3 bedroom detached bungalow for sale

£925,000

3

Bedrooms

2

Bathrooms

Floorplan

Front Door to


Entrance Hall
Karndean floor, electric cupboard

Family Room
20 4' x 17 11' (6.20m x 5.46m) Feature fireplace, radiator, triple aspect double glazed sash windows

Bespoke Kitchen
10 6' x 8 (3.20m x 2.44m) Single drainer 1 bowl sink unit inset in granite work surface, range of cupboards and units, breakfast bar, wall mounted boiler, integrated fridge and freezer, integrated dishwasher, space for cooker, Karndean floor, double glazed sash window

Lobby
Access to loft, airing cupboard

Bedroom 1
13 10' x 9 9' (4.22m x 2.97m) Radiator, double glazed window

En-Suite Shower Room
CURRENTLY USED AS A WARDROBE. Comprising shower cubicle, low level wc, wash hand basin, heated towel rail, tiled walls, double glazed window

Bedroom 2
14 7' x 9 11' (4.44m x 3.02m) Radiator, double glazed window

Bedroom 3
11 11' x 9 11' (3.63m x 3.02m) Radiator, double glazed window

Bathroom
Comprising roll top bath with mixer taps and shower attachment, shower cubicle with fitted shower, shower screen, low level wc, wash hand basin, heated towel rail, tiled walls and floor, double glazed window

Outside


Large Front Garden
Water feature, off street parking for several vehicles, electric gates to front

Rear Garden
Mainly artificial grass, patio area, storage shed

Outside Shower Room
Comprising shower cubicle, shower unit, low level wc, wash hand basin, tiled walls and floor

Self Contained Annex


Entrance Hall


Open Plan Lounge/Kitchen
19 2' x 14 10' (5.84m x 4.52m) Butler sink inset in roll top work surface, range of cupboards and units, breakfast bar, integrated fridge and freezer, integrated dishwasher, space for cooker, Karndean floor, double glazed sash window, double glazed windows, double glazed doors to garden

Bedroom 1
15 11' x 9 2' (4.85m x 2.79m) Double glazed doors to garden

Bedroom 2
9 4' x 8 1' (2.84m x 2.46m) Skylight

Bedroom 3
9 0' x 7 3' (2.74m x 2.21m) Skylight

Bathroom
Comprising roll top bath with mixer tap and shower attachment, low level wc, wash hand basin, tiled walls, skylight

EPC rating: D. Tenure: Freehold, Mobile signal information: 5G is predicted to be available around your location from the following provider(s): EE, Three, O2, Vodafone. Please note that this predicted 5G coverage is for outdoors only.

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

£ 765825

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
    £ 23125
  • 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

£ 72075
  • 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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