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£400,000 Guide Price
Bedrooms
Bathrooms
Well presented spacious detached bungalow located in a convenient position within the popular Tamar Valley. Situated on a good size plot with easy access to local amenities and good access to the towns of Tavistock & Callington.
The accommodation briefly comprises: Entrance hall, kitchen/dining room, utility room, sitting room, 3-4 bedrooms, master with ensuite shower room, bathroom, workshop/store (formerly integral garage), UPVC double glazing, ample off road parking, good size gardens and wonderful decked terrace. Internal viewing strongly recommended.
Accommodation
Entrance Hall
With access to all bedrooms, bathroom and sitting room, built-in linen cupboard with slatted shelving, two radiators, access to loft with ladder.
Workshop/Store Room - 10 3 x 9 8 (3.13m x 2.95m)
Roller door to front driveway, light and power connected.
This room was formerly part of an integral garage with a partition wall installed to create bedroom 4/study, this could easily be taken down to reinstate the garage, if required.
Bedroom 4/Study - 9 5 x 7 10 (2.88m x 2.38m)
UPVC double glazed window to the side, fitted wardrobe, radiator.
Bedroom 3 - 12 4 x 9 5 (3.76m x 2.87m)
Dual aspect room with UPVC double glazed windows to the front and side elevations, radiator.
Master Bedroom - 12 4 x 12 2 (3.76m x 3.72m)
UPVC double glazed window overlooking the decked terrace, fitted bedroom furniture including wardrobe, side tables, over bed storage and dressing table, radiator, door to:
Ensuite Shower Room
With w.c., shower cubicle, wash hand basin, heated towel rail, electric shaver point, obscure UPVC double glazed window.
Bathroom
Fitted with panelled bath with mixer taps and shower attachment, electric shaver point, radiator, shelving, obscure UPVC double glazed window.
Bedroom 2 - 12 3 x 9 3 (3.73m x 2.83m)
UPVC double glazed window to the side, radiator.
Sitting Room - 17 7 x 12 2 (5.37m x 3.70m)
Sliding patio doors providing access to the decked terrace and garden, two radiators.
Kitchen/Dining Room - 21 10 x 9 9 (6.65m x 2.96m)
Triple aspect room with UPVC double glazed windows overlooking the garden, range of wall and base fitted kitchen units, breakfast bar, gas hob with hood over, double electric oven, radiator.
Utility Room - 9 3 x 5 10 (2.83m x 1.77m)
With space and plumbing for automatic washing machine, dishwasher and tumble dryer, worktop and wall cupboards, wall mounted Worcester gas boiler, external door leading to the side of the property and access to the garden.
Outside
There is a good size driveway with ample parking for several vehicles, including space to store a camper van or caravan.
The gardens, are enclosed by timber fencing and extend to the side of the property where there is a paved terrace and timber decked seating area, which takes full advantage of the south facing aspect. Located at the rear of the property is an area of lawn with specimen trees, shrubs and raised borders. There is a good size timber garden shed measuring 10 4 x 3 9 (3.14m x 1.15m) with double doors, a pathway leads to the front driveway, and there is an outside water supply and safety electric point.
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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