.52m) With wooden flooring, airing cupboard, storage cupboards, wall mounted radiator, loft hatch and ceiling light.

LOUNGE/DINER 19 x 12 11" (5.79m x 3.94m) With a fitted carpet, two uPVC double glazed windows to the rear elevation and French doors to the rear garden, two wall mounted radiators and two ceiling lights.

KITCHEN 14 8" x 7 11" (4.47m x 2.41m) With a range of high and low level units with a rolled edge worktop over incorporating a one and quarter stainless steel sink and drainer, splash back tiling, range cooker point, tiled flooring, external uPVC double glazed window and door to the conservatory and fitted ceiling spotlights.

CONSERVATORY 12 3" x 9 7" (3.73m x 2.92m) With uPVC double glazed windows to the side and rear elevations and French Doors to the rear garden, tiled flooring and wall light.

UTILITY ROOM 7 1" x 4 (2.16m x 1.22m) With vinyl flooring, washing machine and dishwasher plumbing, dryer space, wall mounted radiator and ceiling light.

MASTER BEDROOM 12 10" x 9 4" (3.91m x 2.84m) With a fitted carpet, a range of fitted wardrobes, uPVC double glazed window to the front elevation, wall mounted radiator and ceiling light.

EN-SUITE With a panelled bath with chrome mixer tap, corner shower enclosure with a mains fed mixer bar shower, low flush w.c, floor and full wall tiling, opaque uPVC double glazed window to the rear elevation, heated towel rail and two ceiling lights.

BEDROOM TWO 12 1" x 9 5" (3.68m x 2.87m) With a fitted carpet, uPVC double glazed window to the front elevation, wall mounted radiator and ceiling light.

BEDROOM THREE 10 10" x 8 10" (3.3m x 2.69m) With a fitted carpet, uPVC double glazed window to the front elevation, fitted wardrobes, wall mounted radiator and ceiling light.

BATHROOM Comprising of panelled bath with electric shower over, low flush w.c., pedestal wash hand basin, floor and part wall tiling, wall mounted radiator, opaque uPVC double glazed window to the side elevation and fitted ceiling spotlights.

EXTERNAL The property occupies a large plot, approximately 1/5th of an acre in size resulting in a large, enclosed rear garden which is mainly laid to lawn with a raised, paved patio area, a range of mature trees, shrubs and plants, a shed, greenhouse and hedged boundary. To the front is a gravelled driveway providing ample off road parking for several vehicles with a range of mature shrubs and trees and a walled and hedged boundary and provides access to the single garage which has limited vehicular access so is perfect for storage, workshop or conversion into a useable room.

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

£ 312075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 9375
  • 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

£ 30825
  • 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

Adjust these figures

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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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