3 bedroom detached bungalow for sale

£900,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

''Guide Price - 900,000 - 950,000'' Centrally located in the charming village of Writtle upon a substantial plot, this beautifully presented detached bungalow offers spacious single-level living with three bedrooms, two bathrooms, and an independent annex, perfect for guests or multi-generational living. The expansive garden provides an ideal space for relaxation and entertaining, with ample driveway parking and a large garage. A versatile and beautifully maintained home, ready for its next chapter.

Main House Features:
Upon entry, a large entrance hall leads to the open-plan living and dining area, designed to create a warm and inviting atmosphere with natural light streaming in through large windows. The main kitchen is fitted with modern appliances and classic finishes, including bespoke cabinetry and a central cooking area.

Each of the three bedrooms are thoughtfully proportioned, with the primary suite featuring an en-suite bathroom and a lovely view over the garden. A family bathroom serves the additional bedrooms, with stylish tiles and high-end fixtures.

Annex:
Ideal for guests or multi-generational living, the annex offers a separate kitchen, living room, and bedroom. With its own bathroom and private entrance, this space adds immense value and flexibility to the home, perfect for accommodating visitors or providing independent living for a family member.

Garden and Outdoor Space:
The rear garden is truly a highlight - an expansive lawn surrounded by mature shrubbery and trees offers privacy and serenity. The large patio area is perfect for alfresco dining or entertaining, with plenty of space to enjoy sunny days. The front of the property features a gated driveway with ample parking, complemented by a beautifully maintained garden.

This lovely bungalow offers a unique mix of traditional charm and modern functionality, making it the perfect place to call home. Dont miss your opportunity to view this exceptional property.

BEDROOM 1 9 6' x 14 10' (2.9m x 4.52m)

MASTER BEDROOM 14 5' x 14 10' (4.39m x 4.52m)

ENSUITE 5 11' x 7 5' (1.8m x 2.26m)

LIVING ROOM 15 1' x 17 11' (4.6m x 5.46m)

BEDROOM 2 10 8' x 10 11' (3.25m x 3.33m)

BATHROOM 10 11' x 8 7' (3.33m x 2.62m)

KITCHEN 19 5' x 11 10' (5.92m x 3.61m)

ANNEX LIVING ROOM 11 7' x 16 6' (3.53m x 5.03m)

ANNEX KITCHEN 8 6' x 7 8' (2.59m x 2.34m)

ANNEX BEDROOM 9 11' x 14 0' (3.02m x 4.27m)

ANNEX BATHROOM 9 5' x 6 3' (2.87m x 1.91m)

GARAGE 20 7' x 8 7' (6.27m x 2.62m)

STORE ROOM 10 2' x 5 3' (3.1m x 1.6m)

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

£ 745200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 22500
  • 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

£ 70200
  • 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

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This is the assumed rate of house price inflation.

Final Property Value

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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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