3 bedroom detached bungalow for sale

£750,000

3

Bedrooms

1

Bathrooms

Floorplan

MERRILEAS, 32 DELLANDS, OVERTON, RG25 3LB
A well-appointed, three-bedroom detached bungalow with a good sized garden set in this peaceful area of the village. Featuring living room, dining room, kitchen, utility room, three bedrooms, bathroom and separate cloakroom, a double length garage, off road parking and attractive gardens front and rear. Situated within walking distance of the village centre with its comprehensive range of shops, cafs, pubs, restaurants, sports and recreation clubs. A frequent bus service operates to Basingstoke, Andover and Winchester whilst the mainline railway stations provide direct services to London Waterloo via Basingstoke and to the South West via Salisbury. The A303 is a short drive away connecting to London/M3, the West Country, the south coast and to the A34 for Oxford/the North.

THE ACCOMMODATION COMPRISES
Double glazed door to:

ENTRANCE LOBBY

ENTRANCE HALL Radiator, access to loft space.

SITTING ROOM About 1910' x 1111' A bright and spacious room with dual aspect double glazed windows, feature corner fireplace, radiator, glazed double doors to:

DINING ROOM About 121' x 1011' Double glazed doors to side access, radiator, archway to:

KITCHEN About 105 x 130' Solid wood shaker style wall and floor units, breakfast bar, stainless steel double bowl sink unit with chrome mixer tap, integrated hob and built in double oven, double glazed window.

UTILITY ROOM About 2411' max x 46' max Space and plumbing for washing machine, built in storage cupboard, door to rear garden.

CLOAKROOM About 710' x 311' Low level WC, wash hand basin.

BEDROOM ONE About 123' x 1011' Built in wardrobes, radiator, double glazed window to front aspect.

BEDROOM TWO About 11 x 11 Built in wardrobes, radiator, double glazed window to rear aspect.

BEDROOM THREE About 1010' x 10 Radiator, double glazed window to front aspect.

BATHROOM About 84' x 78' Panelled bath with hand held shower attachment, walk in shower cubicle, close coupled WC, pedestal wash hand basin, heated towel rail, double glazed window.

FRONT GARDEN Enclosed by stone wall, grassed area with mature shrubs and flower borders, path to front door. Paved driveway with five bar gate.

GARAGE About 3210' x 139 Up and over door, power and lighting, windows and door to rear.

REAR GARDEN Enclosed by hedging and fencing. Paved patio with steps down to lawn with stepping stones to pagoda seating area. Well stocked flower borders, greenhouse, vegetable plot.

SERVICES All main services, gas radiator central heating.

EPC RATING C

FREEHOLD

COUNCIL TAX We understand from the Valuation Office Agency that the property is in tax band E.

VIEWING Only by appointment with Parnell Jordy & Harvey, 5 Winchester Street, Overton, Basingstoke, RG25 3HR


FOLIO 20069 SC15525

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

£ 621450

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 18750
  • 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

£ 58950
  • 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

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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