4 bedroom detached for sale

£850,000 Offers in excess of

4

Bedrooms

3

Bathrooms

Floorplan

Positioned on one of Leigh-On-Seas most prestigious turnings, this substantial and extended four double bedroom detached home offers a rare opportunity to create your perfect family residence. Offered with no onward chain, the property boasts generous and versatile living space including ample receptions rooms, a spacious kitchen/breakfast room, utility, bar and ground floor w.c together with excellent size bedrooms, a five piece family bathroom suite and further w.c to the first floor. Outside there is a lovely established rear garden, garage and off street parking for numerous vehicles via sweep in and out driveway. While some general modernisation is required, the property has been competitively priced to reflect its potential.
Situated in the highly regarded Woodlands Park, this home is just a short stroll from Belfairs Woods and Golf Course and close to a range of local amenities, shops, and supermarkets. Leigh-on-Sea mainline stationoffering direct services to London Fenchurch Streetis also just a short drive away. Families will appreciate the excellent local schooling, with the property falling within the catchments for Westleigh Primary and Belfairs Academy. Dont miss this fantastic opportunity, contact us today to arrange your viewing!

/ Substantial & Extended Four Double Bedroom Detached Residence/ No Onward Chain/ Rare Opportunity To Create Your Perfect Family Home/ Approximately 2500 Square Foot Of Accommodation/ Versatile & Spacious Receptions Rooms/ Large Kitchen/Diner/ Bar/ Ground Floor W.C/ Five Piece Family Bathroom Suite & Further W.C/ Lovely Established Rear Garden/ Garage/ Off Street Parking For Numerous Vehicles Via Sweep In & Out Drive/ Walking Distance To Woods/ Westleigh Primary & Belfairs Academy School Catchments/ Easy Access To Leigh Station/ Viewings Advised


Solid wood entrance doors opening to:
Entrance Porch Power points, entrance door with obscure glazed inserts opening to:
Entrance Hall 176 x 137 L Shaped Maximum Measurements Fitted carpet, storage cupboard housing alarm keypad, radiator, power points, stairs with timber balustrade leading to first floor, wall light point, doors to accommodation off.
Lounge/Family Room 311 Max x 2211 Large open plan and versatile reception areas. Having fitted carpet, power points, T.V points, radiators, underfloor heating, wall light points, windows to front and side, further double glazed window to rear with double glazed sliding patio doors adjacent leading to garden, door to and from kitchen, feature brick fireplace, fitted storage units.
Dining Room 1210 x 1010 Fitted carpet, power points, radiators, T.V point, wall light points, doors to:
Kitchen/Breakfast Room 164 x 12 Double bowl sink with moulded drainer inset into roll edge worktops with cupboards and drawers beneath and matching eye level units, integrated oven, inset four ring hob with grill and extractor above, breakfast bar facility, tiled walls, T.V point, power points, under cupboard lighting, double glazed window to rear, door to:
Utility Room 24 x 61 Sink and drainer unit inset into roll edge worktops, ample storage units, door to rear leading to garden and further door to front leading to sideway and garage, tiled walls, two radiators, power points.
Bar 1011 x 94 Max (ideal to convert to study). Windows to front, fitted car, built in bar and storage, power points, inset spotlights.
Ground Floor W.C Two piece suite comprising push button w.c, wash basin, half tiled walls, obscure window to side.
Landing 215 x 67 Increasing To 86 Fitted carpet, window to front, power points, loft access hatch, doors to accommodation off.
Bedroom One 1711 x 117 Windows to front and rear, fitted carpet, power points, T.V point, fitted wardrobes, radiator, wall light points.
Bedroom Two 1211 x 1011 Window to rear, fitted carpet, power points, radiator, T.V point, walk in wardrobe with fitted carpet and further window to side.
Bedroom Three 122 x 1011 Window to rear, fitted carpet, radiator, power points, T.V point.
Bedroom Four 146 Into Wardrobe Depth x 85 Plus Recess Double glazed window to front, fitted carpet, fitted wardrobes, power points, T.V point, radiator.
Bathroom 133 x 105 Five piece suite comprising large corner panelled bath, shower cubicle with shower over, bidet, low flush w.c, his and hers vanity wash basins with storage below, obscure windows to side, large storage cupboard, tiled walls.
Separate W.C Two piece suite comprising low flush w.c, wash basin, window to front, wall light point.
Rear Garden The property benefits form this lovely established rear garden commencing with area laid to patio whilst the remainder is mainly laid to established lawn flower beds, shrubs and trees surrounding, timber shed, outhouse housing outside toilet, outside taps, side access to front.
Front Garden Large sweep in and out driveway providing off street parking for numerous vehicles with central lawn and retaining brick wall, further lawn adjacent.
Garage 1711 x 142 Personal doors to hallway and sideway, electric up and over door to front, power and light connected.




PLEASE NOTE:-
We recommend our customers use our panel of Conveyancers/Solicitors. It is your decision whether you choose to deal with our recommendation, and you are under no obligation to do so. You should know that we may receive a referral fee of 150 to 200 per transaction from them.Should you arrange a Mortgage through our recommended mortgage advisor, again of which there is no obligation we will receive a commission fee. The amount of commission will depend on the size of the loan and any associated products that you decide to take.The Consumer Protection from Unfair Trading Regulations 2008 (CPRs).These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions or fitness for purpose. No apparatus, equipment, fixture or fitting has been tested. Items shown in photographs are NOT necessarily included. Interested Parties are advised to check availability and make an appointment to view before travelling to see a property.


Features
  • Freehold

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £3,675.97

Total Interest: £473,348.61

Overall Total: £1,323,348.61

Amortization For Monthly Payment: £3,675.97 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£26,949.74 £17,161.88 £832,838.12 
2026£26,392.44 £17,719.18 £815,118.94 
2027£25,817.03 £18,294.59 £796,824.36 
2028£25,222.94 £18,888.68 £777,935.68 
2029£24,609.56 £19,502.06 £758,433.62 
2030£23,976.26 £20,135.36 £738,298.26 
2031£23,322.40 £20,789.23 £717,509.04 
2032£22,647.30 £21,464.32 £696,044.71 
2033£21,950.27 £22,161.35 £673,883.37 
2034£21,230.62 £22,881.00 £651,002.36 
2035£20,487.59 £23,624.03 £627,378.33 
2036£19,720.43 £24,391.19 £602,987.14 
2037£18,928.37 £25,183.25 £577,803.89 
2038£18,110.58 £26,001.04 £551,802.84 
2039£17,266.23 £26,845.39 £524,957.45 
2040£16,394.47 £27,717.15 £497,240.30 
2041£15,494.39 £28,617.23 £468,623.07 
2042£14,565.09 £29,546.53 £439,076.54 
2043£13,605.61 £30,506.01 £408,570.53 
2044£12,614.97 £31,496.65 £377,073.88 
2045£11,592.16 £32,519.46 £344,554.43 
2046£10,536.14 £33,575.48 £310,978.95 
2047£9,445.83 £34,665.79 £276,313.16 
2048£8,320.11 £35,791.51 £240,521.64 
2049£7,157.83 £36,953.79 £203,567.85 
2050£5,957.81 £38,153.81 £165,414.04 
2051£4,718.82 £39,392.80 £126,021.25 
2052£3,439.60 £40,672.02 £85,349.23 
2053£2,118.83 £41,992.79 £43,356.44 
2054£755.18 £43,356.44 £0.00 

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 691,450

Mortgage Loan to Value

81%

Gross Yield

12%

Annual ROI

34%

Annual Rental Profit

£ 46,481

Cumulative Rental Profit

£ 464,808

Cost of Purchase

£ 53,950
  • Stamp Duty
    £ 30,000

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 21,250
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 55,519
  • Mortgage Interest
    £ 31,115

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £ 13,464
  • Letting Fee
    £ 240
  • Maintenance
    £ 10,200
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£ 945,418
  • Final Equity Profit
    £ 480,610

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £ 464,808

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£ 1,384,560

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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