4 bedroom detached bungalow for sale

£500,000 Offers over

4

Bedrooms

2

Bathrooms

Floorplan

Wainwright Estate Agents are delighted to offer for sale this detached bungalow located at the end of a cul-de-sac within the popular Cornish Town of Saltash. The accommodation briefly comprises good size lounge/diner with views of The River Tamar, kitchen/breakfast room, four bedrooms the master having an en-suite, family bathroom, gardens and decked area with views, double garage and brick paved driveway providing ample parking for several vehicles. Other benefits include double glazing and gas central heating. To appreciate all this home has to offer, the location and the views an internal viewing really is a must. EPC = C (71). Freehold Property. Council Tax Band E.

Location - The property is situated in a tucked away position at the end of a cul-de-sac with in the mush sought after Cornish town of Saltash. 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 - uPVC front door leading into the hallway.

Hallway - Doorways leading into the living accommodation, radiator, storage cupboard.

Lounge/Diner - L shaped lounge/diner.

Lounge Area - 6.76m x 3.53m (222 x 117) - Double glazed window to the front aspect with lovely views overlooking the local area and extending toward The River Tamar and Dartmoor. Patio doors leading to the front of the property, various power points, radiators, feature brick fireplace, doorway leading into the kitchen/diner, the lounge area opens into the dining area.

Dining Area - 3.33m x 2.82m (1011 x 93) - Double glazed window to the front aspect with lovely views overlooking the local area and extending towards The River Tamar and Dartmoor. Radiator and power points.

Kitchen/Breakfast Room - 4.83m x 3.18m (1510 x 105) - Matching range of kitchen units comprising wall mounted and base units with work surfaces above, single drainer sink unit with mixer tap, tiled splashbacks, electric oven with gas hob and extractor hood above, tiled splashbacks, space for fridge/freezer, various power points, tiled flooring, double glazed window to the side aspect, space for breakfast table, down lighting, additional single drainer sink unit, space and plumbing for washing machine, space and plumbing for dishwasher, doorway leading to the side decked area, doorway leading into the hallway.

Bedroom 1 - 4.34m x 3.18m (143 x 105 ) - Double glazed window to the rear aspect, radiator, power points, range of built in wardrobes, doorway leading into the en-suite shower room.

En-Suite - Matching suite comprising double shower cubicle with tiled splashbacks and shower, low level w.c., vanity unit with inset wash hand basin and cupboards beneath, part tiled walls, double glazed obscure glass window to the side aspect, radiator.

Bedroom 2 - 3.33m x 3.33m (1011 x 1011) - Double glazed window to the rear aspect, raditor, power points, built in wardrobes.

Bedroom 3 - 4.34m x 2.57m (143 x 85) - Double glazed window to the rear aspect, raditor, power points.

Bedroom 4 - 3.61m x 2.31m (1110 x 77) - Doube glazed window to the front aspect with a pleasant outlook overlooking the local area, radiator, power points.

Family Bathroom - Matching bathroom suite comprising panelled bath with shower attachement above, pedestal wash hand basin, low level w.c., heated towel rail, part tiled walls, obscure glass double glazed window to the rear aspect.

Rear Garden - To the rear of the property there is a tiered garden with patio and seating area providing an ideal spot for entertaining or alfresco dining, steps leading to the remainder of the garden where there is a laid to lawn area, raised flower bed, decked area, fish pond, raised flower beds to the boarders with various mature plants, shrubs and flowers, wooden summer house.

Decked Area - To the side of the property and accessed via the kitchen/breakfast room there is a decked area with lovely views overlooking the local area and extending towards The River Tamar and Dartmoor.

Front Garden - To the front of the proeprty there is a grassed area with various mature shrubs, feature rockery area with various mature plants, shrubs and flowers, steps leading to the front door where there is also a paved seating area with a pleasant outlook.

Garage - The property has a double garage accessed via brick paved driveway

Driveway - To the front of the property there is a brick paved driveway with natural hedge surround and provides off road parking for a number of vehicles including motor home or boat.





Features
  • Freehold

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

£ 415200

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
    £ 12500
  • 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

£ 40200
  • 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.

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