3 bedroom detached bungalow for sale

£430,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

GUIDE PRICE 430,000 to 440,000

This exceptional three-bedroom detached bungalow occupies a spacious plot and offers a secluded haven away from the road and neighbouring properties. The current owners have lovingly refurbished and redecorated the property to a high specification. If you value privacy, enjoy gardens, and prefer to be within walking distance of the vibrant town centre and seafront, we highly recommend scheduling a viewing.

The accommodation includes a generous entrance hall, an elegant lounge with a view of the picturesque gardens, three well-proportioned bedrooms, a modern and stylish fitted bathroom and ensuite, and a fabulous newly equipped kitchen. Additionally, there is ample parking and a double-length garage.





Hall - Double Glazed door connecting into the hallway, Laminate flooring, glass doors to the kitchen and lounge, panelled doors to the remainder, airing cupboard and access to the loft, and Radiaitor.Coving to flat plastered ceiling.

Lounge - 5.31m x 3.89m (175 x 129) - Double Glazed Patio doors opening out onto the garden, Radiator, mock feature electric fireplace, ample space if needed for dining room table and chairs. Coving to flat plastered ceiling.



Kitchen - 4.37m x 2.64m (144 x 88) - A newly fitted kitchen with gloss white units and draws at base level with space for domestic appliances and plumbing for washing machine, Double Glazed UPVC bay Window to the front elevation, Radiator. Rolled-edged work surfaces over with inset stainless steel sink and four-ring gas hob, waist height double oven, Attractive grey tiling to the splash backs and matching units at eye level with extractor and coving to flat plastered ceiling.



Bedroom One - 3.89m x 3.76m (129 x 124) - A spacious main bedroom with newly fitted wardrobes and draw units across one wall Radiator, Double Glazed UPVC Window to the rear elevation. Coving to flat plastered ceiling.



En-Suite - Double Glazed window to the side, Newly installed suite with Low-Level WC, Small vanity unit with inset wash hand basin and tiled shower cubicle. Tiling to the sink splash backs and floor.

Bedroom Two - 4.29m x 2.84m (141 x 94) - Radiator, Double Glazed UPVC Window to the front, Coving to flat plastered ceiling.

Bedroom Three - 3.07m x 2.24m (101 x 74) - Radiator, Double Glazed UPVC Window to the front and smaller high level one to the side Coving to flat plastered ceiling.

Bathroom - Double Glazed obscure window to the side Coving to flat plastered ceiling. A Three Piece newly installed white suite comprising a Low-Level Push flush WC, a Panelled bath with shower and vanity unit with an inset wash hand basin, Tiling to the floors, and splash back areas. Inset Spotlights

Front - Ample parking to the front with a lockable gate providing access to a very good size secluded front garden with a pathway to the front door with an array of shrubbery to the boundaries retaining lawned gardens



Rear - 21.34mft (70ft ) - South facing, completely secluded with a spacious patio and front access. The garden features lawns, an extensive variety of flowers and shrubbery, and a pathway leading to two sheds and a greenhouse at the back.





Garage - 9.14mft (30ft) - Up and Over door and further doors connect to the garden. With power and electric and with a door connecting to the garden.



Local AuthorityCastle Point
Local authority reference number0294951
Council Tax bandC

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

£ 357450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

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
    £ 10750
  • 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

£ 34950
  • 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

£

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

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