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£650,000 Offers in excess of
Bedrooms
Bathrooms
Presenting this immaculate semi-detached property. A stunning and modern three bed home that has already been extended to the rear with potential to extend further (STPP). Located within walking distance of Harold Wood Station and within catchment of Outstanding Schools, both primary and secondary, as well as having excellent transport and road links such as, A12, A127 and M25. The ground floor is tiled from the hallway through to the extended kitchen and main living space. The Kitchen area features a waterfall island and breakfast bar, with gloss wall and base units and integrated appliances and a WC. There is plenty of room to accommodate a dining and sitting area creating a sociable space for enjoying time as a family or hosting and entertaining. Lots of natural light flows through the entire room from the latern roof feature and the bifold doors that lead you seamlessly into the landscaped garden. The garden is low maintenance with a wraparound patio, artificial lawn and a stylish outbuilding that currently features a bar. There is underfloor heating throughout the ground floor and an aircon supply to the kitchen. A separate reception room to the front of the property allows for you to be able to unwind in a more secluded setting. The first floor comprises of two generously sized bedrooms with built in wardrobes and one single bedroom and an impressive four-piece bathroom featuring a walk-in shower. Each room to the ground and first floor is finished with fitted shutters. The driveway offers ample parking as well as the garage that can allow for additional off-street parking and/or storage. This property is finished to a very high standard, 'Turnkey' ready, whilst still offering further potential. Viewings are highly recommended.
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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