2 bedroom detached bungalow for sale

£350,000 OIRO

2

Bedrooms

Floorplan

PROPERTY DESCRIPTION Martin and Co. are delighted to offer for sale this most characterful detached bungalow which has a wealth of cottage features. Boasting a very deceptive layout with three excellent reception rooms and also having a spacious Kitchen, Two Double Bedrooms and a Shower Room/WC. Originally converted from a three bedroom and can be easily returned to this state. Located to a little known hamlet style position and enjoying an envious plot with extensive South facing gardens and off road parking for two cars. The village centre is within easy walking distance with an excellent range of amenities including a Doctors Surgery, Dental Practice and also a Morrisons Convenience Store.

The property is entered via the Porch which has a door leading into the Kitchen.

The Kitchen is of spacious dimensions and has a lovely focal point brick fireplace with a stone lintel. There is an excellent range of fitted units to base and wall with complimenting work spaces over together with a stainless steel sink unit with mixer tap. Integrated appliances include a four ring hob with a canopy style cooker hood above and a built-in electric oven. There is also plumbing for an automatic washing machine and a dishwasher. The room also has a wall mounted central heating boiler and there are two windows to the front elevation. An archway leads through to the Dining Room.

The Dining Room is a most characterful reception room with features including a double height truss and beamed ceiling, stone flagged floor and a focal point stone fireplace with a wood burning stove. The room has mullioned windows to the front and an additional window to the side.

The Living Room is another super reception room of good proportions with a focal point fireplace comprising of a solid timber fireplace and an inset cast iron fire with solid fuel fire. The room is decorated to a contemporary theme and also has laminate flooring. Steps lead down to the Sitting Room.

The Sitting Room is the largest of the three reception rooms and enjoys lovely views across the extensive gardens via the double French doors. The room has Oak flooring and a door leads to an inner lobby.

The Inner Lobby gives access to the Bedrooms and Shower Room.

The largest Bedroom is positioned to the rear of the property and has two windows to the side elevation.

The second Double Bedroom enjoys views across the gardens at the front via three windows. Through the garden area there is good access to the woodland.

The Shower Room/WC is fitted with a three piece White suite comprising of a corner shower cubicle with a thermostatic shower, pedestal wash hand basin and a low level WC. The room has tiling to the walls and floor, a chrome finish heated towel rail and two windows to the side elevation.

This wonderful character property definitely merits early viewing and this can be arranged by calling our Huddersfield office on 01484 453935.

'EPC booked to be condcuted 04/04/2025. Report to be added afterward.

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

£ 291450

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
    £ 8750
  • 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

£ 28950
  • 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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