4 bedroom detached bungalow

£400,000 Offers in excess of

4

Bedrooms

2

Bathrooms

2

Reception

Floorplan

A great size extended detached bungalow situated in an established peaceful residential location and is available with no ongoing chain. The bungalow benefits from gas fired central heating and UPVC double glazing and would suit as an ideal family/retirement opportunity. The accommodation comprises entrance porch, lounge, separate dining room, kitchen and conservatory. There are four bedrooms, family bathroom and a separate shower room, bedroom four was created from the original garage and there is now a small storage area accessed from here. There are good size mature gardens to the front and rear, off-road parking for two vehicles at the front, with a block built summer house and workshop in the rear garden. The Town centre has a range of local retailers, national retailers with further shopping facilities available at Roundswell. Situated in the popular residential location of Sticklepath, the property is easily accessible to all local amenities including schools, shops, post office, takeaways and St Michael's Nursery.





Property additional info

Entrance Porch:
UPVC double glazed door off, fitted carpet.

Entrance Hall:
Obscure glaze door off, radiator, access to lost space, built-in cupboard, shelved storage cupboard, further double storage cupboard.

Lounge: 4.54m x 4.24m (14' 11" x 13' 11")
This room enjoys country glimpses. Feature fireplace with fitted living flame coal effect gas fire, double radiator.

Kitchen: 4.21m x 3.91m (13' 10" x 12' 10")
A double aspect room with UPVC double glazed door leading to the conservatory. Range of units with inset enamel single drainer one and a half bowl sink with mixer tap, drawers and cupboards and space below with plumbing for washing machine. Working surface with drawers, cupboards, Integrated fridge and space with plumbing for dishwasher. Inset Smeg gas hob, built-in. Belling double oven, concealed cooker hood above. L- shaped working surfaces drawers and cupboards below, range of wall units, part tiled walls, shelved larder cupboard, laminate flooring.

Conservatory: 5.05m x 2.87m (16' 7" x 9' 5")
Double glazed French doors to garden, double radiator, electric panel heater.

Bathroom: 2.63m x 1.78m (8' 8" x 5' 10")
Having a white suite with fully tiled walls comprising panelled bath, Gainsborough 8.5 ES shower unit, pedestal wash handbasin, low level W.C, heated towel rail, ceramic tiled floor.

Bedroom 3: 4.22m x 2.19m (13' 10" x 7' 2")
Radiator, fitted carpet.

Shower Room: 2.37m x 1.87m (7' 9" x 6' 2")
Having a white suite with fully tiled walls comprising walk in shower unit with curved glass doors, pedestal wash handbasin, low level W.C, radiator, ceramic tiled floor.

Bedroom 1: 4.47m x 3.20m (14' 8" x 10' 6")
Radiator, fitted carpet.

Bedroom 2: 3.21m x 2.72m (10' 6" x 8' 11")
Radiator, fitted carpet.

Bedroom 4/Study: 3.65m x 2.39m (12' x 7' 10")
This room was formally part of the integral garage. Fitted carpet, door to.

Store: 2.39m x 1.51m (7' 10" x 4' 11")
This comprises the front area of the original garage with a roller door, coldwater tap.

Outside:
The property stands on a good size mature garden plot approached at the front across a concreted driveway which provides parking for two vehicles. There is a concrete path to the door which then extends the side of the bungalow where there is a pedestrian gate providing access to the rear. There is a lawned front garden with well stocked mature side beds and borders. There is a good size mature rear garden with a lawn, paved patio area and outside tap. There are well stocked mature beds and borders with a variety of bushes shrubs and variety of plants. There is a large block built workshop which has timber cladding (5.22 m x 2.11 m)and a further garden summer house.

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

Council Tax:
Band D

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:

0.57 miles
Barnstaple
4.2 miles
Chapelton
6.36 miles
Umberleigh
9.41 miles
Portsmouth Arms
11.74 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

£ 332700

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
    £ 10000
  • 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

£ 32700
  • 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

£

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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