4 bedroom detached bungalow for sale

£625,000

4

Bedrooms

2

Bathrooms

Floorplan

Nestled in the charming village of Cheslyn Hay, this stunning detached bungalow on Upper Landywood Lane offers a perfect blend of comfort and style. With four spacious bedrooms, including an additional dressing room, this property is ideal for families seeking ample living space.

The heart of the home features a generous lounge/diner, perfect for entertaining guests or enjoying family meals. The well-appointed kitchen is designed for both functionality and ease, making it a delightful space for culinary enthusiasts. For leisure and recreation, the bungalow boasts a games room, providing an excellent area for relaxation and fun.

Two of the bedrooms come with their own ensuites, ensuring privacy and convenience for family members or guests. Additionally, a family bathroom serves the remaining bedrooms, offering modern amenities and comfort.

Outside, the good-sized rear garden presents a tranquil retreat, perfect for outdoor gatherings or simply enjoying the fresh air. The property also includes a double garage, providing ample storage space and a good sized driveway offering off road parking for several vehicles.

This exceptional bungalow combines spacious living with a peaceful village setting, making it a wonderful opportunity for those looking to settle in a welcoming community. Dont miss the chance to make this delightful property your new home.

Entrance Hallway -

Living Room - 4.74 x 5.45 (156' x 1710') -

Kitchen - 4.58 x 3.32 (150' x 1010') -

Bathroom - 2.62 x 2.77 (87' x 91') -

Bedroom One - 4.47 x 3.65 (147' x 1111') -

Ensuite -

Bedroom Two - 2.92 x 3.61 (96' x 1110') -

Ensuite -

Bedroom Three - 3.44 x 3.63 (113' x 1110') -

Sitting Room - 3.64 x 7.52 (1111' x 248') -

First Floor -

Dressing Room - 1.04 x 3.46 (34' x 114') -

Attic Bedroom - 3.08 x 4.37 (101' x 144') -

Double Garage -

Driveway -

Front & Rear Gardens -

Agents Note C - The Vendor has informed us that the property has a septic tank and there is a 2 yearly charge of 120 for it to be emptied.

We have been advised by the vendor that the property is freehold. However, please note that the property currently has an unregistered title. Prospective purchasers are advised to make the necessary enquiries with their legal representative to confirm the tenure and any implications arising from the unregistered status.

Identification Checks - C - Should a purchaser(s) have an offer accepted on a property marketed by Webbs Estate Agents they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is 36.00 inc. VAT per buyer, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.



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

£ 518325

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
    £ 15625
  • 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

£ 49575
  • 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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