3 bedroom terraced for sale

£325,000

3

Bedrooms

2

Bathrooms

2

Reception

Floorplan

1101 sq ft | No onward chain | Three bedroom terrace house | Walking distance to Westcliff/ Prittlewell train stations | Solar Panels | Close to Southend Hospital | Easy reach of Hamlet Court Road for shops, bars and restaurant's | Close to London Road for local bus routes and amenities |

A great opportunity to acquire a lovely three bedroom family home in Westcliff. The home boosts a bright and spacious living space throughout and benefits from having a well balanced layout and benefits from having solar panels fitted.The home comprises of a good size lounge/ diner, modern kitchen, a large conservatory leading to the rear garden, a three piece bathroom suite, two double bedrooms, one good size single bedroom and a W/C.

The property is located within easy reach of a number of local amenities as well as being close to Hamlet Court Road for its array of shops, restaurants and bars. Local transport links include Westcliff/ Prittlewell mainline railway stations and easy access to the A13 & A127 alongside local bus routes.

Additional information: -
Chain: No onward chain
Council tax band: B
EPC rating: D
Tenure: Freehold
Parking arrangements: Street parking
Garden: Yes

Hallway
Painted walls, picture rail, wood flooring. Access to the lounge/ diner, kitchen and stairs are all accessed directly off the hallway.
Lounge/ Dining Room
24' 6'' x 10' 9'' (7.46m x 3.27m)
Painted walls, Double glazed bay window plus another double glazed window to the opposite end of the room, two radiators, wood coving, wood flooring.
Kitchen
10' 10'' x 9' 8'' (3.30m x 2.94m)
Fitted kitchen with integrated oven and hob. Splash back tiles around worktop area, and painted to the rest of the walls. Double glazed window, wood flooring.
Conservatory
13' 6'' x 8' 7'' (4.11m x 2.61m)
Good size conservatory with double glazed windows all around, double doors leading out to the garden.
Garden
15' 2'' x 11' 4'' (4.62m x 3.45m)
Easy maintenance garden with paving slabs throughout, and a decked seating area.
Bedroom 1
15' 11'' x 10' 5'' (4.85m x 3.17m)
Double bedroom to front aspect. Painted walls with a wallpapered feature wall, radiator, double glazed window, fitted wardrobes, carpets.
Bedroom 2
11' 10'' x 8' 5'' (3.60m x 2.56m)
Double bedroom. Painted walls, radiator, double glazed window, wood coving, carpets.
Bedroom 3
9' 9'' x 7' 6'' (2.97m x 2.28m)
Single bedroom to rear aspect. Painted walls, radiator, double glazed window, wood flooring.
W/C
Bathroom
Three piece bathroom suite with a shower over the bath, panelled walls throughout the bathroom, obscured double glazed window, extractor fan.

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 270825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 8125
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 27075
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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