4 bedroom detached for sale

£600,000 Offers over

4

Bedrooms

3

Bathrooms

Floorplan

Located in one of Canvey Islands most prestigious areas, this stunning new listing on Marine Approach offers a rare opportunity for a motivated buyer. With the advantage of no onward chain and a peaceful cul-de-sac setting, this home is the perfect choice for those seeking their forever home.

Originally built in 1927, this charming property retains some of its original features, including beautiful stained glass windows. Over the past decade, the house has undergone multiple modifications and a substantial extension, blending modern touches with its timeless character.

Externally, the home boasts impressive curb appeal with its elegant rendered finish, complemented by pretty potted plants. A spacious lateral area and an elongated pathway, featuring a Velux window, lead to the front entrance.

The south-facing rear garden stretches 120 feet and is divided into two sections, with the far end fenced off separately. For garden enthusiasts, its the perfect canvas to make your own. Additionally, the garden features various seating areas, ideal for hosting family and friends.
Upon entering this stunning home, you are welcomed by a lobby that leads into a spacious entrance hall. The ground floor boasts a luxurious master bedroom, complete with a walk-in wardrobe/dressing area, providing a premium and classy feel. The second bedroom is a generously sized double with fitted wardrobes. A sleek, four-piece modern bathroom is also located on this floor.

Towards the rear of the home, youll find a traditional kitchen featuring a kitchen island/breakfast bar and integrated appliances, including a freezer, dishwasher, washing machine, butler sink, and wine cooler. Adjacent to the kitchen is a large lounge/diner with a cozy log burner and bi-fold doors that open up to an unoverlooked rear garden, creating a perfect blend of indoor and outdoor living.

The first floor offers two additional double bedrooms. The master bedroom comes with a modern en-suite, while the second bedroom includes a spacious walk-in storage area, ideal for converting into an office, snug, or playroom. Completing the first floor is a contemporary three-piece bathroom suite, featuring a roll-top bath, perfect for relaxation after a long day.

Dont miss out on this exquisite propertycall the AQ team today to schedule a viewing!



Features
  • Freehold

Mortgage Calculator

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 )

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

£ 497700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 15000
  • 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

£ 47700
  • Mortgage Interest
    £

    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)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %

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

£
  • Final Equity Profit
    £

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

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

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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