4 bedroom detached bungalow for sale

£750,000

4

Bedrooms

2

Bathrooms

Floorplan

Accommodation comprises (all measurements approximate)

Double entrance doors to:

LOBBY
Feature stone clad walls and tiled floor. Part glazed door to:

HALL
Wood flooring, power points, radiator and alarm sensor.

LOUNGE. 5.03m x 3.91m (165' X 1210')
UPVC double glazed window overlooking garden. Low level double radiator and power points.

DINING ROOM. 113 x 104 (3.43 x 3.15)
Radiator, power points and stairs to loft room.

KITCHEN/ BREAKFAST. 7.01m x 2.79m (23 x 92)
Fitted base and wall units with contrasting worktops. 4 ring gas hob with extractor hood above, integrated oven with separate grill. Part tiled walls and tiled floor. Power points, 1 bowl stainless steel sink unit and drainer with mixer taps. Opens into breakfast area. Tiled floor with UPVC double glazed window to side. 2 UPVC double glazed casement doors to rear garden. Power points and double radiator, with door to utility room.

UTILITY ROOM. 3.28m x 1.45m (109 x 49)
Tiled floor with power points and fitted base and wall units. Recesses for washing machine and tumble dryer and wall mounted Worcester boiler.

BEDROOM 1. 4.29m x 2.87m (14 x 95)
UPVC double glazed bay window to front. Deep walk-in wardrobe with shelving and hanging rails. Door to:

EN SUITE
Modern shower cubicle with direct feed thermostatic shower. Vanity wash hand basin, close coupled WC, chrome towel radiator and extractor fan. Fully tiled walls and floor and inset spotlights to ceiling.

BEDROOM 2. 3.63m x 3.33m (1111 x 1011)
UPVC double glazed bay window to front with radiator under.

BEDROOM 3. 3.33m x 3.00m (1011 x 910)
UPVC double glazed window to side with radiator under and wood floor. Cupboard housing Joule unvented constant pressure hot water cylinder.

FAMILY SHOWER ROOM
Set up as a wet room with direct feed thermostatic shower. Vanity wash hand basin, electronic WC with douche function. Chrome towel radiator, fully tiled walls and extractor fan.

FIRST FLOOR

BEDROOM 4/STUDY. 3.78m x 2.74m (125 x 9)
Eaves room with velux opener and power points.

OUTSIDE

GARDEN75ft (approximately)
Patio leading to large lawn. Brick shed and side path leading to side storage port. Ideal for bikes or motorcycle etc. Double timber gates leading to:

FRONT
Own drive plus Hardstanding for 2 further cars approached via own dropped kerb with low level boundary wall and lawn area.

COUNCIL TAX BAND: E
CURRENT ANNUAL COUNCIL TAX RATE 2,688.73
ENERGY RATING (EPC) C

UTILITIES::
Electric: Mains Supply
Gas: Mains Supply
Water: Mains Supply
Sewerage: Mains Supply

Broadband: FFTP



Features
  • Freehold

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

£ 621450

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
    £ 18750
  • 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

£ 58950
  • 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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