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£575,000
Bedrooms
Bathrooms
IMMACULATE DETACHED BUNGALOW SET IN APPROX 1.25 ACRES. THREE/FOUR BEDROOMS, ONE/TWO RECEPTIONS, KITCHEN AND UTILITY, FOUR PIECE BATHROOM, LONG PRIVATE DRIVEWAY AND GARAGE, COUNTRYSIDE VIEWS.
Property Description - A fantastic opportunity to purchase this very well presented detached bungalow, set in approximately 1.25 acres. Enjoying rural views and a real sense of space, the bungalow is perfect for a growing family with the accommodation comprising a welcoming entrance hall, dual aspect lounge, kitchen with integrated appliances, utility with cloak room, four piece family bathroom, three double bedrooms plus a potential fourth bedroom currently used as a dining room.
Outside, the property is approached through double vehicular gates onto a long private driveway providing ample parking along with a large garage with electric door. You are immediately aware of your rural surroundings and the historical mining history of the area with countryside views lying beyond approximately 1.25 acres of gardens and grounds and disused Engine house and Chimney stack. The gardens are laid to lawn and are bathed in all day sunshine withthe end of the land offering a more natural area with mature trees and an attraction for wildlife.
The location is rural yet convenient with the village of Praze less than one mile away and the main town of Camborne with a range of retail and leisure facilities, schools for all ages and mainline railway approximately 2.5 miles distant.
Accommodation In Detail - (All measurements are approximate)
Entrance - Obscure double glazed door into:
Entrance Vestibule - Tiled floor, glazed door into:
Entrance Hall - A light and bright entrance hall way with large airing cupboard housing combination boiler and fitted shelving, radiator, loft access hatch, doors to lounge, kitchen, bedrooms and bathroom
Lounge - 4.83m x 4.5m (1510' x 149' ) - A good sized dual aspect living space with dining space if required, double glazed window enjoying a garden view and patio doors to paved sunny patio, feature fireplace with living flame gas fire, radiator, inset lighting.
Kitchen - A well appointed kitchen fitted with a range of shaker style base and wall units with stone effect work surfaces, integrated appliances include fridge, freezer, dishwasher, oven, microwave, gas hob and extractor hood, one and half bowl composite sink, tiled floor, radiator, door into:
Utility/Cloak Room - Double glazed window and obscure double glazed door to drying area, fitted unit with worktop above, doors into garage and cloak room area with W.C, space for washing machine.
Bedroom One - 3.66m x 3.33m (120' x 1011' ) - Double glazed window, radiator.
Bedroom Two - 3.38m x 3.2m (111' x 105' ) - Double glazed window, radiator.
Bedroom Three - 3.64m x 2.73m (1111' x 811' ) - Double glazed window, radiator.
Dining Room/Fourth Bedroom - 2.72m x 2.69m (811' x 89') - A potential fourth bedroom currently used as a dining room with double glazed window and radiator.
Bathroom - An immaculate four piece bathroom suite comprising bath, shower cubicle, W.C and hand basin with fitted unit, tiled floor, tiled walls, radiator, obscure double glazed window.
Outside - The bungalow is approached through double wooden gates onto a long driveway with generous parking for numerous vehicles along with a large garage. You are immediately welcomed by rural views including approximately 1.25 acres of gardens and grounds. To the left of the driveway is a level lawn and sunny patio area accessed from the lounge and useful drying area to the rear accessed from the utility. The main garden is an expansive lawn that extends into a more natural area interspersed with trees attracting a great deal of wildlife. There is also a wildlife pond and several useful outbuildings including a mower shed, summerhouse and trailer/storage shed.
Garage - 7.66m x 3.55m (251' x 117') - Electric roller door, light and power, loft access.
Trailer/Storage Shed - 3.6m x 2.8m (119' x 92' ) - A useful storage shed with twin wooden doors and additional pedestrian rear door and also houses the LPG gas bottles.
Summerhouse - 3.53m x 2.93m (116' x 97' ) -
Mower Shed - 2.8m x 2.6m (92' x 86' ) -
Material Information - Verified Material Information
Council tax band: D
Council tax annual charge: 2342.54 a year (195.21 a month)
Tenure: Freehold
Property type: Bungalow
Property construction: Standard form
Electricity supply: Mains electricity
Solar Panels: No
Other electricity sources: No
Water supply: Mains water supply
Sewerage: Septic tank
Heating: Central heating
Heating features: Double glazing
Broadband: FTTP (Fibre to the Premises)
Mobile coverage: O2 - Good, Vodafone - OK, Three - Good, EE - Good
Parking: Garage, Driveway, and Private
Building safety issues: No
Restrictions - Listed Building: No
Restrictions - Conservation Area: No
Restrictions - Tree Preservation Orders: None
Public right of way: No
Long-term area flood risk: No
Coastal erosion risk: No
Planning permission issues: No
Accessibility and adaptations: None
Coal mining area: No
Non-coal mining area: Yes
Energy Performance rating: E
All information is provided without warranty. Contains HM Land Registry data Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £2,486.68
Total Interest: £320,206.41
Overall Total: £895,206.41
Amortization For Monthly Payment: £2,486.68 over 30 years ( Based on 3.20% Interest )
Year | Interest | Principal | Balance |
---|---|---|---|
2025 | £18,230.71 | £11,609.50 | £563,390.50 |
2026 | £17,853.71 | £11,986.51 | £551,403.99 |
2027 | £17,464.46 | £12,375.75 | £539,028.24 |
2028 | £17,062.58 | £12,777.63 | £526,250.61 |
2029 | £16,647.64 | £13,192.57 | £513,058.04 |
2030 | £16,219.24 | £13,620.98 | £499,437.06 |
2031 | £15,776.91 | £14,063.30 | £485,373.76 |
2032 | £15,320.23 | £14,519.98 | £470,853.78 |
2033 | £14,848.71 | £14,991.50 | £455,862.28 |
2034 | £14,361.89 | £15,478.33 | £440,383.95 |
2035 | £13,859.25 | £15,980.96 | £424,402.99 |
2036 | £13,340.29 | £16,499.92 | £407,903.07 |
2037 | £12,804.48 | £17,035.73 | £390,867.34 |
2038 | £12,251.27 | £17,588.94 | £373,278.39 |
2039 | £11,680.10 | £18,160.12 | £355,118.28 |
2040 | £11,090.37 | £18,749.84 | £336,368.44 |
2041 | £10,481.50 | £19,358.71 | £317,009.72 |
2042 | £9,852.85 | £19,987.36 | £297,022.37 |
2043 | £9,203.79 | £20,636.42 | £276,385.95 |
2044 | £8,533.66 | £21,306.56 | £255,079.39 |
2045 | £7,841.76 | £21,998.46 | £233,080.93 |
2046 | £7,127.39 | £22,712.82 | £210,368.11 |
2047 | £6,389.83 | £23,450.39 | £186,917.72 |
2048 | £5,628.31 | £24,211.91 | £162,705.82 |
2049 | £4,842.06 | £24,998.15 | £137,707.67 |
2050 | £4,030.28 | £25,809.93 | £111,897.74 |
2051 | £3,192.14 | £26,648.07 | £85,249.67 |
2052 | £2,326.79 | £27,513.43 | £57,736.24 |
2053 | £1,433.33 | £28,406.88 | £29,329.36 |
2054 | £510.86 | £29,329.36 | £0.00 |
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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Wed May 14 2025
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Wed May 14 2025
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