3 bedroom detached bungalow for sale

£495,000

3

Bedrooms

2

Bathrooms

Floorplan

A substantial executive detached bungalow situated in this highly aspirational enclave and sited on a delightful south facing landscaped plot. This superior home has been the subject of a comprehensive extension and upgrade programme to provide high specification comfortable accommodation which must be viewed to appreciate the location, size of accommodation and wealth of quality appointments on offer. The property may be of significant interest to the golfing fraternity, having a separate gated access with facility to accommodate a golf buggy which the owners used to drive to the near by Mickleover Golf Club. Gas central heating together with UPVC double glazing. In brief; L shaped reception hall, guests cloakroom / Wc, sitting room, superior kitchen with dining room and family media room. Separate utility room. An inner hallway leads to three bedrooms, two having en-suite. Outside, a sweeping block paved driveway leads to a detached double brick garage and established gardens. The property is sold freehold. Council tax band D. Energy rating.

Recessed Arched Storm Porch - With quarry tiled floor and outside electric point. To:-

Reception Hall - Having feature UPVC double glazed entrance door, solid wood floor, coving to ceiling, radiator and access to roof space.

Guests Cloak Room/Wc - Having white low centre flush wc with ceiling LED down lighter.

Sitting Room - 4.32 x 3.62 (142' x 1110') - The focal point of the room being the feature fire surround with matching hearth and back plate, electric living flame fire, television and media connection points, radiator, coving to ceiling and UPVC double glazed bow window to front aspect.

Fitted Kitchen - 5.41 x 3.07 (178' x 100') - Having a full range of natural oak shaker style wall, base and drawer units with laminated rolled edge working surfaces, inset four ring ceramic hob with electric fan assisted double oven and grill, space and plumbing for automatic washing machine, inset stainless steel sink top with vegetable preparation bowl, side drainer and hot and cold mixer tap, space for American style fridge freezer, complimentary ceramic tiled splash backs with contrasting ceramic tiled floor, ceiling LED down lighters and open arch leading to the:-



Dining/Family/Media Area -

Family Room - 5.90 x 3.78 (194' x 124') - Having a solid wood floor, radiator, velux double glazed sky lights, UPVC double glazed sliding patio door, together with UPVC double glazed picture window and French door giving views and access over the private mature landscaped rear garden.



Dining Room - 3.48 x 3.03 (115' x 911') - Having a wall mounted log effect living flame fire, television connection point, radiator and UPVC double glazed sliding patio doors giving views and access over the private landscaped rear garden.

Utility Room - 3.05 x 2.45 (100' x 80') - Having a range of built in cupboards, space and plumbing for automatic washing machine, inset stainless steel sink top with side drainer, extendable hot and cold mixer tap, radiator and UPVC opaque double glazed door to rear garden.

Principal Bedroom Suite - 3.29 x 3.17 (109' x 104') - Having access to pitched roof space, radiator, teleivision connection point and UPVC double glazed sliding patio doors to rear. A door leads to the dressing area together with the:-

Shower Room/En Suite - 3.27 x 2.61 (108' x 86') - Having a concealed flush wc and wash hand basin nestling on a white high gloss vanity unit and walk in wet area with feature fixed head mains fed drench shower, together with hand held shower attachment, chrome heated towel rail, shaver socket, ceiling LED down lighters and UPVC opaque double glazed window.

Bedroom Two - 4.39 x 3.20 (144' x 105') - Having a range of built in bedroom furniture, radiator and UPVC double glazed window to front aspect. A door leads to the:-



Bathroom/En Suite - 3.10 x 1.85 (102' x 60') - Having a white three piece suite comprising; low centre flush wc, wash hand basin nestling on a white high gloss vanity unit and deep panelled bath with shower attachment over together with a Triton electric shower, part tiled walls, radiator, shaver socket, ceiling halogen down lighters and UPVC opaque double glazed window to side aspect.

Bedroom Three - 3.06 x 2.93 (100' x 97') - Having a radiator and UPVC double glazed window to rear aspect.

Outside - The property occupies a sizeable private mature plot, at this popular residential address. To the front is a sweeping block paved driveway giving car standing space for approximately five cars, which in turn leads to the detached double brick garage, measuring internally 5.25 x 5.15m, having motorised electronic up and over door, pitched tiled roof space, side personal door and supplied with power and light. A wooden access gate to the side, leads to a covered drying area and court yard with ancillary outbuildings, together with wooden access gates to the golf course. The rest of the garden is enclosed by privet hedging, together with close panelled fencing, laid to a sweeping shaped lawn with Cotswold style patio area and pathway, covered area, deep filled mature shrubbed borders, cold water tap, garden and security lighting.







Features
  • Freehold

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

£ 411075

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
    £ 12375
  • 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

£ 39825
  • 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

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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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