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£950,000 Offers over
Bedrooms
Bathrooms
Immaculate 4 bedroom, potential for 5 bedrooms, detached house, with 3 reception rooms, 3 bathrooms, loft conversion and garage. Location is on point on Emerson Park with stunning views over the duck pond and park, giving this home a feeling of countryside but conveniently located for transport links and Hornchurch town center either its array of shops, bistros and boutiques. To the ground floor the entrance leads into the bright spacious hallway with storage cloak cupboard, marble style floors, ground floor WC, main reception room with media wall and ample natural light overlooking the front garden, the open plan kitchen diner approx. 24 x 20 has bi-fold doors to the garden, skylight offering more natural light, the kitchen is modern and sleek in design with built in appliances. From here there is a further reception room used as a family tv room. From the kitchen there is a convenient utility room which leads out to another reception room which would make a great work space with its own door leading out to the front garden. The first floor there are 3 double bedrooms, the main bedroom has Juliet balcony doors with stunning views over the park and pond also offers a generous modern en-suite the family bathroom has a bath tub and walk in shower all modern in design. There is a study area and then stairs leading to the full length conversion, this also has a bedroom area and a lounge are with separate ensuite shower room, the layout offers the option to split this into 2 bedrooms if preferred for little expense. Externally to the side there is an attached garage, off street parking on the driveway, Garden area to the front of the home and rear garden with modern patio, lawn and undercover seating area. This home really has the wow factor and we strongly recommend to book a viewing with Bairstow Eves
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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