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£220,000 OIRO
Bedrooms
Bathrooms
DO NOT MISS OUT!!!! Detached bungalows on the ever popular Victoria Dock very rarely become available and we don't expect we will have this one for long, so please register your interest early to avoid disappointment.
Immaculately maintained and presented throughout, the property is in pristine, move in condition, sits on a sizeable plot with driveway parking for two vehicles with potential for further parking to the side elevation. Entrance hallway, two double bedrooms, house bathroom, kitchen, lounge and a conservatory with ample storage available! Intruder Alarm system. Low maintenance fore and rear gardens, there is no box this perfect home does not tick!
Situated in a choice Cul de Sac position on the south-west side of the popular Victoria Dock, just off Pilots Way within walking distance of promenade walks along the stunning riverside. Well served by many local amenities including a well stocked convenience store and pharmacy, the property also benefits from excellent road and transport links into the city centre and main arterial routes in and out of the city..
External Approach
Set in a block paved cul de sac, the bungalow sits back from the roadside with a shingled fore garden and paved pathway to the front door. Paved parking for two vehicles to the side of the plot.
Upvc facias and soffits keep the bungalow extremely low on maintenance.
Entrance Hallway
Welcome! Accessed via a smart, composite, grey front door with glazed panels, the hallway is a bright, light and welcoming space.
Presented in natural tones with dado rail detail throughout, the hallway has oak effect laminate flooring, a useful airing cupboard, loft access hatch and a radiator. All rooms with the exception of the conservatory lead from the hallway.
Lounge
12 2 x 11 6 (3.72m x 3.53m) A well proportioned, cosy, rear facing room, naturally light with sliding, double glazed doors leading to the conservatory.
Oak effect laminate flooring, radiator, decorative ceiling rose and coved. A sleek, composite mantelpiece serves as an elegant focal point to the room with a brushed steel/pebble electric, flame effect fire inset.
Kitchen
8 2 x 7 1 (2.5m x 2.17m) Fitted with an excellent arrangement of wall, base and drawer units in a gloss, timber effect white door with a contrasting, star galaxy effect, laminate worktops and upstands Integrated under counter fridge and separate freezer, brushed steel electric fan oven and counter sunk, four ring gas hob with a decorative poppy, tube line, ceramic feature to splash back area. Space for an automatic washing machine and tumble dryer or further free standing appliance with a breakfast bar seating area. A composite sink and moulded drainer with mono bloc mixer tap sit below a side facing, double glazed window. Birch effect laminate flooring, Extractor fan and radiator.
Bedroom One
16 1 x 13 1 (4.91m x 3.99m) A generous, rear facing double room with an excellent arrangement of mirror fronted wardrobes providing ample storage. Carpeted in neutral tones. A rear facing, double glazed window offers views across the rear garden. Radiator.
Bedroom Two
12 3 x 7 5 (3.74m x 2.27m) A front facing, double room with integral double wardrobe storage. Timber effect laminate flooring. Front facing, double glazed window, radiator.
Bathroom
7 1 x 6 1 (2.18m x 1.86m) Comprising a three piece, white suite with low level WC and push button flush, basin and pedestal with monobloc mixer tap and a panelled bath with Qtr. turn taps, electric shower over and glazed pivot shower screen. Modern timber effect linoleum flooring, fully tiled in satin ceramics with azure blue glass motif detail. Mirrored wall cabinet, front facing modesty and double glazed window, radiator and extractor fan.
Conservatory
9 10 x 7 2 (3m x 2.2m) Of full glass pane construction, the conservatory gives an all round view of the lovely outdoor space to the rear of the property. Exposed brick to the rear elevation wall with sliding, double glazed doors leading onto the rear garden, timber effect laminate flooring and polycarbonate roof.
Rear Garden
A generous plot with relaxation in mind, the garden has been designed to offer full enjoyment of the space without the maintenance. Shingled to the border areas and paved centrally with a feature planted area in the centre. Timber shed and galvanised shed to the rear of the plot. Fenced to all sides with access to the front elevation via a timber side gate.
Material Information
Council Tax Band :C
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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