3 bedroom bungalow for sale

£1,250,000

3

Bedrooms

2

Bathrooms

Floorplan

A superb property set on a fantastic plot, offering generous and versatile living space with exciting potential for further improvement or development a rare opportunity. EPC C

This property occupies one of the widest plots in the area, set well back from the road with an in-and-out driveway, giving it real presence. From the outset, the scope of the plot is clear - complemented by a detached double garage to the side all within a quiet, highly sought-after residential area.

The accommodation is extensive and versatile. A superb sitting room, drenched in natural light, features a large picture window at one end and glazed sliding doors at the other, framing a beautiful outlook over the private, enclosed garden. Leading off are two further reception rooms, currently arranged as a comfortable snug and a study.

At the heart of the home is the kitchen/dining room a generous, light-filled space with dual-aspect windows overlooking the gardens, plenty of storage plus a separate utility space leading off, and direct access to the rear.

The entrance hall itself is bright and welcoming, connecting the living accommodation on one side with the sleeping accommodation on the other. Here youll find three bedrooms two excellent doubles along with a large family bathroom and an additional shower room.

Outside, the detached triple garage with inspection pit (tandem double and single) is particularly impressive, extending to almost 30 at its longest point.

To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers and sellers. We use the services of a third party, Coadjute, who will contact you directly to do this. They will need the full name, current address, telephone number, and email address of all buyers. There is a nominal charge of 45 for this per person, payable direct to Coadjute. Please note, we are unable to issue a memorandum of sale until the checks are complete.
The gardens are a standout feature: the front offers a neat lawn bordered by hedging and a gravel in-and-out driveway, while the rear is a wide, secluded expanse of lawn with beautifully stocked beds and borders, a terrace, and a private seating area - a true oasis of peace and tranquillity.

The property offers superb scope for improvement and development, with nearby homes commanding values well in excess of the current guide price. Equally appealing as a downsize or family home, it presents a hugely exciting opportunity in an area that has enjoyed strong and sustained price growth in recent years.

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

£ 1037700

Mortgage Loan to Value

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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

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 31250
  • 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

£ 100200
  • 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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