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£475,000
Bedrooms
Bathrooms
Aspire Estate Agents Canvey are proud to present this stunning three-bedroom detached bungalow, situated in a peaceful cul-de-sac on Elderstep Avenue, Canvey Island. This beautifully refurbished home is ready to move into, offering a perfect blend of comfort and convenience.
The property features a spacious utility room, a bright conservatory, and an integral garage. Outside, youll find a well-maintained garden and driveway parking for 3-4 cars, making it ideal for families or those who love to entertain.
Formerly known as Canvey-on-Sea, Canvey Island gained popularity as a beloved family holiday destination in the 1960s and 1970s. Its history dates back to the 17th century when Dutch refugees helped shape the town, leaving behind the iconic Dutch Cottage estate.
Once an agricultural hub, Canvey Island experienced rapid growth between 1911 and 1951, becoming one of the fastest-developing seaside towns. Today, it offers excellent value for homebuyers, along with a beautiful beachfront, seafront walkways, and thriving wildlife areas.
For commuters, Canvey Island provides direct transport links to London Fenchurch Street and Liverpool Street via Benfleet C2C Railway Station, conveniently located at the Canvey IslandBenfleet border. Additionally, the ongoing expansion of the Canvey Island Retail Park brings an ever-growing selection of major stores and amenities to the area.
?? Contact Aspire Estate Agents Canvey today to arrange a viewing of this fantastic 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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