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£525,000
Bedrooms
Bathrooms
This extended four bedroom semi detached family home is situated in a great location being close to Southchurch Park, the seafront, Southend East Rail station and within catchment for Greenways School. Offering spacious living accommodation with a front lounge and an extended 228 living/ dining room and 194 fitted kitchen both with access onto the approx. 70 rear garden. With four first floor bedrooms and a modern family shower room the property further benefits from off street parking for several vehicles and a large garage. Viewing is recommended.
Accommodation Comprising - Recessed storm porch with solid wood front door providing access to...
Entrance Hall - Staircase to first floor, understairs storage cupboard, radiator, wood flooring, doors off to...
Lounge - 3.84m x 3.91m (127 x 1210) - Double glazed bow bay window to front, radiator, wood flooring, coved ceiling...
Kitchen - 5.89m x 2.29m (194 x 76) - Comprehensive range of modern fitted base units with toning roll edged working surfaces over, inset single drainer stainless steel sink unit, integrated electric hob with concealed extractor hood over, separate integrated stainless steel double oven, integrated fridge, space and plumbing for washing machine and dishwasher, matching range of wall mounted units, breakfast bar, radiator, double glazed sliding patio doors to rear garden, opening to...
Living/ Dining Space - 6.91m x 3.45m (228 x 114) - Double glazed sliding patio doors to rear garden, two additional double glazed coloured lead lite windows to side, two radiators, wood flooring, coved ceiling...
First Floor Landing - Loft access with drop down loft ladder (we are advised that the loft space is partially boarded and there is a light), coved ceiling, doors off to...
Bedroom 1 - 3.81m x 3.76m (126 x 124) - Double glazed window to front, radiator, range of fitted wardrobe cupboards, coved ceiling...
Bedroom 2 - 4.22m x 3.33m 2.74m (max overall) (1310 x 1011 9 - Double glazed window to side, radiator, coved ceiling...
Bedroom 3 - 3.25m x 2.44m (108 x 8) - Double glazed window to rear, radiator...
Bedroom 4 - 2.84m x 2.06m (94 x 69) - Double glazed window to front, radiator, picture rail...
Shower Room - 2.46m x 1.60m (81 x 53) - Modern suite comprising large walk in glazed shower cubicle, vanity wash hand basin, low level W.C., tiled splashbacks and flooring, heated towel rail, extractor fan, obscure double glazed window to rear...
Separate W.C. - White low level W.C., obscure double glazed window to rear...
Externally -
Front Garden - Block paved providing off street parking for several vehicles and giving access to...
Garage - With up & over door, power & light connected...
Rear Garden - Approx. 70 in depth comprising large paved patio area, remainder mostly laid to lawn with further raised timber decked patio area, garden shed/ store, door to utility room on back of garage with power & light connected, gate offering side access...
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.
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