3 bedroom detached bungalow for sale

£375,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Wainwright Estate Agents are delighted to offer for sale this extended detached bungalow located in the popular Cornish Town of Saltash. The accommodation briefly comprises lounge, separate dining room, kitchen, three bedrooms, bathroom, separate w.c., mature gardens to the front side and rear, detached garage, extended driveway offering ample parking for several vehicles. To appreciate the location and all this home has to offer an internal viewing really is a must. EPC = C (69). Freehold Property. Council Tax Band D



Location - Saltash is a popular Cornish Town located across the River Tamar from Plymouth and is often known as The Gateway To Cornwall. The town centre has many shops with doctors, dentists, library, leisure centre and train station all a short distance away, there are regular bus services to the local surrounding areas. There are various popular schools in the area. Saltash offers great transport links to Devon and Cornwall along the A38 corridor.

Entrance - Front door leading in to the entrance vestibule.

Entrance Vestibule - Coat hanging space, tiled floor, doorway leading into the hallway.

Hallway - Doorways leading into the living accommodation, cupboard housing the central heating boiler and shelving, loft hatch to loft space, radiator, power point, linen cupboard.

Lounge - 5.38m x 4.52m (178 x 1410) - Double glazed patio doors leading to the rear garden, radiator, various power points, feature stone fireplace, opening leading into the separate dining room.

Dining Room - 3.81m x 3.15m (126 x 104) - Double glazed windows to the side and rear aspect, radiator, power points.

Kitchen - 3.61m x 2.24m (1110 x 74) - Range of matching kitchen units comprising wall mounted and base units with worksurfaces above, single drainer sink unit witih mixer tap, tiled splashbacks, double eye level electric oven, electric hob with extractor hood above, space and plumbing for washing machine, various power points, double glazed window to the rear aspect, serving hatch to the lounge.

Bedroom 1 - 4.45m x 2.95m (147 x 98) - Double glazed window to the front aspect, radiator, power points, built in mirror fronted wardrobes, additional built in bedroom furniture.

Bedroom 2 - 3.33m x 3.12m (1011 x 103) - Double glazed window to the side aspect, radiator, power points, built in mirror fronted wardrobes.

Bedroom 3 - 2.44m x 2.24m (800 x 74) - Double glazed window to the front aspect, radiator, power points, range of built in storage cupboards.

Bathroom - Panelled bath, pedestal wash hand basin, radiator, tiled walls, obscure glass double glazed window to the side aspect.

Separate W.C. - Low level w.c. double glazed window to the side aspect.

Front Garden - To the front and side of the property there are mature gardens with various mature plants, shrubs and bushes, grassed area, gateway leading to the rear of the property.

Rear Garden - Patio area providing an ideal spot for entertaining, grassed area, various mature bushes and shrubs, wooden fencing, pathway leading to the side garden, doorway leading to the driveway, doorway leading into the garage.

Garage - 6.10m x 2.41m (2000 x 711) - Double glazed window to the rear aspect, power and lighting, up and over garage door.

Parking - To the front of the property there is an extended driveway which provides ample parking for several vehicles.



Features
  • Freehold

Map location is not available for this property.

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

£ 312075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 9375
  • 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

£ 30825
  • 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

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This is the assumed rate of house price inflation.

Final Property Value

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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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