3 bedroom detached bungalow for sale

£299,950

3

Bedrooms

2

Bathrooms

Floorplan

Located within striking distance of the town centre and its newly regenerated market place this three bedroom detached bungalow stands on a generously proportioned plot and offers accommodation which in brief comprises: open reception hall, living room, separate dining room, breakfast kitchen, three bedrooms with a WC to bedroom three, and a family bathroom. Outside there are gardens to the front, side and rear and a driveway accessing garage and workshop. Offered with no upward chain. EPC TBC.

uPVC double glazed entrance door with adjacent window through to the entrance porch.

Entrance Porch - The entrance porch has cloaks hanging space and further uPVC double glazed door through to the reception hall.

Reception Hall - The reception hall offers a pleasant open welcome to the property with doors accessing the living room, separate dining room, breakfast kitchen, three bedrooms and shower room. There are two radiators and loft access hatch with pull down ladder leading to a boarded loft. Airing cupboard and further storage cupboard.

Living Room - 4.62m x 3.89m (152' x 129' ) - (To the side of chimney breast)

uPVC double glazed bow window to the front elevation, radiator and a fireplace with brick surround, wooden hearth and over mantel.

Dining Room - 3.73m x 3.43m (123' x 113') - (To the side of chimney breast)

uPVC double glazed window to the front elevation, radiator, feature fireplace with marble hearth, matching back, decorative wooden sides and over mantel and an inset open fire.

Breakfast Kitchen - 3.71m x 3.38m (122' x 111') - The kitchen is fitted with a one and a half bowl single drainer stainless steel sink unit with mixer tap over and cupboards under, range of fitted units to the wall and base, roll edge work surface and tiled surround, electric hob with extractor canopy hood over, double eye level oven and grill. Plumbing for washing machine, plumbing for a slimline dishwasher, space for a tall standing fridge freezer and uPVC double glazed window to the rear elevation overlooking the garden. There is a serving hatch through to the dining room. There is a door from the kitchen accessing a side porch.

Side Porch - The side porch has uPVC double glazed door to the garden, uPVC double glazed window to the side elevation and electric power points.

Bedroom One - 3.63m x 3.30m (1111' x 1010') - (To the front of wardrobes / cupboards)

uPVC double glazed window to the rear elevation, radiator and a range of fitted wardrobes / cupboards and a chest of drawers.

Bedroom Two - 3.89m x 3.18m (129' x 105') - (Including wardrobes / cupboards)

uPVC double glazed window to the front elevation, radiator, fitted wardrobe / cupboards with overhead storage and dressing table / desk with shelving.

Bedroom Three - 2.84m x 2.64m (94' x 88') - uPVC double glazed window to the rear elevation overlooking the garden, radiator and sliding door accessing a WC.

W.C - The WC has a low flush white WC and corner wash hand basin.

Shower Room - The shower room is fitted with a full width shower cubicle with tiled surround and double door access, vanity unit surmounted by a wash hand basin with chrome mixer tap over and cupboards under, low flush WC with push button flush, radiator and uPVC double glazed opaque glass window to the rear elevation.

Outside - The property occupies a wide plot with walled front boundary and gated access to the front garden and entrance door, driveway accessing the garage. The front garden is of low maintenance with slabbed and gravelled areas, access to both sides of the property.

The rear garden is a particular feature of sale being generously proportioned with a slabbed patio area to the rear of the bungalow and a garden laid mainly to lawn beyond. There is a pathway leading to a greenhouse and there are planting borders with a variety of plants and shrubs.

To the side of the bungalow there is a timber built workshop and personal access door leading to the garage.

Workshop - 4.14m x 2.77m (137' x 91') - With electric light and power and windows to the side elevation.

Garage - 5.18m x 3.33m (17 x 1011') - With an electric remotely operated door, personal access door and window to the rear elevation.

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

£ 250158.75

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 7498.75
  • 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

£ 25196.25
  • 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

Adjust these figures

  %
  %
£
  %

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

Adjust these figures

  %

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.

Notes

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