Detached bungalow with no chain

£375,000 Guide Price

4

Bedrooms

1

Bathrooms

2

Reception

Floorplan

Situated towards the head of a cul-de-sac on this popular residential development in Bickington, an opportunity to acquire a quietly situated detached 4 bedroom bungalow with pleasant gardens backing onto open farmland. The bungalow was originally built with an integral double garage, however this was converted into a study/bedroom and workshop many years ago, but could be reinstated back to a garage if required. The Bungalow benefits from gas fire central heating and UPVC double glazing and is available with no ongoing chain and is highly recommended for viewing. The accommodation briefly comprises of an entrance porch, hallway, lounge with square bay window, kitchen with built-in oven, hob and extractor, three bedrooms and shower room. There are two interconnecting conservatories whilst the former garage now comprises a lobby, study/bedroom four and workshop. The driveway provides parking for 2 to 3 vehicles and there are mature lawn and planted front gardens with a pleasant enclosed garden to the rear with a lawn, patio area, summer house and shed. This garden backs onto open farmland and enjoys views across the valley towards Ashford.

Bickington is a popular village situated to the South-West of Barnstable and there are good connecting links to the Town, Instow and the Tarka Trial. Also nearby are a number of local and national retailers, ample schooling facilities, whilst the area is renowned for its superb countryside and Atlantic coastline.



Property additional info

Entrance Porch

Entrance Hall:
Front door off, access to loft space, storage recess, double radiator, airing cupboard housing factory lagged cylinder.

Lounge: 5.99m x 3.43m (19' 8" x 11' 3")
Square bay window, feature fireplace with fitted cole effect gas fire, double radiator, fitted carpet.

Kitchen: 3.44m x 2.36m (11' 3" x 7' 9")
Inset one and a half bowl single drainer sink unit with a range of drawers and cupboards below, space for fridge. Working surface with cupboards and pan drawers below, inset NEFF ceramic hob, built-in NEFF oven with cupboards above and below, extractor unit, range of units with two glazed display cabinets, part tiled walls, double upright unit, vinyl floor covering, part glazed door to conservatory.

Bedroom 1: 3.33m x 3.30m (10' 11" x 10' 10")
Affording country views, range of built-in wardrobes with sliding doors, radiator, fitted carpet.

Bedroom 2: 3.50m x 2.69m (11' 6" x 8' 10")
Built-in wardrobe, radiator, fitted carpet.

Bedroom 3: 3.30m x 2.23m (10' 10" x 7' 4")
Affording country views, fitted wardrobes to one wall with sliding doors, radiator, storage cupboard housing wall mounted Worcester gas boiler feeding domestic water and the central heating system.

Shower Room:
A white suite with fully tiled walls comprising of a corner shower cubicle with curved glass sliding doors with a chrome effect shower unit. A wash handbasin with cupboards below. Low level W.C. shaver point, heated towel rail, vinyl floor covering.

Side Lobby:
Access door from conservatory 1

Study/Bedroom 4: 3.70m x 3.00m (12' 2" x 9' 10")
Double radiator, fitted carpet.

Workshop: 5.27m x 2.04m (17' 3" x 6' 8")
Access to loft hatch, light and power connected.

Conservatory 1: 3.99m x 2.29m (13' 1" x 7' 6")
Glazed door to the garden, double radiator, fitted carpet, full width folding doors, providing access to

Conservatory 2: 4.08m x 3.06m (13' 5" x 10' )
UPVC double glazed construction with French doors to the garden, ceramic tiled floor.

Outside:
At the front of the bungalow is a lawn and planted garden area with a Tarmac driveway providing parking for 2 to 3 vehicles. A pathway leads to the entrance door beyond which is a gate providing side access to the rear. There is also a further side gate from the road providing access into a small paved area which leads behind the conservatory to the rear garden. This is a delightful garden backing onto open farmland and enjoying very pleasant views across the valley towards Ashford. The garden is predominantly lawn and there is a paved patio area, summer house and small timber framed garden shed along with a variety of plants bushes and shrubs.

Services:
Mains water, electricity, gas and drainage connected.

Council Tax:
Band C Please note council tax bandings can be reassessed after a change of ownership, for further information please contact the local authority.

EPC:
Band D

Tenure:
Freehold

Viewings:
By appointment through Woolliams Property Services. Telephone: Office Hours 01271 328586 Out of Office Hours: 07977 269098 or www.woolliamspropertyservices.com

Useful Information:
To find out further useful information on this property such as bin collection days, whether this is a conservation area, planning history etc why not check the North Devon Council website: www.northdevon.gov.uk/my-neighbourhood

Nearest Stations:

1.63 miles
Barnstaple
5.21 miles
Chapelton
7.43 miles
Umberleigh
10.43 miles
Portsmouth Arms
12.8 miles
King's Nympton

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

£

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
    £ 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.

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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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