2 bedroom semi-detached bungalow for sale

£270,000

2

Bedrooms

1

Bathrooms

Floorplan

For sale is this immaculate two-bedroom, semi-detached bungalow. The property is in a highly sought-after location, with easy access to public transport links, local amenities, and scenic walking routes. This home is perfect for downsizers seeking a semi-rural lifestyle without compromising on convenience.

The property boasts one well-appointed lounge, featuring large window, wood flooring, and log burner. This room offers a warm and inviting space for relaxation and entertainment. The house also includes a separate kitchen equipped with built-in pantries, beautiful wood countertops, integrated dishwasher and a Belfast sink. The natural light streaming through the windows highlights the tiled splashback, contributing to the overall charm of the kitchen.

The bungalow offers two bedrooms, both of which overlook the rear garden. The first bedroom is a spacious double room, providing ample space for comfort and relaxation. The second bedroom, while slightly smaller, is still a good size and shares the same tranquil garden view.

There is one bathroom in the property, ensuring all essential amenities are catered for. The house also boasts a single garage, perfect for extra storage and features a worktop area along the back with cupboards and drawers, and it also has space and power for appliances like a dryer or a freezer. Outside, the property features a well-maintained private garden with pond, excellent garden office not only has power but is equipped with an internet or Ethernet connection, making it ideal for home office use, and ample off-street parking.

The boiler has recently been installed

Unique features such as the garden, parking, and single garage set this property apart. This semi-rural bungalow offers a quiet haven away from the bustle of city life, while remaining close to essential amenities.

HALL

LOUNGE 13 5' x 12 1' (4.1m x 3.7m)

KTICHEN

BEDROOM ONE 11 9' x 11 9' (3.6m x 3.6m)

BEDROOM TWO 8 10' x 8 2' (2.7m x 2.5m)

BATHROOM

Features
  • Freehold

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

£ 225450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 6750
  • 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

£ 22950
  • 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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  %
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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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