3 bedroom detached bungalow for sale

£450,000 Offers over

3

Bedrooms

Floorplan

This delightful detached bungalow is offered to the market with no onward chain and is located in the highly sought-after village of Hampsthwaite. Positioned at the head of a quiet cul-de-sac, the property enjoys both privacy and a peaceful setting.

Hampsthwaite is a picturesque village known for its excellent local amenities, including a primary school rated by OSFTED as "outstanding", a village shop, a popular pub, and scenic walking routes. It is conveniently situated just a short drive from Harrogate, with Pateley Bridge and Ripon also within easy reach, making it ideal for those who enjoy village life with great transport links.

The bungalow offers an excellent opportunity for personalisation, with potential for extension (subject to the necessary planning permissions). Sitting on a generous plot, the propertys outside space makes this property stand out from other bungalows on the market in the area. It benefits from a fully enclosed garden wrapping around three sides, featuring a mix of lawn, decking, and patio areas-perfect for outdoor living and entertaining.

Inside, the spacious living-dining room is the heart of the home, providing a welcoming space to relax in front of the multi-fuel stove or enjoy meals with family and friends. The conservatory seamlessly connects to the garden, offering a bright and airy space to enjoy throughout the year.

The fitted kitchen includes a large gas range-style cooker, ideal for keen home cooks. The family bathroom is well-appointed with a corner bath, separate shower unit, WC, basin, and heated towel rail. A cupboard houses the gas-fired combination boiler.

The property boasts three double bedrooms, offering flexible space for various uses, whether as guest rooms, a home office, or a personal retreat. The main bedroom features fitted wardrobes, taking care of your storage needs.

Externally the property benefits from:

A large enclosed garden surrounding three sides of the property

Driveway with off-road parking for two vehicles

Single garage with electric lighting and power

Additional Information:

Tenure: Freehold. The main plot covering the house and majority of the garden is understood to be freehold. Part of the garden is understood to be covered by a possessory title for over a decade.

Council Tax Band: D

Services: Mains electricity, gas, and water

Estimated Rental Income: 1,500 PCM

Broadband: Full fibre with estimated speeds of up to 1,800 Mbps

Mobile Coverage: O2, Vodafone, and EE

Satellite & Cable TV Availability: SKY & BT

Flood Risk: No risk from rivers or seas; very low surface water risk

This property offers a fantastic opportunity to create a beautiful home in a desirable village location. Viewing is highly recommended!

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

£ 373950

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

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
    £ 11250
  • 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

£ 36450
  • 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

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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

£
  • 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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