Mount avenue, kilmarnock

£220,000 Offers over

4

Bedrooms

1

Bathrooms

Floorplan

*** CLOSING DATE - TUESDAY 16th APRIL AT 12 NOON ***

Property Matters Online are delighted to present to the market this four-bedroom DETACHED BUNGALOW ideally situated within the highly desirable Gargieston area of Kilmarnock.

The accommodation offers spacious family living throughout and comprises entrance vestibule which leads to the welcoming hallway. Front facing lounge with feature bay window, alcove area, and inset gas fire with surround. Front facing double bedroom with feature bay window. Versatile rear facing bedroom/dining room with feature fire and surround. Fitted kitchen which houses an ample range of base and wall units with complementary worktops and tiled splash-back areas, integrated gas hob, extractor hood, double electric oven and dishwasher. Rear facing sunroom with upvc door which gives access to the rear garden. Three-piece bathroom comprising wc, vanity unit housing the wash hand basin, and bath with overhead shower. Study/dining room with stairs leading to the two upper bedrooms, and under-stair storage.

The accommodation further benefits from a mono-bloc driveway to the front which leads to the single garage. Enclosed rear garden with lawn, chipped and patio areas, and a mature shrub border.

LOCALITY

Mount Avenue is located just off Dundonald Road and as such is found within close proximity to Kilmarnock Town Centre.

Kilmarnock offers an extensive range of shopping facilities to include many High Street names as well as supermarket shopping also easily accessible. Also found locally are a wide range of restaurants and cafes. Public transport locally includes regular bus service on DUNDONALD Road with frequent rail travel from Kilmarnock Railway Station. For the motorist there are excellent road links providing easy access to both the A71 and A77/M77 Motorway.

Room sizes (Approx.)

ENTRANCE VESTIBULE 1.22m x 0.71m

ENTRANCE HALLWAY 4.82m x 3.51m

LOUNGE 4.21m x 4.03m

FRONT BEDROOM 4.23m x 4.04m

REAR BEDROOM / DINING ROOM 3.81m x 2.74m

BATHROOM 2.35m x 1.82m

KITCHEN 3.81m x 2.48m

SUNROOM 2.67m x 2.37m

STUDY / DINING ROOM 2.91m x 2.76m

UPPER BEDROOM ONE 3.42m x 2.67m

UPPER BEDROOM TWO 3.43m x 2.05m

EER - D

Viewings: Strictly by appointment.

PARTICULARS Property Matters Ltd for themselves and for the sellers of this property whose agents they are, give notice that the particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract and that no person in the employment of Property Matters Ltd has any authority to make or give any representation or warranty whatever in relation to this property. Intending purchasers must satisfy themselves, by inspection or otherwise, on all matters.

OFFERS. Offers must be submitted in Scottish legal form to the sole selling agents. Formal note of interest should be registered prior to offering. A closing date will only be notified to parties who have registered interest through their solicitors. The seller reserves the right to accept any offer at any time.

Nearest Stations:

1.04 miles
Kilmarnock
2.68 miles
Kilmaurs
5.71 miles
Stewarton
5.99 miles
Barassie
6.35 miles
Irvine

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

£ 173200

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
    £ 5500
  • 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

£ 8200
  • 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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