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£500,000 Guide Price
Bedrooms
Bathrooms
'' GUIDE PRICE 500,000 - 525,000 '' We are delighted to offer this extended and much improved characterful terraced family home offering spacious and versatile accommodation comprising of a front lounge and a dining room leading into the open plan kitchen/ breakfast room with a cloakroom completing the ground floor accommodation. With five bedrooms, a home office and two modern bathrooms arranged over the upper two floors there is plenty of space for even the largest of families. Externally you will find off street parking for two cars and an approx. 75 rear garden. Situated in a great location close to Southchurch Park, Southend East rail station, the seafront and within Greenways School catchment we would recommend an internal viewing to truly appreciate the size and quality of the accommodation on offer.
Accommodation Comprising - Timber front door with double glazed coloured lead lite panel providing access to...
Entrance Hall - Original coloured lead lite windows to front, radiator, staircase to first floor, wood flooring, dado and picture rails, coved ceiling with ceiling rose, doors off to...
Lounge - 4.72m into bay x 4.62m (156 into bay x 152) - Large double glazed bay window to front with fitted plantation shutters, radiator, feature fireplace with tiled inserts, timber surround with overmantel and slate hearth, wood flooring, dado and picture rails, coved ceiling with ceiling rose...
Dining Room - 3.99m x 3.68m (131 x 121) - Radiator, feature open fireplace with timber surround and overmantel, wood flooring, coved ceiling with ceiling rose, opening to...
Kitchen/ Diner - 4.98m x 2.51m plus 3.53m x 2.72m (164 x 83 plus - L shaped kitchen/ diner running full width of property with a range of fitted base units with toning roll edged working surfaces over, inset single drainer ceramic sink unit, gas range cooker with extractor hood over, space and plumbing for washing machine and dishwasher, matching range of wall mounted units, tiled splashbacks and flooring, two radiators, two double glazed skylight windows, double glazed french doors and two double glazed windows to rear garden...
Cloakroom - White suite comprising low level W.C., wall mounted wash hand basin, tiled splashbacks, extractor fan, wood flooring...
First Floor Landing - Staircase to second floor, dado and picture rails, doors off to...
Bedroom 1 - 4.70m into bay x 4.34m (155 into bay x 143) - Large double glazed bay window to front with fitted plantation shutters, radiator, range of fitted wardrobe cupboards, picture rail, coved ceiling...
Bedroom 2 - 3.99m x 3.28m (131 x 109) - Double glazed window to rear, radiator, feature fireplace with tiled inserts and timber surround with overmantel, picture rail, coved ceiling...
Bedroom 3 - 2.62m x 2.41m (87 x 711) - Oriel double glazed bay window to front with fitted plantation shutters, radiator, picture rail...
Home Office/ Hobby Room - 2.79m x 1.85m (92 x 61) - Double glazed window to rear, radiator, picture rail...
Bathroom - 2.95m x 1.50m (98 x 411) - Modern white suite comprising panelled bath with mixer tap and shower attachment, folding glazed shower screen, pedestal wash hand basin, low level W.C., heated towel rail, tiled splashbacks, smooth plastered ceiling with inset spotlights, extractor fan, obscure double glazed window to rear...
Second Floor Landing - Skylight window to front, doors off to...
Bedroom 4 - 3.86m x 3.53m (128 x 117) - Two double glazed windows to rear, radiator...
Bedroom 5 - 5.13m x 2.59m (1610 x 86) - Two double glazed skylight windows to front, radiator, access to eaves storage cupboards...
Bathroom - 2.46m x 1.70m (81 x 57) - Modern white suite comprising panelled bath with mixer tap and shower attachment, folding glazed shower screen, pedestal wash hand basin, low level W.C., heated towel rail, tiled splashbacks and flooring, large built in storage cupboard, extractor fan, smooth plastered ceiling with inset spotlights, obscure double glazed window to rear...
Externally -
Front Garden - Block paved providing off street parking for two vehicles...
Rear Garden - Approx. 75 in depth comprising raised timber decked patio area, remainder mostly laid to lawn with established flower/ shrub borders, timber shed...
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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