4 bedroom semi-detached for sale

£450,000

4

Bedrooms

1

Bathrooms

Floorplan

Spacious 4-bed semi in Greenways catchment! Lounge, dining room, modern kitchen, 4 beds, south facing garden, garage. Near station, park & seafront. Needs updating but great potential and no chain!

Situated in a fantastic location close to Southend East railway station, Southchurch Park, and the stunning seafront, this spacious four-bedroom semi-detached family home offers exceptional potential. The property falls within the highly desirable Greenways school catchment, making it particularly attractive to the young family market. Offered with no onward chain for a seamless purchase, the property requires some general modernisation, presenting an excellent opportunity to add value and create your dream family home. The ground floor features a comfortable lounge and separate dining room offering flexible living arrangements, plus a modern fitted kitchen and convenient cloakroom.
Upstairs, four well-proportioned bedrooms provide generous accommodation for growing families, complemented by a contemporary fitted shower room with modern fixtures. The property benefits from predominantly double-glazed windows and gas central heating. The south-facing rear garden captures beautiful natural light throughout the day, creating a delightful outdoor space for family activities and entertaining. A shared driveway provides convenient access to a garage for secure parking and storage.
This represents an ideal opportunity for families seeking a spacious home in a prime location with excellent schools, amenities on the doorstep. We strongly recommend viewing to appreciate the scale and potential this wonderful property offers.

Accommodation Comprising - Open porch with composite double glazed front door providing access to...

Entrance Hall - Radiator, staircase to first floor with understairs storage cupboards, doors off to...

Lounge - 4.67m into bay x 4.17m (154 into bay x 138) - Double glazed bay window to front, radiator, feature corner tiled fireplace with matching hearth, coved ceiling with ceiling rose...



Dining Room - 3.96m x 3.76m (13 x 124) - Large double glazed window to rear, radiator, corner fireplace with inset gas fire and also serving as back boiler system for the central heating & hot water system...



Kitchen - 3.05m x 2.49m (10 x 82) - Range of modern fitted base units with toning roll edged working surfaces over, inset single drainer stainless steel sink unit, electric cooker with extractor hood over, space and plumbing for washing machine and slimline dishwasher, space for fridge/ freezer, matching range of wall mounted units, tiled splashbacks, smooth plastered ceiling with inset spotlights, double glazed door and window to...



Upvc Lobby - Double glazed door to garden and window to side, door to...

W.C. - White low level W.C., corner wall mounted wash hand basin, tiled splashbacks, wall mounted electric fan heater, window to rear...

First Floor Landing - Built in storage cupboard, doors off to...

Bedroom 1 - 4.19m into bay x 3.81m (139 into bay x 126) - Double glazed bay window to front, radiator, feature cast iron fireplace, smooth plastered ceiling...



Bedroom 2 - 3.86m x 2.79m (128 x 92) - Double glazed window to rear, radiator, fitted storage cupboard...

Bedroom 3 - 3.02m x 2.39m (911 x 710) - Double glazed window to rear, radiator, smooth plastered ceiling...

Bedroom 4 - 2.59m x 2.44m (86 x 8) - Double glazed oriel bay window to front, radiator...

Shower Room - 2.95m x 1.57m (98 x 52) - Suite comprising large walk in glazed shower cubicle, pedestal wash hand basin, low level W.C., radiator, tiled splashbacks, smooth plastered ceiling with loft access, obscure glazed window to side...

Externally -

Front Garden - Path to front door, bounded by brick wall with flower/ shrub borders, shared driveway to side providing access to...

Garage - With up & over door, personal door to garden...

Rear Garden - Approx. 50 in depth, south facing comprising paved patio area, remainder mostly laid to lawn with established flower/ shrub borders, glazed timber shed, personal door to garage...





Features
  • Freehold

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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

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£

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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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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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