3 bedroom semi-detached bungalow for sale

£249,995

3

Bedrooms

1

Bathrooms

''QUALIFIES FOR RCT UP TO 25,000 GRANT''
NO ONWARD CHAIN, OPEN TO OFFERS

Welcome to this charming semi-detached bungalow nestled in a beautiful rural village, offering three bedrooms and endless potential for a truly remarkable home. Situated in an elevated position, this much-loved family residence enjoys breathtaking views across the valley, creating a picturesque backdrop for everyday living.

Step inside and be greeted by a lovely welcoming hallway, setting the stage for the warmth and comfort that awaits within. The kitchen/diner provides a cozy space for family meals and gatherings, while a pantry/utility room off the kitchen offers additional convenience and storage.

The highlight of the home is the gorgeous feature balcony off the lounge, where you can unwind and soak in the stunning views while enjoying the fresh air and tranquility of the surroundings. With so much potential, this space offers endless possibilities for relaxation and entertainment.

Three bedrooms offer ample accommodation for family and guests, while a family bathroom provides comfort and functionality for everyday living. Outside, a lovely front elevated garden adds to the charm of the property, while a side garage and gated driveway offer convenient off-road parking.

Whether youre looking for a brilliant family home or considering the potential for a fantastic Air B&B, this property offers the perfect opportunity to create a truly special living space. Much loved by its current owners, this home is a testament to cherished memories and happy moments.

Located in a beautiful rural village, surrounded by nature and tranquility, this home provides a peaceful retreat from the hustle and bustle of everyday life. Must be seen to truly appreciate the beauty and potential it holds. Dont miss out on the chance to make this wonderful property your own schedule a viewing today!

''The RCT grant is help to renovate an empty property, which has been empty for a 'given' time, this property does qualify but it is then down to the individual to apply and have this grant award to them

''The RCT grant is help to renovate an empty property, which has been empty for a 'given' time, this property does qualify but it is then down to the individual to apply and have this grant award to them

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

£ 196446.125

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 6249.875
  • 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

£ 8949.875
  • 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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