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£550,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE 550,000 to 575,000
This most attractive and spacious three bedroom semi-detached family home boasts a super plot and enjoys the most Sensational un-interrupted Views across the River Crouch and beyond.
The exceptional accommodation on offer includes a bright and spacious Living Room with High ceilings and uPVC double Glazed French doors overlooking the spectacular views to the front, with a well-appointed Kitchen Diner and ground floor Cloakroom.
To the first floor, the three spacious bedrooms all have smooth plastered high ceilings with a French Doors and Juliet balcony to the Master, and a modern Family Bathroom.
Further benefitting from a beautiful double width plot which we believe offers extensive opportunity for development (STPC), a lovely un-overlooked rear garden with quality Cabin which is currently utilized as a Home Office and parking for numerous vehicles.
Being situated within the beautiful Wine Making Region of Essex within very close proximity to Althorne Railway Station which enjoys a regular Commuter service to London Liverpool St, as well as being convenient for the busy Towns of Burnham-on-Crouch, Maldon, South Woodham Ferrers and Chelmsford with their vast array of shops, schools, restaurants, and Leisure facilities.
Reservation Agreement available with this property.
Council Tax Band D
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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