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£425,000
Bedrooms
Bathrooms
'' OFFERED WITH NO UPWARD CHAIN '' This THREE BEDROOM DETACHED DORMER BUNGALOW comes to the market offering FIELDS VIEWS to rear and is situated within a popular position within the sought after village of Ibstock. In brief the property enjoys a open entrance hall which in turn gives way to the five piece bathroom suite, kitchen/breakfast Room, lounge, dining room and double bedroom with stairs rising to the first floor with two further double bedrooms and shower room respectively. Externally, the property offers ample off road parking to the front with double integral garage and low maintenance garden to rear with wonderful field views. EPC RATING C.
Ground Floor -
Entrance Porch - Entered through a timber front door with inset opaque single glazed panel and comprising inset footwell, coving and granting access to the ground floor accommodation and garage.
Entrance Hall - Comprising coving, ceiling rose, uPVC double glazed window to side and stairs rising to the first floor.
Double Bedroom - 3.81m x 3.96m (126' x 130') - Having coving and uPVC double glazed window to front.
Bathroom - 3.81m x 1.73m (126' x 58') - This five piece suite comprises a panelled bath, pedestal wash hand basin, bidet, low level wc and shower enclosure which in turn enjoys a thermostatic mixer shower tap. Other benefits include an extractor fan, herringbone effect vinyl flooring, opaque uPVC double glazed window to side and ceramic tiling to walls.
Dining Room - 3.15m x 3.66m (104' x 12') - Having uPVC double glazed window to rear, coving and ceiling rose.
Kitchen/Diner - 3.81m (min 2.62m) x 5.61m (126' (min 87') x 185 - Inclusive of a range of wall and base units with tolled edge work surfaces, sink and drainer unit, four ring electric hob with extractor hood over, electric oven/grill, tiling to splash prone areas, ceramic tiled flooring and integrated fridge and benefitting from uPVC double glazed window to rear. The kitchen also comprises a gas fired central heating boiler, coving and uPVC door accessing the private rear garden.
Lounge - 3.66m x 4.80m (120' x 159') - Enjoying coving, ceiling rose, uPVC double glazed patio doors accessing the private rear garden and Adam style fireplace with gas inset living flame fire with tiled hearth and brick surround.
First Floor -
Landing - Stairs rising to the first floor landing gives way to the shower room and two double bedrooms respectively and comprises a loft hatch, timber framed sky light to side and two separate access into eaves storage.
Shower Room - 1.75m x 1.93m (59' x 64') - This three piece suite comprises a low level w.c, wall mounted wash hand basin, shower enclosure with mixer tap, tiling to splash prone areas and a timber framed Velux window to side.
Double Bedroom - 3.73m x 4.34m (narrowing to 3.18m) (123' x 143' - Having double fitted storage cupboard and uPVC double glazed window to front.
Double Bedroom - 3.78m x 4.47m (narrowing to 3.25m) (125' x 148' - Enjoying two double fitted storage cupboards along with inset drawers and a further dressing area comprising an inset sink unit whilst also featuring a uPVC double glazed window to rear enjoying field views.
Outside -
Private Rear Garden - A paved patio area facilitated by side gated access and water point descends to a well maintained lawn hosting a range of mature shrubs and hedges whilst featuring field views.
Front - A double tarmacadamed driveway offers off road parking for multiple vehicles and sits adjacent to an area of lawn whilst granting access to the front door via a paved walkway with block edging. The driveway also provides access to the double integral garage.
Double Garage - 4.37m x 5.00m (144' x 165') - Having light, power and up-and-over entrance door.
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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