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86-88, SS2 6HZ
£240,000
Bedrooms
Bathrooms
Reception
A 2 Bedroom ground and First floor maisonette situated at the rear of the building overlooking the large communal garden.
Own entrance door leads to the Lounge with large Kitchen and cloakroom/W.C to the ground floor. First floor, Two good sized bedrooms and bathroom with bath/shower over, W.C and basin.
The property has two allocated parking spaces to the rear and has a very large communal garden with paved are leading to a lawned area.
Situated in a convenient location close to bus routes, local shops and Rochford mainline railway approx. 1.5 miles away. The area is served with both Primary, Nursery and Secondary Schools.
King Georges playing field is under half a mile up the Road.
Double Glazed entrance door leading to
Lounge - 142 X 128 - Double glazed window to rear, Radiator, power points, Stairs to first floor and under stair store cupboard, door to;
Kitchen - 131 X 87 - Double glazed window to rear and side, base and eye level units, worksurface incorporating single drainer sink unit, part tiled walls, Breakfast Bar, Glo Worm wall mounted boiler. Radiator. Plumbing for washing machine, power points.
Cloakroom - Door to lobby area and door to W.C Obscure double glazed high level window to side, close coupled W.C, pedestal wash basin. Radiator.
Stairs to First floor;
Bedroom 1 - 143 X 101 - Double glazed window to rear and side, Radiator, power points.
Bedroom 2 - 114 X 104 - Double glazed window to rear, Radiator, power points.
Bathroom - 75 X 68 - Obscure Double glazed window to side, Panelled bath with shower over and glass shower screen, close coupled W.C, vanity unit with wash basin. Radiator.
Exterior Rear - Large communal garden, commencing paved area leading to lawn and pathway, timber store shed, allocated parking for 2 cars, the access to the side may be resticted for larger vehicles.
Agents Note - The Vendor is a relative/associate of a member of staff at Ayers & Cruiks.
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.
86-88, SS2 6HZ
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