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£650,000 Offers over
Bedrooms
Bathrooms
The property is also within walking distance of the very popular seafront and sits within the sea breeze of the beach and beachfront amenities. Alongside this great local amenities can be found nearby being within a 5 minute walk of Jones Corner shopping plaza and only a 10 minute walk from Canvey Islands main town centre.
The Property
This colossal build has just hit the market constructed by well-known builder Graham Hyde and maintained lovingly since built by the current owners. The home sits on gigantic plot with gated entrance leading to very large block paved driveway with decorative greenery surrounding the frontage, the home has imposing kerb appeal with detached double garage and characterful architecture and welcomes you in with spacious hallway providing access to larger than average study alongside expansive lounge area enveloped with natural light throughout which opens up via double doors to dining room which flows through to conservatory. The ground floor is also comprised of modern and contempary downstairs W/C and extra-large gloss fitted kitchen with integrated appliances and separate utility room with access to rear garden. This all branches off of T shaped hallway which provides access to the upper floor where four double bedrooms reside with three piece en suite to the master bedroom with walk in shower. The family bathroom suite completes the home with gorgeous three piece suite fitted coming off of large landing area to finish off this fabulous family home. The home is then complimented by vast rear garden space with wrap around plot and large sideage. The plot allows tons of potential to extend (STPP) and is includes Jacuzzi to remain. The home also has potential to extend upwards into the loft to create a 6 bedroom, 3 story home.
Council Tax Band: E
Age of Boiler: 2010 Serviced
Age of Soffits; 2006
Garden Fences: Left and Right
Garden Direction: South/West
Loft: Eaves storage + potential to extend upwards (STPP)
Parking: Ample Off Street behind gated entrance
Catchment: Canvey Junior School
Bus Links: 22/27/21
Station: Benfleet C2C
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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