4 bedroom detached bungalow for sale

£625,000

4

Bedrooms

2

Bathrooms

Floorplan

Occupying a generous plot this detached bungalow offers flexible accommodation situated in the village of Wanlip. The accommodation comprises porch, entrance lobby, kitchen, 33ft lounge/dining room, utility, conservatory, shower room, inner hallway, living room, four double bedrooms and bathroom. Outside the gardens are a particular feature of sale; to the front there is an in and out driveway providing ample parking, double garage and a fantastic large mature rear garden. EPC RATING D.

Ground Floor -

Porch - 1.91m x 1.04m (63 x 35) - Entered through a uPVC front door, uPVC double glazed windows to either side, tiled floor and access to the hallway.

Entrance Hall - 3.96m x 3.73m (13 x 123) - Accessing utility room, shower room, lounge/diner, kitchen and inner hallway. Solid wood flooring, coving, storage cupboard, ceiling rose and wall lighting.

Lounge/Dining Room - 4.83m x 10.34m (1510 x 3311) - Comprises coving, two ceiling roses, radiator, wall lighting, stone fire place with tiled hearth, electric log burner. Also enjoying dual aspect with uPVC double glazed windows to the side and rear elevation, accessing the conservatory.

Kitchen - 3.71m x 3.81m (122 x 126) - Comprising a range of wall and base units, range master oven, extractor fan above, built in dishwasher, sliding windows into the conservatory, one and a half sink and drainer unit and tiled flooring.

Conservatory - 6.53m x 3.12m (215 x 103 ) - Timber effect laminate flooring, French doors accessing the garden, uPVC double glazed windows and electric heater. Radiator.

Utility Room - 3.35m x 3.02m (2.31m) (11 x 911 (77)) - Comprising a range of wall and base unit, rolled edge worktops, ceramic sink and drainer unit, swan mixer tap, space and plumbing for appliances. Tiled flooring, uPVC double glazed windows to the side and uPVC double glazed door accessing outside. Tiled splashback, radiator, storage cupboard and access to the double garage.

Shower Room - 3.05m x 1.65m (10 x 55) - Enjoying a four piece suite, bidet, low level flush wc, corner thermostatic shower above, vanity wash hand basin, partly tiled walls, built in cupboards, radiator, uPVC double glazed opaque windows to the side.

Inner Lobby - Access to the loft hatch, coving, wall lighting, accessing all bedrooms and bathroom.

Bedroom One - 3.63m x 4.34m (to wardrobes) (1111 x 143 (to war - uPVC double glazed window to the rear, wall lighting, coving, timber effect laminate flooring, built in wardrobes and bed side tables.

Bedroom Two - 3.63m x 3.33m (1111 x 1011) - uPVC double glazed window to front, radiator, wall lights, pendant light and built in wardrobes.

Bedroom Three - 3.76m (to wardrobes) x 3.33m (124 (to wardrobes) - uPVC double glazed window to front, radiator, pendant light, built in wardrobes and wall lighting.

Bedroom Four - 3.02m x 3.63m (911 x 1111) - Pendant light, patio door into the conservatory, radiator.

Bathroom - 2.41m x 2.24m (711 x 74) - Four piece suite, corner thermostatic shower, vanity wash hand basin, push button wc, panelled bath, chrome heated towel rail, wall mounted cupboards, tiled walls and flooring, uPVC double glazed opaque windows to the side elevation.

Outside -

Private Rear Garden - Having an extensive paved patio with raised seating pergola area extending down both sides of the property along with gated access and water point to one side and double gated access to the other providing further off road parking. There is a pond with surrounding rockery, stone shingling and mature shrubs. The expansive lawn boasts mature trees with two timber sheds, summerhouse, stone shingling borders with mature shrubs and trees all surrounded by timber board fencing and very mature trees to the rear boundary.

Front - Having an in-and-out driveway with dwarf brick walls approach with lighting and planted mature shrubs and trees which in turn offers extensive off road parking for multiple vehicles and access to the double garage. There is also a lawn area with block paved pathway to the front door and timber board fencing boundaries.

Double Garage - 4.88m x 5.11m (16 x 169) - uPVC double glazed windows to either side, up and over door, light and power.

Map location is not available for this property.

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

£ 518325

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
    £ 15625
  • 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

£ 49575
  • 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

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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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