3 bedroom detached bungalow for sale

£430,000

3

Bedrooms

Floorplan

A rare chance to own this very well presented 3-bedroom, detached bungalow located in the beautiful village of East Coker set in a large garden and surrounded by beautiful countryside. The property comprises of an entrance hall leading to the kitchen, a large lounge/diner with parquet flooring and open fireplace, shower room and separate W/C, 3 bedrooms and a conservatory enjoying far reaching countryside views. Outside the property benefits from spacious mature gardens which surround the property and a double garage and driveway.

ENTRANCE HALL A white double glazed front door opens into a light main hallway of the bungalow from which doors lead to all rooms.
There is a light brown carpet and pale blue walls.
Two large cupboards, once housing the hot water tank and the other providing excellent storage for coats and shoes etc.
Radiator.

KITCHEN 10 9" x 10 2" (3.3m x 3.1m) Homely kitchen with double glazed window overlooking the rear garden and door to the conservatory.
Pale green painted kitchen units with a marble-effect laminate work-surface.
Neutral walls and ceramic tiled floor.
Larder cupboard and hatchway to the dining room.
Appliance spaces for free-standing oven, washing machine and fridge-freezer.
Oil boiler.

CONSERVATORY 9 10" x 13 5" (3m x 4.1m) Large double glazed conservatory to the rear with french doors and single door opening to the garden.
Ceramic tiled flooring.
Radiator.

SITTING/DINING ROOM 12 1" x 21 11" (3.7m x 6.7m) Spacious reception room with space for both seating and dining areas.
Wooden parquet flooring and pale blue walls.
Open fire place.
Double glazed door and window opening into the conservatory to the rear.
Double glazed window to the front.
Two radiators.

SHOWER ROOM With double glazed window to the rear, blue tiled floor and white walls/tiles.
Large shower enclosure, white sink with cupboard fitted beneath and white heated towel rail.

WC Separate WC with double glazed window to the side, blue tiled floor and dark blue/white walls.
White toilet with fitted small hand wash sink above.

BEDROOM ONE 11 5" x 11 5" (3.5m x 3.5m) Double bedroom with double glazed window to the front.
Two fitted wardrobes.
Neutral carpet and pale blue walls.
Radiator.

BEDROOM TWO 8 2" x 10 5" (2.5m x 3.2m) Double bedroom with double glazed window to the front.
Fitted wardrobe.
Neutral carpet and pale blue walls.
Radiator.

BEDROOM THREE 9 2" x 8 6" (2.8m x 2.6m) Small double / good sized single bedroom with double glazed window to the rear.
Neutral carpet and dark blue / white walls
Radiator.

GARAGE Double detached garage with two white up and over doors.
Single door to the rear opening to the garden.
Lights and power sockets.
Driveway parking for 3-4 cars.

GARDEN The garden is large and wraps around the bungalow on 3 sides.
Mostly laid to lawn there are also plenty of large shrubs and trees creating a sense of privacy from the neighbouring properties and lane.
Patio area adjacent to the conservatory and garage.
Oil tank.

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

£ 357450

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
    £ 10750
  • 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

£ 34950
  • 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

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