3 bedroom detached bungalow for sale

£220,000 OIRO

3

Bedrooms

Fantastic Fairview Circle! VIRTUAL TOUR AVAILABLE! Spacious three bedroom detached bungalow is available for sale in the very popular Bridge of Don area of Aberdeen. This spacious property enjoys benefits such as electric heating, double glazing, driveway parking, single garage and a fully enclosed extensive rear garden.

Bridge of Don is a quiet suburb situated in the northeast part of Aberdeen. It is a thriving community with seven primary schools, two secondary schools, parks, and shops.

Area features include:

- Easy commuting access to Dyce, Aberdeen Airport, and Aberdeen City Centre
- Within minutes walk to the retail park
- The Royal Aberdeen Golf Club
- A variety of supermarkets and shops
- Westfield Park
- Various churches and community centres

ENTRANCE PORCH Welcoming entrance with a built-in storage cupboard equipped with mirrored sliding doors.

LOUNGE Generously sized lounge with neutral dcor including a papered feature wall. Large front facing window allows natural light to stream into this room. Access from the entrance porch, also leads to the kitchen/ diner and the hallway to the rest of the accommodation. Carpeted flooring completes this room.

KITCHEN/DINER Fully fitted kitchen/ diner with access to the utility room, and has ample space for a large dining table for family dinners or entertaining. Wide range of light wooden wall and base units and contrasting darker counter top. Integrated appliances include dish washer, microwave oven, an electric ceramic hob with over head fan and oven. Wooden flooring and side facing windows.

UTILITY ROOM Traditional utility room equipped with a sink and access to the rear garden through the side door. Plumbing and space for washing machine and tumble dryer. Wooden flooring.

HALLWAY Accessed from the lounge and access to all other rooms. Large built-in cupboard with mirrored sliding doors and loft hatch.

BEDROOM 1 Comfortable double bedroom decorated in neutral tones and benefits from a built-in wardrobe with mirrored sliding doors. Rear facing window with natural light flooding the room and carpeted flooring. Access to an en-suite shower room.

ENSUITE SHOWER ROOM Three piece peach suite with shower cubicle. Side facing window and vinyl flooring.

BEDROOM 2 Good-sized double bedroom decorated in neutral tones and benefits from a built-in wardrobe with mirrored sliding doors. Rear facing window with views over the rear garden.

BEDROOM 3 Cozy double bedroom decorated in neutral tones and benefits from a built-in wardrobe with mirrored sliding doors. Side facing window and carpeted flooring complete the room.

BATHROOM Traditional bathroom with a three piece and shower over bath. Side facing window and vinyl flooring.

EXTERNALLY Fully enclosed rear garden with lawn and patio area. Single garage and driveway parking for two cars. Ample on street parking is also available.

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

£ 173200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 5500
  • 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

£ 8200
  • 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

Adjust these figures

  %
  %
£
  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message