3 bedroom detached for sale

£425,000

3

Bedrooms

1

Bathrooms

2

Reception

Floorplan


Discover coastal living at its finest in this stunning three bedroom detached chalet-style bungalow. Nestled in an elevated and serene location, this charming home boasts a lounge, separate dining room, and a well-equipped kitchen on the ground floor, along with a spacious conservatory, two bedrooms and a convenient utility room with WC. Upstairs, there is a large double bedroom , accompanied by an en-suite shower room. This principal bedroom, has the wow factor featuring a balcony that offers breath-taking sea and coastal views. Externally, a drive provides off-street parking for several vehicles together with a large garage/workshop. To the rear is a generous established garden. This unique property is offered with no onward chain.

Ground Floor
Step into this delightful bungalow and be greeted by an inviting and spacious entrance hall that sets the tone for the warmth and comfort that awaits. As you explore further, youll find a cozy lounge at the rear of the bungalow, offering a perfect vantage point to enjoy the view of the rear garden. Just next door is a separate dining room also with views over the garden. The modern fitted kitchen and bathroom add a touch of contemporary convenience, while the highlight of the home a generously sized conservatory invites you to bask in sunlight while embracing the outdoors from within. And thats not all also to the rear theres a handy utility room complete with its own WC.
First Floor
Venturing to the first floor, youll discover a spacious bedroom thats not only brimming with built-in storage, but also boasts a touch of magic a set of French doors that swing open to reveal a quaint balcony. This balcony becomes your gateway to soak in the breath-taking sea and coastal views, providing a truly enchanting escape right at your doorstep. And to round off this upper level, theres a convenient shower room complete with a wash hand basin and a WC.
Outside
Externally to the front, there are two tarmac drives providing plenty of off-street parking and a large garage workshop with electric roller door and mezzanine storage. To the rear is a good sized, established garden with winding paved and gravel walkways, mature trees and shrubs.
Entrance Hall
Lounge
13 4 x 11 7 (4.06m x 3.53m)
Dining Room
13 4 x 11 6 (4.06m x 3.50m)
Kitchen
11 10 x 10 10 (3.60m x 3.30m)
Conservatory
15 11 x 9 9 (4.85m x 2.97m)
Utility/WC
6 0 x 5 6 (1.83m x 1.68m)
Bedroom 2
12 7 x 11 7 (3.83m x 3.53m)
Bedroom 3
10 6 x 5 0 (3.20m x 1.52m)
Principal Bedroom
18 5 max x 16 1 (5.61m x 4.90m)
En-Suite Shower Room
Garage Workshop
24 0 x 8 4 (7.31m x 2.54m)

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

£ 353325

Mortgage Loan to Value

%

Gross Yield

%

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
    £ 10625
  • 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

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£

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

£ 34575
  • 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.

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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.

Notes

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