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£730,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE 730,000-750,000.
Prepared to be impressed with this stunning home. The property is staggered back from its neighbours which ensures that the property is flooded with natural light. External rendering has silicon to provide a clean paintwork with minimum long-term maintenance. There is a large driveway to the front of the property.
The entrance to the hallway provides access to the utility room, and the ground floor cloakroom. To the front of the property is the reception room with bay windows and a wood burner fireplace.
The rear of the property has been extended to provide a spacious L-shaped kitchen family room. The Italian Doimo Cucine kitchen with Siemens and Bosch appliances and Corian worksurface with glass splash backs set off to perfection with ambience lighting to create the perfect mood for any event. This is a superb place to sit and enjoy views over the attractive garden which is accessed via bi folding door leading out to the composite decking area.
The first floor has been extended to provide two large doubles and one small double. There is a modern bathroom with a walking digital Aqualisa system. The second floor has a double bedroom, ensuite shower room and home office or walking wardrobe space and has outstanding views from the Juliet balcony of the surrounding hills.
The rear garden comprises of different rooms, with established borders and lawn area, with a secret garden for outside cooking and entertaining and two workshops/ storage rooms with power.
Chelsworth Drive is a quiet yet convenient location providing excellent road access to the A12 and M25 and being walking distance of the Harold Wood Elizabeth Line station. Redden Court and Harold Wood School. (Ref: HWS250064)
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.
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