4 bedroom detached bungalow for sale

£358,950

4

Bedrooms

2

Bathrooms

Floorplan

A stunning detached dormer bungalow which has been much improved by the current vendors including the soffits, facias, refurbishment throughout, new boiler, landscaped gardens. The property offers flexible accommodation with three/four bedrooms, open living space with lounge and dining areas, garden room conservatory with office off, a fitted kitchen and bathroom with four piece suite. The property occupies a corner position with ample parking and garaging and the rear garden is a particular feature of sale with beautifully maintained areas and is generously proportioned. EPC RATING E.

Detailed Accommodation -

Storm Porch - With composite entrance door accessing the reception hall.

Reception Hall - With radiator, metre cupboard and access to the main living space (with living room, dining areas, a conservatory, office and fitted kitchen off). From the hall there is access to the second reception room/bedroom four and refitted bathroom and storage cupboard.

Living Room - 8.76m x 3.07m (289 x 101) - This open living space runs the length of the property, with uPVC double glazed windows to front and rear, feature fireplace, three radiators, stairs accessing the first floor and doors accessing the conservatory and fitted kitchen.

Garden Room Conservatory - 2.46m x 3.63m (81 x 1111) - A brick built base and uPVC double glazed construction with pleasant views over the garden, double doors accessing the garden and door accessing the office space.

Office/Study - 2.44m x 1.85m (80 x 61) - With uPVC double glazed window.

Fitted Kitchen - 3.35m x 2.87m (110 x 95) - Has a single drainer, one and half bowl sink unit with mixer tap over, cupboards under, fitted units to the wall and base, wooden work surfaces, electric cooker point, space for tall standing fridge freezer, plumbing for washing machine and space for tumble dryer. Wall mounted gas fed boiler, uPVC double glazed windows to the side and rear with the rear overlooking the garden with access door leading to the garden.

Reception Room/Bedroom Four - 4.09m x 2.74m (135 x 90) - With uPVC double glazed window, radiator. This room could lend itself to a number of uses and is currently used as a sitting/TV room but could also service as an additional bedroom if required.

Refitted Bathroom - Being refitted with modern white four piece suite comprising panelled bath, walk in shower cubicle, low level w.c and vanity unit surmounted by a wash hand basin, tiled walls, radiator and uPVC double glazed opaque window.

First Floor Landing - Accesses 3 bedrooms (two of which are well proportioned doubles)

Washroom/Wc - With white two piece suite.

Bedroom One - 3.51m x 3.07m max 2.69m (not including dressing ar - With uPVC double glazed window overlooking garden, radiator, dressing area with fitted wardrobes.

Bedroom Two - 3.43m x 3.18m (min measurements) (113' x 105' (m - uPVC double glazed window overlooking garden, radiator.

Bedroom Three - 3.89m x 1.96m (some restricted head height) (129' - With uPVC double glazed window, radiator.

Outside - The position and plot are particular feature of sale. The corner plot has a frontage with block paved driveway and tarmacadam driveway which in turn leads to the garaging and low maintenance garden area. The rear garden is another particular feature, generously proportioned and laid to lawn with plants and shrubs to the borders, there is a patio area to the rear of the property and gravelled seating space to the side of the garden room. Timber built summer house and shed, personal access gate to the garage and driveway.

Garage - 6.15m x 2.90m (202 x 96) - Up and over door, electric light and power, windows to the rear.

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

£ 298833.75

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
    £ 8973.75
  • 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

£ 29621.25
  • 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

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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

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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