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£800,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE 800,000 TO 825,000
DETACHED HOUSE SITUATED IN EMERSON PARK
THREE RECEPTION ROOMS
FITTED KITCHEN
UTILITY ROOM
GROUND FLOOR CLOAKROOM
THREE BEDROOMS
FAMILY BATHROOM WITH SEPARATE W/C
GARAGE
OUTBUILDING
EPC D
COUNCIL TAX BAND G
GARDENS TO FRONT AND REAR
OFF ROAD PARKING
GUIDE PRICE 800,000 to 825,000
Brookings are delighted to offer for sale this detached family residence situated in Emerson Park.
The property comprises of: entrance hallway, reception room, dining room, family room, fitted kitchen, utility area and ground floor cloakroom.
To the first floor are three double bedrooms with dressing area to main bedroom, bathroom and separate w/c.
Externally to the front, side and rear is a well-stocked garden with patio and lawn bordered by and mix of trees and shrubs. There is also a brick-built outbuilding to the rear and driveway to the front which leads to the garage. The property also has off road parking for three vehicles.
The property is situated in Emerson Park close to local shops and amenities.
Ardleigh Green Primary School (Ofsted: Outstanding) is 0.4 miles.
Emerson Park Station is 0.7 miles.
Gidea Park Station (Elizabeth Line) 0.6 miles.
The property needs modernising.
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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