3 bedroom detached bungalow for sale

£550,000 OIRO

3

Bedrooms

2

Bathrooms

Floorplan

An outstanding three-bed detached bungalow that rests on a 1/3 of an acre plot boasting picturesque views across the open Somerset countryside. This bungalows desired location is peaceful and rural while also being close to quaint market towns such as Bruton and Sherborne. The bungalow features a modern kitchen and bathrooms, spacious living room and two double bedrooms with one master suite. Viewing is highly recommended to truly appreciate this fantastic property.

ENTRANCE HALL Entering the property you are welcomed by a well proportioned, light and airy entrance hall offering three separate storage closets. The entrance hall provides access to the kitchen, main reception room, family bathroom and bedrooms. Wooden flooring with bright neutral walls.

KITCHEN 15 8" x 8 6" (4.8m x 2.6m) Contemporary integrated kitchen finished with quartz work surfaces and splash guards, white cabinets and draws. Two large double glazed windows paired with ceiling spotlights and under-cabinet lighting collectively create a light and bright kitchen. Benefiting from an integrated washing machine, electric oven and a built in water filter system. Tasteful olive green walls and chestnut floor tiles.

LIVING ROOM 19 4" x 15 8" (5.9m x 4.8m) A generously proportioned living room featuring a log burner and beautiful oak mantelpiece that is centrally positioned. The double French doors open to the front garden and stunning views across the country side. This reception room is neutrally decorated with a tawny brown feature wall and light grey carpet.

MASTER BEDROOM 10 9" x 11 5" (3.3m x 3.5m) The master bedroom is a spacious double bedroom with a large built in wardrobe spanning the length of the far side wall. Double glazed window to the front of the property framing the picturesque countryside. The room is decorated with neutral walls and light grey carpets.
The master bedroom benefits from an attached ensuite which consists of a white w/c, basin and freestanding shower cubical. The ensuite has light grey wooden laminate flooring with stylish sandstone effect tiles throughout.

BEDROOM TWO 10 9" x 13 5" (3.3m x 4.1m) This room highlights the versatility of the property, currently being used as a secondary, cosy reception room it would also make a great double bedroom. With a double glazed window and French doors to the front of the property. This room is neutrally decorated with light grey carpet.

BEDROOM THREE 10 5" x 10 9" (3.2m x 3.3m) Spacious double bedroom with double glazed window to the rear of the property. Decorated with peach walls and light grey carpet.

FAMILY BATHROOM 7 6" x 6 6" (2.3m x 2m) A spacious family bathroom with white bath, basin and w/c. The bathtub has central taps and a rounded side for the shower. There is a double glazed textured window to the rear. The bathroom has white tiles with olive green walls and chestnut floor tiles.

UTILITY ROOM 6 6" x 6 6" (2m x 2m) Adjacent to the kitchen is a utility room providing ample space for a washing machine and tumble dryer. This utility also benefits from under counter storage space as well as a sink and draining board. Double glazed windows and a door leading to the driveway.

OUTSIDE As you approach this property you are led up the long driveway to the rear of the bungalow where you will find a detached double garage as well as space for 3-4 cars on the tarmac and gravel area. The garage has one electric automatic door and one pull up-and-over door.
The wrap-around garden is immaculately presented and features multiple lawn areas and a side patio.

Map location is not available for this property.

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

£ 456450

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
    £ 13750
  • 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

£ 43950
  • 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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Please enter a valid UK mobile number (e.g. 07123456789 or +447123456789)

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message