Set well back from the kerbside this bungalow is a fine size, very bright and is presented in move-in condition.
An open porch becomes a hallway extending from the front of the property to the lounge and 2nd bedroom at the back. A full-height cupboard provides a storage option, and an external door also connects into the hallway from the side drive. The lounge is a perfect size featuring a contemporary fireplace and links though sliding doors to a conservatory with a tiled floor, windows to 3 sides and French doors to the lawned, south-facing back garden. The kitchen is nicely fitted with white base units and cupboards, a halogen hob and electric oven, plumbing for appliances and a short breakfast bar.
Bedroom 1 is a double room with a box bay and double wardrobes. Bedroom 2 is a similar sized bedroom with a fitted cupboard to the corner of the room. Recently refitted, the shower room is a fine space with a double enclosure, wet boarding, a thermostatic shower with a drench-head and a handheld option. The basin is built into a cabinet, a WC completes the suite and the walls / floor are tiled.
The windows and doors of this bright, spacious accommodation are fully uPVC double glazed and the property has gas central heating.
Externally, the side drive provides off-road parking for several vehicles, extending to a smart brick garage with a new, automated up ’ n ’ over door and a further door to the side.
For a detailed exploration inside of the property, please check out the Virtual Tour link!
Sutton village is extremely popular and the opportunity to buy this style of property with big rooms in a spacious plot come along rarely so please book your viewing early so as not to miss out.
Tenure : Freehold
Council Tax Band : C
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
| Tax Band | % | Taxable Sum | Tax |
| less than £250k | 0 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £250k | 3 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £425k | 0(5)** | ||
| £425k to £625k | 5 | ||
| £625k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
