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£625,000 Guide Price
Bedrooms
Bathrooms
'''GUIDE PRICE 625,000 - 650,000'''
WHAT A PLOT!! Situated in a peaceful cul-de-sac location in a sought after part of Grays, this executive style four bedroom detached home, is positioned on a generous plot, offering both space and tranquillity. This well presented interior features a welcoming entrance hall, convenient cloakroom, a spacious lounge with a separate dining room and a modern fitted kitchen with separate utility room. To the first floor, there is a three piece family bathroom suite and four good size bedrooms including a master with an en-suite shower room. Externally, the larger-than-average landscaped garden is thoughtfully designed with distinct rear and side sections. A patio area with steps leads to a well maintained lawn, framed by flower and shrub boarders, creating the perfect space for relaxation and entertaining. Parking is provided by a double garage and off street parking, this offers the potential to extend or convert STPP (subject to planning permission). A fantastic opportunity for families seeking a spacious home in a desirable and peaceful location! An internal viewing is strongly advised.
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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