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87 Park Lane, Hornchurch
£800,000
Bedrooms
Apple Property Services are delighted to offer for sale in this spacious 4 bedroom detached chalet bungalow in this sought after location, offering excellent access to Hornchurch station, High Street and local schools. Accommodation to the ground floor comprises a porch, entrance hall, two bedrooms, family bathroom, study, dining area, lounge, modern fitted kitchen and orangery. To the first floor the is a spacious landing and two further bedrooms, both with en suites. Externally the property offers off street parking with own drive to garage and an easy to maintain gardens with a timber lodge. To arrange your viewing please call us on at your earliest convenience.
Entrance Hallway
Laminate flooring, under storage cupboard, doors to:
Bedroom One 102 x 137 into bay
(3.10m x 4.14m into bay) Bay window to front, carpet flooring, radiator
Bathroom 57 x 8 (1.70m x 2.44m)
Tiled flooring, tiled walls, low level WC, wash hand basin, bath with shower attachment over, heated towel rail, window to side
Study 99 x 102 (2.97m x 3.10m)
Carpet flooring, radiator, window to side, stairs rising to first floor landing
Bedroom Two 113 x 102 (3.43m x 3.10m)
Carpet flooring, radiator, window to front
Living Room max 245 x 142 (7.44m x 4.32m)
Laminate flooring, radiator, doors leading to conservatory, door to:
Kitchen
Lino flooring, range of wall and base units with granite worktop over, two windows to side, door to conservatory, door to utility room, space for dishwasher, fridge/freezer, oven
Utility Room 46 x 99 (1.37m x 2.97m)
Lino flooring, space for washing machine and tumble dryer, boiler
Conservatory 212 x 74 (6.45m x 2.24m)
Tiled flooring, two windows to side, sky lantern, bi fold doors to rear garden
First Floor Landing
Laminate flooring, window to front, storage cupboard, doors to:
Bedroom Three 151 x 93 + wardrobes maximum
(4.60m x 2.82m + wardrobes maximum) Laminate flooring, radiator, window to rear, door to:
WC 42 x 55 (1.27m x 1.65m)
Laminate flooring, low level WC, wash hand basin
Bedroom Four 164 x 136 (4.98m x 4.11m)
Laminate flooring, radiator, window to rear, fitted wardrobes to one wall, door to:
En Suite 55 x 88 (1.65m x 2.64m)
Tiled flooring, low level WC, wash hand basin shower cubicle, obscure window to front
Front Garden
Extensive driveway providing off road parking for several vehicles
Rear Garden
Patio area, fully enclosed by fencing
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.
87 Park Lane, Hornchurch
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