3 bedroom bungalow for sale

£675,000

3

Bedrooms

Floorplan

'EAGERLY SOUGHT AFTER BELFAIRS ESTATE LOCATION CLOSE TO WOODS & GOLF COURSE
' RECENTLY REFURBISHED THROUGHOUT
' REWIRED AND REPLUMBED
' SMOOTH PLASTER WALLS AND CEILINGS
' NEW FITTED CARPETS AND FLOOR COVERINGS ' THREE DOUBLE SIZED BEDROOMS
' 189 X 11 LOUNGE
' 18 X 105 NEW FITTED KITCHEN
' UTILITY ROOM ' CLOAKS / W.C
' NEW BATHROOM / W.C
' GAS CENTRAL HEATING AND DOUBLE GLAZING ' DETACHED GARAGE PLUS PARKING FOR NUMEROUS VEHICLES
' IMPRESSIVE 230 DEEP PLOT WITH 55 X 120 REAR GARDEN
' NO ONWARD CHAIN
' KEYS AVAILABLE FOR VIEWING '

Composite double glazed lead light Entrance Door with uPVC double glazed side panel window to Reception Hall. New oak internal doors, radiator, loft access, electric meter cupboard.

Lounge 189 x 11 (5.72m x 3.35m)
uPVC double glazed double opening doors and windows to rear, radiator, ceiling with downlights.

Kitchen 18 x 105 (5.49m x 3.18m)
uPVC double glazed window to rear, laminate flooring, ceiling with down lights, stylish vertical radiator. New luxury fitted kitchen units, Butler sink unit with mixer tap and cupboard under. Extensive range of fitted units comprising cupboards, drawers, quartz work surfaces, and eye level cupboards. Doorway to Utility Room and Cloak / W.C, further doorway to Lounge. Bosch plumbed in washing machine, cupboard housing recently installed Worcester gas central boiler. Leisure Cuisine Master range style oven with quartz back panel and stainless steel extractor canopy above. Ceiling with down lights , extractor fan.

Utility Room 6 x 42 (1.83 x 1.27m )
uPVC double glazed lead light windows to front and side, laminate floor. Ceiling with down lights, extractor fan. Butler sink unit set into quartz work surface with cupboard under.

Cloak / W.C
uPVC double glazed window to rear, radiator, laminate flooring. Low flush W.C with ceramic tiled surround, coved ceiling, extractor fan.

Bedroom One 15 x 11 (4.57m x 3.35m)
uPVC double glazed leadlight bay window to front, arched leadlight stained glass window to side, ceiling with down lights, radiator.

Bedroom Two 119 x 95 (3.58m x 2.87m)
uPVC double glazed leadlight window to front, coved ceiling, radiator.

Bedroom Three 10 x 9 (3.05m x 2.74m)
uPVC double glazed leadlight square bay window to side, radiator.

Bathroom
uPVC double glazed window to side, tiled floor, waterproof wall panelling, new luxury suite comprising panelled bath with mixer tap and shower fitment. Wash hand basin and low flush W.C set in vanity cabinet with cupboard under. Extractor fan, ceiling with downlights, vertical radiator.

Outside
As previously mentioned, the bungalow stands on a very large plot approx. 230 deep. The Rear Garden is arranged in two sections, enjoying excellent seclusion, measuring 55 at the widest point by 120. There is a square paved patio to the immediate rear of the property, timber shed, old style green house. Wide variety of trees, shrubs and plants, wide side driveway, block paved with midway double opening gates providing parking for numerous cars and access to the garage.

Garage
Detached with electric up and over door.

Front Garden
The Front Garden measures approx. 60 in depth and is laid to lawn with block paved driveway and path.

Agents Notes
EPC Rating ; ordered and awaiting assessment.
Council Tax Band; C
All mains services connected. including Gas, Electric, water and Drainage

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

£ 559575

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
    £ 16875
  • 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

£ 53325
  • 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

Adjust these figures

  %
  %
£
  %

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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