3 bedroom bungalow for sale

£375,000

3

Bedrooms

2

Bathrooms

Floorplan

Welcome to this charming semi-detached bungalow thats up for grabs! In a condition thats neutrally decorated, this delightful abode is comfortably nestled amidst green spaces with scenic walking routes, and a strong local community thats just perfect for families and couples seeking a tranquil lifestyle.

The property boasts three cosy reception rooms, offering ample space for relaxation or entertaining guests. An inviting fireplace in one of the rooms adds a touch of warmth and elegance. The open-plan layout enhances the sense of space, making every corner of the house breathable and comfortable.

The house features a practical and well-equipped kitchen, perfect for whipping up delicious meals. With three comforting bedrooms and two pristine bathrooms, this house truly caters to all your needs. The bedrooms offer a tranquil haven to unwind after a long day, while the bathrooms add a touch of luxury to everyday routines.

One of the most enticing features of this property is its unique outdoor space. The beautiful garden offers a serene spot to relax and soak in the beautiful view that surrounds this property. Not to mention, the added convenience of a garage and additional parking space is a significant plus.

The propertys EPC rating is E, and it falls within the council tax band C. If you seek a home that combines comfort, convenience, and charm, then this property is perfect for you. Whether youre a family seeking a peaceful retreat or a couple looking for a cosy nest, this bungalow could be your dream home. The property is on the market awaiting its new owners. Will that be you?

EPC rating: E. Tenure: 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

£ 312075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 9375
  • 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

£ 30825
  • 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

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