3 bedroom detached bungalow for sale

£335,000

3

Bedrooms

2

Bathrooms

Floorplan

This individually designed and built detached property offers excellent potential with a super plot and mature private gardens. Internally the accommodation offers flexibility with a reception hall, downstairs cloaks/wc, reception room/bedroom three separate dining room, conservatory garden room, kitchen, downstairs bathroom. In addition there are two first floor double bedrooms with bedroom one having an en-suite shower. To the front of the property there is a driveway providing ample off road parking which in turn accesses the garage. The property is ideally located with ease of access to the village centre/amenities and train station.

Detailed Accomodation - uPVC double glazed entrance door through to the reception hall.

Reception Hall - Narrow wood strip flooring, dog legged open staircase accessing the first floor, doors accesing the downstairs cloaks/wc, bathroom, living room, reception room 2/bedroom, dining room.

Downstairs Cloaks/Wc - Fitted with a low flush wc and wash hand basin.

Living Room - 4.85m x 3.63m (not including bay window) (1511 x - uPVC double glazed bay window overlooking the garden, radiator, a feature fireplace, door accessing the conservatory/sunroom.

Conservatory/Sunroom - 6.43m x 3.68m (211 x 121) - This room enjoys views and access over the mature garden, two radiators, double doors accessing the dining room, sliding doors accessing the kitchen.

Dining Room - 4.06m x 3.02m (134 x 911) - There is a corner area with worksurface and storage cupboards, radiator, door accessing the reception hall and kitchen.

Kitchen - 4.06m x 2.44m (134 x 80) - The kitchen has a one and a half bowl single drainer sink unit, units to the wall and base, plumbing for the washing machine and dishwasher, electric cooker point, uPVC double glazed window and door, radiator, door accessing the garage.

Garage - 5.05m x 2.49m (167 x 82) - Window, up and over door, electric light and power.

Reception Room 2/Bedroom - 3.68m x 3.18m (not including bay window) (121 x 1 - uPVC double glazed bay window, radiator, fitted wardrobe/cupboards. This room is currently used as a downstairs bedroom but could lend itself to an additional reception room.

Bathroom - Fitted with a cast iron bath with shower over, low flush wc, wash hand basin, radiator, uPVC double glazed opaque glass window.

First Floor - On the first floor landing gives way to two double bedrooms, one of which has an en-suite shower. Airing cupboard housing a combination baxi gas boiler, radiator.

Bedroom One - 3.33m x 2.82m (not including dressing area and en- - uPVC double glazed windows to two elevations, radiator, fitted wardrobe/cupboards, dressing area, door accessing en-suite shower room.

En-Suite Shower Room - Walk-in shower cubicle, wash hand basin, low flush wc.

Bedroom Two - 3.20m x 3.66m (not including dressing area) (106 - uPVC double glazed windows to two elevations, radiator, dressing area, door accessing eaves storage.

Outside - The plot is a particular feature of sale with the front having a block paved driveway providing off road parking, lawned gardens, plants and shrubs, brick walled front boundary with gated access.

The rear garden is mature and offers privacy, it is generously proportioned with a slabbed patio area to the rear of the property and a pathway leading to the rear via lawned and shaped areas. There is a variety of mature plants shrubs and trees, there is a greenhouse and timber built shed, there is a sectional garage providing storage.

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

£ 279075

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
    £ 8375
  • 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

£ 27825
  • 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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  %
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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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