3 bedroom semi-detached for sale

£500,000 Guide Price

3

Bedrooms

3

Bathrooms

Floorplan

Guide Price 500,000 - 525,000 Chain free! We are delighted to offer this 3 double bedroom linked semi detached family home, set in a beautiful turning just half a mile from Harold Wood train station and Elizabeth Line connections to centre and west London. Offering the potential to extend, whilst currently providing good size bedrooms, conservatory, large outbuilding and so much more, it must be viewed. EPC C, council tax band D

Holt road is a quiet turning, originally constructed as a private road with viewing green and is often visited / enjoyed by the local deer. A community feel greets you as you enter the road and with ample space / parking for all residents its the perfect home for a growing or established family.

A paved driveway with parking for up to 4 vehicles leads to garage and front door into....

Hallway with w/c and carpeted stairs to first floor

Kitchen; 3.7m x 2.6m ( 121 x 85 )

Living room; 4.6m x 3.7m ( 151 x 121 )

Conservatory; 3.3m x 3m (109 x 98 )

Master bedroom; 4.1m x 3.5m max ( 134 x 115 )

Ensuite; 1.7m x 1.6m ( 56 x 52 )

Bedroom 2; 4.1m x 2.8m ( 134 x 92 )

Bedroom 3; 3m x 2.4m ( 98 x 79 )

Bathroom;

Garden; 50ft

Garage; 5m x 2.5m ( 164 x 8 )

Outbuilding; 6m x 3m ( 196 x 98 )

EPC - C
Council tax band - D
Estate service charge approx 300 per annum

Broadband - Standard, Superfast and Ultrafast all available
Mobile phone network - Good coverage in and outside of the home (EE, O2, Vodafone, 3 )

Map location is not available for this property.

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

£ 415200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 12500
  • 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

Adjust these figures

£

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

£ 40200
  • 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.

£

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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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