2 bedroom detached bungalow for sale

£280,000 Offers in excess of

2

Bedrooms

Floorplan

OVERVIEW Welcome to this stunning detached bungalow thats on the market and just waiting for the perfect buyer to fall in love with it. The property is in immaculate condition, ready for you to move in and start making memories.

The bungalow features a generous layout with two double bedrooms. Both of these bedrooms are favourable in size and come with built-in wardrobes, providing ample storage space for all your essentials. The property also boasts a modern fitted kitchen, where you can whip up your favourite meals and entertain guests.

The living space is comprised of a cosy reception room, perfect for spending quality time with family or simply relaxing after a long day. A beautiful bathroom with a heated towel rail completes the internal accommodation, offering a touch of luxury and comfort.

Outside, the property continues to impress with a single garage, an outbuilding, and a car port, providing plenty of space for your vehicles or additional storage. The versatile garden room is a unique feature of this property, offering a space for a home office or garden bar perhaps.

The location of this bungalow is a real highlight. Its ideally positioned close to public transport links and local amenities, making everyday living easy and convenient.

To round it off, the property is surrounded by a lovely garden, a perfect spot to bask in the sun, have a barbecue, or indulge in some gardening. This property truly is a hidden gem, offering an enviable lifestyle. Dont miss out on this opportunity. We look forward to welcoming you for a viewing soon.

HALL 15 3" x 5 10" (4.65m x 1.78m) Entered via a UPVC front door, wood effect laminate flooring, radiator..

LOUNGE 13 7" x 11 11" (4.14m x 3.63m) Living flame gas fire with feature surround, UPVC patio doors opening into the conservatory, double glazed window to the side elevations , radiator.

CONSERVATORY 11 2" x 7 5" (3.4m x 2.26m) UPVC frame with French doors opening onto the rear garden, wood effect laminate flooring, power and lighting.

KITCHEN 8 10" x 7 1" (2.69m x 2.16m) Fitted with modern wall and base units with worksurface over which incorporates a sink unit and drainer with mixer tap, integrated oven and hob with extractor, space for appliances, double glazed window to the front elevation, wood effect laminate flooring.

BEDROOM 14 11" x 8 3" (4.55m x 2.51m) Having built in wardrobes, double glazed windows to the rear elevation, radiator.

BEDROOM 13 1" x 10 0" (3.99m x 3.05m) Having built in wardrobes, double glazed window to the rear elevation, radiator.

SHOWER ROOM 7 9" x 6 2" (2.36m x 1.88m) Modern white suite comprising; low level WC, wall mounted hand wash basin and walk in shower, fully tiled walls, double glazed window to the front elevation, chrome heated towel rail.

CARPORT 19 7" x 9 0" (5.97m x 2.74m) With electric roller shutter door.

GARAGE 16 8" x 8 3" (5.08m x 2.51m) Having electric roller shutter door.

WORKSHOP 16 5" x 7 5" (5m x 2.26m)

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

£ 233700

Mortgage Loan to Value

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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

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 7000
  • 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

£ 23700
  • 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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