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3 Bed Detached Bungalow House For Sale Gallery Lane, Chesterfield, S42

£275,000- Detached Bungalow

Yield: 2.84%
1 of 15
Yield: 2.84%
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  • Rental Guide: £520 - £650
  • 3 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • New Build Detached Bungalow
  • Sought After Location
  • High Specification
  • Open Plan Kitchen/living
  • Reserve Now
  • 10 Year Guarantee
  • Driveway For Two Cars
  • Close To Local Amenities
  • Three Bedrooms
Last Updated: 14th March 2020

Description

The property benefits from having a 10 years guarantee (TBC) and briefly comprises; Entrance Hall, Master Bedroom with En Suite, Two Further Bedrooms, Family Bathroom and Open Plan Kitchen/Living Room. Externally there is a driveway for two vehicles and surround garden.

The purchaser may have the chance to choose certain fixtures and fittings (within a range) depending on the time of reservation.

Optional
Floor coverings, tiles and kitchen/bathroom fittings - Depending on the time of reservation, the purchaser may be able to choose the type and colour of some fixtures and fittings from a chosen range (Conditions apply).

Building works will be covered by an architects certificate.

The images supplied are computer generated. Specifications of the exact build will be supplied to the buyer before exchange of contracts.

Reservation fee £500

 

The purchaser may have the chance to choose certain fixtures and fittings (within a range), depending on the time of reservation.

Optional
Floor coverings, tiles and kitchen/bathroom fittings - Depending on the time of reservation, the purchaser may be able to choose the type and colour of some fixtures and fittings from a chosen range (Conditions apply).

Building works will be covered by an architects certificate.

The images supplied are computer generated. Specifications of the exact build will be supplied to the buyer before exchange of contracts.

Reservation fee £500
 
Agent Details
Redbrik
987, Abbeydale Road, Sheffield, S7 2QD
Show Contact Number
0114 399 0567

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
2.5

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£8250
Lower taxes for this property type will not burden this property type as much leading to potential future price growth.
8.9

Comparison with other investment alternatives

Investng in this property will give you a slightly better regular return when compared to other conservatve nvestments.
3

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
3 Bedroom properties in “S42” are mostly listed between £520 - £650. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested