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£549,995
Bedrooms
We are delighted to offer this beautiful family home in a quiet, sought after turning just a mile from Gidea Park train station. With plans drawn up for a loft extension master bedroom with ensuite and having been updated / maintained to a very high standard by the current owner, you can literally walk in, unpack and relax. Very good size rooms, low maintenance south east facing garden and detached garage, window shutters to front, large kitchen / diner, off street parking and lots more. Call now to arrange your viewing.
Paved driveway to front with shared access to side provides off street parking. UPVC front door leads into.......
Hallway;
Lovely light and spacious hallway with karndean flooring, ornate cornice and neutral decor, offering access to living room and kitchen / diner. Space for understairs w/c to be added if preferred.
Living room; 4.6m x 3.8m
A large living room with fitted window shutters to front offering kerb appeal provides more than enough light and space for multiple sofas. The ornate cornice, spot light fittings and Victorian radiator aswell as neutral decor and continuation of Karndean flooring means this room is perfect for entertaining.
Kitchen / Diner; 5.8m x 3.6m
The Heart of the Home!! The beautiful and modern kitchen offers it all!! Bi folding doors opening up to the south facing garden, high quality units with quartz worksurface, large 5 ring gas hob with mid level oven and microwave, under unit / pelmet lighting, wine cooler, dishwasher and washing machine space. Finished off with tiled flooring and ample space for dining furniture.
Wooden carpeted staircase leads to first floor landing with double glazed window to side
Bedroom 1; 3.7m x 3.6m
Situated at the front of the property the master bedroom benefits from fitted window shutters, neutral decor, radiator, spot light fittings, carpeted floor and ample space for king size bed and wardrobes
Bedroom 2; 3.6m x 3.1m
Another very good size double bedroom overlooking the rear garden and offering carpeted flooring, spot light fitting, radiator, lots of space for double bed and furnishings
Bedroom 3; 2.6m x 2.2m
A good size single bedroom with carpeted flooring, radiator, spot light fitting, fitted window shutters
Bathroom;
Fully tiled walls and flooring compliment the modern 3 piece suite consisting of panelled bath with rainforest shower over and screen. Low level w/c and wash hand basin set in floating vanity unit.
South facing Garden; Approx 50ft
Exiting the property via the bi-folding doors in kitchen / diner the garden commences with a large decked area perfect for entertaining and enjoying the 'all day' sunshine. Space for garden dining and living furniture, then steps down to artificial grass and paved path to side leading down to a hard stand area with storage units and access into the detached single garage.
We feel this property offers so much for the growing family and being within catchment of local schools and walking distance to train station, offers it all.
The current owners have plans drawn up for a loft extension to add a master bedroom with ensuite providing the option of turning into a large 4 bed family home.
EPC - D
Council tax band - D
Map location is not available for this property.
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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