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£425,000 Guide Price
Bedrooms
Bathrooms
A Characterful Edwardian Home with Rare Off-Street Parking Hainault Avenue, Westcliff-on-Sea
This beautifully restored three-bedroom semi-detached Edwardian home, built circa 1910, is full of charm and period character, while offering a thoughtfully updated interior and rare amenities for the area. Located on one of Westcliff-on-Seas most desirable roads, this property benefits from off-street parking and a garagean exceptional advantage in this location.
The home showcases a wealth of original features, including stained and coloured glass, intricate decorative plasterwork, and original fireplacesEdwardian in the bedrooms and 1930s in the downstairs reception rooms. The ground floor is laid with elegant parquet flooring, while the upstairs retains its original solid wood floorboards, reflecting the care and respect given to this homes heritage by the current owners. All windows are double glazed and installed recently, with the back windows having a period-appropriate sliding sash design.
The open-plan kitchen/diner is a standout space, fitted with a Belling range cooker, Russell Hobbs appliances, quartz worktops, and stylish cabinetry. A door from the kitchen leads directly into the garage, which is spacious enough to be partially converted into a utility rooma plan the current vendors were intending to carry out. The garage also benefits from new doors and the ability to park across the drive.
The first floor offers three well-proportioned bedrooms and a beautifully designed three-piece family bathroom, with shower over the bathtub, and striking wall and floor tiling that blends classic and contemporary style. The home is fitted with a modern boiler (approximately three years old), as well as a CCTV and intruder alarm system for peace of mind.
Living Room - 4.73 x 3.74 (156' x 123') -
Kitchen/Diner - 582 x 4.5 >2.62 (19095' x 149' >87') -
Garage - 8 x 2.09 (262' x 610') -
Bedroom - 4.67 x 3.58 (153' x 118') -
Bedroom - 3.79 x 3.58 (125' x 118') -
Bedroom - 2.38 x 1.8 (79' x 510') -
Bathroom -
Garden - approx 16.76m (approx 55) -
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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