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£380,000
Bedrooms
Bathrooms
Detached bungalow with brick faced elevations under a tiled roof being situated in a sought after location. The accommodation currently provides hall, study, sitting room, conservatory, kitchen/diner, three bedrooms and bathroom. Outside, to the front of the bungalow there is a brick paviour driveway offering parking that in turn leads to the garage with the front garden having a gravelled area. The rear garden has patio, lawn, various mature shrubs, a useful covered area and side gated pedestrian access. An internal viewing is recommended to appreciate this home and the lovely countryside views to the rear. The village of Shrewton offers a local range of amenities to include a mini supermarket, doctors surgery, schools, petrol station and access to the nearby A303 road network.
Details:
Front door to:
Hall
Opening to the study.
Cloakroom
With wash hand basin, W.C., window.
Study
9 (2.74m) x 87' (2.61m)
Radiator, window to the rear elevation, wall mounted cupboards.
Sitting Room
155' (4.69m) x 1110' (3.61m)
Radiator, French doors to the conservatory.
Conservatory
124' (3.75m) x 114' (3.45m)
With windows having far reaching views to the rear, French doors to the rear garden.
Kitchen/diner
168' (5.08m) x 95' (2.86m)
Fitted with a range of base and wall units with preparation work surfaces over, one and a half bowl stainless steel sink unit, plumbing for washing machine and dishwasher, window to the rear elevation, radiator, door to the side of the bungalow.
Inner Hall
Airing cupboard, hatch to loft space.
Bedroom One
1110' (3.61m) x 106' (3.20m)
Window to the front elevation, radiator.
Bedroom Two
86' (2.59m) x 77' (2.31m)
Window to the front elevation, built-in shelving, radiator.
Bedroom Three
86' (2.59m) x 69' (2.06m)
Window to the side elevation, radiator.
Bathroom
Comprising of shaped bath with twin head shower over and shower screen, vanity style unit with inset wash hand basin, W.C., window, ladder rack radiator.
Outside
To the front of the property there is parking with access to the garage. Gated side access to the rear garden which has lawn, mature shrubs, patio area, a very useful covered area and external oil fired boiler.
Garage
With up and over door.
Agents Note
Tenure: Freehold
Council Tax: Band D
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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