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£300,000
Bedrooms
Bathrooms
Chain free with spacious reception rooms, opportunity to put your own stamp on it. Minors and Brady are pleased to present to the market this three bedroom detached bungalow situated in Norwich. Featuring naturally lit reception rooms perfect for family living, a family bathroom, three fair sized double bedrooms two of which has built in storage, an extensive driveway providing off road parking for multiple vehicles, a detached garage and a laid to lawn rear garden.
Chain free with spacious reception rooms, opportunity to put your own stamp on it. Minors and Brady are pleased to present to the market this three bedroom detached bungalow situated in Norwich. Featuring naturally lit reception rooms perfect for family living, a family bathroom, three fair sized double bedrooms two of which has built in storage, an extensive driveway providing off road parking for multiple vehicles, a detached garage and a laid to lawn rear garden.
Location Located just under 3 miles out of the city centre, this popular location is perfect for families. Offering, schools, bus routes to the centre, local shops and pubs it has something for everyone. This location also holds easy access to the ring road surrounding the city of Norwich.
Hallway Upon entry into this home, this hallway offers carpet fitted flooring throughout, a radiator, power points, a loft hatch above and access to all rooms.
Lounge 23 3" x 11 7" (7.09m x 3.53m) Stepping into the spacious lounge, perfect for family living. Providing carpet fitted flooring throughout, two radiators, power points, feature fireplace, built in storage cupboards, plenty of space for your beautiful free standing furniture, a double glazed bay window as well as a small window to the side and an internal window looking into the conservatory.
Conservatory 11 8" x 10 9" (3.56m x 3.28m) Entering the sizeable brick built conservatory, featuring tiled flooring, a radiator, plenty of space for free standing furniture to relax during the summer months, double glazed windows and doors to the rear and side aspects.
Kitchen 11 0" x 9 9" (3.35m x 2.97m) Following through into the kitchen, featuring matching wall and base units with work surfaces above, an inset sink and drainer unit, tiled splashbacks, power points for your electrical appliances, an integrated oven and hob, space for your white goods or fridge/freezer, tiled flooring and two double glazed windows to the rear and side aspects.
Bathroom This family bathroom fitted with a 3 piece suite includes a low level WC, a hand wash basin, an enclosed shower cubicle, a heated towel rail, partially tiled walls, vinyl flooring and a privacy double glazed window to the rear of the property.
Bedroom one 10 9" x 11 6" (3.28m x 3.51m) This sizeable double bedroom offering carpet fitted flooring, a radiator, power points, a built in wardrobe and a double glazed window to the front of the property.
Bedroom two 9 4" x 9 2" (2.84m x 2.79m) A second double bedroom providing carpet fitted flooring, a radiator, power points and a double glazed window to the side aspect.
Bedroom three 9 9" x 9 2" (2.97m x 2.79m) Another double bedroom fitted with carpet flooring, a radiator, power points, a built in wardrobe and a double glazed window to the side of the property.
Exterior Approching the front of the property is an extensive driveway providing ample off road parking for multiple vehicles, leading to a single detached garage, to the side is a laid to lawn front garden with various shrubbery around the boundaries.
Towards the rear is a patio area perfect for outdoor seating during the sunnier days, a door with access into the garage, a mainly laid to lawn garden with planted shrubs and mature trees surrounding as well as a greenhouse and wooden storage shed ideal for your garden equipment, all enclosed by a fence.
Agents notes We understand that this property is freehold and connected to mains electricity, gas, water and drainage with gas central heating.
Council Tax Band: C
disclaimer: We endeavour to make our adverts accurate and correct, and ask our sellers to approve these details prior to going to market, however these do not form any part of a contract and any buyers are advised to check the details upon viewing, including any specifications, sizes and whats included on their fixtures and fittings forms when purchasing.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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