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2 Bed Detached Bungalow House For Sale Tean Road, Stoke-on-Trent, ST10

£270,000- Detached Bungalow

Yield: 2.5%
1 of 15
Yield: 2.5%
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  • Rental Guide: £450 - £565
  • 2 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Substantial Detached Bungalow
  • Established Enclosed Corner Plot
  • Close Proximity To Amenities
  • 2 Double Bedrooms
  • 2 Separate Reception Rooms
  • Huge Amount Of Potential
  • Ample Parking & Garage
  • Epc Rating E
Last Updated: 28th January 2020

Description

Offering a huge amount of potential and scope for personalisation, consideration of this quite unique bungalow is highly recommended to appreciate its dimensions, layout and position.

The loft space provides scope for conversion (subject to obtaining the necessary consents/permission) to make the living accommodation even bigger.

Situated on the edge of the town centre, the property is within walking distance to local convenience shops and schools, plus the range of amenities found in the town centre are also within close proximity.

Accommodation
A uPVC part obscure double glazed entrance door leads to the welcoming L-shaped hall which has built-in storage, hatch with pull down ladder to the loft and doors to the generously proportioned accommodation.

The lounge enjoys an abundance of natural light provided by dual aspect windows and patio doors leading to the rear garden, plus a focal coal effect fireplace with feature surround.

The separate dining room that could be utilised as a third bedroom is required, has a deep walk-in bay window to the front and a focal fireplace.

At the rear of the property is the dining kitchen which has a range of base and eye level units with fitted work surfaces and inset sink unit set below a window, space for a gas cooker and further window to the side. There is also a built-in pantry. A door leads to the rear porch/utility which has a fitted sink unit, space for appliance and doors to the garden, the useful store which has a freestanding central heating boiler and to the separate w.c.

The two double bedrooms each have fitted wardrobes. Completing the accommodation is the fitted family bathroom which has a white four-piece suite incorporating both a panel bath and a separate shower cubicle with fully tiled walls and window to the rear.

The loft space has windows to both side elevations and is fully boarded (12.87m maximum, 10.10m minimum x 3.84m).

Outside
To the rear is a paved patio giving access to a useful store/shed (former garage) and a gate to the garden which is predominantly laid to lawn extending to the side elevation with well stocked borders and a further seating area enclosed by mature hedges and fencing.

To the front is a gravelled driveway accessed via wrought iron double gates providing off road parking for several vehicles leading to an attached garage which has an electric roller door and a workshop behind.

To view this detached bungalow on a corner plot please contact John German Uttoxeter office[use Contact Agent Button].

Tenure: Freehold (purchasers are advised to satisfy themselves as to the tenure via their legal representative).
Services: Mains water, drainage, electricity and gas are believed to be connected to the property but purchasers are advised to satisfy themselves as to their suitability.
Useful Websites: Our Ref: JGA/23012020
Local Authority/Tax Band: Staffordshire Moorlands District Council / Tax Band D 
Agent Details
John German
9a, Market Place, Uttoxeter, ST14 8HY
Show Contact Number
01889 567 444

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.
2.1

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:
£8100
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.
2

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
2 Bedroom properties in “ST10” are mostly listed between £450 - £565. 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