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£280,000 Guide Price
Bedrooms
Bathrooms
'Guide Price 280,000 - 300,000'
Positioned in the Westcliff-On-Sea area overlooking the seafront, this second-floor apartment combines generous living space with great opportunity to make your own. Enjoy a peak at estuary views from your private balcony and relax sipping your morning coffee listening to the waves.
Inside are two spacious double bedrooms, a bright and airy lounge/diner, plus a kitchen with plenty of base and wall units for storage. The private balcony can be accessed from both the lounge/diner and bedroom 1. The home benefits from underground parking and secure entry system meaning extra security.
The building is surrounded by well maintained greenery, adding to the serenity of this location. With transport links nearby, plus an abundance of coastal amenities and entertainment, residents are happy to live here.
Measurements - Lounge/Diner
236 x 123 (7.16m x 3.73m)
Kitchen
118 x 86 (3.56m x 2.59m)
Bedroom One
146 x 107 (4.42m x 3.23m)
Bedroom Two
129 x 110 (3.89m x 3.35m)
Bathroom
W/C
Interior - Stepping into the flat, youll find a spacious hallway with ample storage closets. The open-plan lounge and dining area is large and versatile with furniture, from here you have direct access to a balcony via sliding doors that offers partial estuary views. The kitchen is equipped with hob and oven, with plenty of base and wall units, perfect for those who love to cook. Both double bedrooms are generously sized with storage built in.
Exterior - This apartment is set within a well-kept development featuring secure entry systems, a welcoming communal lobby and convenient lift access to all floors. Residents enjoy access to beautifully landscaped communal gardens, an ideal spot to relax and unwind just steps from home. The property also offers the added benefit of private underground parking, along with visitor parking for added convenience.
Location - Located in Westcliff-on-Sea, this apartment enjoys a sought-after setting just moments from the sea front, with outstanding transport connections close by. The nearby c2c rail service offers a direct route to London Fenchurch Street, making commuting seamless. Just a few minutes walk to the beach, a variety of popular restaurants and shops that are sure to make everyday fun. The area also boasts top-rated schools and plentiful green spaces, making it an ideal choice for both convenience and lifestyle.
School Catchments - Barons Court Primary School
Milton Hall Primary School
Belfairs Academy
Tenure - Leasehold.
Ground Rent: 105.00 annually.
Annual Service Charge: 3200.00.
150 years remaining.
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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