4 bed house for sale

£450,000 Offers in excess of

4

Bedrooms

2

Bathrooms

2

Reception

Floorplan

Ideal Buy-to-Let Investment or family home. Guide Price: 450,000 - 470,000

Beautiful lovely family home. Very spacious and loads of potential. Ideal family home or Buy-to-let investment. Anglowide Estates are pleased to offer for sale this very beautiful large four bedroom semi-detached house in Dagenham, RM8. Located less than five minutes walk from the popular Green Lane, with easy access to both Goodmayes station and Chadwell Heath station (both walking distances) as well as Becontree underground station. Goodmayes Park is only five minutes walk away. This property is situated within catchment area of some of the best schools in the Borough. Comprises four beautiful bedrooms, two toilets and bathrooms (one upstairs and one downstairs), two separate receptions, spacious kitchen with dinning, 70ft rear garden, additional side access, and a driveway/offstreet parking of upto five cars. Huge loft space capable of two double bedrooms with toilet/shower upon conversion. Potential for rear extension. Planning permission will be fairly easy as neighours have extended and converted loft.

Benefits: Gas central heating, double glazed, fitted kitchen. This property is superbly looked after. In very good condition.

Cash buyers preferred.

Viewing is strongly recommeded. So call now to book.

Room Sizes:

Masterbedroom: 3.9m x 3.54m

Bedroom Two: 3.8m x 2.09m

Bedroom Three: 3.6m x 2.99m

Bedroom Four: 2.91m x 2.36m

Reception One: 4.4m x 3.86m

Reception Two: 3.6m x 2.99m

Kitchen: 3.86m x 3.6m

Ground Floor Toilet: 2.0m x 0.8m

First Floor Toilet and Shower: 2.1m x 1.7m

Garden: 70ft long x 10m wide

Driveway: Upto 5 cars


EPC and Floor plan are available on request.

Sale by Tender. Fee Applies



Features
  • Freehold

Nearest Stations:

0.66 miles
Chadwell Heath
0.7 miles
Goodmayes
1.18 miles
Seven Kings
1.36 miles
Becontree
1.62 miles
Dagenham Heathway

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

£ 373950

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
    £ 11250
  • 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

£ 36450
  • 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

Adjust these figures

  %

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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