3 bedroom detached bungalow for sale

£440,000 OIRO

3

Bedrooms

Floorplan

Spacious detached bungalow in an enviable location at the heart of the desirable South Somerset village of West Coker with driveway parking, attractive landscaped gardens, south-facing the rear, and fully modernised throughout.
Benefitting from a detached workshop / home office.
Early viewing recommended!

ENTRANCE PORCH The property is entered by double glazed front door into a useful front porch extension giving space for coats, boots etc.
Further glazed door opening into the main hallway.
Double glazed window to the front and single glazed obscure glass window into the bathroom.
Brown carpet and fitted mat.
Radiator.

HALLWAY L-shaped hallway from which all accommodation leads.
Cream carpet and neutral walls.
Radiator, storage cupboard and loft hatch.

KITCHEN 14 5" x 10 11" (4.4m x 3.35m) Attractive modern kitchen with large double glazed window to the front and door opening to the side.
Gloss neutrally coloured kitchen units with a granite-effect laminate worksurface.
Integrated double electric ovens, dishwasher, fridge-freezer and electric hob with extractor above.
Appliance space for washing machine.
White, space-saving folding doors open into the hall and sitting / dining room.
Tile-effect vinyl flooring and multi-colour tiled splashbacks.
Two radiators.


SITTING/DINING ROOM 18 4" x 10 9" (5.6m x 3.3m) Spacious reception room with plenty of space for both seating and dining areas.
Neutral decor and carpet.
Double glazed French doors with side panes opening to the rear garden plus window to the side.
Two radiators.

BEDROOM ONE 13 5" x 10 9" (4.1m x 3.3m) Master double bedroom with double glazed window to the rear.
Neutral carpet and decor.
Radiator.

ENSUITE Shower room with white vinyl flooring and pale blue wall tiles.
White suite of toilet set in cupboards and corner pedestal basin.
Corner shower cubicle.
Radiator and electric heated towel rail.
Extractor.

BEDROOM TWO 10 9" x 7 10" (3.3m x 2.4m) Double bedroom with double glazed window to the front.
Neutral carpet and decor.
Radiator.

BEDROOM THREE 10 9" x 7 2" (3.3m x 2.2m) Small double or good sized single bedroom with double glazed window to the rear.
Neutral carpet and decor.
Radiator.

BATHROOM Family bathroom with white vinyl flooring and pale blue wall tiles.
White suite of toilet set in cupboards and pedestal basin.
Bath with shower above and hinged screen.
Radiator and electric heated towel rail.


WORKSHOP / STUDIO 8 2" x 15 7" (2.5m x 4.75m) Detached converted garage which is now split into two rooms (but could easily be turned back into one space).
Double glazed window and sliding doors to the front.
Electrics and lighting.

GARDEN AND DRIVEWAY The property is approached by an initial steep section of driveway which then levels out and provides parking for up to 3 cars.
The gardens are fully landscaped with paving and raised beds.
To the front is an area with mature shrubs providing screening from the road.
The rear has a patio area adjacent to the bungalow, then a series of stepped areas with a vegetable garden at the rear with two raised planters.
There is abundant beautifully cared for plants including mature apple and fig trees.
The oil tank is situated behind the studio whilst the boiler is at the front.
To the side is a pretty sun-trap area with artificial grass and an automated extending sun shade.

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

£ 365700

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
    £ 11000
  • 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

£ 35700
  • 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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£
  %

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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