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£600,000 Guide Price
Bedrooms
Bathrooms
'''GUIDE PRICE 600,000 - 625,000''''
This well-presented 3-bedroom semi-detached house is available with no onward chain and is located in a sought-after road in Upminster. The property includes a south-facing rear garden extending over 130ft, providing an ideal outdoor entertaining space. Perfect for families, the house is conveniently situated near Good and Outstanding schools, ensuring access to quality education for children.
The property offers significant potential for customisation, with the option to convert the integral garage and/or extend to the rear, subject to planning permissions. Featuring a spacious kitchen diner, a front reception/living room, three well-proportioned bedrooms of which the main bedroom has been extended, and the possibility for further extension, this home provides a comfortable and adaptable living space to accommodate changing needs.
Located just a 15-minute walk from Upminster Station, which offers easy access to the C2C and District Line, commuting is convenient, making this property an ideal choice for professionals and families alike. With close proximity to local amenities, this residence meets the demands of modern living, offering a blend of convenience and comfort in a highly desirable location. The fortunate new owners of this property will experience the best of both worlds - a peaceful retreat within reach of transportation links and local facilities.
Map location is not available for this property.
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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