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£475,000
Bedrooms
Chain free!! We are delighted to offer this lovely 3 bedroom semi detached Victorian family home in a popular area of Hornchurch, within walking distance of Romford train station and town centre. Offering large living room, kitchen / diner, conservatory and large outbuilding to rear it must be viewed.
The property is located at the cul-de-sac end of Clydesdale Road and offers plenty of permit parking.
Brick boundary wall with gate leads into a small paved front garden and side access into the rear garden.
Open porch and composite front door into...............
Hallway;
Laminate flooring which runs through all of the ground floor. Carpeted stairs to first floor and storage under, radiator, neutral decor with ceiling lighting.
Living room; 5.1m into bay x 3.3m
A large living room with double glazed bay window to front provides ample natural light. Laminate flooring, neutral decor, coved ceiling with lighting
Kitchen / Diner; 5m x 2.3m
Spanning the width of the property, the kitchen / diner offers ample space for dining furniture whilst including fitted wall and base units with rolltop worksurface. Electric oven and hob with extractor over, stainless steel sink with mixer taps. Laminate flooring, splash back tiling with remainder neutral decor, radiator, ceiling lighting. 2 windows and patio door provides ample light and access into ........
Conservatory; 3.9m x 2m
A great addition to the property which provides the perfect space to enjoy the garden in all seasons. Ample space for lounge furniture, radiator, lighting and storage currently used to house washing machine, dryer and combination boiler.
Large windows and door provides access to garden.
Carpeted stairs leads to the landing with laminate flooring, neutral decor, double glazed window to side and loft access (loft boarded and insualted)
Bedroom 1; 4m into bay x 3.2m
Located at the front of the property bedroom 1 offers lots of natural light from the large bay window and benefits from carpeted flooring, neutral decor with coving, radiator and ceiling lighting
Bedroom 2; 3.3m x 3.2m
Overlooking the rear garden bedroom 2 benefits from built in wardrobes along one wall, laminate flooring, double glazed window, neutral decor and radiator.
Bedroom 3; 2.1m x 1.7m
Situated at the front of the property, bedroom 3 is a single bedroom complete with laminate flooring, radiator, neutral decor, ceiling lighting and coving.
Bathroom;
Fully tiled family bathroom with 3 piece suite of panelled bath with mains shower over and screen, low level w/c and wash hand basin. Vinyl flooring, chrome heated towel rail, obscured double glazed window, ceiling lighting.
Outbuilding; 4.6m x 4.5m
A large outbuilding which was once partly the garage offers a great space for converting into a gym / games room / office etc. Complete with own electric, water and waste plus neutral decor and lighting. To side an enclosed shed / storage room.
Garden approx 30ft
Commences with octagon paving which leads to outbuilding, remainder laid to lawn with fencing to side.
EPC D
Council tax band - C
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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