3 bedroom detached bungalow for sale

£375,000 Offers over

3

Bedrooms

1

Bathrooms

Floorplan

This modern three bedroom property is perfect for those looking for a spacious and comfortable home, located in the tranquil village of Halvergate. The property boasts a kitchen/breakfast room, conservatory and lounge/diner. The kitchen/breakfast room is perfect for cooking up a storm and enjoying meals with family and friends. The lounge/diner is a great place to relax and unwind after a long day. The property also features three bedrooms, providing ample space for families or those who need extra space, a perfect family home!

This modern three bedroom property is perfect for those looking for a spacious and comfortable home, located in the tranquil village of Halvergate. The property boasts a kitchen/breakfast room, conservatory and lounge/diner. The kitchen/breakfast room is perfect for cooking up a storm and enjoying meals with family and friends. The lounge/diner is a great place to relax and unwind after a long day. The property also features three bedrooms, providing ample space for families or those who need extra space, a perfect family home!

Location The property is located in the quiet village of Halvergate in the English county of Norfolk, north of Reedham and between the Rivers Bure and Yare, within The Broads. A tranquil and sought after location for any family, the village is just off the A47 giving easy access to both the city of Norwich and seaside town of Great Yarmouth. Halvergate offers an active bus route through the village, a local pub, pavilion and playing field.

Pockthorpe This beautiful bungalow has recently been renovated, giving a modern feel throughout and boasting new fixtures and a bright and airy feel. The lounge offers plenty of natural light and a versatile space for lounge and dining furniture. The wonderfully presented kitchen is fully equipped with all the appliances and counter space youll need to create delicious meals for the family. Youll find three bedrooms and plenty of driveway space for parking multiple cars.

One of the highlights of this property is the enclosed and private wrap around garden overlooking farmland, offering beautiful views of the sunrise each morning, with a large decking space for al fresco dining, hosting and entertaining!

Agents note We understand the property will be sold freehold, connected to all mains services with oil 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.

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

£ 312075

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
    £ 9375
  • 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

£ 30825
  • 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.

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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.

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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
    £

    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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