Spacious four-bedroom bungalow in killams with no onward chain

£515,000

4

Bedrooms

3

Bathrooms

2

Reception

Floorplan

Wowjust wow!

Offered with no onward chain, this expansive bungalow in the highly sought-after area of Killams presents a rare opportunity for families or multi-generational living, due to the layout and size of the property. The property is verastile enough to use as a four/five bedroom bungalow, or 3 bedroom bungalow and one bedroom annexe.While the property is sold as seen, its sheer size, layout, and location more than make up for any modernisation you might wish to do.

Set in a peaceful cul-de-sac close to excellent schools and well-connected transport links, the home boasts four generously sized bedrooms, including an en-suite to the master, alongside two additional bathrooms for convenience. A separate dining room, large kitchen, and utility room offer both functionality and space for everyday living and entertaining.

Step outside to find a generous garden, mostly laid to lawn, perfect for children, pets, or simply enjoying the outdoors. There is also side pedestrian access leading to the front, where youll find driveway parking for two cars and a double garageideal for storage or further development potential.

With its flexible layout and superb location, this is a home thats ready to welcome your vision. Dont miss the chance to make it your own.

Killams Green is well-positioned near the junctions of Shoreditch Road, Stoke Road, and South Road. Taunton town centre, offering a range of shopping, recreational, sporting, and cultural facilitiesincluding Somerset County Cricket Ground and Taunton Racecourseis easily accessible. Additionally, the M5 motorway and a mainline intercity rail link provide convenient transport options

Please see the floor plan for dimensions

Directions: Use what3words///widen.magnetic.provide or click the linkCLICK HERE TO GO TO WHAT3WORDS



Features
  • Versatile 4/5 bed bungalow or 3 bed with one bed Annexe
  • Freehold

Nearest Stations:

1.84 miles
Taunton
9.95 miles
Bridgwater
13.02 miles
Tiverton Parkway
14.55 miles
Honiton
15.55 miles
Axminster

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

£ 427575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 12875
  • 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

£ 41325
  • 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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  %
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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

£

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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