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£600,000
Bedrooms
Bathrooms
A rare opportunity has arisen to purchase this unique and deceptively spacious detached chalet bungalow, being situated on the sought after Somerset estate and offering no onward chain. The ground floor offers two double bedrooms, a quality bathroom/wc incorperating separate shower cubicle, spacious utility room , and a fantastic open plan living/dining/ kitchen area with feature full width byfolding doors creating a seamless transition between living and garden space. The first floor offers a double bedroom with a spacious ensuite. The property has been immacultely maintained throughout and an internal viewing is reccommended to appreciate the size of accomodation and quality of fixtures and fittings on offer.
Entrance Hall - Marble tiled floor, smooth plastered walls, recessed spotlights, access to loft, spiral staircase to first floor, radiator, bt ppoint, built in storage cupboard, doors off onto:
Bedroom Two - 4.63 to bay x 3.41 plus wardrobes (152' to bay x - Solid oak flooring, smooth plastered walls, double glazed bay window to front, built in sliding door wardrobes to one wall, upright panelled radiator, built in spotlights to ceiling beams:
Bedroom Three - 3.59 x 2.89 (119' x 95') - Soloidf Oak flooring, smooth plastered walls, recessed spotlights, double glazed windows to front and side ,radiator:
Bathroom - 2.96 x 2.18 (98' x 71') - Tiled floor and walls, pannelled jacuzzi bath, his and hers wash hand basins with storage beneath, independant tiled shower cubicle, closed coupled push button flush wc, two velux skylights over bath with built in blinds:
Lounge/Diner/Kitchen - 8.06 x 6.52 (265' x 214' ) - Lounge/diner area:
Carpeted, smooth plastered walls, recessed spotlights, built in tiled fire place housing log burner, chrome wall panel radiator, full width byfolding doors overlooking rear garden.
Kitchen area:
Cupboard and draw base units, eye level wall cupboards with granite work surfaces, ceramic tiled splash backs, stainless steel sink unit with one and a half bowl, single drainer and mixer tap, built in Neff microwave and twin Neff ovens , fitted five ring gas hob with Alica extractor over, double glazed window to side, double glazed side door leading to front and rear garden,
Utility - Tiled flooring and walls, wall mounted boiler serving gas central heating and domestic hot water system, extractor, stainless steel sink unit one and a half bowl, single drainer and muixer tap, recess and plumbing or washing machine and dishwasher, cupboard and draw unints, extractor, double glazed window to side
First Floor Bedroom One - 4.95max x 4.70 max (162'ax x 155' max) - Carpeted, smooth plastered walls, five velux windows with fitted blinds, eves storage, double glazed double doors opening to glass safety panel . recessed spotlights:
Ensuite - 4.67 max x 1.64 plus door recess (153' max x 54' - Tiled flooring and walls, velux window with built in blind, closed coupled push button flush wc, his and hers luxury sink units with built in mixer taps and mirror over, jacuzzi bath with further velux window and built in blind, either side chrome radiators over bath, further pannelled radiator:
Externally - The private rear garden has a substantial brick built storage space/ potential office with up and over door and further access via double glazed double doors. The remainder of the garden is mainly laid to lawn with mature trees, flower and shrub areas, greenhouse., fencing to boundaries. The front garden is mainly laid to lawn and has a side driveway with stacked off sttreet parking for up to four vehicles accessed from street via electronic sliding wrought iron gate. wrought iron railings to sides brick wall to front boundary.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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