4 bedroom chalet for sale

£550,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

GUIDE PRICE 550,000-575,000. NORTH GRAYS - CHAIN FREE - FOUR BEDROOMS - GREAT LIVING SPACE. Ashley Bennett estate agents bring this LARGE FOUR bedroom DETACHED chalet/bungalow to the market located in NORTH GRAYS. This property is perfect for the growing family looking for OUTSTANDING Schools, Shops, Bus links, Lakeside and M25/A13 with links into London. On the ground floor the property has a spacious entrance hallway, 22 Kitchen/Diner, conservatory, bright and airy lounge, two double bedrooms and a three piece bathroom suite. Working your way to the first floor the property continues to impress with a shower room and two further bedrooms with eaves storage. The rear garden is laid to lawn with a block paved patio, detached garage making this an ideal office space/games room, side access, off street parking for three/four cars, gas central heating, large storage cupboard, double glazing and NO CHAIN.


General Information
Council Tax Band: E, 2,322 Per Annum

IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.

The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as guide to prospective buyers only and are not precise.

If floor plans where included, these may not be to scale, and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.

LOCAL AUTHORITY
Thurrock Council

POSTCODE FOR SATNAV
RM17 5PR

POSSESSION
Vacant possession upon completion

VIEWING
Viewing strictly by appointment through the Agent.

MORTGAGE INFORMATION
Ashley Bennett Estate Agents offers an independent in-house mortgage broker, which is regulated by the Financial Conduct Authority for mortgages, life assurance and general insurance. Our independent advisers will be advised of all offers made. They have a wealth of experience in the highly competitive area of mortgage rates and available products. By arranging an appointment to discuss your requirements, you will receive professional and independent mortgage advice that will be entirely appropriate to your own circumstances, this may well save you money and may even speed up the whole transaction.

DISCLAIMER
Your home may be repossessed if you do not keep up repayments on a mortgage. Please contact our Independent Financial Adviser on who is Authorised & Regulated by the Financial Conduct Authority.

SURVEYS
Ashley Bennett Estate Agents can recommend a range of surveys for prospective homebuyers which are undertaken by Chartered Surveyors. They can carry out Building Surveys, Home Buyer Reports or Condition Reports on a wide range of property types. If you would like to arrange a survey on this property or on any other property you might be considering, please contact us on .

RESIDENTIAL LETTINGS & MANAGEMENT
If you already have or are considering purchasing a property to let please contact our office for specialist advice or email

Anti-Money Laundering (AML)
As part of our legal obligations under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, estate agents are required to carry out Anti-Money Laundering (AML) checks on all clients purchasing a property. This process is essential to prevent financial crimes such as money laundering and terrorist financing.

You will be charged a non-refundable fee of 50 + VAT (60) to cover the costs associated with conducting the required AML checks from our 3rd party provider. These checks are mandated by law and must be completed before we can proceed with processing your offer.



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

£ 456450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 13750
  • 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

£ 43950
  • 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

Adjust these figures

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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

Adjust these figures

  %

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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