3 bedroom detached bungalow for sale

£495,000

3

Bedrooms

Floorplan

DESCRIPTION Beautifully presented and spacious bungalow set on a good sized plot with well maintained mature gardens. This spacious and light property has a large lounge area, generous kitchen/diner opening in to a fantastic conservatory looking over the garden, 3 bedrooms, well appointed bathroom, solar panels with EPC rating B, oversized single garage and ample parking for numerous vehicles. CTax E. Must be viewed to appreciate

ENTRANCE PORCH UPVC double glazed front door and fully glazed UPVC door to:-

ENTRANCE HALL good size with coved ceilings, double radiator, high-quality flooring, double cupboard with timber doors and two eight light beveled glazed doors to:-

LOUNGE 25 0" x 13 10" (7.62m x 4.22m) The large lounge area is accessed from the hall by glazed oak double doors, bay windows at the front and two windows to the side, cornice ceilings and central ceiling roses, feature marble fireplace with coal effect fire, TV point, wide arch to the:-



KITCHEN/DINER 13 10" x 16 0" (4.22m x 4.88m) A generous area comprising fully fitted kitchen with quartz worktops and inset sink unit with heated Quooker tap (no need for a kettle), cupboards and draw units, wall and base units, internally lit glass fronted cupboard, integrated dishwasher, built-in Bosch double oven, Bosch four ring induction hob with back plate and stainless steel extractor hood, wine racks, inset ceiling spotlighting central light well, coved ceilings, TV point, space and plumbing for American style fridge/freezer. UPVC double glazed door to conservatory and door to the utility room:-

CONSERVATORY 17 0" x 13 2" (5.18m x 4.01m) Usable all year round with Solid roof with inset ceiling spotlights, glazed windows over looking the well maintained gardens, radiator, TV point, tiled floor, double doors to the garden

UTILITY ROOM 8 6" x 5 8" (2.59m x 1.73m) Quartz worktops with inset sink and contemporary tap with cupboards below, plumbing for washing machine and space for dryer, wall cupboards, Worcester gas fired central heating boiler, tiled floor, inset lighting, hanging space, double glazed door to garden.

MASTER BEDROOM 12 0" x 12 0" (3.66m x 3.66m) Window to the front, modern built-in range of double and three single wardrobe cupboards with central dressing table unit with drawers and pelmet lighting, coved ceiling, inset lights, T.V point.

BEDROOM 2 11 0" x 10 8" (3.35m x 3.25m) Window to the rear, access to loft, coved ceilings, T.V point.

BEDROOM 3 / STUDY 8 9" x 7 10" (2.67m x 2.39m) High-quality flooring, modern range of built in office furniture, inset lighting, coved ceiling

BATHROOM 11 2" x 8 7" (3.4m x 2.62m) Fitted white suite with double ended bath with central mixer taps and shower attachment, WC, pedestal wash basin, fully tiled shower cubicle with Mira shower, extractor fan, inset lighting, tiled walls, quality tiled floor.

OUTSIDE Front gardens give a great deal of privacy by a high mature hedge and five bar gate leading to a winding gravel drive with ample parking and turning space with paved hard standing. Good area of lawns with shrub borders, mature trees and hedging. Enclosed by close board fencing. Victorian carriage light and two outside lights. Wide side access with wrought iron gate to:- Rear gardens of a good size and beautifully landscaped with large area of terrace with lawns, round patio area, summer house facing South West. Mature small trees, greenhouse, storage area, outside lighting, power and tap, enclosed by high close boarded fencing.

LARGE GARAGE 19 2" x 13 2" (5.84m x 4.01m) a larger than average garage, electric up and over door, solar panels, eaves storage, workbench, power and light, window and UPVC double glazed door to rear garden

NB There are solar panels on the roof that are owned by the property and for the benefit of the occupants and any gain from feed in tariff

Please note the vendor of this property is related to a member of the Martin & Co staff

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

£ 411075

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
    £ 12375
  • 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

£ 39825
  • 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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