3 bedroom detached bungalow for sale

£525,000 OIRO

3

Bedrooms

2

Bathrooms

Charming 3-Bedroom Detached Bungalow with Expansive Garden and Wooded Area

Located on the fringe of Shrewsbury, this delightful 3-bedroom detached bungalow offers the perfect blend of countryside tranquility and modern convenience. Set on a generously sized plot, the property boasts a large, beautifully landscaped garden, complemented by a private wooded area, providing a serene retreat right at your doorstep.

Key Features:

Three Spacious Bedrooms: Each room offers ample space, filled with natural light, making them perfect for family living or accommodating guests.

Modern Kitchen & Dining Area: A well-appointed kitchen with contemporary fittings and plenty of storage, ideal for both everyday meals and entertaining.

Bright Living Area: The living room features Bifold doors that overlook the garden bringing the outside-in and creating a warm and inviting space to relax. The cosy wood burner is perfect for the cooler months.

Family Shower Room & En-Suite Bathroom: The master bedroom benefits from its own stylish en-suite bathroom, while a separate family shower room provides ample space and modern fittings.

Utility Room: A convenient addition to the property with side access to driveway.

Large Loft Space: the bungalow includes a spacious loft, offering excellent potential for additional storage or future conversion into further living space, subject to the necessary planning permissions.

Expansive Garden: The highlight of this property, the large garden provides endless possibilities for outdoor activities, gardening, or simply enjoying the peaceful surroundings. An attractive summer house is tucked away at the end of the garden along with workshops and greenhouse.

Private Wooded Area: A unique feature, the adjoining wooded area offers a natural escape and adds to the propertys charm and seclusion.

Drive-Through Garage & Large Rear Parking Area: The property also features a drive-through garage, where a large parking area provides plenty of space for multiple vehicles-ideal for guests or those with larger vehicles like caravans or trailers.

Located just on the edge of town, youll enjoy easy access to local amenities, a bus route into town/Wem/Whitchurch right on your doorstep, schools, and transport links, while still benefiting from the privacy and quiet of a more rural setting. This bungalow is ideal for families, retirees, or anyone looking for a home that offers both space and a serenity.

Dont miss the opportunity to make this wonderful property your own. Contact us today to arrange a viewing 01743 340020.



KITCHEN/DINING ROOM 20 3" x 17 3" (6.19m max x 5.27m max)

LIVING ROOM 20 3" x 12 8" (6.19 max m x 3.88 max m)

BEDROOM 1 11 10" x 11 5" (3.63m x 3.49m)

EN-SUITE BATHROOM 10 7" x 6 10" (3.23m max x 2.09m max)

BEDROOM 2 (FRONT) 15 10" x 12 11" (4.84 max m x 3.96 max m)

BEDROOM 3 (FRONT) 12 11" x 12 2" (3.95m max x 3.72m max)

SHOWER ROOM

UTILITY ROOM

Map location is not available for this property.

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

£ 435825

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
    £ 13125
  • 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

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£

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

£ 42075
  • 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

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  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    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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