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£410,000
Bedrooms
Bathrooms
A RARE GEM OF A BUNGALOW!
This outstanding three bedroom detached bungalow is the perfect place to settle down in style! Ideally located on an exclusive PRIVATE ROAD within a select development of just seven executive homes, built in 2015. Nestled in the heart of the HIGHLY DESIRABLE and well-connected village of Long Bennington, with a fantastic range of local amenities and excellent access to the A1, as well as nearby Newark and Grantham.
This stylish and contemporary home offers excellent kerb appeal and a spacious, free-flowing layout, beautifully presented to a high standard throughout. The accommodation comprises: a welcoming entrance hallway, a generouslounge, a versatile second reception room or third double bedroom, a sleek and modern bathroom, and a FABULOUS OPEN-PLAN DINING KITCHEN complete with integrated appliances. There are two further DOUBLE bedrooms, with the master offering a stylish en-suite shower room.
Step outside to discover a private, low-maintenance rear gardenperfect for relaxing or entertaining. The garden also provides access to the detached single garage. To the side, theres a block-paved driveway with parking for multiple vehicles, plus a SINGLE GARAGE with power and lighting. Additional features include uPVC double glazing, gas central heating, a full alarm system, and a strong energy efficiency rating (EPC: B).
This modern, versatile and high-spec bungalow is one you wont want to miss - an early viewing is essential!
EPC rating: B. Tenure: Freehold, Service charge description: per annum - upkeep common parts,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 )
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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