4 bedroom detached bungalow for sale

£300,000 Offers in excess of

4

Bedrooms

An excellent opportunity to purchase this EXTENDED and IMMACULATELY PRESENTED, SOUTH FACING, FOUR bedroom bow fronted DETACHED BUNGALOW. A very desirable location on a QUIET and PLEASANT CUL DE SAC within Blurton. Close to LOCAL AMENITIES, SHOPS, SCHOOLS along with offering EXCELLENT COMMUTER LINKS VIA A50. This SPACIOUS FAMILY HOME briefly comprises of:- Porch, entrance hall, lounge, SUPERB and MODERN kitchen diner, family bathroom, four generous bedrooms (one with en-suite). Externally:- Off road parking to the front, private and enclosed landscaped rear garden. Viewings would be required to appreciate exactly what this magnificent home can offer you.

Porch 1.40m (4 7) x 1.60m (5 3) max
Enter the property via the composite front door into the porch. UPVC leaded window to the front aspect. Parquet floor covering.

Hall
Parquet floor covering and radiator. Storage cupboard housing the gas combi boiler.

Lounge 3.93m (12 11) x 4.22m (13 10)
UPVC bow window to the front aspect ensuring good natural light into this spacious lounge. Radiator and parquet floor covering.

Family Bathroom 1.78m (5 10) x 2.12m (6 11)
White panelled bath with dual head shower above and side screen. Fixed vanity unit with inset wash/hand basin along with a low level WC. Tiled walls and ladder style towel heater. UPVC window with frosted glazing to the side aspect. Luxury Vinyl tile floor covering. Access from here to the insulated loft space.

Kitchen Diner 2.71m (8 11) x 7.40m (24 3)
Superb grey fitted kitchen with wood effect work surface over, including breakfast bar. Integrated fridge/freezer, double electric ovens, four ring ceramic hob with extractor fan above. Plumbing for a washing machine and a dishwasher, cream ceramic one and a half bowl sink. Large radiator, luxury vinyl tile floor covering. The fixed corner seating area is a particular asset. Four UPVC windows give excellent natural light along with the glazed UPVC exit door to the rear garden.

Master Bedroom 4.00m (13 1) x 4.21m (13 10)
Well designed bedroom with UPVC French doors and side windows to the rear garden. Dressing room as an added bonus. Radiator and luxury vinyl tile floor covering.

En-Suite 1.68m (5 6) x 2.42m (7 11)
Large tiled walk in shower, Fixed vanity unit and close coupled WC. Ladder style towel heater and luxury vinyl tile floor covering. UPVC window with frosted glazing to the rear aspect.

Inner Hall
Radiator and luxury vinyl tile floor covering.

Bedroom 2 2.36m (7 9) x 3.46m (11 4)
UPVC leaded window to the front aspect. Radiator and luxury vinyl floor tile covering. Access from here to the second insulated loft space.

Bedroom 3 3.32m (10 11) x 2.41m (7 11)
UPVC leaded window to the front aspect. Radiator and carpet.

Bedroom 4 2.30m (7 7) x 4.27m (14 0)
UPV window to the rear aspect. Radiator and carpet.

Rear Garden
Landscaped, private and enclosed tiered rear garden. Patio laid with grey porcelain tiles and astro turf for low maintenance. Flower borders and steps down to lower tier currently used for childrens play area. External tap to the gated side access of the property.

Off Road Parking
Block paved front garden and driveway for off road parking.

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

£ 250200

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
    £ 7500
  • 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

£ 25200
  • 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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