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728a Green Lane, London, RM8 1YX
£390,000 Offers in excess of
Bedrooms
Bathrooms
Reception
No Onward Chain! Ideal family home! Calling all Investors and First-time buyers. Guide Price: 395,000
Anglowide Estates are pleased to present for sale this beautiful well looked-after versatile 3 bedroom home located in the popular Mayfair estate in Becontree Dagenham RM8. This property is very conveniently located for easy access to local amenities and public transport network. Becontree Leisure centre, Morrison, Asda and loads of other amenities within ever popular Whalebone Lane are all in walking proximity. Dagenham Heathway station (District Line) is less than ten minutes commute away, which offers easy access to Central Line. The property is within catchment area of some of the best schools in the Borough. And walkable distance of three of the best schools.This property boasts off-street parking (big driveway), extended living room offering big reception room and very spacious dinning area overlooking a lean-to/mini conservatory, brightly laid out kitchen, first floor family shower and toilet, two big double bedrooms, a spacious single bedroom, and rear garden with rear access to a small garage. There is also access to a spacious loft area giving potential for loft conversion.
Dimensions:
Ground Floor:
Reception Room: 13'8" x 11'10"
Lounge/Diner: 13'11" x 17'11"
Kitchen: 9'2" x 7'10"
Lean-To: 6' x 9'9"
First Floor:
Bedroom One: 13'8" x 10'9"
Bedroom Two: 11'7" x 10'9"
Bedroom Three: 9'3" x 6'9"
Bathroom: 5'10" x 6.9
Garden: 23' x 19'
Driveway: 24' Deep
Fee Applies
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
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.
728a Green Lane, London, RM8 1YX
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