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89 High Street, SA4 4BL
£180,000
Bedrooms
Bathrooms
Reception
2-bedroom bungalow with great potential in a popular Gorseinon location.
Offered with no ongoing chain, this spacious bungalow offers an excellent opportunity for buyers looking to modernise and make it their own. The property features a good-sized lounge, kitchen, shower room, two bedrooms, and a conservatory overlooking the rear garden. Externally, there's a driveway with carport, low-maintenance frontage, and a generous rear garden with patio, lawn, and a brick-built shed. Ideally located close to local amenities and transport links.
Front -
Driveway with carport leads to stonechipped frontage and patio area. Doors to kitchen and entrance hallway, gate to side access and double glazed door to side
Entrance Hallway -
Doors to kitchen, lounge, storage with shelving and hanging rail, bathroom and 2 bedrooms
Kitchen - 2.853 x 2.405
Double glazed window and door, door to storage and door to airing cupboard. Fitted with a range of wall and base units with roll top work surfaces over incorporating a stainless steel sink unit with drainer amd mixer tap over, tiled walls. Space for oven and washing machine
Lounge - 6.453 x 3.181 max into alcove
Double glazed bow window to the front and double glazed window to the side, two radiators, coving to ceiling and gas fire with surround. Two alcoves
Bathroom -
Double glazed window, heated towel rail, tiled flooring, tiled walls and coving to ceiling. Fitted with a low level flush W.C., pedestal wash hand basin and double shower cubicle with electric shower
Bedroom 1 - 3.942 x 2.942
Double glazed window, radiator and fitted wardrobe
Bedroom 2 - 3.003 x 2.713
Double glazed doors to conservatory, radiator and coving to ceiling
Conservatory -
Double glazed windows and door to rear garden, tiled flooring and radiator
Rear Garden -
Patio area with gate to side access leading to the front. Brick built shed, two lawned areas and doors to rear of garage and driveway
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.
89 High Street, SA4 4BL
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