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135 High Street, Hornchurch Essex
£850,000
Bedrooms
Bathrooms
'' 850,000 - 900,000 '' Situated on the ever-popular Haynes Road, is this beautifully presented and extended two double bedroom detached bungalow, formerly a three bedroom, offering spacious and versatile accommodation throughout.
Built in 1930s, this property features a welcoming entrance hall leading to a modern fully fitted kitchen / dining room, a bright and airy living room, both with direct access to the rear garden and two generously sized double bedrooms. Additionally, there is a spacious utility room, dressing room / study and four-piece suite bathroom.
Externally, the bungalow boasts an impressive west facing rear garden measuring approximately 130, perfect for outdoor entertaining or future extension potential (STPP). To the front, there is a driveway providing ample off-street parking accessed via an electric gated entrance and an integral garage. The garage has the potential to be converted to living space (subject to relevant permissions).
Ideally located within easy reach of Emerson Park Station just 0.7 miles away (District Line) and Gidea Park Station, 1.1 miles, (Elizabeth Line) Boasting close proximity of excellent local schools, parks, and amenities, this delightful home combines peace, privacy, and convenience- making it a perfect choice for families or downsizers alike.
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.
135 High Street, Hornchurch Essex
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