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23 Lodge Lane, Grays, Essex, RM17 5RY
£760,000
Bedrooms
Bathrooms
Reception
Ali & Co are honoured to present this luxury 5 BEDROOM FAMILY HOME, Detached Chalet Bungalow with a modern 7mx3.5m rear extension.
This property offers exceptional living space with ample car parking on the block paved drive, with access to a garage, as you enter the front door you are met with a tastefully decorated hallway with skylight and a glass banister.
The property offers on the ground floor Bedroom1, Bedroom 2, Bedroom 3, office, family bathroom, then double doors leading to a fantastic open plan kitchen/lounge with huge bi folding doors leading to the landscaped garden.
The kitchen is fully equipped and also has a large kitchen island.
Fully tiled through the ground floor giving a modern luxury look.
Upstairs you have a further master bedroom, bedroom 5 and a family bathroom.
The outbuilding offer another living space a bedroom and a third bathroom.
No expenses had been spared on this luxury home.
Call now to arrange a viewing
Entrance Hall
Open Plan Kitchen/Diner/Living Room 30'3'' x 25'7''
Utility Room 12'7'' x 4'7
Bathroom 11'4'' x 7'1''
Office 12'8'' x 7'3''
Bedroom Two 16'4'' x 12'3''
Bedroom Three 14'6'' x 12'3''
Bedroom Four 13'4'' x 9'9''
Master Bedroom 16'2'' x 14'2''
Bedroom Five 13'3 x 12'5''
Bathroom 7'9'' x 6'2''
Outbuilding/Annex Living Space 27'2'' x 14'0''
Outbuilding Bedroom 10'3'' x 9'5''
Ensuite 10'3'' x 3'2''
Garage 17'2'' x 9'3''
Council Tax Band: E
Tenure: Freehold
Parking options: Off Street
Garden details: Private Garden
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.
23 Lodge Lane, Grays, Essex, RM17 5RY
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