3 bedroom detached bungalow for sale

£675,000 Offers over

3

Bedrooms

Floorplan

SUMMARY If you are looking for something unique and special, in a village location, with amazing views.. Fairview, could be for you...

Presenting this detached bungalow, a unique property currently listed for sale. In good condition, this property boasts a versatile plot with the potential to live an off-grid lifestyle. This property is ideal for investors, families, horse enthusiasts, and business people alike.

The property features three spacious double bedrooms offering plenty of room for all the family. The practical kitchen is home to a utility room and dining space, perfect for entertaining guests or enjoying family meals. There is also a separate reception room, providing a comfortable space for relaxation or socialising.

One of the most unique features is the approx 10 acres of land which comes with the property. This includes stables and a manege, presenting fantastic opportunities for horse enthusiasts. Outbuildings and a double garage provide ample storage space, and theres plenty of parking available. For those interested in running a home business, this property is a perfect choice.

The location is highly sought after, with excellent public transport links and nearby schools. Green spaces, walking routes, and stables add to the charm of this propertys location. The land is protected by the green belt, ensuring the propertys natural surroundings are preserved. There are currently no development opportunities, however, with the correct permissions, there are options to convert the stables into holiday lets.

A right of way along the right hand side of the property leads to the historic Roche Abbey and Ancient Woodland and there is a wayleave for Northern Power Grid.

In conclusion, this bungalow offers a wealth of opportunities for personalisation and development, making it a perfect choice for your new home or investment.

ENTRANCE PORCH Has a side facing UPVC double glazed door, which gives access into the entrance porch; which has a front facing UPVC double glazed window, tiled flooring and a further door giving access into the hallway.

INNER HALLWAYY A spacious hallway, which has wooden flooring and gives access to the kitchen diner, three bedrooms, bathroom, loft and what is currently being used as a study/storage room.

LOUNGE 28 1" x 13 8" (8.58m x 4.19m) Another room of panoramic views; with two side facing, one front facing bow window and UPVC double glazed patio doors, which leads out into a raised decked entertaining area. The main focal point of the room, is the fireplace which has polished lime stone surround and hearth and gas fire insert. A spacious room with two double radiators, television point and coving to the ceiling.



KITCHEN/DINER 18 9" x 13 8" (5.72m x 4.17m) The main feature of this Kitchen is the beautiful views for miles, with rear and side facing UPVC double glazed windows.
Has a range of wall and base units, a roll top works surface, which incorporates a double sink drainer, with mixer tap a dual fuel range cooker with a seven ring gas hob, three ovens and plate warmer. There is plumbing for a dishwasher space for a fridge and freezer, has a television point and gives access to the hallway and lounge.


UTILITY ROOM 8 2" x 7 6" (2.51m x 2.29m) With a rear facing UPVC double glazed door and window. Has a work surface, wall storage cupboards, plumbing for a washing machine and a wash hand basin. Also houses and the boiler.

There is an internal stable door, that leads into the kitchen diner.



BEDROOM ONE 14 7" x 14 6" (4.45m x 4.42m) A generous sized bedroom, with a UPVC double glazed window and central heating radiator.



BEDROOM TWO 13 1" x 11 6" (3.99m x 3.51m) Another spacious double, with a front facing UPVC double glazed window built-in wardrobes, with matching drawers and a central heating radiator.

'' Next to the bedroom, there is a room (detailed below), that is currently being used as an office/storage room. This could be converted into an en-suite, dressing room or walk in wardrobe ''


OFFICE/STUDY/STORE ROOM 13 1" x 9 4" (3.99m x 2.87m) This room is currently being used as an office/storage room. It could be converted into a dressing room, walk in wardrobe or even an ensuite to the second bedroom.

'' With the correct permissions, a stairway could be erected here, leading into the loft, to make further bedrooms ''



BEDROOM THREE 8 11" x 0 0" (2.72m x 0m) With a large UPVC double glazed window; giving beautiful views into the garden and fields. It is another double bedroom with a central heating radiator.

FAMILY BATHROOM A recently fitted bathroom suite; comprising of a wash hand basin vanity unit, low flush WC, bath, shower cubicle and a towel heater radiator. Also benefits from tiled flooring and two UPVC double glazed windows.

GARAGE 33 1" x 10 2" (10.09m x 3.12m) A large garage, the full width of the house. Has an inspection pit, four windows in total, power and light an up and over door to the front and a personal door to the rear.

'' This could be converted to add further living accommodation to the bungalow.. (Another bedroom or reception room, if required) ''

OUTSIDE WC Has a WC, wash hand basin and a rear window.

OUTSIDE, BUILDINGS AND LAND Having approximately 10 acres of land; this really is versatile outside space offering you a variety of options. There is an Indian stone paved patio area, two raised decking areas as well as a a large space that is laid to lawn.

At the top end closer to the bungalow theres three stables, hay shed and a tack room. With the correct permissions, these could be converted into holiday lets or an office. Also Benefits from a chicken pen and manage, should you wish to use as a livery yard and a further six stables a tack room and feed store to the rear, that could be tenanted out.

This is not the end.. behind the six stables, there are four paddocks, with running water.

There is options to live off grid, should you wish too:

The roof has 11 solar panels, that are owned by the property, which currently offers free electricity and currently draws in an income of approximately 550per year

To the front

With parking for multiple vehicles, having a U shaped driveway, offering easy access for horseboxes, trailers and wagons.

AGENCY NOTES TENURE - FREEHOLD

EPC RATING - D

COUNCIL TAX BAND - D - 2283

ACRES APPOXIMATELY - 10 ACRES - GREEN BELT LAND UNABLE TO DEVELOP

Services: Mains water, electricity and drainage are connected along with a gas fired central heating system. Please note, we have not tested the services or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

DISCLAIMER Whilst we endeavour to make our sales details accurate and reliable, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information. Do so, particularly if contemplating travelling some distance to view the property.

All measurements have been taken using a sonic / laser tape measure and therefore, may be subject to a small margin of error.

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

£ 559575

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
    £ 16875
  • 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

£ 53325
  • 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
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  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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
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    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.

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